LITTELFUSE,INC. (NASDAQ:LFUS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 10, 2018, the Board of Directors (the “Board”) of Littelfuse, Inc. (the “Corporation”) increased the number of members of the Board from nine to ten and appointed Ms. Kristina A. Cerniglia to the Board to fill the resulting vacancy. Ms. Cerniglia has not been appointed to serve on a Board committee at this time and is not currently expected to be appointed to any Board committee.
Ms. Cerniglia will hold office until her successor is duly elected and qualified or upon her earlier death, resignation or removal. There is no arrangement or understanding between Ms. Cerniglia and any other person to which Ms. Cerniglia was appointed as a director. Ms. Cerniglia has no direct or indirect material interest in any transaction required to be disclosed to Item 404(a) of Regulation S-K promulgated under the Securities Exchange Act of 1934, as amended. The Board has determined that Ms. Cerniglia is an independent director under the listing standards of the Nasdaq Stock Market.
Ms. Cerniglia has served as Senior Vice President and Chief Financial Officer for Hillenbrand, Inc. (NYSE:HI), a global diversified industrial company with multiple market-leading brands that serve a wide variety of industries across the globe, since 2014. From 2010 to 2014, Ms. Cerniglia served as Vice President and Corporate Controller at Stanley Black & Decker, a global provider of power and hand tools, mechanical access solutions and electronic monitoring systems.
As a non-employee director, Ms. Cerniglia will receive compensation in accordance with the Corporation’s non-employee director compensation practices, which are described in the Corporation’s definitive proxy statement filed with the Securities and Exchange Commission on March 16, 2018.
On December 10, 2018, Littelfuse issued a press release announcing the appointment of Ms. Cerniglia to serve as a director of the Corporation. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
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Item 9.01 |
Financial Statements and Exhibits. |
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(d) |
Exhibits |
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The following exhibit is furnished with this Form 8-K: |
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99.1Press Release, dated December 10, 2018 |
LITTELFUSE INC /DE ExhibitEX-99.1 2 bodmember_cernigliapressre.htm EXHIBIT 99.1 Exhibit Exhibit 99.1NEWS RELEASELittelfuse Inc.8755 West Higgins Road,…To view the full exhibit click here
About LITTELFUSE,INC. (NASDAQ:LFUS)
Littelfuse, Inc. is a supplier of circuit protection products for the electronics, automotive and electrical industries. The Company operates through three segments: Electronics, Automotive and Industrial. Its Electronics segment provides circuit protection components to manufacturers of a range of electronic products, including mobile phones, computers, liquid-crystal-display televisions, telecommunications equipment, medical devices, lighting products and white goods. Its Automotive segment provides circuit protection products to the automotive original equipment manufacturers and parts distributors of passenger automobiles, trucks, buses and off-road equipment. Its Industrial segment provides circuit protection products for industrial and commercial customers, which include power fuses and other circuit protection devices that are used in commercial and industrial buildings and large equipment, such as heating, ventilation and air conditioning systems, elevators and machine tools.
