secwatch.observer — SEC 8-K summary
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Issuer:     PLEXUS CORP (PLXS)
CIK:        0000785786
Form:       8-K
Filed at:   2024-06-05T23:59:59+00:00
Accession:  0000785786-24-000042
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/785786/000078578624000042/0000785786-24-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/785786/000078578624000042/plxs-20240605.htm
  HTML page:      https://secwatch.observer/filing/0000785786-24-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer