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Flex Announces Expected Flex CFO and Board Composition for Flex and Axiom Following Separation

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Amy B. Schwetz will join Flex as CFO of its RMS and ITS segments and is expected to serve as Flex CFO following the separationPost-separation board composition announced, including four new directors: George R. Oliver and Brian Yoor to Flex, and Mark Eubanks and David Johnson to Axiom

AUSTIN, Texas, Sept. 15, 2026 /PRNewswire/ — Flex (Nasdaq: FLEX) today announced that Amy B. Schwetz will join the company as Chief Financial Officer (CFO) of its Regulated Manufacturing Services (RMS) and Integrated Technology Services (ITS) segments on October 5, 2026, and is expected to serve as Flex CFO following completion of the planned separation of its Cloud and Power Infrastructure segment. Flex also announced the expected post-separation composition of the Boards of Directors of Flex and Axiom Solutions International, Inc. (Axiom), including four new director appointments. As announced separately today, Axiom will be the name of the future independent company.

Schwetz brings more than 25 years of finance and accounting experience. She most recently served as CFO of Flowserve and previously served as CFO of Peabody Energy, where she held finance roles of increasing responsibility over 14 years. She began her career at Ernst & Young and brings extensive public company financial leadership and industrial experience to Flex.

The Flex Board will bring extensive global manufacturing, technology, financial and public company leadership experience to support the company’s next chapter. The Axiom Board will combine deep electrical industry, technology, global operating and financial expertise to support Axiom’s growth as an independent company.

Expected Flex Board Following the Separation

Revathi Advaithi, CEO of Flex; expected CEO of Axiom (Chair)Michael Hartung, CCO of Flex; expected CEO of FlexJohn D. Harris II, former CEO of Raytheon International, Inc.Erin L. McSweeney, Chief People Officer of UnitedHealth GroupLay Koon Tan, former CEO of STATS ChipPACPatrick J. Ward, former CFO of CumminsGeorge R. Oliver, former Chair and CEO of Johnson ControlsBrian Yoor, former CFO of Abbott Laboratories

Prior to the separation, Flex plans to appoint a Lead Independent Director of the Flex Board, effective upon the separation.

Expected Axiom Board Following the Separation

William D. Watkins, former CEO of Seagate Technology (Chair)Revathi Advaithi, CEO of Flex (expected CEO of Axiom)Michael E. Hurlston, CEO of LumentumCharles K. Stevens III, former CFO of General MotorsMaryrose Sylvester, former U.S. Managing Director and U.S. Head of Electrification of ABBMark Eubanks, CEO of Brink’sDavid Johnson, CFO of Corteva, Inc.

New Director Appointees

George R. Oliver and Mark Eubanks will join the Flex Board, effective September 24, 2026. Following completion of the separation, Oliver will continue serving on the Flex Board and Eubanks will transition to the Axiom Board. Brian Yoor and David Johnson are expected to join the Flex and Axiom boards, respectively, upon completion of the separation.

Flex New Director Appointees Bios

George R. Oliver previously served as chair and CEO of Johnson Controls and as CEO of Tyco International. He brings decades of global industrial leadership and deep manufacturing, operational and strategic expertise. He currently serves on the boards of RTX Corporation and NVR, Inc.

Brian Yoor is the former CFO of Abbott Laboratories, where he led global finance, capital allocation, investor relations and enterprise financial strategy. During his more than 20-year career at Abbott, he held senior finance leadership roles across the company’s diagnostics, nutrition and pharmaceutical businesses. He brings extensive experience in financial leadership, capital markets, investor engagement and audit oversight.

Axiom New Director Appointees Bios

Mark Eubanks is CEO and a director of Brink’s. He previously held leadership roles at Otis and served as group president of Eaton’s Electrical Products business, where he oversaw approximately $6 billion in annual revenue. He brings deep electrical industry knowledge and extensive global operating experience.

