---
schema_version: "secwatch.filing_event.v1"
accession: "0000038725-24-000132"
form_type: "8-K"
ticker: "FELE"
cik: "0000038725"
company_name: "FRANKLIN ELECTRIC CO INC"
filed_at: "2024-07-01T23:59:59+00:00"
generated_at: "2026-06-01T00:17:25.430023+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000038725-24-000132
- form_type: 8-K
- ticker: FELE
- cik: 0000038725
- company_name: FRANKLIN ELECTRIC CO INC
- filed_at: 2024-07-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/38725/000003872524000132/0000038725-24-000132-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38725/000003872524000132/fele-20240701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000038725-24-000132
- JSON: https://secwatch.observer/filing/0000038725-24-000132.json
- Plain text: https://secwatch.observer/filing/0000038725-24-000132.txt

## Key facts
- Executive change
  Joseph Ruzynski was appointed as Director at FRANKLIN ELECTRIC CO INC.
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/38725/000003872524000132/0000038725-24-000132-index.htm
- Executive change
  Gregg Sengstack changed role as Executive Chairperson at FRANKLIN ELECTRIC CO INC.
  - Action: stepped down
  - Role: Executive Chairperson
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/38725/000003872524000132/0000038725-24-000132-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.