STRATTEC appoints Jennifer Slater as President and CEO effective July 1, 2024

STRATTEC SECURITY CORP

Ms. Slater, age 49, joins from Sensata Technologies (EVP & GM, Performance Sensing) with over 25 years auto industry experience.
Base salary of $650k, sign-on cash bonus of $550k, and a $300k retention bonus payable in two equal installments.
Equity grants: $1M sign-on restricted stock vesting over 3 years; $1.3M initial annual grant for FY2025 and at least $1.3M annually thereafter.
Slater also appointed to the Board effective July 1 and will be nominated for re-election at the 2024 Annual Meeting on October 8, 2024.
She currently serves on the board of Valvoline Inc. (NYSE: VVV) and previously held senior roles at Clarios and Johnson Controls.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Jennifer L. Slater

Director

STRT · STRATTEC SECURITY CORP

Effective: 2024-07-01
Filed: June 14, 2024, 7:59 PM ET

The Board of Directors also has appointed Ms. Slater as a member of the Board of Directors effective July 1, 2024.

Appointed

Jennifer L. Slater

President and Chief Executive Officer

STRT · STRATTEC SECURITY CORP

Effective: 2024-07-01
Filed: June 14, 2024, 7:59 PM ET

On June 14, 2024, STRATTEC SECURITY CORPORATION (the “Company”) issued a press release announcing that the Board of Directors has appointed Jennifer L. Slater as President and Chief Executive Officer effective July 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jennifer L. Slater was appointed as Director at STRATTEC SECURITY CORP.

Action: appointed
Role: Director

Exact text from the filing

The Board of Directors also has appointed Ms. Slater as a member of the Board of Directors effective July 1, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jennifer L. Slater was appointed as President and Chief Executive Officer at STRATTEC SECURITY CORP.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On June 14, 2024, STRATTEC SECURITY CORPORATION (the “Company”) issued a press release announcing that the Board of Directors has appointed Jennifer L. Slater as President and Chief Executive Officer effective July 1, 2024.

View on SEC.gov

STRATTEC SECURITY CORP filing history →

Source: SEC EDGAR

accession 0000950170-24-073338

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