---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-073338"
form_type: "8-K"
ticker: "STRT"
cik: "0000933034"
company_name: "STRATTEC SECURITY CORP"
filed_at: "2024-06-14T23:59:59+00:00"
generated_at: "2026-06-01T04:30:24.775832+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-073338
- form_type: 8-K
- ticker: STRT
- cik: 0000933034
- company_name: STRATTEC SECURITY CORP
- filed_at: 2024-06-14T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/933034/000095017024073338/0000950170-24-073338-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/933034/000095017024073338/form_8-k_ceo_appointment.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-073338
- JSON: https://secwatch.observer/filing/0000950170-24-073338.json
- Plain text: https://secwatch.observer/filing/0000950170-24-073338.txt

## Key facts
- Executive change
  Jennifer L. Slater was appointed as Director at STRATTEC SECURITY CORP.
  - Action: appointed
  - Role: Director
  source text: The Board of Directors also has appointed Ms. Slater as a member of the Board of Directors effective July 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/933034/000095017024073338/0000950170-24-073338-index.htm
- Executive change
  Jennifer L. Slater was appointed as President and Chief Executive Officer at STRATTEC SECURITY CORP.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/933034/000095017024073338/0000950170-24-073338-index.htm

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