Paul  Lundstrom net worth and biography

Paul Lundstrom Biography and Net Worth

CFO of Flex

Paul Lundstrom is the chief financial officer at Flex, the manufacturing partner of choice that helps a diverse customer base design and build products to improve the world. Mr. Lundstrom oversees the finance function, spanning corporate accounting, financial planning and analysis, internal audit, investor relations, tax, and treasury. In this role, he is focused on shareholder value creation and driving the company’s long-term financial framework, which includes consistent revenue growth, earnings expansion, cash generation, and disciplined capital allocation.

Prior to joining Flex, Mr. Lundstrom was vice president and chief financial officer at rocket and missile propulsion manufacturer Aerojet Rocketdyne Holdings, a position he held since 2016. During his tenure at Aerojet Rocketdyne, the company benefited from strong shareholder value creation with growth in earnings, margins and cash flow.  Previously, Mr. Lundstrom was with United Technologies Corporation (now Raytheon Technologies Corporation), where he developed a strong track record of driving profitable growth in global markets. During his tenure with UTC, Mr. Lundstrom held several senior roles including vice president of investor relations; vice president and chief financial officer, Building & Industrial Systems – North Asia; vice president and chief financial officer, Climate, Control & Security – Asia; and vice president and chief financial officer, Carrier Building Systems and Services.

Mr. Lundstrom holds a Bachelor of Science in finance from Truman State University and an MBA from Columbia University. He is a registered Certified Public Accountant in the state of Illinois.

What is Paul Lundstrom's net worth?

The estimated net worth of Paul Lundstrom is at least $11.47 million as of September 18th, 2023. Mr. Lundstrom owns 431,350 shares of Flex stock worth more than $11,469,597 as of September 28th. This net worth evaluation does not reflect any other assets that Mr. Lundstrom may own. Additionally, Mr. Lundstrom receives a salary of $2,000,000.00 as CFO at Flex. Learn More about Paul Lundstrom's net worth.

How old is Paul Lundstrom?

Mr. Lundstrom is currently 48 years old. There are 5 older executives and no younger executives at Flex. The oldest executive at Flex is Mr. Scott Offer, Exec. VP & Gen. Counsel, who is 58 years old. Learn More on Paul Lundstrom's age.

What is Paul Lundstrom's salary?

As the CFO of Flex Ltd., Mr. Lundstrom earns $2,000,000.00 per year. There are 2 executives that earn more than Mr. Lundstrom. The highest earning executive at Flex is Ms. Revathi Advaithi, CEO & Director, who commands a salary of $4,550,000.00 per year. Learn More on Paul Lundstrom's salary.

How do I contact Paul Lundstrom?

The corporate mailing address for Mr. Lundstrom and other Flex executives is 2 CHANGI SOUTH LANE, SINGAPORE U0, 486123. Flex can also be reached via phone at (656) 890-7188 and via email at [email protected]. Learn More on Paul Lundstrom's contact information.

Has Paul Lundstrom been buying or selling shares of Flex?

During the last quarter, Paul Lundstrom has sold $1,376,457.24 in Flex stock. Most recently, Paul Lundstrom sold 53,517 shares of the business's stock in a transaction on Monday, September 18th. The shares were sold at an average price of $25.72, for a transaction totalling $1,376,457.24. Following the completion of the sale, the chief financial officer now directly owns 431,350 shares of the company's stock, valued at $11,094,322. Learn More on Paul Lundstrom's trading history.

Who are Flex's active insiders?

Flex's insider roster includes Revathi Advaithi (CEO), Francois Barbier (Insider), David Bennett (CAO), Christopher Collier (CFO), Michael Hartung (Insider), Paul Humphries (Insider), Paul Lundstrom (CFO), Erin McSweeney (Director), David Offer (EVP), Rebecca Sidelinger (Insider), Charles Stevens, III (Director), Kwang Tan (Insider), and Daniel Wendler (CAO). Learn More on Flex's active insiders.

Are insiders buying or selling shares of Flex?

During the last year, insiders at the technology company sold shares 35 times. They sold a total of 940,397 shares worth more than $24,376,806.14. The most recent insider tranaction occured on September, 18th when CFO Paul Lundstrom sold 53,517 shares worth more than $1,376,457.24. Insiders at Flex own 0.6% of the company. Learn More about insider trades at Flex.

Information on this page was last updated on 9/18/2023.

Paul Lundstrom Insider Trading History at Flex

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
9/18/2023Sell53,517$25.72$1,376,457.24431,350View SEC Filing Icon  
6/12/2023Sell10,387$26.59$276,190.33438,415View SEC Filing Icon  
6/9/2023Sell45,740$26.33$1,204,334.20448,802View SEC Filing Icon  
6/7/2023Sell45,445$26.51$1,204,746.95540,094View SEC Filing Icon  
6/2/2023Sell12,503$26.07$325,953.21314,295View SEC Filing Icon  
9/16/2022Sell56,868$17.64$1,003,151.52326,798View SEC Filing Icon  
6/10/2022Sell10,932$16.33$178,519.56383,666View SEC Filing Icon  
9/16/2021Sell55,672$18.99$1,057,211.28View SEC Filing Icon  
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Paul Lundstrom Buying and Selling Activity at Flex

This chart shows Paul Lundstrom's buying and selling at Flex by year and by quarter.

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Flex Company Overview

Flex logo
Flex Ltd. provides technology, supply chain, and manufacturing solutions in Asia, the Americas, and Europe. It operates through three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The FAS segment offers flexible supply and manufacturing system comprising communications, enterprise and cloud solution, which includes data, edge, and communications infrastructure; lifestyle solution including appliances, consumer packaging, floorcare, micro mobility, and audio; and consumer devices, such as mobile and high velocity consumer devices. Its FRS segment provides complex ramps with specialized production models and critical environments, which comprise automotive including next generation mobility, autonomous, connectivity, electrification, and smart technologies; health solutions, such as medical devices, medical equipment, and drug delivery; and industrial solutions including capital equipment, industrial devices, and renewables and grid edge. The Nextracker segment offers solar tracker and software solutions, which are used in utility-scale and ground-mounted distributed generation solar projects. In addition, it provides a broad array of services including design and engineering, component services, rapid prototyping, fulfillment, and circular economy solutions. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was founded in 1969 and is headquartered in Singapore.
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Today's Range

Now: $26.59
Low: $25.28
High: $26.65

50 Day Range

MA: $26.63
Low: $25.15
High: $28.42

2 Week Range

Now: $26.59
Low: $16.11
High: $28.90

Volume

3,704,055 shs

Average Volume

4,190,069 shs

Market Capitalization

$11.79 billion

P/E Ratio

15.46

Dividend Yield

N/A

Beta

1.45