Sanmina Unveils 2026 Corporate Bonus Plan Tied to Performance Targets
Reuters
Dec 13
Sanmina Unveils 2026 Corporate Bonus Plan Tied to Performance Targets
Sanmina Corporation has announced the approval of its Fiscal Year 2026 Corporate Bonus Plan. The plan sets specific targets for revenue, non-GAAP operating margin, and cash flow from operations for fiscal 2026, with incentive compensation contingent on meeting minimum performance thresholds. Executive officers' target incentive compensation under the plan ranges from 90% to 187.5% of annual base salary. Actual payouts will depend on both company-wide results and individual or divisional performance goals. The Compensation Committee retains the authority to amend or terminate the plan and may adjust individual incentive awards at its discretion.
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