CTS Corp Appoints New CFO, Brian J. Sullivan
Ticker: CTS · Form: 8-K · Filed: 2024-09-10T00:00:00.000Z
Sentiment: neutral
Topics: executive-change, cfo
TL;DR
CTS Corp just hired Brian J. Sullivan as CFO, replacing K. Robert Miller.
AI Summary
On September 4, 2024, CTS Corporation announced changes to its executive team. Effective September 4, 2024, Brian J. Sullivan was appointed as the new Chief Financial Officer. Additionally, the company reported that Brian J. Sullivan will also serve as Principal Accounting Officer. This filing also notes the departure of K. Robert Miller from his role as Chief Financial Officer.
Why It Matters
A change in Chief Financial Officer can signal shifts in financial strategy or operational focus for the company.
Risk Assessment
Risk Level: low — This filing primarily concerns executive officer changes and does not involve significant financial transactions or strategic shifts that would inherently increase risk.
Key Players & Entities
- CTS Corporation (company) — Registrant
- Brian J. Sullivan (person) — Appointed Chief Financial Officer and Principal Accounting Officer
- K. Robert Miller (person) — Departed Chief Financial Officer
- September 04, 2024 (date) — Effective date of appointment and departure
FAQ
Who has been appointed as the new Chief Financial Officer of CTS Corporation?
Brian J. Sullivan was appointed as the new Chief Financial Officer of CTS Corporation, effective September 4, 2024.
What other role will Brian J. Sullivan assume?
Brian J. Sullivan will also serve as the Principal Accounting Officer for CTS Corporation.
Who previously held the position of Chief Financial Officer?
K. Robert Miller previously held the position of Chief Financial Officer and has departed from that role.
On what date were these executive changes effective?
The changes were effective as of September 4, 2024.
What is the principal business of CTS Corporation?
CTS Corporation is involved in Printed Circuit Boards, with a Standard Industrial Classification code of [3672].
From the Filing
0000950170-24-104989.txt : 20240910 0000950170-24-104989.hdr.sgml : 20240910 20240910124457 ACCESSION NUMBER: 0000950170-24-104989 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 11 CONFORMED PERIOD OF REPORT: 20240904 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20240910 DATE AS OF CHANGE: 20240910 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CTS CORP CENTRAL INDEX KEY: 0000026058 STANDARD INDUSTRIAL CLASSIFICATION: PRINTED CIRCUIT BOARDS [3672] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 350225010 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04639 FILM NUMBER: 241289454 BUSINESS ADDRESS: STREET 1: 4925 INDIANA AVENUE CITY: LISLE STATE: IL ZIP: 60532 BUSINESS PHONE: 6305778800 MAIL ADDRESS: STREET 1: 4925 INDIANA AVENUE CITY: LISLE STATE: IL ZIP: 60532 8-K 1 cts-20240904.htm 8-K 8-K 0000026058 false 0000026058 2024-09-04 2024-09-04   UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 04, 2024     CTS CORPORATION (Exact name of Registrant as Specified in Its Charter)     Indiana 1-4639 35-0225010 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)           4925 Indiana Avenue   Lisle , Illinois   60532 (Address of Principal Executive Offices)   (Zip Code)   Registrant’s Telephone Number, Including Area Code: (630) 577-8800     (Former Name or Former Address, if Changed Since Last Report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, no par value   CTS   The New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐   Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.   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. Mr. White’s departure from the Company is not a result of any disagreement with the Company’s independent auditors or any member of management on any matter of accounting principles or practices, financial statement disclosure, or internal controls. Ashish Agrawal, the Company’s Vice President and Chief Financial Officer, will act as the Company̵