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The latest update is out from Flex (FLEX).
Flex Ltd. has made significant changes to its executive compensation, with interim CFO Jaime Martinez granted $300,000 in restricted share units and an additional $50,000 monthly to his base salary. Meanwhile, President Hooi Tan received a salary bump from $700,000 to $735,000 due to his expanded role. Additionally, newly promoted Chief Commercial Officer Michael P. Hartung’s annual bonus target and long-term incentive award were increased, with a $500,000 rise in the value of his equity award, reflecting the company’s commitment to aligning executive rewards with their responsibilities and performance.
See more insights into FLEX stock on TipRanks’ Stock Analysis page.