other material
confidence high
sentiment neutral
materiality 0.25
Flex Ltd. approves FY2027 executive bonus plan: CEO 165%, CFO 115%, others 100-110% of base
FLEX LTD.
- CEO target 165% of base salary; CFO target 115%; other NEOs 100-110%.
- Performance metrics: operating profit, free cash flow, revenue; thresholds 30%, 50%, max 200% of target.
- Company operating profit as funding metric can adjust payouts +/- 20 ppt.
- Individual performance modifier can adjust final payout by +/- 10 ppt.
- Plan uses adjusted non-GAAP measures; committee may exclude extraordinary items.