Sundar PichaiSundar Pichai earned $164M in 2023
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Michael M. McNamara

Ex-CEO of Flex Ltd.

Field of Expertise

Business & Management

Born

January 1, 1958 - 67 years ago

Economy Sector

Technology

Tenure

12 years 11 months (Jan 2006 - Dec 2018)

Previous Experience

Chief Operating Officer of the Company since January 2002; President, Americas Operations from April 1997 to December 2001; Vice President, North American Operations from April 1994 to April 1997.

Michael M. McNamara served as the CEO of Flex Ltd. from January 2006 to December 2018, having a strong background in operations. He was previously the company's Chief Operating Officer and had worked in various leadership roles since 1994. McNamara...

Year

2018

Total Compensation

$15.30M

Salary

$1.25M

Board Justification

The compensation philosophy is to pay for performance, aligning executive compensation with the achievement of meaningful company objectives and shareholder value creation.

Bonus

$0.00

Board Justification

No bonus was awarded for fiscal year 2019 due to retirement on December 31, 2018.

Other

$1.29M

Board Justification

Includes severance payment and other benefits upon retirement.

Restricted Stock

$12.76M(1.02M RSU)

Board Justification

Vested restricted share units during fiscal year 2019.

Performance Metrics

Performance metrics included revenue growth, adjusted operating profit, return on invested capital, and adjusted earnings per share.