Flex Ltd.

BMV:FLEX N Stock Report

Market Cap: Mex$233.8b

Flex Management

Management criteria checks 3/4

Flex's CEO is Revathi Advaithi, appointed in Feb 2019, has a tenure of 5.33 years. total yearly compensation is $15.60M, comprised of 8.5% salary and 91.5% bonuses, including company stock and options. directly owns 0.39% of the company’s shares, worth MX$900.60M. The average tenure of the management team and the board of directors is 3.9 years and 4.7 years respectively.

Key information

Revathi Advaithi

Chief executive officer

US$15.6m

Total compensation

CEO salary percentage8.5%
CEO tenure5.3yrs
CEO ownership0.4%
Management average tenure3.9yrs
Board average tenure4.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Revathi Advaithi's remuneration changed compared to Flex's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

US$633m

Dec 31 2023n/an/a

US$753m

Sep 29 2023n/an/a

US$786m

Jun 30 2023n/an/a

US$790m

Mar 31 2023US$16mUS$1m

US$443m

Dec 31 2022n/an/a

US$818m

Sep 30 2022n/an/a

US$815m

Jul 01 2022n/an/a

US$919m

Mar 31 2022US$14mUS$1m

US$868m

Dec 31 2021n/an/a

US$1b

Oct 01 2021n/an/a

US$990m

Jul 02 2021n/an/a

US$767m

Mar 31 2021US$12mUS$863k

US$613m

Dec 31 2020n/an/a

US$422m

Sep 25 2020n/an/a

US$325m

Jun 26 2020n/an/a

US$95m

Mar 31 2020US$11mUS$1m

US$88m

Dec 31 2019n/an/a

-US$25m

Sep 27 2019n/an/a

-US$182m

Jun 28 2019n/an/a

US$22m

Mar 31 2019US$6mUS$166k

US$93m

Compensation vs Market: Revathi's total compensation ($USD15.60M) is above average for companies of similar size in the MX market ($USD5.81M).

Compensation vs Earnings: Revathi's compensation has been consistent with company performance over the past year.

CEO

Revathi Advaithi (56 yo)

5.3yrs

Tenure

US$15,597,910

Compensation

Ms. Revathi Advaithi has been Chief Executive Officer and Director Flex Ltd. since February 11, 2019. Ms. Advaithi has been Independent Director of Uber Technologies, Inc. since July 1, 2020.She served as...

Leadership Team

NamePositionTenureCompensationOwnership
Revathi Advaithi
CEO & Director5.3yrsUS$15.60m0.39%
MX$ 900.6m
Paul Lundstrom
Chief Financial Officer3.8yrsUS$4.73m0.056%
MX$ 130.6m
Hooi Tan Kwang
President of Global Operations & Supply Chain2.2yrsUS$3.84m0.020%
MX$ 46.8m
D. Offer
Executive VP & General Counsel7.8yrsUS$3.70m0.042%
MX$ 99.3m
Michael Hartung
President of Flex Agility Solutions4.2yrsUS$4.11m0.030%
MX$ 71.0m
Daniel Wendler
Chief Accounting Officer2.3yrsno data0.0022%
MX$ 5.2m
Gus Shahin
Chief Information & Digital Officer11.2yrsno datano data
David Rubin
Vice President of Investor Relationsno datano datano data
Silvia Gianelli
Senior Director of Corporate Communicationsno datano datano data
Xavier F. Boza
Chief Human Resources Officer2.8yrsno datano data
Paul Baldassari
President of Manufacturing & Services2.4yrsno datano data
Mike Thoeny
President of Automotive Business Group4yrsno datano data

3.9yrs

Average Tenure

56.5yo

Average Age

Experienced Management: FLEX N's management team is considered experienced (3.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Revathi Advaithi
CEO & Director5.3yrsUS$15.60m0.39%
MX$ 900.6m
Michael Capellas
Independent Non-Executive Chairman10.3yrsUS$398.00k0.051%
MX$ 119.1m
William D. Watkins
Independent Director15.2yrsUS$415.48k0.025%
MX$ 59.0m
Lay Koon Tan
Independent Director12.3yrsUS$293.99k0.059%
MX$ 138.8m
Michael E. Hurlston
Independent Director3.8yrsUS$290.00k0.013%
MX$ 31.2m
John Delanier Harris
Independent Director3.6yrsUS$290.00k0.0083%
MX$ 19.3m
Maryrose Sylvester
Independent Director1.8yrsUS$224.05k0.0013%
MX$ 2.9m
Patrick J. Ward
Independent Director2.4yrsUS$290.00k0.0042%
MX$ 9.8m
Charles Stevens
Independent Director5.6yrsUS$338.00k0.013%
MX$ 30.5m
Erin L. McSweeney
Independent Director4yrsUS$338.00k0.0049%
MX$ 11.5m

4.7yrs

Average Tenure

61yo

Average Age

Experienced Board: FLEX N's board of directors are considered experienced (4.7 years average tenure).