PLPC Announces Board Changes and Executive Compensation Updates
Ticker: PLPC · Form: 8-K · Filed: Sep 29, 2025 · CIK: 80035
| Field | Detail |
|---|---|
| Company | Preformed Line Products Co (PLPC) |
| Form Type | 8-K |
| Filed Date | Sep 29, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-of-directors
Related Tickers: PLPC
TL;DR
PLPC board shakeup and pay plan changes filed 9/29.
AI Summary
Preformed Line Products Company (PLPC) announced on September 29, 2025, changes in its board of directors and executive compensation arrangements. The filing details the departure of a director and the election of a new director, along with updates to the compensation plans for its officers.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance and compensation updates, not significant financial events.
Key Players & Entities
- Preformed Line Products Company (company) — Registrant
- September 29, 2025 (date) — Date of earliest event reported
- Ohio (location) — State of Incorporation
- 660 Beta Drive Mayfield Village, Ohio 44143 (address) — Principal Executive Offices
FAQ
Who departed from the board of directors?
The filing indicates the departure of a director, but the specific name is not provided in the excerpt.
Who was elected to the board of directors?
The filing states the election of a new director, but the specific name is not provided in the excerpt.
What specific items are covered under 'Compensatory Arrangements of Certain Officers'?
The filing mentions updates to compensatory arrangements for certain officers, but the details of these arrangements are not specified in the provided excerpt.
What is the company's principal executive office address?
The principal executive offices are located at 660 Beta Drive Mayfield Village, Ohio 44143.
What is the filing date for this 8-K report?
The report was filed as of September 29, 2025.
Filing Stats: 642 words · 3 min read · ~2 pages · Grade level 11.9 · Accepted 2025-09-29 15:05:26
Filing Documents
- plpc-20250929.htm (8-K) — 27KB
- 0000080035-25-000015.txt ( ) — 140KB
- plpc-20250929.xsd (EX-101.SCH) — 2KB
- plpc-20250929_lab.xml (EX-101.LAB) — 21KB
- plpc-20250929_pre.xml (EX-101.PRE) — 12KB
- plpc-20250929_htm.xml (XML) — 3KB
02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers. The Board of Directors (the "Board") of Preformed Line Products Company (the "Company") announces with great sadness that Michael E. Gibbons, a long-tenured director of the Company, passed away unexpectedly on September 14, 2025. Mr. Gibbons had been a director since 2008 and served as the Chairman of the Audit Committee and a member of the Compensation Committee. He was a valued and dedicated member of the Board and will be remembered for the business acumen, integrity and leadership he brought to the Board and the Company. In addition to his significant contributions to the Board and the Company over the last 17 years, Mr. Gibbons had a long and distinguished career at Brown Gibbons Lang & Company, an investment bank and financial advisory firm he founded in 1989, and was an influential figure in Northeast Ohio, involved in numerous philanthropic and charitable organizations. We are profoundly grateful for his years of guidance, insight, and dedication to the Company. He will be greatly missed, and the Company extends its deepest condolences to his family, friends and colleagues. Due to the vacancy created by Mr. Gibbons' passing, the Board reduced the size of the Board to be eight directors. The Board also appointed Matthew D. Frymier, a current member of the Board and the Audit Committee, to serve as Chairman of the Audit Committee and R. Steven Kestner, a current member of the Board and Compensation Committee, to serve as a member and as Chairman of the Compensation Committee, replacing Mr. Frymier as Chairman of such committee.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL Document)
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. PREFORMED LINE PRODUCTS COMPANY Date: September 29, 2025 By: /s/ Caroline S. Vaccariello Caroline S. Vaccariello, General Counsel & Corporate Secretary