secwatch.observer — SEC 8-K summary
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Issuer:     SANMINA CORP (SANM)
CIK:        0000897723
Form:       8-K
Filed at:   2021-12-10T23:59:59+00:00
Accession:  0001104659-21-148579
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sanmina appoints Susan Johnson to board; approves exec salary increases and bonus plan
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- Susan A. Johnson, EVP of Global Connections & Supply Chain at AT&T, appointed to Sanmina's board effective Dec 6, 2021.
- Compensation Committee approved FY2022 bonus plan based on revenue, non-GAAP operating margin, and cash flow targets.
- CEO Jure Sola's base salary increased to $1.25M, CFO Kurt Adzema to $550k, EVP HR Alan Reid to $385k, effective Jan 3, 2022.
- EVP Worldwide Sales Dennis Young to retire Dec 31, 2021; will continue as advisor through April 30, 2022 with reduced salary.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/897723/000110465921148579/0001104659-21-148579-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/897723/000110465921148579/tm2135112d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-148579

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