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.
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Data as of October 22, 2026Latest filing (DEF 14A): October 5, 2026
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
Velarion Member, one year
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.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Hooi Tan | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Hooi Tan | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Hooi Tan | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Kevin Krumm | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Kevin Krumm | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Kevin Krumm | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Michael P. Hartung | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Michael P. Hartung | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Michael P. Hartung | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Revathi Advaithi | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Revathi Advaithi | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Revathi Advaithi | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Revathi Advaithi | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Scott Offer | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Scott Offer | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Scott Offer | RSU | ◇ | — | — | ◇ | — | — | ◇ |
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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Scott Offer | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Hooi Tan | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | = | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | = | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Revathi Advaithi | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Kevin Krumm | RSU | ◇ | ◇ | — | — |
| 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
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
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.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2026 | August 5, 2026 | = | ◇ | ◇ | ◇ |
| 2025 | August 6, 2025 | = | ◇ | ◇ | ◇ |
| 2024 | August 8, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | August 25, 2022 | = | ◇ | ◇ | ◇ |
| 2021 | August 4, 2021 | = | ◇ | ◇ | ◇ |
| 2020 | August 7, 2020 | = | ◇ | ◇ | ◇ |
| 2019 | August 20, 2019 | = | ◇ | ◇ | ◇ |
| 2018 | August 16, 2018 | = | ◇ | ◇ | ◇ |
| 2017 | August 15, 2017 | = | ◇ | ◇ | ◇ |
| 2016 | August 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]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 — $1,500Written 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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499Realizable 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 IntelligenceAdviser 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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Velarion IntelligenceCitations
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
- 0001193125-26-413189DIRECTOR COMPENSATION OF AXIOM
- 0000866374-26-000033
- 0001308179-26-000365CEO Pay Ratio · Grants of Plan-Based Awards in Fiscal Year 2026 · Non-Employee Director Compensation Program
- 0000866374-25-000045Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001308179-25-000552Compensation Discussion and Analysis · Summary Compensation Table
- 0000866374-24-000036Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001308179-24-000647Summary Compensation Table
- 0001308179-23-000899Summary Compensation Table
- 0000866374-22-000063Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000866374-21-000050Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-20-093288Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001410578-19-000891Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-18-053031Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-17-052657Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-16-141914Item 5.07 Submission of Matters to a Vote of Security Holders
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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.
APi GroupCDW CorporationCelestica Inc.Coherent CorpComfort Systems USAEMCOR Group, Inc.Fluor CorporationGE Vernova, Inc.GMSHP Inc.Huntington Ingalls IndustriesIngram Micro Holding CorporationInsight Enterprises Inc.Intevac CorporationMasTec Inc.Oshkosh CorporationResideo TechnologiesSandisk CorporationSpirit AeroSystemsStandardAeroStanley Black & Decker, Inc.Super Micro Computer, Inc.UFP Industries, Inc.WESCO International, Inc.
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}
}