Sanmina adds Michael Loparco to board; stockholders approve 1 million more plan shares
On March 10, 2025, Sanmina's board appointed Michael J. Loparco as a director, the same day as the company's annual stockholder meeting. At that meeting, stockholders also approved adding 1,000,000 shares to the 2019 Equity Incentive Plan and voted on director elections, auditor ratification, and a shareholder proposal on special meetings. The filing does not report financial results, and the board appointment and plan approval are the main shareholder-relevant items.
Key points
- Michael J. Loparco, 53, was appointed a director effective March 10, 2025; he was CEO of Symbotic Inc. and spent more than two decades at Jabil Inc.
- Stockholders approved reserving an additional 1,000,000 shares of Common Stock under the 2019 Plan, with 45,948,744 votes for and 3,387,461 against.
- The 2019 Plan expires on December 3, 2028.
- Stockholders voted 40,402,418 for and 8,933,050 against the advisory say-on-pay proposal for named executive officers.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 14, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.