Flex (FLEX) has shared an announcement.
Flex Ltd.’s Board has greenlit the 2025 Annual Incentive Bonus Plan, offering executive officers lucrative cash bonuses tied to specific performance goals such as operating profit, free cash flow, and revenue. Bonuses vary with seniority, reaching up to 165% of the CEO’s base salary, and are contingent upon meeting minimum targets, with the potential to double if performance exceeds expectations. Sustainability and individual performance also play a role in final payouts, which can be adjusted for extraordinary financial occurrences to ensure fair evaluation.
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