other material
confidence high
sentiment neutral
materiality 0.65
Flex announces leadership teams for Flex and planned SpinCo ahead of Q1 2027 spin-off
FLEX LTD.
- SpinCo CEO Revathi Advaithi; Flex CEO Michael Hartung; both effective upon spin-off completion.
- Kevin Krumm to become SpinCo CFO; Flex searching for permanent CFO successor.
- SpinCo board chaired by Bill Watkins; includes presidents of Embedded Power and Critical Power.
- Flex leadership includes presidents of Integrated Technology Solutions and Regulated Manufacturing Solutions.
- Spin-off expected in first calendar quarter of 2027, subject to board approval and conditions.