Pratik Trivedi was appointed as Director at CTS CORP.
“As a result of Mr. Trivedi’s appointment to the Board, the number of directors on the Board will increase from eight to nine.”
CTS CORP — fact timeline
Source-grounded facts extracted from CTS CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Pratik Trivedi was appointed as President and Chief Executive Officer at CTS CORP.
“the Board has appointed Pratik Trivedi as President and CEO of the Company effective as of the Effective Date”
Kieran O'Sullivan was appointed as Executive Chairman at CTS CORP.
“Mr. O’Sullivan will remain on the Board of Directors of the Company (the “Board”) and has been appointed Executive Chairman, effective as of the Effective Date.”
CTS CORP shareholders approved Ratification of the appointment of Grant Thornton, LLP as the Company's independent registered public accounting firm for the year ending December 31, 2026 at the 2026-05-14 meeting.
“PROPOSAL 3 – Ratification of the appointment of Grant Thornton, LLP as the Company's independent registered public accounting firm for the year ending December 31, 2026: NUMBER OF VOTES FOR NUMBER OF VOTES AGAINST NUMBER OF ABSTENTIONS 25,989,929 522,284 7,095”
CTS CORP shareholders approved Approval, on a non-binding advisory basis, of the compensation of our named executive officers as described in the Proxy Statement at the 2026-05-14 meeting.
“PROPOSAL 2 – Approval, on a non-binding advisory basis, of the compensation of our named executive officers as described in the Proxy Statement: NUMBER OF VOTES FOR NUMBER OF VOTES AGAINST NUMBER OF ABSTENTIONS NUMBER OF BROKER NON-VOTES 25,021,506 655,182 16,750 825,870”
CTS CORP shareholders approved Election of eight directors until the next annual meeting of shareholders at the 2026-05-14 meeting.
“DIRECTOR NOMINEE NUMBER OF VOTES FOR NUMBER OF VOTES AGAINST NUMBER OF ABSTENTIONS NUMBER OF BROKER NON-VOTES Donna M. Costello 25,587,200 97,050 9,188 825,870 Amy M. Dodrill 25,634,413 47,914 11,111 825,870 William S. Johnson 25,186,497 497,885 9,056 825,870 Kimberly Banks MacKay 25,638,499 47,531 7,408 825,870 Kieran M. O'Sullivan 25,380,534 305,629 7,275 825,870 Robert A. Profusek 24,632,574 1,053,874 6,990 825,870 Randy L. Stone 25,631,137 53,245 9,056 825,870 Alfonso G. Zulueta 25,552,599 127,033 13,806 825,870”
CTS CORP reported 2026 results: revenue $560 million - $580 million, EPS $2.35 - $2.45.
“Assuming the continuation of current market conditions, CTS is narrowing its previous guidance of 2026 sales from a range of $550-$580 million to $560-$580 million and adjusted diluted EPS from a range of $2.30-$2.45 to $2.35-$2.45.”
CTS CORP reported first quarter of 2026 results: EPS diluted EPS was $0.59, up 15 cents from $0.44 in the first quarter of 2025..
“Sales were $139 million in the first quarter of 2026, up 11% year-over-year.”
CTS CORP terminated Prior Credit Agreement with the Company, its subsidiary, CTS Denmark; BMO Harris Bank N.A., as L/C Issuer and Administrative Agent; BMO Capital Markets Corp., as Sole Book Runner and Joint-Lead Arranger; Bank of America, N.A., Wells Fargo Bank, N.A., and U.S. Bank National Association, as Joint-Lead Arrangers; and the guaranto (effective 2025-11-24).
“The prior Credit Agreement (the "Prior Credit Agreement") by and among the Company, its subsidiary, CTS Denmark; BMO Harris Bank N.A., as L/C Issuer and Administrative Agent; BMO Capital Markets Corp., as Sole Book Runner and Joint-Lead Arranger; Bank of America, N.A., Wells Fargo Bank, N.A., and U.S. Bank National Association, as Joint-Lead Arrangers; and the guarantors and lenders from time-to-time party thereto was terminated as of November 24, 2025.”
CTS CORP entered into Credit Agreement with Wells Fargo Bank, National Association, as Administrative Agent, Swing Line Lender, and L/C Issuer; Wells Fargo Securities LLC, as Sole Book Runner and Joint-Lead Arranger; BofA Securities, Inc. and BMO Bank, N.A., as Joint-Lead Arrangers; and the guarantors and lenders from time-to-time party there valued at $300 million (effective 2025-11-24).
“On November 24, 2025, CTS Corporation (the "Company") and its subsidiary, CTS Denmark Holding A/S ("CTS Denmark") entered into a five-year Credit Agreement (the "Credit Agreement") with Wells Fargo Bank, National Association, as Administrative Agent, Swing Line Lender, and L/C Issuer; Wells Fargo Securities LLC, as Sole Book Runner and Joint-Lead Arranger; BofA Securities, Inc. and BMO Bank, N.A., as Joint-Lead Arrangers; and the guarantors and lenders from time-to-time party thereto.”
