Market Overview

Flextronics Appoints Lawrence Zimmerman to its Board


Flextronics (NASDAQ: FLEX) announced today that Lawrence A. Zimmerman, has been appointed to (i) the Company's Board of Directors, (ii) the Nominating and Corporate Governance Committee and (iii) the Audit Committee as its Chairman.

Mr. Zimmerman has extensive experience in corporate finance and accounting, having previously served as vice chairman and chief financial officer from 2009 to 2011 and as executive vice president and chief financial officer from 2002 to 2009, at Xerox Corporation. Prior to that, he spent 32 years with IBM, holding various senior finance positions, including corporate controller. Mr. Zimmerman currently serves as a director of CSC, Brunswick Corporation and Delphi Automotive.

"Larry Zimmerman is a prominent leader who has significant business experience and a solid record of achievement," said Mike McNamara, chief executive officer of Flextronics. "We are honored to welcome Larry to our Board and look forward to him bringing his sharp business acumen and industry insight into the Flextronics Boardroom."

Flextronics also announced that Mr. Robert Edwards will resign from the Board as of October 31, 2012. McNamara continued, "It has been an honor having Robert on our Board and we would like to thank him for his exceptional contributions to the Company. On behalf of Flextronics and the Board, we wish him well and continued success in all future endeavors."

Posted-In: News Management


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