Flextronics Hires John Carlson As President For Its Flex Medical Solutions

Flextronics International Ltd. (NASDAQ: FLEX) disclosed that John Carlson was hired for its Flex Medical Solutions. He would join the company from Johnson & Johnson (NYSE: JNJ) where he worked for more than one and half decades in leadership roles in respect of medical device R&D. Most recently, he was the VP of Innovation Portfolio.Flextronics' said that Carlson would be responsible for assessment of an $8 billion R&D budget in the pharmaceutical, medical device and consumer health divisions of the company. At the same time, he would create processes to identity and invest in fresh growth areas.Flex's President of High Reliability Solutions, Paul Humphries, said that "We continue to steadily grow our medical device portfolio while expanding the sketch-to-scale model of our medical business."He said further that "John is the ideal candidate to lead this growing operation, with his extensive experience as a long term member of the J&J management team, and deep industry knowledge and expertise across all aspects of medical product development. We are very pleased to welcome John as president of the Medical Solutions group at Flex."On Friday, shares of the company traded up by 0.86%.