CTS CORP incurred revolving credit of $300 million with Wells Fargo Bank, National Association at base rate loans: at a rate per annum equal to the sum of the applicable margin p maturing five years from the closing date.
“Bank, N.A., as Joint-Lead Arrangers; and the guarantors and lenders from time-to-time party thereto. The Credit Agreement provides for an unsecured revolving credit facility of $300 million. In addition, the Company may request, with the written consent of the Administrative Agent (and subject to certain additional conditions), that the aggregate credit extended”
Scott D'Angelo resigned as Vice President, Chief Legal and Administrative Officer and Corporate Secretary at CTS CORP.
“On March 5, 2025, Scott D’Angelo, Vice President, Chief Legal and Administrative Officer and Corporate Secretary of CTS Corporation (the “Company”) submitted his resignation, effective April 4, 2025 (the “Effective Date”).”
Ashish Agrawal was appointed as principal accounting officer at CTS CORP.
“Ashish Agrawal, the Company’s Vice President and Chief Financial Officer, will act as the Company’s principal accounting officer upon Mr. White’s resignation.”
Thomas White resigned as principal accounting officer at CTS CORP.
“On September 4, 2024, Thomas White informed CTS Corporation (the “Company”) that he was resigning his position as principal accounting officer, effective September 18, 2024, to pursue a new professional opportunity.”
CTS CORP shareholders approved Ratification of the appointment of Grant Thornton, LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024 at the 2024-05-09 meeting.
“PROPOSAL 3 – Ratification of the appointment of Grant Thornton, LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024: NUMBER OF VOTES FOR NUMBER OF VOTES AGAINST NUMBER OF ABSTENTIONS 28,760,155 411,876 10,597”
CTS CORP shareholders approved Approval, on a non-binding advisory basis, of the compensation of our named executive officers as described in the Proxy Statement at the 2024-05-09 meeting.
“PROPOSAL 2 – Approval, on a non-binding advisory basis, of the compensation of our named executive officers as described in the Proxy Statement: NUMBER OF VOTES FOR NUMBER OF VOTES AGAINST NUMBER OF ABSTENTIONS NUMBER OF BROKER NON-VOTES 27,638,172 725,697 19,018 799,741”
CTS CORP shareholders approved Election of seven directors at the 2024-05-09 meeting.
“At the Annual Meeting, all director nominees were elected and proposals 2 and 3 were approved. The proposals below are described in more detail in the Company’s definitive proxy statement for the Annual Meeting filed with the SEC on March 29, 2024 (the “Proxy Statement”). The final results were as follows: PROPOSAL 1 – Election of seven directors until the next annual meeting of shareholders:”
CTS CORP reported 2024 results: revenue $530 - $570 million, EPS $2.10 - $2.35. Guidance reaffirmed.
“CTS is maintaining its guidance of sales in the range of $530 - $570 million and adjusted diluted EPS to be in the range of $2.10 - $2.35.”
CTS CORP reported the first quarter ended March 31, 2024 results: revenue $125.7 million, net income $11 million, EPS $0.36.
“Sales were $125.7 million, down 14% year-over-year, and up 1% sequentially compared to the fourth quarter of 2023.”
Amy M. Dodrill was elected as Director at CTS CORP.
“Effective February 8, 2024, the board of directors (the “Board”) of CTS Corporation (the “Company”) increased the size of its board from six to seven members, and elected Amy M. Dodrill to fill the resulting vacancy.”
CTS CORP reported financial results for the fourth quarter and full-year ended December 31, 2023.
“On February 6, 2024, CTS Corporation (the "Company") issued a press release providing certain results for the fourth quarter and full-year ended December 31, 2023, as more fully described in the press release.”
CTS CORP reported the second quarter ended June 30, 2023 results: revenue $145.2 million, net income $12.9 million, EPS $0.41 per diluted share. Guidance lowered.
“• Sales were $145.2 million, up 0.1% year-over-year. Sales to the transportation end market increased 10% and sales to the non-transportation end markets decreased 10% over the same period last year. • Net income was $12.9 million, or 8.9% of sales, compared to $12.6 million, or 8.7% of sales, in the second quarter of 2022. • Earnings per share was $0.41 per diluted share compared to $0.39 per diluted share in the second quarter of 2022.”
CTS CORP: Amended Article VIII to permit use of electronic board consents under Indiana law (effective 2023-05-11).
“On May 11, 2023, the Board of Directors of the Company (the “Board”) approved amendments to Article VIII of the Company’s Amended and Restated Bylaws (as amended, the “Amended and Restated Bylaws”) to include changes to permit the use of electronic board consents as allowable under the Indiana Business Corporation Law and Indiana Uniform Electronic Transactions Act.”
CTS CORP shareholders rejected Approval of a shareholder proposal to subject termination pay to shareholder approval at the 2023-05-11 meeting.
“PROPOSAL 5 – Approval of a shareholder proposal to subject termination pay to shareholder approval: NUMBER OF VOTES FOR NUMBER OF VOTES AGAINST NUMBER OF ABSTENTIONS NUMBER OF BROKER NON-VOTES 14,025,960 14,802,616 20,435 812,223”
CTS CORP shareholders approved Ratification of the appointment of Grant Thornton, LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023 at the 2023-05-11 meeting.