David Johnson is CFO of Corteva, Inc. He previously served as CFO and chief accounting officer of Atkore and spent 29 years at Eaton, most recently as vice president of finance and operations for its Electrical Sector business. He brings more than three decades of experience in financial leadership, operational discipline and the electrical products industry.

The planned separation is expected to be completed in the first quarter of calendar 2027, subject to customary conditions, including among other things, final approval by the Flex Board of Directors, the effectiveness of the Form 10 registration statement (Form 10) filed with the U.S. Securities and Exchange Commission (SEC) and Flex shareholder and Singapore High Court approval. Upon completion, Flex and Axiom are expected to operate as independent publicly traded companies.

About Flex

Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps leading brands design, build, and manage products that improve the world. With a global footprint spanning 30 countries, Flex delivers advanced manufacturing and supply chain solutions, innovative products and technology, and lifecycle services that support customers from concept to scale. In the AI era, Flex is helping customers accelerate data center deployment by solving power, heat, and scale challenges through cutting-edge power and cooling technology and scalable IT infrastructure solutions. For information about Flex’s intent to spin off its Cloud and Power Infrastructure portfolio, visit: https://flex.com/transaction-resources.

Contacts

Flex Investors & Analysts
Michelle Simmons
Senior Vice President, Global Investor Relations and Public Relations
(669) 242-6332
Michelle.Simmons@flex.com

Flex Media & Press
press@flex.com 

Cautionary Statement Regarding Forward-Looking Statements

This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as “anticipate,” “believe,” “expect,” “intend,” “may,” “plan,” “project,” “will,” and similar expressions identify forward-looking statements. These forward-looking statements include, without limitation, statements regarding the planned Spin-Off of our cloud and power infrastructure business into an independent, publicly traded company; the expected timing of the Spin-Off and the ability to complete the Spin-Off; the anticipated benefits of the Spin-Off, including enhanced strategic focus, financial flexibility, and value creation for shareholders; the expected tax-free treatment of the Spin-Off for U.S. federal income tax purposes; the expected future performance of each company following completion of the Spin-Off; management changes and leadership of each company; and statements about business strategies, growth opportunities, market position, and financial outlook for each company. These forward-looking statements are based on current expectations, estimates, and assumptions involving risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated by these forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements.

Risks and uncertainties related to the proposed Spin-Off include, but are not limited to: uncertainties as to whether the Spin-Off will be completed and the timing thereof; the possibility that various conditions to the completion of the Spin-Off may not be satisfied or waived; the possibility that the Spin-Off will not qualify for the expected tax-free treatment for U.S. federal income tax purposes; the risk that the Spin-Off may be more difficult, time-consuming, or costly than expected, including the impact on Flex’s resources, systems, procedures, and controls; the possibility that the strategic, operational, and financial benefits of the Spin-Off may not be achieved or may take longer to achieve than expected; the failure to obtain, or delays in obtaining, required legal, regulatory or other approvals necessary to complete the Spin-Off; disruption from the Spin-Off, including potential adverse effects on relationships with customers, suppliers, employees, and other business partners; competitive responses to the announcement or completion of the Spin-Off; diversion of management’s attention from ongoing business operations; the possibility of disputes, litigation, or unanticipated costs in connection with the Spin-Off; uncertainty regarding the financial performance of either company following the Spin-Off; negative effects of the announcement or pendency of the Spin-Off on the market price of Flex’s securities and/or on Flex’s financial performance; the ability to achieve anticipated capital structures, credit ratings, and financing in connection with the Spin-Off; the ability to retain key personnel; impacts of geopolitical conflicts; and any changes in general economic and/or industry-specific conditions. Additional information concerning risks relating to our business is described under “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our most recent Annual Report on Form 10-K and in our subsequent filings with the SEC. All forward-looking statements are made as of the date hereof, and Flex assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law.

Important Information and Where to Find It

In connection with the proposed Spin-Off, Flex intends to file relevant materials with the SEC, including, among other filings, a proxy statement on Schedule 14A that will be mailed or otherwise disseminated to shareholders of Flex seeking their approval of the Spin-Off proposal. In addition, a registration statement on Form 10 has been filed with the SEC by Axiom with respect to its common stock. This communication is not a substitute for the proxy statement and Form 10 or any other document that may be filed with the SEC by Flex or Axiom. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT, THE FORM 10 AND ANY OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL BE FILED BY EACH OF FLEX AND AXIOM WITH THE SEC IN CONNECTION WITH THE PROPOSED SPIN-OFF (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT FLEX, AXIOM, THE PROPOSED SPIN-OFF AND RELATED MATTERS. Investors will be able to obtain free copies of the proxy statement and Form 10 and other relevant documents (when they become available) that will be filed by each of Flex and Axiom with the SEC on the SEC’s website at http://www.sec.gov. Investors also will be able to obtain free copies of the proxy statement and other relevant documents that will be filed by Flex with the SEC from the investor relations page on Flex’s website at investors.flex.com.

Participants in the Solicitation

Flex and certain of its directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of Flex in connection with the proposed Spin-Off. Information regarding Flex’s directors and executive officers and their ownership of Flex ordinary shares is contained in Flex’s proxy statement for its 2026 annual general meeting of shareholders, which was filed with the SEC on June 24, 2026, including under the headings “Corporate Governance,” “Fiscal Year 2026 Non-Employee Directors’ Compensation,” “Proposal No. 1: Re-election of Directors,” “Proposal No. 3: Non-Binding, Advisory Resolution on Executive Compensation,” “Compensation Discussion and Analysis,” “Executive Compensation,” “Information about our Executive Officers” and “Security Ownership of Certain Beneficial Owners and Management.” To the extent the holdings of the Flex securities by the Flex directors and executive officers have changed since the amounts set forth in the proxy statement for its 2026 annual general meeting of shareholders, such changes have been or will be reflected on Initial Statements of Beneficial Ownership on Form 3 or Statements of Beneficial Ownership on Form 4 filed with the SEC. More detailed information regarding the identity of potential participants, and their direct or indirect interests, by securities, holdings or otherwise, will be set forth in the proxy statement and other materials when they are filed with the SEC in connection with the proposed Spin-Off. You may obtain free copies of these documents using the sources indicated above.

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SOURCE Flex

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Arcjet Launches Agent Runtime Security for Production AI Agents

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September 17, 2026

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New product helps teams discover agent activity, apply controls before and after consequential actions, and preserve evidence for security reviews and compliance

SAN FRANCISCO, Sept. 17, 2026 /PRNewswire/ — Arcjet, the security platform that ships in your AI code, today launched agent runtime security, a new product that helps engineering teams secure the AI agents they are building while giving security teams the governance and compliance evidence they need. Arcjet brings observability, enforcement, and audit capabilities across agent workflows so teams can discover which agents are running, control what they can do, and understand what happened and why.

AI agents are moving beyond chat interfaces and into production workflows, where they can read and write to databases, respond to support tickets, refund payments, call tools and APIs, and take other actions on behalf of users. Those workflows can start from a chat interface, an email, a text message, a code commit, or another event, and can continue autonomously across multiple systems.

As agents take on longer-running workflows, security teams need to answer three questions across the full sequence of activity, which agents are running, whether a particular action should be allowed, and what happened and why.

Arcjet’s agent runtime security addresses those questions through observe, enforce, and audit capabilities. Teams can discover agent activity and connect actions across sessions, apply deterministic security policies before and after calls to LLMs, tools, databases, and APIs, and preserve the execution context needed for security reviews and compliance.

“Agents are now taking real actions inside production systems, which means security teams need to know which agents are operating and what they have done, and apply controls at machine speed,” said David Mytton, CEO at Arcjet. “A risky outcome can develop across a series of steps that look perfectly reasonable on their own. Arcjet connects those steps and gives teams policy controls to detect them.”

Arcjet’s agent runtime security centers on three parts of securing agents in production, observe, enforce, and audit.

