---
schema_version: "secwatch.filing_event.v1"
accession: "0000866374-24-000056"
form_type: "8-K"
ticker: "FLEX"
cik: "0000866374"
company_name: "FLEX LTD."
filed_at: "2024-11-22T23:59:59+00:00"
generated_at: "2026-05-29T20:14:46.906259+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000866374-24-000056
- form_type: 8-K
- ticker: FLEX
- cik: 0000866374
- company_name: FLEX LTD.
- filed_at: 2024-11-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866374/000086637424000056/0000866374-24-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866374/000086637424000056/flex-20241118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000866374-24-000056
- JSON: https://secwatch.observer/filing/0000866374-24-000056.json
- Plain text: https://secwatch.observer/filing/0000866374-24-000056.txt

## Key facts
- Executive change
  Jaime Martinez departed as Interim Chief Financial Officer at FLEX LTD..
  - Action: cease to serve
  - Role: Interim Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/866374/000086637424000056/0000866374-24-000056-index.htm
- Executive change
  Kevin S. Krumm was appointed as Chief Financial Officer at FLEX LTD..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/866374/000086637424000056/0000866374-24-000056-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.