other_material
confidence high
sentiment neutral
materiality 0.35
Flex Ltd. Board approves Fiscal 2026 Annual Incentive Bonus Plan for executives
FLEX LTD.
- CEO target award set at 165% of base salary; CFO 115%; other NEOs 100-110%.
- Performance measures: operating profit, free cash flow, revenue at company level.
- Segment-level operating profit and revenue targets for President and CCO.
- Payout thresholds: 30% for op profit and revenue, 50% for FCF; max 200% of target.
- Company operating profit as funding metric can adjust bonus pool +/-20%; individual modifier +/-10%.
item 5.02