8-KLeadership ChangesExhibits & Filings

AMPHENOL CORP /DE/ 8-K Report, Executive Changes (Jul 29, 2021)

Filed July 29, 2021For Securities:APH

Summary

Amphenol Corporation announced a change to its Board of Directors, increasing its size from nine to ten members and appointing Nancy Altobello as a new director, effective immediately as of July 27, 2021. This expansion and appointment are designed to enhance board oversight and leverage Ms. Altobello's expertise. Ms. Altobello is considered an independent director and will receive standard compensation for non-employee directors, including an interim prorated grant of restricted shares. Investors should note that this announcement primarily concerns corporate governance and board composition. While Ms. Altobello's appointment is a positive step for governance, this 8-K filing does not contain updates on financial performance, operational results, or significant business developments. The information provided is largely procedural and related to the board's structure and compensation practices, as detailed in previous filings and a concurrently issued press release.

Key Highlights

  • 1Amphenol Corporation's Board of Directors has been expanded from nine to ten members.
  • 2Nancy Altobello has been appointed as a new director, effective immediately (July 27, 2021).
  • 3Ms. Altobello is classified as an independent director under NYSE listing standards.
  • 4She will receive compensation typical for non-employee directors, including cash and equity.
  • 5Ms. Altobello will receive a prorated interim grant of restricted shares.
  • 6There are no disclosed related-party transactions or specific arrangements with Ms. Altobello.
  • 7The filing primarily addresses a change in corporate governance and board composition.

Frequently Asked Questions

The primary purpose of this 8-K filing is to report a change in Amphenol Corporation's corporate governance structure. Specifically, it announces the increase in the size of the Board of Directors and the appointment of a new director, Nancy Altobello.

Nancy Altobello is a 63-year-old individual appointed as a new member of Amphenol's Board of Directors. She has been deemed an independent director by the New York Stock Exchange standards and will serve until the next annual stockholders meeting, receiving standard director compensation.

No, this 8-K filing does not contain any financial statements, earnings updates, or operational performance details. It is focused solely on the changes in the Board of Directors and related governance matters.

Ms. Altobello will receive compensation in accordance with Amphenol's standard practices for non-employee directors. This includes both cash and equity compensation, with a specific mention of an interim grant of restricted shares that will be prorated from her appointment date until the next annual stockholder meeting.