Reuben M. Shaffer
On November 11, 2024, the Company appointed Reuben M. Shaffer to succeed Mr. Ott as Senior Vice President and Corporate Controller, upon Mr. Ott’s retirement.
Highest-materiality recent filing
TE Connectivity Q3 FY26: record sales $5.16B, EPS beat; guides Q4 above consensus
Record net sales $5.16B (+14% YoY); GAAP EPS $2.55 (+19%), adjusted EPS $2.94 (+22%).
TE Connectivity Q2 FY2026: sales +15% to $4.74B, adj EPS $2.73 (+24%), Q3 guide $5B sales
Net sales $4.74B, +15% reported and +7% organic YoY; record orders $5.3B (+25%).
TE Connectivity upsizes revolving credit facility from $1.5B to $3B, matures 2031
Entered $3.0B five-year senior unsecured revolving credit facility, replacing $1.5B facility due 2029.
TE Connectivity Q1 FY26 beats guidance: sales $4.7B (+22%), adj. EPS $2.72 (+33%)
Net sales $4.7B, up 22% reported and 15% organically; record orders $5.1B (+28% YoY).
Q4 net sales $4.75B (record), up 17% reported/11% organic YoY; GAAP EPS $2.23 (+148%), adjusted EPS $2.44 (+25%).
Net sales record $4.5B, up 14% reported and 9% organic YoY; GAAP EPS $2.14 (+15%), adjusted EPS $2.27 (+19%).
TE Connectivity subsidiary issues €500M 2.5% senior notes due 2028
TEGSA priced €500M of 2.500% senior notes due 2028 at 99.610% of par.
TE Connectivity Q2 sales/EPS above guidance; record adj EPS $2.10; Q3 sees 8% YoY growth
Q2 net sales $4.1B (+4% reported, +5% organic YoY); orders $4.25B (+6% YoY).
TE Connectivity closes acquisition of Richards Manufacturing, utility grid products leader
TE Connectivity (NYSE: TEL) completed the acquisition of Richards Manufacturing Co. on April 1, 2025.
TE Connectivity to acquire Richards Manufacturing for ~$2.3B to expand energy utility position
All-cash deal valued at ~$2.3B, subject to customary adjustments, funded via cash and new debt.
TE Connectivity Q1 FY25: Adjusted EPS $1.95 beats guidance; record operating margin 19.4%
GAAP diluted EPS $1.75; adjusted EPS $1.95, up ~6% YoY, above guidance.
Q4 net sales $4.1B (+1% YoY); adjusted EPS record $1.95 (+10% YoY); GAAP EPS $0.90 included $0.78 one-time tax charge.
TE Connectivity redomiciles to Ireland via merger; shares exchange 1:1, ticker unchanged
Merger completed Sept 30, 2024; each Swiss TEL share exchanged for 1 Irish TEL ordinary share; ticker 'TEL' unchanged.
Steve Merkt terminated as President Transportation Solutions effective Oct 1, 2024; advisory role through Dec 31; receives one-year notice and 12-month salary/non-compete.
TE Connectivity Q3 adjusted EPS record $1.91, up 8% YoY; margins expand 200 bps
Net sales $4.0B (-1% reported, +2% organic YoY); GAAP EPS $1.86 (+11%).
TE Connectivity Q2 FY24 adj EPS $1.86 beats guidance, up 13% YoY; record FCF $1.1B
Net sales $3.97B, down 5% YoY (organic -3%), in line with guidance; orders $4.0B (+6% sequentially).
TE Connectivity to redomicile from Switzerland to Ireland via merger with Irish sub
Board unanimously approved change of incorporation to Ireland; merger agreement signed March 18, 2024.
TE Connectivity proposes reincorporation from Switzerland to Ireland; shareholder vote set
Board unanimously approved proposed change of incorporation from Switzerland to Ireland.
TE Connectivity Q1 adjusted EPS $1.84 beats guidance; record free cash flow of $570M
Net sales $3.83B, flat YoY reported, organic -1%; orders $3.8B up 4% YoY across all segments.
TE Connectivity Q4 adj EPS $1.78 beats guidance; record FCF $945M; Q1 outlook up >10%
Q4 GAAP EPS $1.75, adjusted EPS $1.78 (+2% YoY); revenue $4.0B flat YoY.
TE Connectivity Q3 EPS beats guidance at $1.77 adjusted; sales $4B in line
GAAP EPS $1.67, adjusted EPS $1.77, both above guidance; Q3 net sales $4.0B, in line with guidance.
TE Connectivity Q2 FY2023 sales $4.16B (+4% YoY), adj. EPS $1.65 beat guidance
GAAP diluted EPS $1.34; adjusted EPS $1.65, exceeding guidance.
TE Connectivity board approves $250M restructuring charges for FY2023
Restructuring charges of ~$250M in FY2023, with $104M already incurred in first three months.
