Flex Unveils Axiom As Its AI Infrastructure Spin-Off

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  "detected_at": "2026-09-15T15:55:14+00:00",
  "company": {
    "name": "Flex",
    "domain": "flex.com"
  },
  "data": {
    "url": "https://finance.yahoo.com/technology/ai/articles/flex-unveils-axiom-ai-infrastructure-155514720.html",
    "title": "Flex Unveils Axiom As Its AI Infrastructure Spin-Off - Yahoo Finance",
    "contact": "Amy B. Schwetz",
    "excerpt": "Flex Ltd. (NASDAQ: FLEX ) on Tuesday unveiled Axiom Solutions International Inc. as the name of its planned independent cloud and power infrastructure company. The move advances Flex's plan to separate the fast-growing business into a standalone public company . Flex also filed a preliminary Form 10 registration statement with the U.S. Securities and Exchange Commission. Following the planned spin-off, Axiom is expected to trade on the Nasdaq under the ticker AXM. Axiom will combine power, thermal management and computing systems. The business aims to address growing infrastructure demands from artificial intelligence and data centers. Flex expects to complete the separation in the first quarter of 2027. However, the transaction remains subject to several conditions. These include final board approval, effectiveness of the Form 10, shareholder approval and Singapore High Court approval. Separately, Flex said Amy B. Schwetz will join the company on Oct. 5 as chief financial officer of its Regulated Manufacturing Services and Integrated Technology Services segments. She is expected to become Flex CFO after the separation . Schwetz has more than 25 years of finance and accounting experience. She previously served as CFO of Flowserve Corp. and Peabody Energy Corp. Flex also outlined the expected boards of both companies. The appointments include George R. Oliver and Brian Yoor at...",
    "summary": "Flex announced that Amy B. Schwetz will join the company as chief financial officer of its Regulated Manufacturing Services and Integrated Technology Services segments, and is expected to become the overall Flex CFO after the spin-off of Axiom.",
    "planning": true,
    "image_url": "https://s.yimg.com/lo/mysterio/api/0a19375c57ad3d0c25d1eaa4577753084ed9c7ed7bf09b5349279dee6ac173f6/lightyear_networkapi/resizefill_w1200%3Bquality_80%3Bformat_webp/https%3A%2F%2Fmedia.zenfs.com%2Fen%2FBenzinga%2F650d2c3cf1650137c6b990e9c4305af5.jpg",
    "job_title": "chief financial officer of its Regulated Manufacturing Services and Integrated Technology Services segments",
    "confidence": 0.95,
    "published_at": "2026-09-15T15:55:14Z",
    "effective_date": "2026-10-05",
    "job_title_tags": [
      "directors",
      "finance"
    ],
    "article_sentence": "Separately, Flex said Amy B. Schwetz will join the company on Oct. 5 as chief financial officer of its Regulated Manufacturing Services and Integrated Technology Services segments."
  }
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