TE Connectivity reorganizes segments; Steve Merkt exits, Aaron Stucki named President Transportation Solutions

TE Connectivity plc

Steve Merkt terminated as President Transportation Solutions effective Oct 1, 2024; advisory role through Dec 31; receives one-year notice and 12-month salary/non-compete.
Aaron Stucki (formerly President Communication Solutions) appointed President Transportation Solutions; base salary $675K, bonus up to 95%, LTI target $2.6M.
Effective Q1 FY2025, Communication Solutions businesses moved into Industrial Solutions; Appliance & Industrial combined into Automation & Connected Living.
New segments: Transportation Solutions (Automotive, Commercial Transport, Sensors); Industrial Solutions (Aero/Defense/Marine, Medical, Energy, DDN, Automation).

item 5.02 item 7.01

Executive movements

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Appointed

Aaron Stucki

President, Transportation Solutions

TEL · TE Connectivity plc

Effective: 2024-10-01
Filed: September 17, 2024, 7:59 PM ET

Effective October 1, 2024, Aaron Stucki, currently President, Communication Solutions, will serve as President, Transportation Solutions.

Departed

Steve Merkt

President, Transportation Solutions

TEL · TE Connectivity plc

Effective: 2024-10-01
Successor: Aaron Stucki
Filed: September 17, 2024, 7:59 PM ET

on September 11, 2024 the Company notified Steve Merkt of the termination of his employment.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Aaron Stucki was appointed as President, Transportation Solutions at TE Connectivity plc.

Action: appointed
Role: President, Transportation Solutions

Exact text from the filing

Effective October 1, 2024, Aaron Stucki, currently President, Communication Solutions, will serve as President, Transportation Solutions.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Steve Merkt was terminated as President, Transportation Solutions at TE Connectivity plc.

Action: terminated
Role: President, Transportation Solutions

Exact text from the filing

on September 11, 2024 the Company notified Steve Merkt of the termination of his employment.

View on SEC.gov

TE Connectivity plc filing history →

Source: SEC EDGAR

accession 0001104659-24-100692

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