TE Connectivity subsidiary issues $500M 4.500% senior notes due 2026
TEGSA, TE Connectivity subsidiary, priced $500M in 4.500% senior notes due 2026.
TE Connectivity Q1 FY23 adj EPS $1.53 beats guidance; sales $3.8B up 8% organic
Net sales $3.8B, up 1% reported, 8% organic YoY; Transportation +14% organic, Industrial +7%, Communications -11%.
TE Connectivity reports record FY2022 sales $16.3B, Q4 adjusted EPS $1.88 beats expectations
Q4 net sales $4.4B, up 21% organic YoY; adjusted EPS $1.88, up 11%.
TE Connectivity Q3 FY22 record sales $4.1B, adj EPS $1.86 beat; Q4 adj EPS guidance $1.85 up 9% YoY
Net sales $4.1B (+7% reported, +11% organic YoY); orders $4.2B, book-to-bill 1.02, backlog up >20%.
TE Connectivity Q2 FY2022: Record sales $4.0B, adj. EPS $1.81 up 15% YoY
Net sales of $4.0B, up 7% reported, 8% organic YoY; orders $4.5B with book-to-bill 1.13.
TE Connectivity shareholders reject renewal of authorized capital; two directors depart at AGM
Item 14 renewal of authorized capital failed with 50.27% votes against, a management proposal.
TE Connectivity Q1 FY22: Net sales $3.82B (+8% YoY), adjusted EPS $1.76 (+20% YoY), record quarter
GAAP EPS $1.72 (+52% YoY), adjusted EPS $1.76 (+20% YoY), both first-quarter records.
On November 11, 2024, the Company appointed Reuben M. Shaffer to succeed Mr. Ott as Senior Vice President and Corporate Controller, upon Mr. Ott’s retirement.
On November 11, 2024, Robert J. Ott, the Senior Vice President and Corporate Controller for TE Connectivity plc (the “Company”), announced his intent to retire effective January 3, 2025.
On October 4, 2024, the Board of Directors (the “Board”) of TE Connectivity plc (the “Company”) appointed Sam Eldessouky as a director of the Company
Terrence R. Curtin, Heath A. Mitts, Carol A. (“John”) Davidson, Jean Pierre Clamadieu, Lynn A. Dugle, William A. Jeffrey, Syaru Shirley Lin, Abhijit Y. Talwalkar, Mark C. Trudeau, Dawn C. Willoughby, and Laura H. Wright have been appointed as directors of Irish TEL, whose terms each expire at the 2025 annual general meeting of shareholders.
Harold G. Barksdale, Matthew M. Pilcher, Daniel T. Morgan and Sarah Myriam Huot De Saint Albin resigned as directors of Irish TEL.
Terrence R. Curtin, Heath A. Mitts, Carol A. (“John”) Davidson, Jean Pierre Clamadieu, Lynn A. Dugle, William A. Jeffrey, Syaru Shirley Lin, Abhijit Y. Talwalkar, Mark C. Trudeau, Dawn C. Willoughby, and Laura H. Wright have been appointed as directors of Irish TEL, whose terms each expire at the 2025 annual general meeting of shareholders.
Harold G. Barksdale, Matthew M. Pilcher, Daniel T. Morgan and Sarah Myriam Huot De Saint Albin resigned as directors of Irish TEL.
Terrence R. Curtin, Heath A. Mitts, Carol A. (“John”) Davidson, Jean Pierre Clamadieu, Lynn A. Dugle, William A. Jeffrey, Syaru Shirley Lin, Abhijit Y. Talwalkar, Mark C. Trudeau, Dawn C. Willoughby, and Laura H. Wright have been appointed as directors of Irish TEL, whose terms each expire at the 2025 annual general meeting of shareholders.
Harold G. Barksdale, Matthew M. Pilcher, Daniel T. Morgan and Sarah Myriam Huot De Saint Albin resigned as directors of Irish TEL.
Terrence R. Curtin, Heath A. Mitts, Carol A. (“John”) Davidson, Jean Pierre Clamadieu, Lynn A. Dugle, William A. Jeffrey, Syaru Shirley Lin, Abhijit Y. Talwalkar, Mark C. Trudeau, Dawn C. Willoughby, and Laura H. Wright have been appointed as directors of Irish TEL, whose terms each expire at the 2025 annual general meeting of shareholders.
Harold G. Barksdale, Matthew M. Pilcher, Daniel T. Morgan and Sarah Myriam Huot De Saint Albin resigned as directors of Irish TEL.
Terrence R. Curtin, Heath A. Mitts, Carol A. (“John”) Davidson, Jean Pierre Clamadieu, Lynn A. Dugle, William A. Jeffrey, Syaru Shirley Lin, Abhijit Y. Talwalkar, Mark C. Trudeau, Dawn C. Willoughby, and Laura H. Wright have been appointed as directors of Irish TEL, whose terms each expire at the 2025 annual general meeting of shareholders.
Max materiality 0.90 · Median 0.65 · Most common event earnings