Sanmina Corp.: Jure Sola Reassumes Chairman & CEO Role - Quick Facts

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.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Cove Appliance Inc. is recalling about 42,000 units of built-in dishwashers citing fire risk, the U.S. Consumer Product Safety Commission said. The recall involves Cove Appliance 24-inch built-in residential dishwashers model numbers DW2450 and DW2450WS. The recalled dishwashers have serial numbers 20000100 through 20044445. Mallinckrodt plc announced Wednesday that the U.S. Food and Drug Administration or FDA has approved StrataGraft (allogeneic cultured keratinocytes and dermal fibroblasts in murine collagen - dsat) for the treatment of adult patients with thermal burns containing intact dermal elements for which surgical intervention is clinically indicated. Worldwide 5G mobile subscriptions are estimated to exceed 580 million by the end of 2021, according to the Ericsson Mobility Report. With subscriptions increasing at a rate of about a million per day, 5G remains on track to become the fastest adopted mobile generation in history. The growth in subscriptions is being lead by China, North America and the Gulf Cooperation Council markets.
Follow RTT