- Current report filing (8-K)
December 04 2009 - 4:17PM
Edgar (US Regulatory)
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
December 1,
2009
Date of Report (Date of
earliest event reported)
SANMINA-SCI
CORPORATION
(Exact name of registrant
as specified in its charter)
Delaware
|
|
000-21272
|
|
77-0228183
|
(State or other jurisdiction of
incorporation)
|
|
(Commission File Number)
|
|
(I.R.S. Employer Identification
No.)
|
2700
North First Street
San
Jose, California 95134
(Address of principal
executive offices)
(408)
964-3500
(Registrants telephone
number, including area code)
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 (see General Instruction A.2. below):
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 December 1, 2009, the Compensation Committee
of the Board of Directors of Sanmina-SCI Corporation (the Company) approved the
following discretionary bonuses for the three most highly compensated executive
officers of the Company, other than the Chief Executive Officer and the Chief
Financial Officer, who did not receive a bonus:
Name and Title
|
|
Amount of Bonus
|
|
Hari Pillai, President and Chief Operating Officer
|
|
$
|
200,000
|
|
Michael R. Tyler, Executive Vice President,
General Counsel and Corporate Secretary
|
|
$
|
130,000
|
|
Dennis Young, Executive Vice President Worldwide
Sales and Marketing
|
|
$
|
120,000
|
|
Also on December 1, 2009, the Compensation
Committee approved an increase in the annual base salary of Mr. Pillai from
$430,000 to $535,033 in order to reflect the expanded responsibilities that
were already assigned to Mr. Pillai upon his promotion to Chief Operating
Officer in October 2008. No adjustments were made to the base salaries of the
other executive officers of the Company.
2
SIGNATURE
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.
Date: December 4, 2009
|
SANMINA-SCI CORPORATION
|
|
|
|
|
|
By:
|
/s/ Michael R. Tyler
|
|
|
Michael R. Tyler
|
|
|
Executive Vice President, General Counsel and Corporate Secretary
|
3
Sanmina (NASDAQ:SANM)
Historical Stock Chart
From May 2024 to Jun 2024
Sanmina (NASDAQ:SANM)
Historical Stock Chart
From Jun 2023 to Jun 2024