SINGAPORE – EMS provider Flextronics announced Thomas J. Smach is resigning as chief financial officer to pursue other interests outside the company, effective June 30.

Paul Read, who most recently served as executive vice president of finance for worldwide operations at the firm, will be CFO upon Smach's departure.

"Paul is a highly respected member of our senior leadership team and has worked directly for me as a trusted advisor for most of his thirteen year career at Flextronics. He has worked closely with Tom for many years, and based on his in-depth understanding of Flextronics and outstanding record of financial and operations management, Paul is the natural successor to the role of CFO of Flextronics," CEO Mike McNamara said in a statement.

Read has held a variety of financial roles with the company since 1995. He recently served as the lead executive responsible for the integration of the Solectron acquisition.

Prior to joining Flextronics, he held various financial positions with Allied Steel and Wire, STI Telecommunications and Associated British Foods. He graduated from the University of Wales, Newport with a degree in business and finance.