Business Context and Reporting Period
This Form 8-K filing by Littelfuse, Inc. (LFUS) was submitted on August 6, 2026. The report discloses a corporate governance change involving the Board of Directors.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel appointments and does not contain financial performance data.
Material Changes
- Board Expansion: The Board of Directors increased its size from eight to nine members.
- New Appointment: Todd Kelsey was appointed as a director effective August 6, 2026.
- Committee Assignment: Mr. Kelsey was appointed to the Compensation Committee.
- Independence: The Board determined Mr. Kelsey is an independent director under Nasdaq listing standards and Rule 10A-3 of the Exchange Act.
Management Commentary and Background
Mr. Kelsey is currently the President and Chief Executive Officer of Plexus Corp., a $4.5 billion global technology enterprise with 20,000 employees across seven countries. He has held executive roles at Plexus since 1994. His background includes leadership in Aerospace/Defense, Industrial, SemiCap, Data Center, and Healthcare/Life Sciences markets. He also serves on the boards of Steelcase Inc. and Wisconsin Manufacturers and Commerce.
Regarding compensation, Mr. Kelsey will receive standard non-employee director compensation, including an initial equity award consisting of a pro-rated portion of the annual restricted stock units granted to independent directors.
Investor Verification Checklist
- Verify the definitive proxy statement filed on March 12, 2026, for details on non-employee director compensation practices.
- Confirm the independence status of Todd Kelsey relative to any potential conflicts of interest with Plexus Corp.
- Review the attached press release (Exhibit 99.1) for additional context on the appointment.
- Note that this filing contains no financial updates; refer to the most recent 10-Q or 10-K for financial metrics.