---
schema_version: "secwatch.filing_event.v1"
accession: "0001606757-22-000060"
form_type: "8-K"
ticker: "KE"
cik: "0001606757"
company_name: "Kimball Electronics, Inc."
filed_at: "2022-11-15T23:59:59+00:00"
generated_at: "2026-06-21T18:31:03.271801+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Kimball Electronics amends bylaws for universal proxy rules, forms ESG committee; shareholders reelect directors

## Summary
- Bylaws amended to adopt SEC universal proxy rules for director nominations.
- Shareholders reelect Class II directors Holcomb, Van Deursen, Vadaketh with >97% support.
- Deloitte & Touche ratified as independent auditor for FY2023 with 96.8% vote.
- Board creates Nominating and ESG Committee; renames Compensation Committee to Talent, Culture, and Compensation.
- All committee compositions set effective immediately; each comprised entirely of independent directors.

## SEC filing metadata
- accession: 0001606757-22-000060
- form_type: 8-K
- ticker: KE
- cik: 0001606757
- company_name: Kimball Electronics, Inc.
- filed_at: 2022-11-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.03, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1606757/000160675722000060/0001606757-22-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1606757/000160675722000060/ke-20221111.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001606757-22-000060
- JSON: https://secwatch.observer/filing/0001606757-22-000060.json
- Plain text: https://secwatch.observer/filing/0001606757-22-000060.txt

## Key facts
- Governance Changes
  Kimball Electronics, Inc.: Amended by-laws to update advance notice provisions for universal proxy rules, remove references to former Compensation and Governance Committee, and update committee appointment provisions (effective 2022-11-11).
  - Change: bylaw amendment
  - Effective: 2022-11-11
  source text: On November 11, 2022, the Board of Directors (the “Board”) of Kimball Electronics, Inc. (the “Company”) approved a resolution, effective immediately, to amend the Amended and Restated By-Laws of the Company (as amended, the “Amended By-Laws”) to (a) add language to amend our advance notice provisions to address the adoption by the Securities and Exchange Commission of universal proxy rules; (b) remove references to the Board’s now-former Compensation and Governance Committee; and (c) update the Article referring to the Board’s authority to appoint committees:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606757/000160675722000060/0001606757-22-000060-index.htm
- Shareholder Votes
  Kimball Electronics, Inc. shareholders approved Advisory vote on the compensation paid to the Company’s Named Executive Officers at the 2022-11-11 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2022-11-11
  source text: The Share Owners approved, on a non-binding, advisory basis, the compensation paid to the Company’s Named Executive Officers as follows: Votes For Votes Against Votes Abstaining Broker Non-Votes Percentage of Votes Cast in Favor 18,741,052 185,528 322,431 2,137,408 99 %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606757/000160675722000060/0001606757-22-000060-index.htm
- Shareholder Votes
  Kimball Electronics, Inc. shareholders approved Election of Class II Directors to serve a three-year term at the 2022-11-11 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2022-11-11
  source text: The Share Owners voted to reelect each of the Class II nominees for director as follows: Class II Nominees for Directors to serve a three-year term Votes For Votes Withheld Broker Non-Votes Percentage of Votes Cast in Favor Michele A. M. Holcomb 19,018,805 230,206 2,137,408 99 % Holly A. Van Deursen 18,730,903 518,108 2,137,408 97 % Tom G. Vadaketh 19,039,377 209,634 2,137,408 99 %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606757/000160675722000060/0001606757-22-000060-index.htm
- Shareholder Votes
  Kimball Electronics, Inc. shareholders approved Ratification of the selection of Deloitte & Touche, LLP as the independent registered public accounting firm for fiscal year 2023 at the 2022-11-11 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2022-11-11
  source text: The Share Owners voted to ratify the selection of Deloitte & Touche, LLP as the Company’s independent registered public accounting firm for fiscal year 2023 as follows: Votes For Votes Against Votes Abstaining Percentage of Votes Cast in Favor 20,685,017 686,364 15,038 96.8 %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606757/000160675722000060/0001606757-22-000060-index.htm

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