Joseph Ruzynski appointed to board; Sengstack steps down as CEO, remains Executive Chairperson

FRANKLIN ELECTRIC CO INC

Ruzynski appointed as director effective July 1, 2024, in conjunction with his CEO appointment previously reported on May 14, 2024.
Ruzynski will not receive additional compensation for director services.
Sengstack stepped down as CEO but remains Executive Chairperson of the Company.
Ruzynski entered an employment security agreement providing change-in-control benefits consistent with prior filings.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Joseph Ruzynski

Director

FELE · FRANKLIN ELECTRIC CO INC

Effective: 2024-07-01
Filed: July 1, 2024, 7:59 PM ET

On July 1, 2024, the Board of Directors (the “Board”) of Franklin Electric Co., Inc. (the “Company”) appointed Mr. Joseph Ruzynski as a director, effective immediately.

Role change

Gregg Sengstack

Executive Chairperson

FELE · FRANKLIN ELECTRIC CO INC

Effective: 2024-07-01
Successor: Joseph Ruzynski
Filed: July 1, 2024, 7:59 PM ET

Upon the appointment of Mr. Ruzynski to the position of Chief Executive Officer, Mr. Sengstack stepped down from that position and remains the Execuive Chairperson.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Joseph Ruzynski was appointed as Director at FRANKLIN ELECTRIC CO INC.

Action: appointed
Role: Director

Exact text from the filing

On July 1, 2024, the Board of Directors (the “Board”) of Franklin Electric Co., Inc. (the “Company”) appointed Mr. Joseph Ruzynski as a director, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Gregg Sengstack changed role as Executive Chairperson at FRANKLIN ELECTRIC CO INC.

Action: stepped down
Role: Executive Chairperson

Exact text from the filing

Upon the appointment of Mr. Ruzynski to the position of Chief Executive Officer, Mr. Sengstack stepped down from that position and remains the Execuive Chairperson.

View on SEC.gov

FRANKLIN ELECTRIC CO INC filing history →

Source: SEC EDGAR

accession 0000038725-24-000132

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