Flex Ltd. announced updates regarding its planned separation of the Cloud and Power Infrastructure business into an independent company named Axiom Solutions International, Inc., expected to close in Q1 2027. The filing details the post-separation board compositions for both entities, including four new director appointments: George R. Oliver and Brian Yoor to Flex, and Mark Eubanks and David Johnson to Axiom. Additionally, Amy B. Schwetz will join Flex as CFO of its Regulated Manufacturing Services and Integrated Technology Services segments on October 5, 2026, with expectations to serve as Flex's CFO post-separation. The company operates in the electronics manufacturing services industry.

Flex Ltd. announced the acquisition of EPC Power Corp. for $4.4 billion in cash, subject to customary adjustments. The transaction is expected to close in the fourth quarter of 2026, pending regulatory approvals including Hart-Scott-Rodino waiting periods. Flex secured a senior unsecured 364-day bridge facility commitment of up to $4.4 billion from Citigroup and Bank of America to finance the deal. EPC Power, a provider of intelligent power conversion solutions for data centers and grid applications, is expected to generate approximately $800 million in revenue in calendar 2026 with an EBITDA margin expanding to approximately 30% by 2027. The acquired business will join Flex’s Cloud and Power Infrastructure segment, which the company plans to spin off into an independent publicly traded entity in the first quarter of 2027. Flex Ltd. is a global manufacturing partner that designs, builds, and manages products for technology customers.

On July 29, 2026, Flex Ltd. announced key leadership appointments for both its remaining operations and 'SpinCo,' the independent entity resulting from the planned spin-off of its Cloud and Power Infrastructure business. Revathi Advaithi will serve as Non-Executive Chairman of SpinCo, with Kevin Krumm appointed as CFO pending transaction completion. Michael Hartung remains CEO of Flex Ltd., while Dennis Kirkpatrick and Mike Thoeny lead Integrated Technology Solutions and Regulated Manufacturing Solutions, respectively. The spin-off is expected to close in the first calendar quarter of 2027, subject to board approval and customary conditions. Flex Ltd. operates as a global manufacturing partner providing advanced manufacturing, supply chain solutions, and lifecycle services.

Flex Ltd. reported first-quarter fiscal 2027 results for the period ended June 26, 2026, announcing net sales of $7.9 billion, a 21% increase year-over-year. The company delivered GAAP earnings per share of $0.76 and record adjusted EPS of $1.00, with an adjusted operating margin of 6.7%. Management provided updated full-year fiscal 2027 guidance, raising net sales expectations to a range of $33.7 billion to $35.2 billion and increasing adjusted EPS guidance to $4.42–$4.74. Additionally, Flex announced an Investor Day scheduled for November 10, 2026. The company operates in the electronics manufacturing services industry, providing design, build, and supply chain solutions.

Flex Ltd. announced the approval of its Annual Incentive Bonus Plan for fiscal year 2027 on June 11, 2026. The plan establishes cash bonus opportunities for executive officers based on company-level operating profit, free cash flow, and revenue targets. Target award opportunities are set at 165% of base salary for the CEO, 115% for the CFO, and 100% to 110% for other named executive officers. Payouts for individual metrics range from a 30% threshold to a 200% maximum. The Compensation and People Committee retains discretion to adjust awards based on overall performance and may exclude extraordinary or nonrecurring items from calculations. Flex Ltd. is a technology company providing manufacturing and supply chain solutions.