Faust brings extensive finance experience from HP

  • Jon Faust appointed as CFO of Sanmina
  • Effective Dec. 18
  • Kurt Adzema to remain in advisory role until Jan. 5
  • Faust previously served as global controller and head of finance transformation at HP

Sanmina, a manufacturing solutions company based in San Jose, California, has announced the appointment of Jon Faust as its new executive vice president and chief financial officer. Faust will assume the role on December 18, succeeding Kurt Adzema, who will continue to provide advisory support until January 5. Prior to joining Sanmina, Faust held the position of global controller and head of finance transformation at HP. His extensive experience in finance makes him a valuable addition to the Sanmina team.

Public Companies: Sanmina (), HP ()
Private Companies:
Key People: Jon Faust (Executive Vice President and Chief Financial Officer), Kurt Adzema (Executive Vice President and Chief Financial Officer)

Factuality Level: 8
Justification: The article provides factual information about the appointment of Jon Faust as the new executive vice president and chief financial officer of Sanmina. It also mentions the previous CFO, Kurt Adzema, and his transition to an advisory role. The article includes details about Faust’s previous role at HP. Overall, the information provided seems accurate and objective.

Noise Level: 3
Justification: The article provides straightforward information about the appointment of Jon Faust as the new CFO of Sanmina. It includes relevant details such as the effective date and the previous position held by Faust. However, it lacks any analysis, evidence, or insights beyond the basic facts.

Financial Relevance: Yes
Financial Markets Impacted: Sanmina

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: This news article pertains to the appointment of a new executive vice president and chief financial officer at Sanmina, a manufacturing solutions company. It does not describe any extreme events or their impacts.

Reported publicly: www.marketwatch.com