---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-054129"
form_type: "8-K/A"
ticker: "STRT"
cik: "0000933034"
company_name: "STRATTEC SECURITY CORP"
filed_at: "2023-11-21T23:59:59+00:00"
generated_at: "2026-06-07T23:08:41.434333+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# STRATTEC CEO Krejci retirement: $640K salary continuation, 10,200 shares vest, interim CEO Guillot appointed

## Summary
- Frank Krejci to retire as President/CEO and board member effective Dec 31, 2023.
- Rolando Guillot named Interim President/CEO effective Jan 1, 2024 (in addition to COO role).
- Krejci will receive $640,000 salary continuation over 12 months and COBRA coverage at active rates for 2024.
- All 10,200 unvested restricted stock shares will vest on Dec 31, 2023.
- Krejci subject to non-compete, non-solicit, confidentiality; provides general release of claims.

## SEC filing metadata
- accession: 0001140361-23-054129
- form_type: 8-K/A
- ticker: STRT
- cik: 0000933034
- company_name: STRATTEC SECURITY CORP
- filed_at: 2023-11-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/933034/000114036123054129/0001140361-23-054129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/933034/000114036123054129/ef20014929_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-054129
- JSON: https://secwatch.observer/filing/0001140361-23-054129.json
- Plain text: https://secwatch.observer/filing/0001140361-23-054129.txt

## Key facts
- Executive change
  Frank Krejci retired as other_named_officer at STRATTEC SECURITY CORP.
  - Action: retired
  source text: On November 21, 2023, STRATTEC SECURITY CORPORATION (the “Company”) entered into a Retirement Agreement and General Release intended to become effective on November 29, 2023 (the “Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/933034/000114036123054129/0001140361-23-054129-index.htm

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