Observe: Discover all your agents

Arcjet supports ingesting agent activity without application code changes or deploying another agent. Platform and security teams can use existing OpenTelemetry observability tooling to send activity directly to Arcjet for real-time visualization and analysis. For teams using Claude, Arcjet can also pull activity from the Claude Compliance API.

Arcjet connects activity across sessions so teams can see an agent’s sequence of actions as one workflow rather than a collection of unrelated events. Activity can include prompts, tool call parameters, session metadata, identity, security decisions, and other application context, giving teams a view of what each agent is doing across a run.

Agent identity and inventory are part of that visibility. Arcjet gives teams an inventory of the agents and applications operating inside their environment, with activity and individual runs associated with each agent so teams can inspect actions and security decisions step by step.

Enforce: Apply controls before and after every action

Once teams can see their agents and activity across sessions, Arcjet lets security teams define controls for prompt injection detection, PII and sensitive information leak prevention and redaction, automation and bot detection, rate limits, and quota controls. Arcjet guards apply deterministic policies to tools, APIs, database calls, and other inputs and outputs. Powered by Rego and Open Policy Agent, teams can create versioned, immutable policies through Arcjet’s web UI, API, CLI, or MCP without redeploying application code.

Policies can define the actions an agent is allowed to take, such as restricting recipients or attachments in an email tool, setting acceptable bounds for refund values, or limiting web fetch tools to trusted API URLs. Arcjet returns a decision to the application before the action executes, allowing the application to stop the operation, request human approval, or return an explanation to the agent. Applied before and after calls to LLMs, tools, databases, and APIs, these controls can mitigate risk before consequential actions and verify results before the workflow continues.

For enforcement, Arcjet has native integrations with major agent frameworks, including Claude Agents SDK, Claude Managed Agents, OpenAI Agents SDK, LangChain, LangFuse, Strands, Mastra, and Microsoft’s Agent Framework. This in-code context allows Arcjet to track recorded actions, their inputs, and policy decisions across the workflow.

Audit: Evidence and proof of compliance

Arcjet collects the context of each execution so teams can reconstruct what happened, understand why a policy decision was made, and provide evidence for security reviews and compliance audits. Correlated traces preserve actions, inputs, security decisions, and policy evaluations across the work

View original content:https://www.prnewswire.com/news-releases/arcjet-launches-agent-runtime-security-for-production-ai-agents-302882668.html

SOURCE Arcjet

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The live music industry still largely runs on spreadsheets and email threads. ABOSS is the operating system.

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September 17, 2026

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AMSTERDAM, Sept. 17, 2026 /PRNewswire/ — Let’s be honest. The live music industry still runs its operations across email threads and spreadsheets at large. Booking agencies, artists, managers and crews coordinate deals, contracts, logistics, and money through systems that were never designed to connect.

ABOSS spent the past decade building an operating system for live music, to solve this problem from a place of deep industry experience. Booking agencies, artists, and crews can manage their shows in one structured environment; from the back-office to center-stage. However, while the hustle is real and the front-end often catches the spotlight, the adoption of new technology in the back-end can move like a slow jam on a Sunday afternoon.

“After all those years, deals are still made on relationships, and they’re still being executed in chaos,” said Arvid Silos, founder of ABOSS. “If your data lives in inboxes and spreadsheets, you’re leaving margins on the table.”

ABOSS is built with structured collaboration, dealmaking and business logistics in mind across two environments on the same record. The Agency Platform is where booking agencies run deals, contracts, financial tracking, planning, and pre-production. Artist Pro is where artists and their teams access, review, and work on the same data. A true single source of truth solution.

That split is also the platform’s position on who owns the data. Operational information in live music has long sat with the agency, or been scattered across inboxes and spreadsheets. Agencies running on ABOSS are already offering artists a record they can own, access and control, while the agency continues to run the operation. The infrastructure has been there for a decade. However, hardly any artist or manager claims it: of the roughly $1 billion in deal value moving through ABOSS this year, artist-owned records cover about 4%.

A mobile application extends that record onto the road: schedules, travel, and ops, available offline, with summaries. Records are exposed through an open API to empower a new layer of specialized workflows and integrations to improve the live music stack.

SAPPS AI, offering platform-agnostic AI-native micro-apps for live music, is one of those layers that recognizes the power of ABOSS as a system of data supply. AI Models need data that is substantial, owned, structured, secure, and current, contextualized to specific business cases. AI does not replace architecture. That’s where ABOSS turns admin into a commercial opportunity in the age of AI.

It’s one thing to jump on the AI hypetrain, it’s another thing to diligently navigate it, nurturing trust and strongholding this promise ABOSS built the operating system for live music on; to elevate the way we all work in music.

About ABOSS: ABOSS is the operating system for live music. Booking agencies, artists, managers and crews use it to collaboratively manage deals, contracts, finances, logistics and more in a shared environment. https://abossmusic.com

About SAPPS: SAPPS is a platform-agnostic AI-native intelligence layer for the live music industry: specialized applications that connect across systems music businesses already run. https://sapps.ai

Representative: Arvid Silos
Contact: press@a-boss.net
Address: Amsterdam, NH, The Netherlands

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Rasmussen University to Celebrate Approximately 6,200 Graduates at its Minnesota Commencement Ceremony

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September 17, 2026

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Graduates from 32 states and Washington, D.C., to gather in St. Paul for Rasmussen University’s final 2026 commencement celebration

ST. PAUL, Minn., Sept. 17, 2026 /PRNewswire/ — Rasmussen University part of American Public University System (Rasmussen) will celebrate the achievements of nearly 6,200 graduates during its 2026 Minnesota Commencement Ceremony on Saturday, Sept. 19, at 11 a.m. at Roy Wilkins Auditorium in St. Paul, MN, as well as online. The graduates completed their programs during the past year, representing the Classes of 2025 and 2026.

The Minnesota ceremony marks the third and final commencement celebration for Rasmussen University in 2026, following ceremonies in Illinois in April and Florida in June. Graduates have completed programs across eight areas of study, including nursing, health sciences, business, education, human services, justice studies, design and technology, offered at 20 Rasmussen campuses and online.

“Rasmussen University has a proud tradition of preparing students for careers that strengthen our communities and make a meaningful difference in the lives of others,” said Angela Selden, chancellor of American Public University System. “As part of American Public University System, Rasmussen University advances our shared mission to empower students through education to transform lives, advance careers, and serve their communities.”

Graduates registered to attend the ceremony in person represent 32 states and Washington, D.C., reflecting the national reach of Rasmussen University and its commitment to accessible, career-focused education. Nearly 20% are earning their second or additional degree from Rasmussen, highlighting Rasmussen’s commitment to lifelong learning and supporting students as they continue to advance their education and careers.

“Throughout our three commencement celebrations this year, we’ve had the privilege of hearing countless stories of resilience and purpose,” said Dr. Carrie Daninhirsch, provost at Rasmussen University. “In Illinois, Nursing graduate Beatrice Agbayewa pursued a career she loves after being inspired by a friend, persevering through health challenges along the way. In Florida, Human Services graduate and Navy veteran Brian Lange turned his own challenges finding his path after military service into a passion for helping other veterans rebuild their lives. As we gather here in St. Paul, where Rasmussen was founded more than 125 years ago, it’s especially meaningful to celebrate our final graduating class of 2026 and the next generation of graduates who will carry that legacy forward.”

Commencement Speakers

The ceremony will feature remarks from distinguished leaders and members of the Rasmussen University community who will share messages of perseverance, purpose and lifelong learning with the graduating class.

Keynote Speaker: Dr. Cyrus Batheja

Dr. Cyrus Batheja, president and chief executive officer of Ecumen, will deliver the keynote address. Ecumen is a nonprofit organization dedicated to providing innovative housing, healthcare and community-based services for older adults.

