SAN JOSE, Calif., Oct. 14, 2019 /PRNewswire/ -- Sanmina Corporation
("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated
manufacturing solutions company, today announced Kurt Adzema has joined the Company as Executive
Vice President and Chief Financial Officer. Mr. Adzema succeeds
David Anderson, who previously
announced in January 2019 his plan to
retire. Mr. Anderson will help facilitate a smooth transition and
will remain as an advisor to Sanmina's Executive Chairman through
March 27, 2020.
Mr. Adzema brings over 20 years of experience in financial
leadership roles with an extensive background in corporate
development, strategic planning, financial analysis, investment
banking and investor relations. Most recently, he served as Chief
Financial Officer of publicly traded Finisar, a leading supplier
and vertically integrated manufacturer of optical communications
products. Prior to Finisar, he held various positions at SVB
Alliant, Montgomery Securities/Banc of America Securities, and
Smith Barney. Mr. Adzema holds a BA in Mathematics from the
University of Michigan and an MBA from
the Wharton School at the University of
Pennsylvania.
"I look forward to working with Kurt. His extensive financial
experience and strong leadership skills make him a great addition
to our team. He will be a tremendous asset in the execution of our
long-term strategy and disciplined approach to profitable growth,
operational efficiencies, cash generation and capital allocation. I
thank David for his support during my transition into Sanmina,"
said Hartmut Liebel, Chief Executive
Officer.
"The Board of Directors and I are confident of a smooth
transition and are excited to have Kurt lead our financial
initiatives into the future. We thank David for his continued
support and significant contributions during the course of his 17
year career at Sanmina," said Jure
Sola, Executive Chairman.
"I am impressed by Sanmina's breadth and depth of technology
experience as well as its focus on sustainable profitable growth
and commitment to drive shareholder value," said Mr. Adzema. "I
look forward to working with the entire Sanmina team as we execute
on our strategy of delivering consistent and predictable
operational and financial results."
About Sanmina
Sanmina Corporation a Fortune 500
company, 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.
Logo -
https://mma.prnewswire.com/media/10544/SANMINA_CORPORATION_LOGO.jpg
View original
content:http://www.prnewswire.com/news-releases/kurt-adzema-joins-sanmina-as-chief-financial-officer-300938095.html
SOURCE Sanmina Corporation