Flex Announces Leadership Teams for Flex and Planned Cloud and Power Infrastructure Spin-Off (SpinCo)
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AUSTIN, Texas, July 29, 2026 /PRNewswire/ -- Flex (Nasdaq: FLEX ) today announced key leadership roles for both Flex and "SpinCo," the planned independent, publicly traded company comprising its Cloud and Power Infrastructure segment following the expected spin-off in the first calendar quarter of 2027 (Spin-Off). These appointments further strengthen the leadership teams expected to lead both companies following the Spin-Off, alongside previously announced Chief Executive Officers Revathi Advaithi and Michael Hartung at SpinCo and Flex, respectively. SpinCo Leadership "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," said Advaithi. "I'm excited to lead SpinCo, and grateful to build this next chapter with a leadership team that reflects the depth and expertise this business will need as an independent company." *Krumm, currently Flex Chief Financial Officer (CFO), is expected to become SpinCo CFO upon completion of the separation. He will continue serving as Flex CFO through the transaction. Flex has initiated a search for a permanent CFO and expects to appoint a successor before the transaction is completed. Flex Leadership "I'm honored to build on Flex's proven playbook as we enter our next chapter with a clear focus on the long-term growth...
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