STRATTEC grants interim CEO Guillot $108k retention bonus if employed through Dec 31, 2024

STRATTEC SECURITY CORP

Rolando J. Guillot enters Retention Agreement for $108,000 lump sum if continuously employed through December 31, 2024.
Effective July 1, 2024, Guillot returns to SVP Operations and COO as Jennifer L. Slater becomes President and CEO.
Retention payment equals 30% of Guillot's current base salary; forfeited if employment terminates before Retention Date.
Agreement does not supersede existing employment and change-in-control agreements; employment remains at-will.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Jennifer L. Slater

President and Chief Executive Officer

STRT · STRATTEC SECURITY CORP

Effective: 2024-07-01
Filed: June 24, 2024, 7:59 PM ET

Effective July 1, 2024, Mr. Guillot will return to his role as Senior Vice President – Operations and Chief Operating Officer upon the appointment of Jennifer L. Slater as President and Chief Executive Officer, as previously disclosed by the Company in its Current Report on Form 8-K filed on June 14, 2024.

Role change

Roland J. Guillot

Senior Vice President – Operations and Chief Operating Officer

STRT · STRATTEC SECURITY CORP

Effective: 2024-07-01
Successor: Jennifer L. Slater
Filed: June 24, 2024, 7:59 PM ET

Effective July 1, 2024, Mr. Guillot will return to his role as Senior Vice President – Operations and Chief Operating Officer upon the appointment of Jennifer L. Slater as President and Chief Executive Officer, as previously disclosed by the Company in its Current Report on Form 8-K filed on June 14, 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 President and Chief Executive Officer at STRATTEC SECURITY CORP.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

Effective July 1, 2024, Mr. Guillot will return to his role as Senior Vice President – Operations and Chief Operating Officer upon the appointment of Jennifer L. Slater as President and Chief Executive Officer, as previously disclosed by the Company in its Current Report on Form 8-K filed on June 14, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Roland J. Guillot changed role as Senior Vice President – Operations and Chief Operating Officer at STRATTEC SECURITY CORP.

Action: returned
Role: Senior Vice President – Operations and Chief Operating Officer

Exact text from the filing

Effective July 1, 2024, Mr. Guillot will return to his role as Senior Vice President – Operations and Chief Operating Officer upon the appointment of Jennifer L. Slater as President and Chief Executive Officer, as previously disclosed by the Company in its Current Report on Form 8-K filed on June 14, 2024.

View on SEC.gov

STRATTEC SECURITY CORP filing history →

Source: SEC EDGAR

accession 0000950170-24-076799

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.