Sanmina CEO Leaves After 11 Months; Co-Founder to Reassume Role

Sanmina CEO Leaves After 11 Months; Co-Founder to Reassume Role
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Sanmina Corp. today announced CEO Hartmut Liebel is leaving the company, effective immediately. Jure Sola, the company’s co-founder and Executive Chairman, has been appointed to reassume the Chairman and CEO position and lead Sanmina through its next strategic phase.

“On behalf of the independent members of the Board of Directors, I am pleased to have Jure reassume the Chairman and CEO role,” said Jackie Ward, Lead Independent Director. “With the ongoing pandemic and uncertainty in the macroeconomic environment, we are confident that Jure’s four decades of experience will be instrumental in the company’s ongoing success.

“We thank Hartmut for his leadership and support during his time at Sanmina and wish him well in his future endeavors.”

Liebel was named CEO of the San Jose-based company last September. Sanmina has a plant in south Huntsville.

“I have tremendous pride in this company and passion for making Sanmina even stronger in the midst of these unprecedented times,” said Sola. “We have a well-established and experienced leadership team and a solid foundation to drive long-term sustainable growth.

“Our ability to unlock untapped potential as we execute on our strategy coupled with our strong balance sheet will propel this exciting and innovative company into the next phase of its evolution, while providing long-term value to our shareholders, employee and customers.”

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