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Flex Ltd Executive Compensation (FY26)

FLEX · Austin, TX · Executive and director compensation, fiscal 2022 to 2026
Data as of September 7, 2026Latest filing (8-K): August 7, 2026
339 figures on this page: 329 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
Disclosures span fiscal 2022 through fiscal 2026. Separately, for fiscal 2026, the company reported 5 named executive officers. 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, and companies named in the disclosed peer group include APi Group, Beacon Roofing Supply, Inc., CDW Corporation, Celestica Inc. and Coherent Corp, among others, while the Compensation Peer Group names Arrow Electronics, Inc., Avnet, Inc., Corning Incorporated, Cummins Inc. and Hewlett Packard Enterprise Company, among others.
Latest say-on-pay support
=
August 5, 2026
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.
Say-on-pay support: 95.8% → 74.1% (21.7 points lower)

Frequently asked questions

Answers drawn from the data on this page.
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 Compensation Peer Group names Arrow Electronics, Inc., Avnet, Inc., Corning Incorporated, Cummins Inc. and Hewlett Packard Enterprise Company, among others.

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
◇◇◇—◇◇◇◇
Hooi Tan
President, Global Operations and Components
◇—◇—◇◇◇◇
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
————————
Kevin Krumm
Chief Financial 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
————————
Jaime Martinez
Interim Chief Financial Officer
Served on an interim basis
◇◇◇—◇◇◇◇
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
◇◇◇—◇◇◇◇
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. HartungPSU◇◇◇—◇—◇
Michael P. HartungPSU◇◇◇—◇—◇
Michael P. HartungRSU◇——◇——◇
Revathi AdvaithiPSU◇◇◇—◇—◇
Revathi AdvaithiRSU◇——◇——◇
Revathi AdvaithiPSU◇◇◇—◇—◇
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
Kevin KrummRSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Michael HartungPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Hooi TanPSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Scott OfferRSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Revathi AdvaithiPSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
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.
Revathi Advaithi
Chief Executive Officer · Severance agreement · citing a 2025 filing
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Clawback◇
Scott Offer
Executive Vice President, General Counsel · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Hooi Tan
Chief Operating Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
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◇

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◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.
Stock ownership guideline: 5x annual cash retainer ($450,000)

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
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=◇◇◇
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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 — $1,200
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.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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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.
339 figures on this page: 329 cited to the filing that reported them, 10 calculated from figures it prints.
329 cited to the filing
10 calculated from the filing

Documents cited

  1. 0000866374-26-000033
  2. 0001308179-26-000365
    Components of Non-Employee Director Compensation Program · Grants of Plan-Based Awards in Fiscal Year 2026 · Non-Employee Director Compensation Program · Outstanding Equity Awards at 2026 Fiscal Year-End
  3. 0000866374-25-000045
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001308179-25-000552
    Compensation Discussion and Analysis · Summary Compensation Table
  5. 0000866374-24-000036
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001308179-24-000647
    Summary Compensation Table
  7. 0001308179-23-000899
    Summary Compensation Table
  8. 0000866374-22-000063
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0000866374-21-000050
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001104659-20-093288
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001410578-19-000891
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001104659-18-053031
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001104659-17-052657
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 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
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Tech — Hardware rankings

Chief executive pay — Tech — HardwareCEO pay ratio — Tech — HardwareSay-on-pay support — Tech — Hardware

Peers Flex Ltd discloses

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

Celestica Inc.Coherent CorpSuper Micro Computer, Inc.Jabil Inc.Sanmina CorporationSeagate Technology Holdings plcWestern Digital Corporation

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
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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