Lay Tan Biography and Net Worth

Director of Flex

Mr. Tan has served as a member of our Board of Directors since March 2012. He previously served as the President and Chief Executive Officer and a member of the Board of Directors of STATS ChipPAC Ltd., a leading service provider of semiconductor packaging design, assembly, test and distribution solutions, from August 2004 to November 2015 and of its predecessor, ST Assembly Test Services Ltd., since June 2002. Mr. Tan joined ST Assembly Test Services Ltd. in May 2000 as its Chief Financial Officer, and in August 2004, he led the formation of STATS ChipPAC Ltd. with the acquisition of ChipPAC, Inc., becoming the combined company’s founding President and Chief Executive Officer. Prior to joining ST Assembly Test Services Ltd., Mr. Tan was an investment banker with Salomon Smith Barney, the global investment banking unit of Citigroup Inc. Before that, he held various senior positions in government and financial institutions in Singapore. Mr. Tan graduated with a Bachelor of Engineering (First Class Honors) from the University of Adelaide, Australia as a Colombo Plan Scholar. He also has a Master of Business Administration (Distinction) from the University of Pennsylvania’s Wharton School of Business, where he was elected a Palmer scholar.

What is Lay Koon Tan's net worth?: The estimated net worth of Lay Koon Tan is at least $7.59 million as of February 10th, 2025. Mr. Tan owns 202,850 shares of Flex stock worth more than $7,590,647 as of March 25th. This net worth approximation does not reflect any other assets that Mr. Tan may own. Learn More about Lay Koon Tan's net worth.
How do I contact Lay Koon Tan?: The corporate mailing address for Mr. Tan 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 david.rubin@flex.com. Learn More on Lay Koon Tan's contact information.
Has Lay Koon Tan been buying or selling shares of Flex?: In the last ninety days, Lay Koon Tan has sold $2,162,500.00 in shares of Flex stock. Most recently, Lay Koon Tan sold 50,000 shares of the business's stock in a transaction on Monday, February 10th. The shares were sold at an average price of $43.25, for a transaction totalling $2,162,500.00. Following the completion of the sale, the director now directly owns 202,850 shares of the company's stock, valued at $8,773,262.50. Learn More on Lay Koon Tan'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), Lay Tan (Director), 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 28 times. They sold a total of 968,562 shares worth more than $31,852,535.82. The most recent insider tranaction occured on February, 10th when Director Lay Koon Tan sold 50,000 shares worth more than $2,162,500.00. Insiders at Flex own 0.8% of the company. Learn More about insider trades at Flex.
Information on this page was last updated on 2/10/2025.

Lay Koon Tan Insider Trading History at Flex

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
2/10/2025	Sell	50,000	$43.25	$2,162,500.00	202,850
7/18/2018	Sell	355	$15.06	$5,346.30	128,695
4/20/2018	Sell	264	$17.30	$4,567.20
8/15/2017	Sell	2,728	$15.93	$43,457.04	114,394
1/18/2017	Sell	293	$14.69	$4,304.17
10/18/2016	Sell	311	$13.85	$4,307.35	115,741
8/24/2016	Sell	3,292	$12.79	$42,104.68	117,494
7/18/2016	Sell	333	$12.93	$4,305.69	103,939
4/18/2016	Sell	352	$12.25	$4,312.00	102,336
1/20/2016	Sell	477	$9.03	$4,307.31	96,056
8/20/2015	Sell	2,798	$10.80	$30,218.40	92,059
4/16/2015	Sell	4,782	$9.07	$43,372.74
8/28/2014	Sell	3,634	$10.82	$39,319.88

Lay Koon Tan Buying and Selling Activity at Flex

Flex Company Overview

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.

Today's Range

Now: $36.79

$36.49

$37.35

50 Day Range

MA: $39.64

$32.92

$44.46

2 Week Range

Now: $36.79

$25.27

$45.10

Volume

695,971 shs

Average Volume

3,663,317 shs

Market Capitalization

$14.09 billion

P/E Ratio

14.83

Dividend Yield

N/A

Beta

1.07