Summary
This 8-K filing from TE Connectivity plc (TEL) reports a significant change within its Board of Directors. Effective November 12, 2018, John C. Van Scoter has informed the company of his decision to retire and will not seek re-election at the upcoming 2019 Annual General Meeting. This departure is framed as a planned retirement, with Mr. Van Scoter confirming no disagreements with the company's management or operations.
Key Highlights
- 1John C. Van Scoter, a member of the Board of Directors, has decided to retire.
- 2Mr. Van Scoter will not stand for re-election at the 2019 Annual General Meeting of Shareholders.
- 3The retirement is effective upon the conclusion of his current term.
- 4Mr. Van Scoter's decision to retire is personal and not due to any disagreement with the Company.
- 5The Board of Directors will see a change in its composition following the 2019 Annual General Meeting.
Frequently Asked Questions
John C. Van Scoter is a member of the Board of Directors at TE Connectivity Ltd. He has decided to retire from the Board.
Mr. Van Scoter will not stand for re-election at the Company's 2019 Annual General Meeting of Shareholders, which is scheduled for March 13, 2019. His tenure on the Board will conclude at that time.
No, the filing explicitly states that Mr. Van Scoter advised the Company that his decision to not stand for re-election did not involve any disagreement with the Company. This indicates a smooth and amicable transition.
This 8-K filing solely pertains to a change in board membership. It does not report on financial performance, operational changes, or any other business updates that would directly impact the company's financial standing or day-to-day operations.