Key Tronic enters consulting agreement with retiring CEO Craig Gates through June 2026

KEY TRONIC CORP

Consulting Agreement with Craig Gates starts June 30, 2024, ends June 30, 2026; pays $10,000 per month.
Gates continues as Board member; provides technical advice and transition support to new CEO Brett Larsen.
Gates retains unvested LTIP and Stock Appreciation Rights, which continue to vest pro rata under plan terms.
Prior retirement announced January 2024; this amendment details post-retirement consulting arrangement.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Craig D. Gates

President and Chief Executive Officer

KTCC · KEY TRONIC CORP

Effective: 2024-06-30
Filed: June 20, 2024, 7:59 PM ET

the retirement of Craig D. Gates, President and Chief Executive Officer, effective June 30, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Craig D. Gates retired as President and Chief Executive Officer at KEY TRONIC CORP.

Action: retired
Role: President and Chief Executive Officer

Exact text from the filing

the retirement of Craig D. Gates, President and Chief Executive Officer, effective June 30, 2024.

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KEY TRONIC CORP filing history →

Source: SEC EDGAR

accession 0000719733-24-000038

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