Sanmina Corp. (SANM) announced its CEO, Hartmut Liebel, is leaving the company, effective immediately. Jure Sola, co-founder and Executive Chairman, has been appointed to reassume the Chairman and CEO position.
Sanmina Corp. also announced that it plans to organize into three segments - Integrated Manufacturing Solutions, SCI and Components Technology.
The company noted that it is not providing an update to its stated outlook for the fourth quarter ending October 3, 2020 provided on July 29, 2020.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.