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Flextronics Chief Cashes In
By Rich Duprey (TMF Cop)
December 27, 2005

There's long been a disconnect between a CEO's pay and the performance of that CEO's company. When a manager does well and shareholders prosper because of it, compensating him or her appropriately is not out of line. But it shouldn't be too much for shareholders to expect that a front-office position doesn't simply become a means for enriching the person who happens to hold it.

Consider, then, the case of Flextronics International (Nasdaq: FLEX), a contract manufacturer of semiconductors.....
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