0001104659-20-044212.txt : 20200407 0001104659-20-044212.hdr.sgml : 20200407 20200407165601 ACCESSION NUMBER: 0001104659-20-044212 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20200402 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20200407 DATE AS OF CHANGE: 20200407 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FLEX LTD. CENTRAL INDEX KEY: 0000866374 STANDARD INDUSTRIAL CLASSIFICATION: PRINTED CIRCUIT BOARDS [3672] IRS NUMBER: 000000000 STATE OF INCORPORATION: U0 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23354 FILM NUMBER: 20780273 BUSINESS ADDRESS: STREET 1: 2 CHANGI SOUTH LANE CITY: SINGAPORE STATE: U0 ZIP: 486123 BUSINESS PHONE: (65) 6876-9899 MAIL ADDRESS: STREET 1: 2 CHANGI SOUTH LANE CITY: SINGAPORE STATE: U0 ZIP: 486123 FORMER COMPANY: FORMER CONFORMED NAME: FLEXTRONICS INTERNATIONAL LTD. DATE OF NAME CHANGE: 20060608 FORMER COMPANY: FORMER CONFORMED NAME: FLEXTRONICS INTERNATIONAL LTD DATE OF NAME CHANGE: 19940318 FORMER COMPANY: FORMER CONFORMED NAME: FLEX HOLDINGS PTE LTD DATE OF NAME CHANGE: 19940201 8-K 1 tm2015268-1_8k.htm FORM 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 2, 2020

FLEX LTD.

(Exact Name of Registrant as Specified in Its Charter)

Singapore		0-23354		Not Applicable
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

2 Changi South Lane, Singapore		486123
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (65) 6876-9899

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Ordinary Shares, No Par Value		FLEX		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

¨

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) Flex Ltd. (the “Company”) announced that, on April 2, 2020, Douglas M. Britt, President, Flex Agility Solutions, advised the Company of his intent to resign from the Company.

In connection with the Company’s succession planning, the Company further announced that Michael Hartung has been promoted to President of the Agility Solutions Segment, reporting to the CEO. Mr. Hartung brings a wealth of experience to his expanded role. Over his 15 years with the Company, Mr. Hartung has held increasing roles of responsibility including Vice President, Capital Equipment, Senior Vice President, Consumer, Home & Lifestyle business, and most recently, President, Lifestyle business.

Item 7.01 Regulation FD Disclosure

On April 7, 2020, the Company issued a press release announcing Mr. Britt’s notice of his intent to resign and, in connection with the Company’s succession planning, the promotion of Mr. Hartung, a copy of such press release is attached as Exhibit 99.1 hereto.

The information in Item 7.01 of this Current Report on Form 8 K and the Exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit

99.1		Press release, dated April 7, 2020, issued by Flex Ltd.

104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		Flex Ltd.

Date: April 7, 2020	By:	/s/ Christopher Collier
		Name:	Christopher Collier
		Title:	Chief Financial Officer

3

EX-99.1 2 tm2015268d1_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

Flex Appoints Michael Hartung as President, Agility Solutions Segment

San Jose, Calif., April 7, 2020 – Flex (NASDAQ: FLEX) announced the appointment of Michael Hartung as president of the Agility Solutions Segment. As part of the company’s succession planning, Mr. Hartung’s appointment follows Doug Britt’s notice of his intent to resign from the company.

Mr. Hartung brings a wealth of experience to his expanded role. Over his 15 years with Flex, he has held increasing roles of responsibility including vice president of Capital Equipment, senior vice president of Home & Lifestyle business, and most recently, president of Lifestyle business. In his new capacity, Mr. Hartung will oversee the company’s Agility Solutions segment that is comprised of the Communications, Enterprise and Cloud (CEC), Consumer Devices, and Lifestyle business units. To address customers’ evolving needs, he will be responsible for driving the segment’s strategy by creating differentiated end-to-end solutions, integrating a regionalized agile manufacturing model with market leading technical expertise.

“At Flex, the Agility Solutions segment has a critical role, providing scale and technology platforms to support our customers and the rest of our business,” said Revathi Advaithi, CEO at Flex. “In this current COVID-19 crisis, our ability to move fast with discipline and deliver many products which are now deemed “essential” from our Agility Solutions segment is more important than ever. Michael has been instrumental in helping implement our new market facing segment structure and has helped build our global presence and reputation as a valued partner and solution generator in the very dynamic Lifestyle market. Michael has the right capability to build our go forward strategy for this business that is focused on high quality with a flexible cost structure combined with agility for shorter product life cycles.”

To learn more about Flex’s leadership, visit https://flex.com/company/our-leadership.

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. For more information, visit flex.com.

Media Contact:
Silvia Gianelli

831-359-0277

Silvia.gianelli@flex.com

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U0 0-23354 2 Changi South Lane SG 486123 65 6876-9899 false false false false Ordinary Shares, No Par Value FLEX NASDAQ false XML 12 R1.htm IDEA: XBRL DOCUMENT

Cover	Apr. 02, 2020
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Apr. 02, 2020
Entity File Number	0-23354
Entity Registrant Name	FLEX LTD.
Entity Central Index Key	0000866374
Entity Tax Identification Number	00-0000000
Entity Incorporation, State or Country Code	U0
Entity Address, Address Line One	2 Changi South Lane
Entity Address, City or Town	Singapore
Entity Address, Country	SG
Entity Address, Postal Zip Code	486123
City Area Code	65
Local Phone Number	6876-9899
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Ordinary Shares, No Par Value
Trading Symbol	FLEX
Security Exchange Name	NASDAQ
Entity Emerging Growth Company	false

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