“PROPOSAL 4 – Ratification of the appointment of Grant Thornton, LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023: NUMBER OF VOTES FOR NUMBER OF VOTES AGAINST NUMBER OF ABSTENTIONS 29,262,918 390,828 7,488”
CTS CORP shareholders approved Approval, on an advisory basis, of the frequency of future advisory votes regarding the compensation of the Company's named executive officers at the 2023-05-11 meeting.
“PROPOSAL 3 – Approval, on an advisory basis, of the frequency of future advisory votes regarding the compensation of the Company’s named executive officers: NUMBER OF VOTES FOR ONE YEAR NUMBER OF VOTES FOR 2 YEARS NUMBER OF VOTES FOR 3 YEARS NUMBER OF ABSTENTIONS 27,138,533 11,621 1,681,530 17,327”
CTS CORP shareholders approved Approval, on a non-binding advisory basis, of the compensation of our named executive officers at the 2023-05-11 meeting.
“PROPOSAL 2 – Approval, on a non-binding advisory basis, of the compensation of our named executive officers as described in the Proxy Statement: NUMBER OF VOTES FOR NUMBER OF VOTES AGAINST NUMBER OF ABSTENTIONS NUMBER OF BROKER NON-VOTES 27,851,669 980,524 16,818 812,223”
CTS CORP shareholders approved Election of six directors until the next annual meeting of shareholders at the 2023-05-11 meeting.
“PROPOSAL 1 – Election of six directors until the next annual meeting of shareholders: DIRECTOR NOMINEE NUMBER OF VOTES FOR NUMBER OF VOTES AGAINST NUMBER OF ABSTENTIONS NUMBER OF BROKER NON-VOTES Donna M. Costello 28,655,258 166,751 27,002 812,223 William S. Johnson 28,688,186 134,024 26,801 812,223 Kieran M. O’Sullivan 28,101,838 719,334 27,839 812,223 Robert A. Profusek 26,149,375 2,672,836 26,800 812,223 Randy L. Stone 28,777,820 44,287 26,904 812,223 Alfonso G. Zulueta 28,227,595 594,344 27,072 812,223”
CTS CORP reported first quarter ended March 31, 2023 results: revenue Sales were $146.0 million, net income Net income was $18.3 million, EPS Earnings per share was $0.58 per diluted share. Guidance reaffirmed.
“First Quarter 2023 Results • Sales were $146.0 million, down 1.2% year-over-year. Sales to non-transportation end markets increased 4.6%, and sales to the transportation end market decreased 6.1% over the same period. • Net income was $18.3 million, or 12.6% of sales, compared to $20.2 million, or 13.7% of sales, in the first quarter of 2022. • Earnings per share was $0.58 per diluted share compared to $0.63 per diluted share in the first quarter of 2022. • Adjusted diluted EPS was $0.61 down from $0.67 in the first quarter of 2022. • Adjusted EBITDA margin was 21.9% compared to 23.5% in the first quarter of 2022. • Operating cash flow was $11.2 million compared to $19.3 million in the first quarter of 2022. 2023 Guidance CTS is maintaining its guidance of sales in the range of $580 - $640 million and adjusted diluted EPS to be in the range of $2.40 - $2.70.”
Ye Jane Li departed as Director at CTS CORP.
“On March 15, 2023, Ye Jane Li informed CTS Corporation (the “Company”) that she will not stand for re-election to the Company’s Board of Directors at the 2023 Annual Meeting of Shareholders to be held on May 11, 2023.”
Randy Stone was elected as member of the Board of Directors at CTS CORP.
“Randy Stone has been elected to serve as a member of the Board of Directors of CTS Corporation (the “Company”) effective February 9, 2023.”
CTS CORP reported Full-Year 2023 results: revenue $580 - $640 million, EPS $2.40 - $2.70. Guidance initiated.
“CTS expects full-year 2023 sales to be in the range of $580 - $640 million and adjusted diluted EPS to be in the range of $2.40 - $2.70.”
CTS CORP: Approved amendments to Bylaws to reflect changes to voting standard in uncontested director elections and to address universal proxy card requirements under Rule 14a-19.
“The Board of Directors of the Company (the “Board”) has approved amendments to Article VI, Section 5 and Article VII, Section 1 of the Company’s Bylaws (as amended, the “Amended and Restated Bylaws”) to reflect changes to the voting standard in uncontested director elections. The Board also approved amendments to Article VII, Sections 4(c) and 4(f) to address Rule 14a-19 under the Securities Exchange Act of 1934, as amended, related to the universal proxy card requirements.”
CTS CORP: Approved amendment to Articles of Incorporation to implement majority voting standard in uncontested director elections.
“the Company’s shareholders approved an amendment to the Company’s Articles of Incorporation to implement a majority voting standard in uncontested director elections.”
Gordon Hunter resigned as Director at CTS CORP.
“Gordon Hunter resigned from the Board of Directors of CTS Corporation (the “Company”) on September 23, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.