secwatch.observer — SEC 8-K summary
======================================

Issuer:     EnerSys (ENS)
CIK:        0001289308
Form:       8-K
Filed at:   2022-04-04T23:59:59+00:00
Accession:  0001289308-22-000022
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EnerSys names Andrea J. Funk EVP and CFO; she succeeds retired Michael J. Schmidtlein
--------------------------------------------------------------------------------

- Funk had been VP Finance, Americas since Dec 2018; prior CEO/CFO at Cambridge Lee Industries.
- Compensation: $540K base salary, 70% target bonus, annual LTIP grants starting 2022.
- Severance letter agreement provides change-in-control protections and non-competition covenant.
- Funk also serves on Crown Holdings board and is a CPA with an MBA from Wharton.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1289308/000128930822000022/0001289308-22-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1289308/000128930822000022/ens-20220401.htm
  HTML page:      https://secwatch.observer/filing/0001289308-22-000022

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