Who is Anne Clarke Wolff and why was she appointed to the Board?

Anne Clarke Wolff is a seasoned financial professional, currently serving as Managing Director and Head of Global Corporate Banking and Global Leasing at Bank of America Merrill Lynch. She was appointed to Amphenol's Board of Directors to fill a vacancy created by the board's expansion, bringing her extensive financial expertise to the company's governance.

How will Ms. Wolff be compensated for her role as a director?

Ms. Wolff will be compensated according to Amphenol's standard practices for non-employee directors, which includes both cash and equity. She will also receive a prorated interim grant of restricted shares under the company's 2012 Restricted Stock Plan for Directors, covering the period from her appointment to the next annual stockholders meeting.

Is Ms. Wolff considered an independent director?

Yes, the Board has determined that Ms. Wolff is an independent director, meeting the requirements set forth by the New York Stock Exchange listing standards.

Are there any conflicts of interest with Ms. Wolff's appointment?

The filing explicitly states that there are no transactions between Ms. Wolff and Amphenol that would need to be reported under Item 404(a) of Regulation S-K, indicating no immediate conflicts of interest based on disclosed information.

APH 8-K: Leadership Changes

Summary

Amphenol Corporation (APH) announced a governance change via an 8-K filing on April 2, 2018, detailing an expansion of its Board of Directors and the appointment of a new independent director. The board increased its size from nine to ten members and appointed Anne Clarke Wolff as a director, effective immediately on March 30, 2018. Ms. Wolff brings significant financial industry experience, currently serving as Managing Director and Head of Global Corporate Banking and Global Leasing at Bank of America Merrill Lynch. Her appointment is a strategic move to enhance board expertise. Investors can expect her compensation to align with the company's standard non-employee director practices, including prorated equity grants.

Key Highlights

1Amphenol Corporation's Board of Directors has been expanded from nine to ten members.
2Anne Clarke Wolff has been appointed as a new independent director to the Board, effective March 30, 2018.
3Ms. Wolff brings valuable experience from her role as Managing Director at Bank of America Merrill Lynch.
4The company confirmed Ms. Wolff meets the independence requirements under NYSE listing standards.
5Ms. Wolff will receive compensation in line with Amphenol's established non-employee director plans.
6An interim grant of restricted shares will be provided to Ms. Wolff, prorated from her appointment date.
7There are no reportable related-party transactions between Ms. Wolff and Amphenol.

AMPHENOL CORP /DE/ 8-K Report, Executive Changes (Apr 2, 2018)

Summary

Key Highlights

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