Flex Ltd. Announces New Executive Compensation Plan for Fiscal 2026, Tied to Performance Metrics

Reuters
06/14
Flex Ltd. Announces New Executive Compensation Plan for Fiscal 2026, Tied to Performance Metrics

Flex Ltd. has unveiled its Annual Incentive Bonus Plan for fiscal year 2026, which was approved by the Board of Directors on June 12, 2025. The plan outlines the opportunity for executive officers to earn annual cash bonuses based on the achievement of specific performance goals. Key performance measures include operating profit, free cash flow, and revenue targets at the company level, with additional segment-level targets for certain executives. The bonus plan sets target award opportunities at 165% of base salary for the CEO, 115% for the CFO, and between 100% and 110% for other named executive officers. Payouts are contingent upon meeting threshold performance measures, with potential adjustments based on individual executive performance and overall company performance. The plan also allows for modifications to exclude extraordinary or nonrecurring items, using adjusted, non-GAAP measures.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flex Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000866374-25-000032), on June 13, 2025, and is solely responsible for the information contained therein.

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