Steven Fox

Anja Soderstrom

Jaeson Schmidt

James Ricchiuti

Melissa Dailey Fairbanks

Jason Smith

Melissa [indiscernible]

- **David Muizidis** is the incoming CEO of Benchmark Electronics, with **Jeff Bank** retiring in March and remaining an advisor for an additional year, ensuring a **seamless transition**.  **[863436_2146317_0]** 
- The company reported a **multi-year record high in bookings** in July and is optimistic about future growth, driven by a focus on existing customers and new business development.  **[863436_2146317_1]** 
- Benchmark Electronics anticipates **quarter-over-quarter and year-over-year growth in its Advanced Compute and Communication (ACC) sector starting in Q4**, primarily due to significant **AI-related wins**.  **[863436_2146317_2]** 
- The company has generated approximately **$80 million in free cash flow** over the last twelve months and is focused on improving its working capital conversion cycle, aiming for **5 to 5.5 inventory turns**.  **[863436_2146317_7]** 
- Capital allocation priorities include **paying dividends, stock buybacks** to offset dilution, and debt reduction, with strategic tuck-in acquisitions considered if they align with margin improvement goals.  **[863436_2146317_7]**

BENCHMARK ELECTRONICS (BHE)