Flex Unveils Leadership Teams for Upcoming Cloud and Power Spin-Off

Flex (NASDAQ: FLEX) is taking pivotal steps towards a transformative spin-off of its Cloud and Power Infrastructure segment, which is expected to launch as a separate, publicly traded entity—referred to as SpinCo. This strategic move is anticipated to occur in the first quarter of 2027. Today, the company announced key leadership roles that aim to strengthen its operational foundations.

The appointed leadership for SpinCo will include notable figures such as Revathi Advaithi, who will serve as the Chief Executive Officer. Joining her are Bill Watkins, who assumes the role of Non-Executive Chairman of the Board, and Kevin Krumm, who will take on the responsibilities of Chief Financial Officer post-spin. Other key appointments include Rob Campbell as Chief Commercial Officer, and Mattias Jansson as President of Embedded Power. This diverse executive team reflects both deep industry expertise and a commitment to guiding SpinCo through its formative stages in an increasingly competitive landscape.

Revathi Advaithi expressed her enthusiasm regarding the spin-off, stating, "AI is fundamentally reshaping how infrastructure is built, powered, and scaled, and this is the right time to create two focused companies, each aligned to a distinct opportunity." With the increasing significance of AI in infrastructure development, both Flex and SpinCo are poised to leverage their unique capabilities to address emerging market demands.

In parallel, Flex has also established its leadership structures to navigate the evolving challenges and possibilities in manufacturing. Michael Hartung will continue to lead as Chief Executive Officer, focused on long-term growth and sustainability strategies. The leadership roster at Flex will also feature Dennis Kirkpatrick, who will oversee Integrated Technology Solutions, Mike Thoeny in charge of Regulated Manufacturing Solutions, along with Rodrigo DallOglio and Ivan Brockman steering the company’s operational and business transformation initiatives.

The creation of SpinCo is not merely a corporate restructuring—it reflects Flex's strategic aim to enhance operational agility and market responsiveness. This new entity will specifically focus on the pivotal Cloud and Power Infrastructure business, which has seen a surge in importance as businesses increasingly seek to leverage advanced technologies. The split is intended to facilitate enhanced strategic focus, financial flexibility, and ultimately, value creation for shareholders involved in both businesses.

As Flex unveils its leadership teams, it is poised for a future that is reflective of innovation and strategic alignment with market needs. The leadership teams will navigate not only the challenges but also the dynamic opportunities that are emerging in the realms of cloud computing and power management, vital components in today’s digital economy.

For additional insights into the executives steering this transition, detailed biographies and further information can be accessed via Flex’s Executive Bios page. This transition marks a significant chapter for both Flex and SpinCo, as they leverage their respective strengths to achieve sustainable growth and market leadership in the years to come.

About Flex

Flex is known for its unparalleled manufacturing solutions and global footprint that spans across 30 nations, partnering with leading brands to design and manage products that contribute positively to society. The company's innovations extend to advanced manufacturing techniques and lifecycle services, signifying its commitment to not only meeting customer needs but also addressing the overarching challenges presented by the contemporary era of Artificial Intelligence.

For comprehensive information on this spin-off and its intended operational roadmap, interested parties can visit Flex's dedicated page at Flex's Transaction Resources.