CTS CORP (CTS) Form 8-K — Jun 25, 2026
CTS Corporation announced a leadership transition effective July 6, 2026, with President and CEO Kieran O'Sullivan stepping down to become Executive Chairman. The Board appointed Pratik Trivedi, the current Chief Operating Officer, as the new President and CEO, increasing the Board size from eight to nine members. Mr. Trivedi, age 47, has served as COO since December 2025 and joined CTS in April 2024.
Key figures
- Board size change
- 8 to 9
- New ceo base salary
- 675000
- Exec chair base salary
- 625000
- New ceo lti award value
- 2150000
- New ceo target annual lti
- 2650000
- New ceo target bonus percent
- 100
- Exec chair target bonus percent
- 100
Price after filing
1 day: 0.0%7 days: -9.5%30 days: -8.8%
Close on the filing date to close N calendar days later (from $66.82). Historical, not a forecast.
AI analysis
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