SAN JOSE, Calif., Sept. 11, 2019 /PRNewswire/ -- Sanmina
Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading
integrated manufacturing solutions company, today announced the
Board of Directors has voted to appoint Hartmut Liebel as Chief Executive Officer,
effective September 30, 2019.
Mr. Liebel will succeed Michael
Clarke who will remain in an advisory capacity through a
transition period.
"Hartmut joined Sanmina in July and has quickly demonstrated his
leadership and breadth of business experience which are critical to
lead Sanmina. He is a proven business leader with a
distinguished track record successfully driving profitable growth
through a focus on customer service and satisfaction, innovation,
operational execution, people development, and delivering value to
shareholders," stated Jure Sola,
Executive Chairman.
"Since joining Sanmina I have had the pleasure to meet with many
of the different organizations and operations, and I am very
impressed with the leadership team, technology capabilities,
quality and operating systems. Sanmina has the most talented
people and group of leaders in our industry. Together, we will
capture the next wave of profitable growth for Sanmina by remaining
laser-focused on serving our customers through strong operational
execution, creating significant value for our shareholders through
strong free cash flow generation and providing the best career
experiences for our people," stated Hartmut
Liebel.
Prior to joining Sanmina in July as President and Chief
Operating Officer, Mr. Liebel served as President and Chief
Executive Officer of iQor. Mr. Liebel's portfolio of
technology and financial industry experience also includes over ten
years at Jabil Inc. in various leadership positions including Chief
Executive Officer of Aftermarket Services; Director, Business
Development at Artesyn Technologies; Assistant Treasurer at WR
Grace; and Vice President, Currency and Derivatives at Continental
Bank.
"On behalf of the Board, I thank Michael for stepping in as CEO
and appreciate the insight and support he has given the team over
the past year. Michael will assist us going forward in an advisory
capacity to ensure a smooth transition," stated Mr.
Sola.
"Sanmina is truly an exceptional company and it has been a
pleasure working with the Sanmina team over the past year. I am
confident that with Hartmut's extensive background in the EMS
industry coupled with Jure's continued involvement in the strategic
direction of the Company, Sanmina will continue to thrive," stated
Michael Clarke.
About Sanmina
Sanmina Corporation is a leading
integrated manufacturing solutions provider serving the fastest
growing segments of the global Electronics Manufacturing Services
(EMS) market. Recognized as a technology leader, Sanmina provides
end-to-end manufacturing solutions, delivering superior quality and
support to Original Equipment Manufacturers (OEMs) primarily in the
communications networks, cloud solutions, industrial, defense,
medical and automotive. Sanmina has facilities strategically
located in key regions throughout the world. More information about
the Company is available at www.sanmina.com.
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SOURCE Sanmina Corporation