Flex appoints Kevin Krumm as CFO effective Jan 6, 2025; interim CFO Martinez steps down

FLEX LTD.

Kevin Krumm named CFO effective Jan 6, 2025; succeeds interim CFO Jaime Martinez who will support transition.
Krumm was most recently EVP & CFO of APi Group; prior 15-year tenure at Ecolab in senior finance roles.
Base salary $832k; target bonus 115% of base; LTI target $2.9M (50% PSUs/50% RSUs).
Make-whole RSU grant of $5.8M and sign-on cash bonus of $3.5M; subject to clawback if leave within 24 months.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed (interim)

Jaime Martinez

Interim Chief Financial Officer

FLEX · FLEX LTD.

Effective: 2025-01-06
Successor: Kevin S. Krumm
Filed: November 22, 2024, 6:59 PM ET

In connection with Mr. Krumm’s appointment, Jaime Martinez will cease to serve as the Company’s Interim Chief Financial Officer as of the Effective Date.

Appointed

Kevin S. Krumm

Chief Financial Officer

FLEX · FLEX LTD.

Effective: 2025-01-06
Filed: November 22, 2024, 6:59 PM ET

On November 22, 2024, Flex Ltd. (the “Company”) announced that, effective January 6, 2025 (the “Effective Date”), Kevin S. Krumm has been appointed Chief Financial Officer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jaime Martinez departed as Interim Chief Financial Officer at FLEX LTD..

Action: cease to serve
Role: Interim Chief Financial Officer

Exact text from the filing

In connection with Mr. Krumm’s appointment, Jaime Martinez will cease to serve as the Company’s Interim Chief Financial Officer as of the Effective Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kevin S. Krumm was appointed as Chief Financial Officer at FLEX LTD..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On November 22, 2024, Flex Ltd. (the “Company”) announced that, effective January 6, 2025 (the “Effective Date”), Kevin S. Krumm has been appointed Chief Financial Officer of the Company.

View on SEC.gov

FLEX LTD. filing history →

Source: SEC EDGAR

accession 0000866374-24-000056

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