Business Context and Reporting Period
This Form 8-K is a current report filed by Aptiv PLC on September 13, 2018. The filing primarily addresses corporate governance changes rather than financial performance for a specific reporting period.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report does not contain financial statements or operational metrics.
Material Changes
The material change disclosed is the appointment of a new director to the Board of Directors.
Management Commentary and Corporate Actions
- Board Appointment: On September 13, 2018, the Board appointed Robert K. (Kelly) Ortberg as a director, effective immediately.
- Committee Assignments: Mr. Ortberg will serve on the Compensation and Human Resources Committee and the Innovation and Technology Committee.
- Background: Mr. Ortberg is the Chairman, President, and CEO of Rockwell Collins, Inc., having joined that company in 1987. He holds a Bachelor of Science in mechanical engineering from the University of Iowa.
- Conflicts of Interest: The filing states Mr. Ortberg has no direct or indirect material interest in any transaction requiring disclosure under Item 404(a) of Regulation S-K.
Investor Verification Checklist
- Verify the effective date of Robert K. Ortberg's board appointment (September 13, 2018).
- Confirm his specific committee assignments (Compensation and Human Resources; Innovation and Technology).
- Review the attached Press Release (Exhibit 99.1) for additional context on the appointment.
- Note that this filing contains no financial data; refer to the most recent 10-Q or 10-K for financial metrics.