Sanmina Corporation (NASDAQ: SANM) has recently welcomed Michael J. Loparco to its Board of Directors, effective March 10, 2025. Loparco brings over 25 years of experience in building and growing highly technical and global manufacturing businesses, having served as the CEO of Symbotic and in various senior leadership positions at Jabil Inc.
Sanmina Corporation, recognized as a Fortune 500 company, is a leading integrated manufacturing solutions provider serving the fastest growing segments of the global Electronics Manufacturing Services (EMS) market. The company delivers end-to-end manufacturing solutions to Original Equipment Manufacturers (OEMs) primarily in the industrial, medical, defense and aerospace, automotive, communications networks, and cloud infrastructure markets.
The appointment of Michael J. Loparco is expected to bring extensive leadership experience and a proven track record in global manufacturing, supply chain management, mergers and acquisitions, and enterprise IT to the company. Jure Sola, Chairman and Chief Executive Officer of Sanmina Corporation, stated that Loparco's perspective will be valuable as the company continues to position itself for future growth.
Sanmina Corporation's strategic move to bring in Loparco reflects its commitment to leveraging expertise in driving growth, innovation, digital transformation, and operational efficiencies. The company's emphasis on gaining a competitive edge in the global EMS market is evident in its efforts to strengthen its leadership team with individuals like Michael J. Loparco.
For more information about Sanmina Corporation, visit www.sanmina.com.
Sanmina Contact: Paige Melching, SVP, Investor Communications, 408-964-3610 As a result of these announcements, the company's shares have moved 3.1% on the market, and are now trading at a price of $75.63. If you want to know more, read the company's complete 8-K report here.