Flextronics Appoints New Board Member
SINGAPORE, Jan. 10 /PRNewswire-FirstCall/ -- Flextronics (Nasdaq: FLEX)
today announced that Willy Shih, Ph.D., Harvard Business School senior
lecturer, has been appointed to the Company's Board of Directors effective
immediately.
Dr. Shih is currently a senior lecturer for the Harvard Business School, a
role he has held since January 2007. Dr. Shih's broad industry career
experience includes significant accomplishments for globally-recognized
organizations such as Kodak, IBM, Silicon Graphics and Thomson. While at
Kodak, Dr. Shih led the organization to leadership market positions in the
United States in consumer digital cameras, photo printing consumables and
online photofinishing services. He also managed key intellectual property
projects at Thomson and at Kodak. Dr. Shih holds a Ph.D. in Chemistry from the
University of California, Berkeley and S.B. degrees in Chemistry and Life
Sciences from the Massachusetts Institute of Technology.
"Willy is a strong leader who brings complementary and well-rounded
experience to the Flextronics Board along with a shared, practical approach to
the leadership of complex global organizations. We feel we have added
significant strength to our organization," said Mike McNamara, chief executive
officer of Flextronics. "I would like to welcome Willy as the newest member of
the Flextronics Board."
As previously announced and in connection with the appointment of the new
director, Michael Marks has simultaneously retired as a director of
Flextronics. Ray Bingham has assumed the role of Chairman of the Flextronics
Board. Mr. Bingham has served as a member of Flextronics Board since October
2005. He has also served in a number of capacities with Cadence Design
Systems, Inc., a supplier of electronic design automation software and
services. Mr. Bingham served Cadence as its Executive Chairman from May 2004
to July 2005, Director from November 1997 to April 2004, President and Chief
Executive Officer from April 1999 to May 2004, and Executive Vice President
and Chief Financial Officer from April 1993 to April 1999.
McNamara continued, "On behalf of the Board, I would like to thank Michael
for his many contributions to Flextronics over the years. His guidance and
leadership have been significant to our organization and we wish Michael all
the best in his future endeavors."
About Flextronics
Headquartered in Singapore (Singapore Reg. No. 199002645H), Flextronics is
a leading Electronics Manufacturing Services (EMS) provider focused on
delivering complete design, engineering and manufacturing services to
automotive, computing, consumer digital, industrial, infrastructure, medical
and mobile OEMs. With the acquisition of Solectron, pro forma fiscal year 2007
revenues from continuing operations are more than US$30.0 billion. Flextronics
helps customers design, build, ship, and service electronics products through
a network of facilities in 30 countries on four continents. This global
presence provides design and engineering solutions that are combined with core
electronics manufacturing and logistics services, and vertically integrated
with components technologies, to optimize customer operations by lowering
costs and reducing time to market. For more information, please visit
http://www.flextronics.com.
SOURCE Flextronics
Thomas J. Smach, Chief Financial Officer, +1-408-576-7722,
investor_relations@flextronics.com, or Renee Brotherton, Vice President,
Corporate Communications, +1-408-576-7189, renee.brotherton@flextronics.com
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