Plexus President & CSO Frisch to retire Sept 2024; CEO Kelsey adds President role

PLEXUS CORP

Steven J. Frisch, President and CSO, will retire effective Sept 28, 2024; he remains CSO until then.
CEO Todd P. Kelsey elected to additional office of President, effective June 4, 2024.
Frisch enters Retirement Agreement granting continued vesting of 10,960/11,180/11,450 RSUs and PSUs.
Frisch receives subsidized COBRA for 18 months and company vehicle transfer at retirement.
Retirement Agreement includes non-competition, non-solicitation, and non-disparagement covenants through Sept 2026.

item 5.02 item 9.01

Executive movements

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Role change

Todd P. Kelsey

President

PLXS · PLEXUS CORP

Effective: 2024-06-04
Filed: June 5, 2024, 7:59 PM ET

Plexus' Board of Directors elected Todd P. Kelsey, Chief Executive Officer of the Company, to the additional office of President, effective June 4, 2024;

Departed

Steven J. Frisch

President and Chief Strategy Officer

PLXS · PLEXUS CORP

Effective: 2024-09-28
Successor: Todd P. Kelsey
Filed: June 5, 2024, 7:59 PM ET

Steven J. Frisch, President and Chief Strategy Officer of Plexus Corp. ("Plexus" or the "Company"), informed the Company of his intent to retire from his employment with the Company at midnight on September 28, 2024, the end of Plexus' fiscal year 2024 (the "Retirement Date").

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Todd P. Kelsey was elected as President at PLEXUS CORP.

Action: elected
Role: President

Exact text from the filing

Plexus' Board of Directors elected Todd P. Kelsey, Chief Executive Officer of the Company, to the additional office of President, effective June 4, 2024;

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Steven J. Frisch departed as President and Chief Strategy Officer at PLEXUS CORP.

Action: retire
Role: President and Chief Strategy Officer

Exact text from the filing

Steven J. Frisch, President and Chief Strategy Officer of Plexus Corp. ("Plexus" or the "Company"), informed the Company of his intent to retire from his employment with the Company at midnight on September 28, 2024, the end of Plexus' fiscal year 2024 (the "Retirement Date").

View on SEC.gov

PLEXUS CORP filing history →

Source: SEC EDGAR

accession 0000785786-24-000042

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