Flex Ltd.
Flex Announces Board Chair Change and Q4 2024 Financial Results
Summary
Flex Ltd. announced that Michael D. Capellas, the current Chair of the Board, will not stand for re-election at the 2024 Annual General Meeting. William D. Watkins has been appointed as the new Chair of the Board, effective after the meeting. The company also announced its financial results for the fourth quarter and fiscal year ended March 31, 2024, showing strong performance with notable net sales, operating income, and earnings per share. Additionally, Flex disclosed a restructuring plan that is expected to incur charges of $75 million to $125 million over the first three quarters of FY 2025.
Profitelligence Alerts
Get alerts for FLEX
Be first to know when Flex Ltd. files with the SEC.
Filing Categories
Exhibits (2)
Advertisement
About Flex Ltd.
Flex Ltd. is a leading manufacturing and supply chain solutions provider that operates on a global scale. The company primarily focuses on developing and delivering innovative product solutions for a broad range of industries including consumer electronics, industrial automation, automotive, healthcare, and energy. Leveraging advanced technologies and supply chain expertise, Flex Ltd. offers comprehensive services ranging from design, engineering, and manufacturing to logistics and post-production support. As a key player in the manufacturing sector, the company enables its clients to streamline their operations, reduce costs, and accelerate time-to-market for new products. Flex Ltd.'s strategic global footprint, encompassing facilities and offices in over 30 countries, highlights its significant role in facilitating a seamless flow of goods across international markets. Founded in 1969 and headquartered in Singapore, Flex Ltd. continues to influence how businesses adapt to evolving technological and market demands with its commitment to efficiency, sustainability, and innovation.
Official SEC Documents
Advertisement