Tech — Hardware

Flex Ltd Executive Compensation (FY26)

FLEX · Austin, TX · Executive and director compensation, fiscal 2022 to 2026
Chief executive, fiscal 2026
◇
Revathi Advaithi
Latest say-on-pay support
=
August 5, 2026
Chief executive pay ratio
◇
To the median employee
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The paid brief on Flex Ltd

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Data as of October 22, 2026Latest filing (DEF 14A): October 5, 2026
15 filings cited on this page
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376 figures on this page: 364 cited to the filing that reported them, 12 calculated from figures it prints. See the citations

More on Flex Ltd

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Revathi Advaithi: $16,422,136 → $44,391,138 (170.3% higher)
Say-on-pay support: 95.8% → 74.1% (21.7 points lower)
CEO pay ratio: 1,456:1 → 3,431:1 (135.6% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Flex Ltd's chief executive and what were they paid?
Revathi Advaithi was paid $44,391,138 in total compensation as Chief Executive Officer for fiscal 2026. Advaithi's total moved 170.3% higher from the $16,422,136 reported for fiscal 2025.
What was Flex Ltd's say-on-pay result?
For fiscal 2026, shareholders backed the say-on-pay proposal with 74.1% of votes cast for or against in favor at the meeting held August 5, 2026.
Which companies are in Flex Ltd's peer group?
Companies named in the disclosed peer group include APi Group, Beacon Roofing Supply, Inc., CDW Corporation, Celestica Inc. and Coherent Corp, among others. The additional disclosed peer group names Acer Inc., APi Group, Beacon Roofing Supply, Inc., CDW Corporation and Celestica Inc., among others. Companies named in the Compensation Peer Group include Arrow Electronics, Inc., Avnet, Inc., Corning Incorporated, Cummins Inc. and Hewlett Packard Enterprise Company, among others.
What is Flex Ltd's chief executive pay ratio?
The company reported a chief executive pay ratio of 3,431:1 for fiscal 2026, against median employee compensation of $12,939.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Revathi Advaithi
Chief Executive Officer
◇—◇—◇—◇◇
Paul Lundstrom
Chief Financial Officer
◇—◇—◇◇◇◇
Scott Offer
Executive Vice President and General Counsel
◇◇◇—◇◇◇◇
Michael Hartung
President, Agility Solutions
◇—◇—◇◇◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Revathi Advaithi
Chief Executive Officer
◇—◇—◇◇◇◇
Paul Lundstrom
Chief Financial Officer
◇—◇—◇—◇◇
Michael Hartung
President, Agility Solutions
◇—◇—◇◇◇◇
Hooi Tan
President, Global Operations and Components
◇—◇—◇◇◇◇
Scott Offer
Executive Vice President and General Counsel
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Revathi Advaithi
Chief Executive Officer
◇—◇—◇◇◇◇
Paul R. Lundstrom
Former Chief Financial Officer
Departed during or after this year
◇—◇—◇◇◇◇
Hooi Tan
Chief Operating Officer
◇—◇—◇◇◇◇
Michael P. Hartung
President, Chief Commercial Officer
◇—◇—◇◇◇◇
Scott Offer
Executive Vice President, General Counsel
◇—◇—◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Revathi Advaithi
Chief Executive Officer
◇—◇—◇◇◇◇
Kevin Krumm
Chief Financial Officer
◇◇◇—◇◇◇◇
Hooi Tan
Chief Operating Officer
◇—◇—◇◇◇◇
Michael Hartung
President, Chief Commercial Officer
◇—◇—◇◇◇◇
Scott Offer
Executive Vice President, General Counsel
◇—◇—◇◇◇◇
Paul Lundstrom
Former Chief Financial Officer
Departed during or after this year
◇—◇——◇◇◇
Jaime Martinez
Interim Chief Financial Officer
Served on an interim basis
◇◇◇—◇◇◇◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Revathi Advaithi
Chief Executive Officer
◇—◇—◇◇◇◇
Kevin Krumm
Chief Financial Officer
◇—◇—◇—◇◇
Michael Hartung
President, Chief Commercial Officer
◇—◇—◇◇◇◇
Hooi Tan
Chief Operating Officer
◇—◇—◇◇◇◇
Scott Offer
Executive Vice President, General Counsel
◇—◇—◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2026
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Hooi TanPSU◇◇◇—◇—◇
Hooi TanPSU◇◇◇—◇—◇
Hooi TanRSU◇——◇——◇
Kevin KrummPSU◇◇◇—◇—◇
Kevin KrummPSU◇◇◇—◇—◇
Kevin KrummRSU◇——◇——◇
Michael P. HartungRSU◇——◇——◇
Michael P. HartungPSU◇◇◇—◇—◇
Michael P. HartungPSU◇◇◇—◇—◇
Revathi AdvaithiPSU◇◇◇—◇—◇
Revathi AdvaithiPSU◇◇◇—◇—◇
Revathi AdvaithiRSU◇——◇——◇
Revathi AdvaithiPSU◇◇◇—◇—◇
Scott OfferPSU◇◇◇—◇—◇
Scott OfferPSU◇◇◇—◇—◇
Scott OfferRSU◇——◇——◇
Fiscal 2023, 2024, 2025 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2026 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Scott OfferRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Hooi TanRSU◇◇——
RSU◇◇——
RSU◇=——
RSU◇◇——
RSU◇=——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Revathi AdvaithiRSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Kevin KrummRSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Hooi Tan
Chief Operating Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Kevin Krumm
Chief Financial Officer · Terms as announced by the company · citing a 2025 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Benefits continuation◇
Revathi Advaithi
Chief Executive Officer · Severance agreement · citing a 2025 filing
Severance multiple◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
Scott Offer
Executive Vice President, General Counsel · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Change-in-control base◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2026
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William D. Watkins
Board chair
◇◇————◇
Charles K. Stevens III
◇◇————◇
Erin L. McSweeney
◇◇————◇
Lay Koon Tan
◇◇———◇◇
Patrick J. Ward
◇◇————◇
Maryrose Sylvester
◇◇————◇
John D. Harris II
◇◇————◇
Michael E. Hurlston
—◇————◇
Revathi Advaithi served on the board in fiscal 2026 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Total board retainer◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
  • APi Group APG
  • Beacon Roofing Supply, Inc. symbol not shown
  • CDW Corporation CDW
  • Celestica Inc. CLS
  • Coherent Corp COHR
  • Comfort Systems USA FIX
  • EMCOR Group, Inc. EME
  • Fluor Corporation FLR
  • GE Vernova, Inc. GEV
  • GMS GMS
  • HP Inc. HPQ
  • Huntington Ingalls Industries HII
  • Ingram Micro Holding Corporation INGM
  • Insight Enterprises Inc. NSIT
  • Intevac Corporation IVAC
  • MasTec Inc. MTZ
  • Oshkosh Corporation OSK
  • Resideo Technologies REZI
  • Sandisk Corporation SNDK
  • Spirit AeroSystems SPR
  • StandardAero SARO
  • Stanley Black & Decker, Inc. SWK
  • Super Micro Computer, Inc. SMCI
  • UFP Industries, Inc. UFPI
  • WESCO International, Inc. WCC
Additional disclosed peer group
  • Acer Inc. symbol not shown
  • APi Group APG
  • Beacon Roofing Supply, Inc. BECN
  • CDW Corporation CDW
  • Celestica Inc. CLS
  • Coherent Corp COHR
  • Comfort Systems USA FIX
  • EMCOR Group, Inc. EME
  • Fluor Corporation FLR
  • GE Vernova, Inc. GEV
  • HP Inc. HPQ
  • Huntington Ingalls Industries HII
  • Ingram Micro Holding Corporation INGM
  • Insight Enterprises Inc. NSIT
  • Intevac Corporation IVAC
  • MasTec Inc. MTZ
  • Oshkosh Corporation OSK
  • Resideo Technologies REZI
  • Sandisk Corporation SNDK
  • Spirit AeroSystems SPR
  • StandardAero SARO
  • Stanley Black & Decker, Inc. SWK
  • Super Micro Computer, Inc. SMCI
  • UFP Industries, Inc. UFPI
  • WESCO International, Inc. WCC
Compensation Peer Group
  • Arrow Electronics, Inc. ARW
  • Avnet, Inc. AVT
  • Corning Incorporated GLW
  • Cummins Inc. CMI
  • Hewlett Packard Enterprise Company HPE
  • Jabil Inc. JBL
  • PACCAR Inc. PCAR
  • Parker Hannifin Corporation PH
  • Sanmina Corporation SANM
  • Seagate Technology Holdings plc STX
  • TD SYNNEX Corporation SNX
  • Textron Inc. TXT
  • Western Digital Corporation WDC
  • Xerox Holdings Corporation XRX

