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

(September 9, 2019)

Date of Report (Date of earliest event reported)

SANMINA CORPORATION

(Exact name of registrant as specified in its charter)

Delaware	000-21272	77-0228183
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification
		No.)

2700 North First Street

San Jose, California 95134

(Address of principal executive offices, including zip code)

(408) 964-3500

(Registrant’s telephone number, including area code)

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 (see General Instruction A.2. below):

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

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

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

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.  ¨

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

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock	SANM	NASDAQ Global Select Market

ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

On September 9, 2019, the Board of Directors of Sanmina Corporation (the “Company”) appointed Krish Prabhu, 65, as a member of the Board of Directors of the Company. Mr. Prabhu has been an independent technology consultant since retiring from AT&T, a telecommunications service provider, in September 2016, where he had served as Chief Technology Officer and President of AT&T Labs since June 2011. Prior to that time, he held senior management positions at Tellabs, Inc., a telecommunications equipment provider, as President and Chief Executive Officer, from 2004 until 2008, and at Alcatel, also a telecommunications equipment provider, between 1991 and 2001. Mr. Prabhu was also a venture partner at Morganthaler Ventures between 2001 and 2004. Mr. Prabhu currently serves on the boards of several private companies and served on the board of Altera Corporation between 2007 and 2015.

Mr. Prabhu was also appointed as a member of the Compensation Committee of the Board.

Mr. Prabhu will receive the standard Board member compensation for 2019.

The press release announcing Mr. Prabhu’s appointment is filed as Exhibit 99.1 to this Form 8-K.  

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits.

Exhibit No	Description
Exhibit 99.1	Press Release issued by Sanmina Corporation on September 10, 2019

2 

SIGNATURE

   Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

	SANMINA CORPORATION
	By:	/s/ David Anderson
		David Anderson
		Executive Vice President and Chief Financial Officer
Date:  September 10, 2019

3 

EX-99.1

Exhibit 99.1

NEWS

Krish Prabhu Joins Sanmina’s Board of Directors

San Jose, CA – September 10, 2019. Sanmina Corporation (“Sanmina” or the “Company”) (NASDAQ: SANM), a leading integrated manufacturing solutions company, today announced the appointment of Krish Prabhu to the Company’s Board of Directors. Prabhu is a seasoned telecommunications executive and technology leader.

Prabhu is currently an independent technology consultant and advisor to technology start-ups. Most recently, Prabhu was Chief Technology Officer and President of AT&T Labs. During Prabhu’s tenure there, he was responsible for the company’s global technology direction, including network innovation, product development and research, the intellectual property organization and the global supply chain organization. Prior to this, he served as President and Chief Executive Officer of Tellabs, a networking technology company. In addition, Prabhu was a venture partner at Morganhaler Ventures where he was involved with the funding and development of startup companies specializing in networking hardware and software. Earlier in his career, he held various leadership positions at Alcatel, an international telecom company including Chief Operating Officer, Chief Executive Officer of Alcatel USA, Executive Vice President and as Chief Technology Officer of US operations.

Prabhu obtained his Masters of Science in physics from the Indian Institute of Technology, Bombay, India and his MS and PhD in electrical engineering from the University of Pittsburgh.

“With over 30 years of industry experience and senior leadership roles at global public corporations, Krish brings a wealth of knowledge and expertise to Sanmina’s Board. I’ve known Krish for a number of years as a customer and have always respected his business ethics, acumen and insight. I am very pleased to have Krish join our Board and I look forward to his contributions to the Company in the years ahead,” stated Jure Sola, Executive Chairman of the Board.

About Sanmina

Sanmina Corporation is a leading integrated manufacturing solutions provider serving the fastest growing segments of the global Electronics Manufacturing Services (EMS) market. Recognized as a technology leader, Sanmina provides end-to-end manufacturing solutions, delivering superior quality and support to Original Equipment Manufacturers (OEMs) primarily in the communications networks, cloud solutions, industrial, defense, medical and automotive. Sanmina has facilities strategically located in key regions throughout the world. More information about the Company is available at www.sanmina.com.

Sanmina Contact

Paige Melching

Vice President, Investor Relations

(408) 964-3610

XML

Cover	Sep. 09, 2019
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Sep. 09, 2019
Entity File Number	000-21272
Entity Registrant Name	SANMINA CORPORATION
Entity Central Index Key	0000897723
Entity Tax Identification Number	77-0228183
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	2700 North First Street
Entity Address, City or Town	San Jose
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	95134
City Area Code	408
Local Phone Number	964-3500
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock
Trading Symbol	SANM
Security Exchange Name	NASDAQ
Entity Emerging Growth Company	false