other material
confidence high
sentiment neutral
materiality 0.50
Sensata Technologies Holding plc (ST): auditor change — Sensata dismisses E&Y as auditor, appoints Deloitte for FY2023
Sensata Technologies Holding plc
- Audit Committee approved dismissal of Ernst & Young and appointment of Deloitte & Touche effective February 23, 2023.
- No disagreements or reportable events with E&Y during fiscal years 2021, 2022, or subsequent interim period.
- E&Y's audit reports for 2021 and 2022 were unqualified, with no adverse opinion or modification.
- Deloitte's appointment is subject to execution of engagement letter and completion of client acceptance procedures.
- Company will seek shareholder ratification of Deloitte as independent auditor at 2023 annual meeting.