Sensata Technologies Holding plc filed SEC Form 8-K: Leadership Update
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Industrial Machinery/Components
Industrials
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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): July 17, 2024
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Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. | ||||
On July 17, 2024, the Board of Directors of Sensata Technologies Holding plc (the “Company”) appointed Richard Siedel, age 44, as the Company’s principal accounting officer pursuant to Rule 16a-1(f) of the Securities Exchange Act of 1934, as amended, with immediate effect. Mr. Siedel joined the company as Vice President and Chief Accounting Officer on May 15, 2024, and he will serve until the election and qualification of his successor or until his earlier resignation, retirement or removal. Mr. Siedel does not have (i) any arrangements or understandings with any other person pursuant to which he was selected to serve as an officer; (ii) any family relationships with any director or executive officer of the Company or any person nominated or chosen by the Company to become a director or executive officer; or (iii) any direct or indirect material interest in any transaction or series of transactions contemplated by Item 404(a) of Regulation S-K. Mr. Siedel does not have an employment agreement with the Company.
Upon the effective date of Mr. Siedel’s appointment as principal accounting officer, Brian Roberts, the Company’s Chief Financial Officer, will no longer serve as the Company’s principal accounting officer, but will continue to serve in his roles as the Company’s Executive Vice President, Chief Financial Officer and principal financial officer. There will be no change in compensation for Mr. Siedel or Mr. Roberts in connection with Mr. Siedel’s assumption of the principal accounting officer role.
Prior to joining the Company in May 2024, Mr. Siedel held multiple leadership positions with RMR Group (Nasdaq: RMR) between 2013 and 2024, including Chief Financial Officer of Diversified Healthcare Trust (Nasdaq: DHC) from 2016 to 2023, Chief Financial Officer of Industrial Logistics Properties Trust (Nasdaq: ILPT) from 2017 to 2022 and Chief Accounting Officer of Five Star Quality Care from 2014 to 2015. Mr. Siedel previously served in various roles including Corporate Controller for the Company from 2010 to 2013 and was an auditor at Ernst and Young LLP from 2001 to 2010. Mr. Siedel is a Certified Public Accountant in Massachusetts.
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SIGNATURES
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.
| SENSATA TECHNOLOGIES HOLDING PLC | |||||||||||||||||
| /s/ David K. Stott | |||||||||||||||||
| Date: | July 23, 2024 | Name: David K. Stott | |||||||||||||||
| Title: Senior Vice President, General Counsel and Corporate Secretary | |||||||||||||||||
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