UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 25, 2014
FLEXTRONICS INTERNATIONAL LTD.
(Exact Name of Registrant as Specified in Its Charter)
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Singapore |
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0-23354 |
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Not Applicable |
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(State or other jurisdiction of |
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(Commission File Number) |
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(IRS Employer Identification No.) |
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2 Changi South Lane, Singapore |
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486123 |
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(Address of principal executive offices) |
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(Zip Code) |
Registrant’s telephone number, including area code: (65) 6876-9899
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 25, 2014, the Board of Directors of the Company approved increases to the annual base salaries for certain of the Company’s executive officers effective April 1, 2014. The annual base salaries are set forth below.
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Name |
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Salary effective April 1, 2014 |
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Christopher Collier |
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$ |
650,000 |
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Paul Humphries |
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$ |
675,000 |
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Francois Barbier |
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$ |
675,000 |
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Jonathan Hoak |
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$ |
525,000 |
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In addition, the executive officers participate in the Company’s annual bonus plan. For the fiscal year end March 31, 2015, the Board of Directors approved an increase to the annual bonus target for Mr. Collier of 110% of his base salary subject to achievement of quarterly and annual targets.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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FLEXTRONICS INTERNATIONAL LTD. | ||
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Date: |
March 27, 2014 |
By: |
/s/ Christopher Collier | |
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Name: |
Christopher Collier | |
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Title: |
Chief Financial Officer | |