Key Tronic Appoints Interim CFO
Ticker: KTCC · Form: 8-K · Filed: Sep 9, 2024 · CIK: 719733
| Field | Detail |
|---|---|
| Company | Key Tronic Corp (KTCC) |
| Form Type | 8-K |
| Filed Date | Sep 9, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $15,162, $16,678, $400,000, M, $190,000, $35,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, cfo-appointment
TL;DR
Key Tronic names Brett Larsen interim CFO, search for permanent is on.
AI Summary
Key Tronic Corporation announced on September 3, 2024, the appointment of Brett R. Larsen as interim Chief Financial Officer, effective immediately. Larsen, who has been with the company since 2019 and previously served as Vice President of Finance, will also continue his role as Corporate Controller. The company has initiated a search for a permanent CFO.
Why It Matters
The appointment of an interim CFO signals a transition period for the company's financial leadership, which could impact investor confidence and financial reporting.
Risk Assessment
Risk Level: medium — Changes in key financial leadership can introduce uncertainty regarding financial strategy and reporting, potentially affecting investor sentiment.
Key Players & Entities
- Key Tronic Corporation (company) — Registrant
- Brett R. Larsen (person) — Interim Chief Financial Officer
- September 3, 2024 (date) — Effective date of appointment
FAQ
Who has been appointed as the interim Chief Financial Officer of Key Tronic Corporation?
Brett R. Larsen has been appointed as the interim Chief Financial Officer of Key Tronic Corporation.
When was the appointment of the interim CFO effective?
The appointment was effective immediately as of September 3, 2024.
What other role does Brett R. Larsen hold at Key Tronic Corporation?
Brett R. Larsen will continue to serve as the Corporate Controller while acting as interim CFO.
Has Key Tronic Corporation initiated a search for a permanent CFO?
Yes, the company has initiated a search for a permanent Chief Financial Officer.
What is Key Tronic Corporation's principal executive office address?
Key Tronic Corporation's principal executive offices are located at 4424 North Sullivan Road, Spokane Valley, Washington 99216.
Filing Stats: 1,182 words · 5 min read · ~4 pages · Grade level 13.8 · Accepted 2024-09-09 14:17:47
Key Financial Figures
- $15,162 — September 3, 2024, of Mr. Hochberg from $15,162 to $16,678. Fiscal Years 2025-2027 Lo
- $16,678 — , 2024, of Mr. Hochberg from $15,162 to $16,678. Fiscal Years 2025-2027 Long-Term Inc
- $400,000, M — achieved, are as follows: Mr. Larsen - $400,000, Mr. Voorhees - $190,000 and Mr. Hochberg
- $190,000 — : Mr. Larsen - $400,000, Mr. Voorhees - $190,000 and Mr. Hochberg - $190,000. The paymen
- $35,000 — t performance measures are achieved, is $35,000. Actual cash payments to participants m
- $0 — payments to participants may range from $0 to 150% above target depending on the e
Filing Documents
- ktcc-20240903.htm (8-K) — 35KB
- 0000719733-24-000088.txt ( ) — 157KB
- ktcc-20240903.xsd (EX-101.SCH) — 2KB
- ktcc-20240903_lab.xml (EX-101.LAB) — 21KB
- ktcc-20240903_pre.xml (EX-101.PRE) — 12KB
- ktcc-20240903_htm.xml (XML) — 3KB
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits Exhibit Number Description 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. KEY TRONIC CORPORATION (Registrant) Date: September 9, 2024 By: /s/ Anthony G. Voorhees Anthony G. Voorhees, Executive Vice President of Administration, CFO and Treasurer 3