Ex-CEO at Seagate joining Flextronics board
William Watkins, the former chief executive of Seagate Technology who departed in a January management shake-up by the disk drive manufacturer, was named Tuesday to the board of directors at Flextronics, the Singapore supplier of electronics contract manufacturing services with U.S. operations based in San Jose.
Watkins will be paid $60,000 for his service on the board and another $60,000 a year for his service on the board’s audit committee. He’ll also received an option grant good on 25,000 when he joined the board, along with a yearly grant of options on 12,500 more shares and an annual stock bonus award worth $100,000.
His naming came the same day Flextronics reported the retirement from the board of Rockwell Schnabel, former ambassador to the European Union.