Batheja’s own educational journey was inspired by his mother, an immigrant who pursued nursing school while raising her family. Her determination shaped his path into nursing and healthcare leadership. In his keynote, he will reflect on the perseverance behind graduates’ achievements and encourage them to stay rooted in purpose, create opportunities for others and define success by how they live and serve their communities.

Prior to joining Ecumen, Batheja held senior leadership positions with UnitedHealthcare and Optum, including serving as national vice president of nursing at OptumRx, where he led more than 1,500 nurses delivering critical therapies across the United States. He is also co-founder of Batheja Supportive Living Services, serves on the Board of Regents at Augsburg University and was inducted as a Fellow of the American Academy of Nursing in 2022.

Graduate Speaker: Tykeishah Todd

Tykeishah Todd, a September 2026 Master of Healthcare Administration graduate, will represent the graduating class as its graduate speaker. A dedicated healthcare professional and mother of two, Todd is also a returning Rasmussen University graduate, having earned her Human Services degree from Rasmussen in 2022.

Throughout her Rasmussen journey, Todd has balanced her education, career and family responsibilities while continuing to pursue her professional goals. She currently serves as a supervisor in family medicine, where she leads with a passion for supporting her team and improving the patient experience. While pursuing her master’s degree, she also earned two career promotions.

Todd’s journey reflects the resilience and perseverance of Rasmussen graduates. In her Commencement message, she will encourage graduates to give themselves grace, embrace their individual journeys and remember that setbacks do not define their potential. She will share how earning her degree represents healing, growth and rewriting her story.

Alumni Speaker: Kimberley Wilde

Kimberley Wilde, a 2022 Rasmussen University graduate, will return to the Commencement stage as the alumni speaker and help lead Rasmussen’s Alumni Pinning Ceremony.

Wilde earned her Bachelor of Science in Business Management online from Rasmussen University after previously earning her Associate of Science degree from Rasmussen. She currently serves as a senior business analyst at Mayo Clinic.

As a first-generation college graduate, Wilde returned to school as an adult learner while balancing a full-time career and raising her two daughters. For Wilde, earning her degree represented not only a personal accomplishment, but also an opportunity to demonstrate to her daughters the importance of education and that it is never too late to pursue a goal.

During her own Commencement celebration in 2022, Wilde was selected to represent her class as the graduate speaker. She now returns as a proud alum to welcome the newest graduates into Rasmussen University’s lifelong alumni community.

The Alumni Pinning Ceremony is a special Rasmussen University tradition symbolizing graduates’ transition from students to alumni and their entry into a community that will remain connected long after Commencement.

To learn more about Rasmussen University’s 2026 commencement ceremonies, visit:
Rasmussen University Commencement Information

About Rasmussen University:
Rasmussen University part of American Public University System (Rasmussen), combines a rich history of educational excellence with the strength of a system dedicated to preparing students for service-oriented careers. The System is committed to enriching communities by delivering innovative, career-focused education and maintaining a longstanding commitment to preparing the next generation of healthcare professionals. The System offers undergraduate and graduate programs online and across 20 Rasmussen campuses nationwide in eight areas of study, including nursing, health sciences, business, technology, and social services. Since 1900, Rasmussen has been creating opportunities, transforming lives, and strengthening communities through student-centered education that prepares graduates for in-demand careers. Learn more at www.Rasmussen.edu.

About American Public University System:
American Public University System (the System), provides postsecondary education that transforms lives, advances careers, and improves communities. With over 109,000 students and 250,000 alumni worldwide, the System includes American Military University (AMU), American Public University (APU), Rasmussen University, and Hondros College of Nursing. 

The System is accredited by the Higher Learning Commission (HLC) (www.hlcommission.org), an institutional accreditation agency recognized by the U.S. Department of Education. It is a wholly owned subsidiary of American Public Education, Inc. (Nasdaq: APEI).

Contact: Molly Andersen
Mobile: 903.920.4366
Email: molly.andersen@rasmussen.edu

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SOURCE Rasmussen University

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