secwatch.observer — SEC 8-K summary
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Issuer:     STRATTEC SECURITY CORP (STRT)
CIK:        0000933034
Form:       8-K
Filed at:   2023-11-14T23:59:59+00:00
Accession:  0001140361-23-052997
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

STRATTEC CEO Frank J. Krejci to retire Dec 31; COO Rolando Guillot named interim CEO
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- Frank J. Krejci, President and CEO since September 2012, will retire and resign from Board effective Dec 31, 2023.
- COO Rolando J. Guillot appointed Interim President and CEO effective Jan 1, 2024, in addition to his current role.
- Guillot receives $18,000 monthly stipend for interim CEO duties; no other material compensation changes.
- Company will engage a leading executive search firm to identify a permanent successor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/933034/000114036123052997/0001140361-23-052997-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/933034/000114036123052997/ef20014610_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-052997

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer