8-K filed November 6, 2024, 6:59 PM ET ticker ENS CIK 0001289308

leadership confidence high sentiment neutral materiality 0.65

EnerSys CEO David Shaffer to retire May 2025; Shawn O'Connell named successor

EnerSys

David Shaffer to retire as CEO effective May 22, 2025; will continue in role until then.
Shawn O'Connell appointed President and COO immediately; to become CEO and board member on May 23, 2025.
O'Connell's base salary increased to $700k; receives $500k RSU and $500k option awards; bonus target raised to 85%.
O'Connell previously led Energy Systems Global, driving $50M annual cost reduction and 20% earnings growth at Motive Power.
Board Chair cites Shaffer's transformation of EnerSys from lead-acid to global energy systems leader with 35% revenue growth.

item 5.02 item 9.01

Executive movements

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

Appointed

Shawn M. O'Connell

President and Chief Operating Officer

ENS · EnerSys

Effective: 2024-11-06
Filed: November 6, 2024, 6:59 PM ET

(i) effective November 6, 2024, Shawn M. O’Connell has been appointed as President and Chief Operating Officer of EnerSys

Appointed

Shawn M. O'Connell

Director

ENS · EnerSys

Effective: 2025-05-23
Filed: November 6, 2024, 6:59 PM ET

be appointed as a Class III director of the Board of Directors

Appointed

Shawn M. O'Connell

President and Chief Executive Officer

ENS · EnerSys

Effective: 2025-05-23
Successor: David M. Shaffer
Filed: November 6, 2024, 6:59 PM ET

(ii) effective on May 23, 2025, Mr. O’Connell will become President and Chief Executive Officer of EnerSys and be appointed as a Class III director of the Board of Directors, to fill the vacancy created by Mr. Shaffer’s retirement.

Departed

David M. Shaffer

Chief Executive Officer

ENS · EnerSys

Effective: 2025-05-22
Successor: Shawn M. O'Connell
Filed: November 6, 2024, 6:59 PM ET

(a) David M. Shaffer has advised EnerSys of his intention to retire as Chief Executive Officer of EnerSys and member of its Board of Directors effective May 22, 2025,

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Shawn M. O'Connell was appointed as President and Chief Operating Officer at EnerSys.

Action: appointed
Role: President and Chief Operating Officer

Exact text from the filing

(i) effective November 6, 2024, Shawn M. O’Connell has been appointed as President and Chief Operating Officer of EnerSys

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Shawn M. O'Connell was appointed as Director at EnerSys.

Action: appointed
Role: Director

Exact text from the filing

be appointed as a Class III director of the Board of Directors

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Shawn M. O'Connell was appointed as President and Chief Executive Officer at EnerSys.

Action: will become
Role: President and Chief Executive Officer

Exact text from the filing

(ii) effective on May 23, 2025, Mr. O’Connell will become President and Chief Executive Officer of EnerSys and be appointed as a Class III director of the Board of Directors, to fill the vacancy created by Mr. Shaffer’s retirement.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

David M. Shaffer departed as Chief Executive Officer at EnerSys.

Action: retire
Role: Chief Executive Officer

Exact text from the filing

(a) David M. Shaffer has advised EnerSys of his intention to retire as Chief Executive Officer of EnerSys and member of its Board of Directors effective May 22, 2025,

View on SEC.gov

EnerSys filing history →

Source: SEC EDGAR

accession 0001289308-24-000039

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