In 2023, Revathi Advaithi earned $6.88M in total compensation at Flex Ltd., including $1.33M salary, $1.86M bonus and $3.22M in stock. Most recently sold 37,170 shares in Jun 2024. Currently holds stock worth $94.55M. Has donated $51.49M in stock to charitable causes. 6+ years at the helm of Flex Ltd..
Compensation History
Annual executive compensation data for Revathi Advaithi, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$6.88M
Salary
$1.33M
Bonus
$1.86M
Other
$479.25K
Salary
$1.33MBoard Justification
Flex's compensation philosophy emphasizes alignment of pay with performance, focusing on attracting and retaining top talent while ensuring that compensation is competitive and linked to the company's financial objectives.
Bonus
$1.86MBoard Justification
Based on performance metrics including adjusted operating profit, adjusted free cash flow, and revenue, with a cap of 200% of target. The actual payout was 85% of target due to performance thresholds not being met across all metrics.
Other Compensation
$479.25KBoard Justification
Includes contributions to the deferred compensation plan, long-term disability insurance premiums, and personal aircraft usage costs.
Restricted Stock
Board Justification
Vested shares from restricted stock units (RSUs) and performance stock units (PSUs) based on performance metrics achieved during the fiscal year.
Performance Metrics
Performance metrics for the CEO's compensation included adjusted operating profit, adjusted free cash flow, and revenue.
Revathi Advaithi
CEO of Flex Ltd.
Education
Bachelor of Arts in Biological Basis of Behavior and Medical Doctorate degrees from the University of Pennsylvania; Ph.D. in Physiology and Biophysics at the University of Louisville, Kentucky.
Field of Expertise
Healthcare & Life Sciences - Healthcare
Sector of Economy
Technology
CEO of Flex Ltd. for
6 years 9 months (Feb 2019 - Present)
Previous Experience
President and General Manager of Medical Solutions at 3M Company; held multiple roles including President of Critical and Chronic Care Solutions, and Senior Vice President of R&D and Regulatory Affairs, Chief Technology Officer (CTO) & Chief Medical Officer (CMO) of 3M Healthcare.
Other Flex Ltd. CEOs
Holdings
Track Revathi Advaithi's stock holdings and portfolio value over time.
Total Stock Sold
$52.29M
$5.63M
78,251 ETN shares
$46.66M
2,016,844 FLEX shares
What if they kept their stock?
If Revathi Advaithi didn't sell their stock, today they would have:
Extra ETN78,251 shares worth $26.42M and FLEX2,016,844 shares worth $125.87M.
This is 191.24% and $100.00M more than what they got when they sold the stock.
Charitable Transactions
825,000 shares
FLEX
Recent Charitable Transactions
825,000 shares
FLEX
Sep 10, 2024
Charity
Insider Trading
Revathi Advaithi's recent stock transactions, purchases, and sales filed with the SEC.
825,000 shares
FLEX
Sep 10, 2024
Charity
$1.16M
FLEX at $31.30/share
Jun 17, 2024
Sale
$4.20M
FLEX at $32.13/share
Jun 11, 2024
Sale
437,522 shares
FLEX
Jun 11, 2024
Received
$1.76M
FLEX at $32.20/share
Jun 11, 2024
Sale
$1.99M
FLEX at $32.53/share
Jun 4, 2024
Sale
$4.61M
FLEX at $28.65/share
May 8, 2024
Sale
337,416 shares
FLEX
May 8, 2024
Received
$6.55M
FLEX at $27.29/share
Jul 31, 2023
Sale
197,072 shares
FLEX
Jun 14, 2023
Received
Rivals
Compare Revathi Advaithi with competitor CEOs and industry peers.
Bertrand Loy
CEO of Entegris
2023 Compensation
Stock
$0.00
Salary
$1.00M
Bonus
$0.00
Other
$124.12K
Total Holdings
$152.97M
Terrence R. Curtin
CEO of TE Connectivity
2023 Compensation
Stock
$0.00
Salary
$1.30M
Bonus
$2.08M
Other
$368.57K
Total Holdings
$2.18M
Richard Adam Norwitt
CEO of Amphenol
2024 Compensation
Stock
$0.00
Salary
$1.51M
Bonus
$0.00
Other
$180.21K
Total Holdings
$57.88M
Mark T. Mondello
CEO of Jabil
2023 Compensation
Stock
$0.00
Salary
$1.26M
Bonus
$3.68M
Other
$355.11K
Total Holdings
$516.80M
Robert J. Pagano, Jr.
CEO of Watts Water Technologies, Inc.
2023 Compensation
Stock
$0.00
Salary
$1.10M
Bonus
$4.46M
Other
$0.00
Total Holdings
$159.45M