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2026August 5, 2026=◇◇◇
2025August 6, 2025=◇◇◇
2024August 8, 2024=◇◇◇
2022August 25, 2022=◇◇◇
2021August 4, 2021=◇◇◇
2020August 7, 2020=◇◇◇
2019August 20, 2019=◇◇◇
2018August 16, 2018=◇◇◇
2017August 15, 2017=◇◇◇
2016August 24, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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- Revathi Advaithi (Chief Executive Officer), FY2026 total compensation $44,391,138 (base salary $1,325,000) [exec_comp, SEC accession 0001193125-26-413189, filed 2026-10-05]

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What this page does not include

Everything above is a fact Flex Ltd disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Flex Ltd sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
376 figures on this page: 364 cited to the filing that reported them, 12 calculated from figures it prints.
364 cited to the filing
12 calculated from the filing

Documents cited

  1. 0001193125-26-413189
    DIRECTOR COMPENSATION OF AXIOM
  2. 0000866374-26-000033
  3. 0001308179-26-000365
    CEO Pay Ratio · Grants of Plan-Based Awards in Fiscal Year 2026 · Non-Employee Director Compensation Program
  4. 0000866374-25-000045
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0001308179-25-000552
    Compensation Discussion and Analysis · Summary Compensation Table
  6. 0000866374-24-000036
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0001308179-24-000647
    Summary Compensation Table
  8. 0001308179-23-000899
    Summary Compensation Table
  9. 0000866374-22-000063
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000866374-21-000050
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001104659-20-093288
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001410578-19-000891
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001104659-18-053031
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001104659-17-052657
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0001104659-16-141914
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Flex Ltd executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/FLEX (accessed 2026).
Short form: data: Velarion

The paid brief for Flex Ltd

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
15 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Tech — Hardware rankings

Peers Flex Ltd discloses

The companies named in FLEX's own disclosed peer group.

Terms on this page

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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