8-KThe WireRed Alert
Executive Change
Filed Nov 6, 2020 · 5y ago · Accession 0001104659-20-122289
Plain English
Material event — a significant development the company must disclose promptly.
Read the source below for the full document.
Filing text
View original ↗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): October
28, 2020
Preformed
Line Products Company
(Exact name of registrant
as specified in its charter)
Ohio
0-31164
34-0676895
(State or other jurisdiction of incorporation
(Commission File Number)
(IRS Employer
Identification No.)
660
Beta Drive
Mayfield
Village , Ohio
44143
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including
area code: ( 440 ) 461-5200
Not Applicable
(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 (see General Instructions
A.2. below):
¨ 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:
Common
PLPC
NASDAQ
(Title of each class)
(Ticker symbol)
(Name of each exchange on which registered)
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 October 28, 2020, Mr. David C. Sunkle,
Vice President, Research, Engineer and Manufacturing, of Preformed Line Products Company (the “Company”), announced
his plans to retire from such position with the Company on December 31, 2020. Mr. Sunkle has been employed at the Company for 42
years, holding various positions. Mr. John Hostetter and Mr. John Olenik will be his successor, with Mr. Olenik (current Vice President
– Engineering) continuing to be responsible for all Research and Engineering, and Mr. Hofstetter becoming Executive Vice
President – US Operations, overseeing Engineering and Manufacturing.
Additionally, on October 28, 2020, the Board
of Directors of the Company approved appointing Mr. Sunkle to the Board of Directors, for a term commencing January 1, 2021 and
ending when his successor has been duly elected and qualified at the annual meeting of shareholders in 2022 or until his earlier
resignation or removal. The size of the Board of Directors will increase from eight to nine members upon the effectiveness of Mr.
Sunkle’s appointment. Mr. Sunkle will receive an annual retainer fee of $40,000. Additionally, the Audit Committee approved,
and the Company entered into, a contract with Mr. Sunkle under which he will provide consulting services to the Company on a limited
basis following his retirement.
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Preformed Line Products Company
Dated: November 6, 2020
By:
/s/ Caroline Vaccariello
Caroline Vaccariello
General Counsel and Corporate Secretary
Filing details
- Company
- PREFORMED LINE PRODUCTS CO
- Ticker
- PLPC
- CIK
- 80035
- Form type
- 8-K
- Filing date
- Nov 6, 2020
- Report date
- Oct 28, 2020
- Document
- tm2035298-1_8k.htm
- Size
- 191 KB