TE Connectivity shareholders reject renewal of authorized capital; two directors depart at AGM

TE Connectivity plc

Item 14 renewal of authorized capital failed with 50.27% votes against, a management proposal.
Directors Daniel J. Phelan (age 72) and Pierre R. Brondeau retired; not nominated for re-election.
All 12 director nominees elected; Thomas J. Lynch re-elected Chairman despite 12.09% against.
Approved $2.24/share annual dividend (four quarterly $0.56 payments) and share repurchase authorization.
Advisory vote on executive compensation passed with 95.04% support; auditors elected.

item 5.02 item 5.07

Executive movements

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

Departed

Pierre R. Brondeau

director

TEL · TE Connectivity plc

Effective: 2022-03-09
Filed: March 9, 2022, 6:59 PM ET

Pierre R. Brondeau decided to retire from the Board of Directors and did not stand for re-election at the AGM.

Departed

Daniel J. Phelan

director

TEL · TE Connectivity plc

Effective: 2022-03-09
Filed: March 9, 2022, 6:59 PM ET

Daniel J. Phelan has reached the Board’s retirement age of 72 and therefore, in accordance with the Board’s retirement policy, was not nominated for re-election as a director of TE Connectivity Ltd. (the “Company”) at the Annual General Meeting of Shareholders of the Company held on March 9, 2022 (“AGM”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Pierre R. Brondeau retired as director at TE Connectivity plc.

Action: retired
Role: director

Exact text from the filing

Pierre R. Brondeau decided to retire from the Board of Directors and did not stand for re-election at the AGM.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Daniel J. Phelan retired as director at TE Connectivity plc.

Action: retired
Role: director

Exact text from the filing

Daniel J. Phelan has reached the Board’s retirement age of 72 and therefore, in accordance with the Board’s retirement policy, was not nominated for re-election as a director of TE Connectivity Ltd. (the “Company”) at the Annual General Meeting of Shareholders of the Company held on March 9, 2022 (“AGM”).

View on SEC.gov

TE Connectivity plc filing history →

Source: SEC EDGAR

accession 0001104659-22-031992

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