CFO to focus on continuing Flex's momentum in
creating shareholder value and achieving long-term financial
success in line with the company's transformational goals
AUSTIN,
Texas, Nov. 22, 2024 /PRNewswire/ -- Flex
(NASDAQ: FLEX) today announced that Kevin
S. Krumm will join the company as Chief Financial Officer
(CFO), effective January 6, 2025. He
will succeed Jaime Martinez, interim
CFO, who will remain with Flex and support a smooth transition.
Reporting to Flex CEO Revathi
Advaithi, Mr. Krumm will focus on driving the company's
long-term financial strategy and creating shareholder
value.
Mr. Krumm joins Flex with more than 20 years of experience
across industrial, chemical, and healthcare industries. Previously,
he served as Executive Vice President and Chief Financial Officer
of APi Group Corporation, a global market-leading business services
provider of safety and specialty services. Prior to APi Group, Mr.
Krumm had a 15-year tenure at Ecolab Inc. in various roles of
increasing responsibility, most recently as Corporate Treasurer and
Senior Vice President of Global Financial Shared Services.
"Kevin's demonstrated leadership and success across several
industries is well aligned with Flex's strategy," said Revathi
Advaithi, CEO, Flex. "I look forward to partnering with Kevin to
continue to create shareholder value and drive Flex's long-term
financial success."
"I am delighted to be joining the Flex team. Flex is uniquely
positioned at the intersection of innovation and operational
excellence, with a strong legacy of collaboration and execution,"
said Mr. Krumm. "I look forward to working with the Flex team to
build on its track record of financial performance and continue to
deliver shareholder value."
Mr. Krumm holds a bachelor's degree in accounting from the
University of Northern Iowa and a
master's in business administration from the University of Chicago Booth School of Business.
About Flex
Flex (Reg. No. 199002645H) is the manufacturing partner of
choice that helps a diverse customer base design and build products
that improve the world. Through the collective strength of a global
workforce across 30 countries and responsible, sustainable
operations, Flex delivers technology innovation, supply chain, and
manufacturing solutions to diverse industries and end markets.
Contacts
Investors & Analysts
David Rubin
Vice President, Investor Relations
(408) 577-4632
David.Rubin@flex.com
Media & Press
Yvette Lorenz
Director, Executive Communications
(415) 225-7315
Yvette.Lorenz@flex.com
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of U.S. securities laws, including statements related
to our future financial results and changes to Flex's leadership
and the expected timing and benefits thereof. These forward-looking
statements are based on current expectations, forecasts and
assumptions involving risks and uncertainties that could cause the
actual outcomes and results to differ materially from those
anticipated by these forward-looking statements. Readers are
cautioned not to place undue reliance on these forward-looking
statements. Additional information concerning these and other risks
is described under "Risk Factors" and "Management's Discussion
and Analysis of Financial Condition and Results of Operations" in
our most recent Annual Report on Form 10-K and in our subsequent
filings with the U.S. Securities and Exchange Commission. Flex
assumes no obligation to update any forward-looking statements,
which speak only as of the date they are made.
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SOURCE Flex