SINGAPORE -- Flextronics, an Electronics Manufacturing Services (EMS) provider, announced Thomas J. Smach is resigning as chief financial officer to pursue other interests outside the company effective June 30, 2008.
Paul Read, who most recently served as executive vice president of finance for Flextronics worldwide operations will be appointed to chief financial officer upon Mr. Smach's departure.
Mike McNamara, chief executive officer of Flextronics, stated, "Paul is a highly respected member of our senior leadership team and has worked directly for me as a trusted advisor for most of his thirteen year career at Flextronics. He has worked closely with Tom for many years and based on his in-depth understanding of Flextronics and outstanding record of financial and operations management, Paul is the natural successor to the role of CFO of Flextronics."
McNamara concluded, "Tom is a world-class CFO and I would like to personally thank him for the significant contributions he has made while relentlessly serving Flextronics over the last eight years. Flextronics has grown tremendously during his time here and his leadership and guidance have been instrumental to that growth. He has provided endless financial, operational, and strategic leadership to the Company throughout his tenure and we wish him all the best in his future endeavors."
