Shares of Flextronics International Ltd. (NASDAQ:FLEX) ended Friday session in red amid volatile trading. The shares closed down -0.05 points or -0.37% at $13.57 with 5,527,692 shares getting traded. Post opening the session at $13.60, the shares hit an intraday low of $13.54 and an intraday high of $13.67 and the price vacillated in this range throughout the day. The company has a market cap of $7.39 billion and the numbers of outstanding shares have been calculated to be 546.16 million shares.
Flextronics International Ltd. (FLEX) on Sept. 12, 2016 announced that Scott Offer has been appointed General Counsel.
Offer is a highly accomplished legal executive who has been instrumental in major recent transformations of global tech companies and the mobile industry.
Most recently, Offer served as Senior Vice President and General Counsel at Lenovo, and was responsible for the company’s overall legal strategy, leading a team of legal professionals across 15 countries, negotiating all strategic deals, managing the global intellectual property and litigation portfolios, and maintaining legal compliance.
Prior to Lenovo, he served as Senior Vice President and Chief Counsel for Motorola Mobility, a Google company, and before that, Motorola, where he spearheaded numerous strategic global initiatives, including taking Motorola Mobility public in 2011. Offer is well-known for leading legal efforts around mergers and acquisitions – including the acquisitions of Motorola Mobility by Google and Lenovo – and driving strategy around a wide range of intellectual property and regulatory issues worldwide. Prior to joining Motorola, he worked for law firm Boodle Hatfield and Royal Dutch Shell plc.
Mike McNamara, Flex CEO, said, “We are thrilled to welcome a general counsel of Scott’s caliber and reputation to our executive team as we continue to elevate the Company and solidify our position as the Sketch-to-Scale solutions provider in the Age of Intelligence.”
Offer received his law degree from the London School of Economics and Political Science and is qualified as a lawyer in both the United Kingdom and the United States.
Shares of Marvell Technology Group Ltd. (NASDAQ:MRVL) ended Friday session in green amid volatile trading. The shares closed up +0.05 points or 0.39% at $13.01 with 5,331,995 shares getting traded. Post opening the session at $12.91, the shares hit an intraday low of $12.73 and an intraday high of $13.12 and the price vacillated in this range throughout the day. The company has a market cap of $6.68 billion and the numbers of outstanding shares have been calculated to be 511.70 million shares.
Marvell Technology Group Ltd. (MRVL) on Sept. 14, 2016 announced that the Board of Directors has approved a quarterly dividend payment of $0.06 per share to all shareholders of record as of September 28, 2016. Marvell intends to pay the dividend on October 19, 2016.