SANMINA CORPORATION (NASDAQ:SANM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k
-
0
SANMINA CORPORATION (NASDAQ:SANM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

SANMINA CORPORATION (NASDAQ:SANM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

On August31, 2018, Sanmina Corporation (the “Company”) announced that Robert K. Eulau, Chief Executive Officer and a member of the Company’s Board of Directors, has resigned from his positions with the Company. The Board of Directors has unanimously voted to appoint Michael Clarke as Chief Executive Officer, effective October1, 2018. Mr.Eulau’s resignation was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. The press release announcing these changes is filed herewith as Exhibit99.1 and is incorporated herein by reference.

Mr.Clarke, 63, has served as a director of the Company since December2013. From December2011 through July2016, Mr.Clarke was a member of the Board of Directors, President and Chief Executive Officer of Nortek,Inc., a leading global manufacturer of innovative, branded air management, security and technology products for home and work environments. From 2005 until joining Nortek, Mr.Clarke served as Group President of Integrated Network Solutions of Flex Ltd., a publicly traded provider of design and electronics manufacturing services to original equipment manufacturers.

ITEM 7.01 REGULATION FD DISCLOSURE

On August31, 2018, the Company issued a press release reaffirming its outlook for revenue and earnings per share for its fiscal fourth quarter ending September29, 2018. The press release is filed herewith as Exhibit99.1 and is incorporated herein by reference.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits.


SANMINA CORP Exhibit
EX-99.1 2 a18-24121_1ex99d1.htm EX-99.1 Exhibit 99.1     SANMINA ANNOUNCES THE DEPARTURE OF BOB EULAU AND APPOINTMENT OF NEW CEO   COMPANY REAFFIRMS FOURTH QUARTER OUTLOOK   San Jose,…
To view the full exhibit click here

About SANMINA CORPORATION (NASDAQ:SANM)

Sanmina Corporation is a provider of integrated manufacturing solutions, components, products and repair, logistics and after-market services. The Company provides its offerings primarily to original equipment manufacturers (OEMs) in various industries, including communications networks, storage, industrial, defense and aerospace, medical and energy. The Company operates through two businesses: Integrated Manufacturing Solutions (IMS) and Components, Products and Services (CPS). IMS consists of printed circuit board assembly and test, final system assembly and test, and direct-order-fulfillment. Its Components include interconnect systems and mechanical systems. Its Products include memory, radio frequency (RF), optical and microelectronics solutions, defense and aerospace products, storage solutions and cloud-based manufacturing execution software. Its Services include design, engineering, logistics and repair services.