Flex appoints new CEO
Flex (San José, California), a sketch-to-scale solutions provider that designs and builds intelligent products globally, announced that Revathi Advaithi, 51, has been named CEO and appointed to the board of directors at Flex.
“This is a time of tremendous opportunity in manufacturing, as trends such as regionalisation, artificial intelligence, 5G and advanced manufacturing all combine to improve the way we live and work,” said Advaithi. “With locations in 30 countries and expertise in a dozen industry verticals, Flex has the necessary breadth and depth to help companies develop and launch innovative products at global scale and intelligently manage a shifting business landscape. I look forward to building upon Flex’s 50-year history and strength in manufacturing.”
“The board conducted an extensive and thorough search, considering both internal and external candidates,” said Michael Capellas, chairman of the board of directors for Flex. “Revathi's depth and breadth of capabilities from engineering to manufacturing to advanced supply chain management coupled with her exceptional leadership and proven track record make her the ideal choice to lead Flex. We are confident that she will lead Flex to realize its full potential."
Prior to Flex, Advaithi was president and chief operating officer for the electrical sector business for Eaton, a power management company with over US$20bn in sales, 102 000 employees and a market capitalisation in excess of $33bn. She also had corporate responsibility for the Europe, Middle East and Africa region. Advaithi managed the largest of Eaton’s businesses, consistently delivering high margins, while reducing earnings volatility. She secured more than $13bn in sales in 2018, with an array of electrical solutions built on the strengths of full-scale engineering and support services.
Advaithi began her career as a mechanical engineer in her native India, then moved to the US where she started her Eaton career on the factory floor as a plant supervisor in Shawnee, Oklahoma. Over the years, she expanded her engineering role to international markets, adding operational management and supply chain expertise.
Caption: Revathi Advaithi, new CEO at Flex (photo: Flex)