Business Context and Reporting Period
This Form 8-K filing by STRATTEC SECURITY CORP covers the reporting period of May 24, 2006. The report addresses corporate governance changes, specifically the appointment of a new director to the Board of Directors.
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 management appointments and does not contain financial statements or performance data.
Material Changes
The primary material change reported is the appointment of David R. Zimmer as a director of the Company. His appointment was effective on May 24, 2006, and was announced via a press release on May 25, 2006.
Guidance, Outlook, and Risks
The filing does not provide guidance, outlook, management commentary on operations, risks, contingencies, or unusual items. Mr. Zimmer's term is set to last until the 2006 annual meeting of shareholders or until his prior death, resignation, or removal.
Key Facts for Investor Verification
- David R. Zimmer was appointed to the Board of Directors effective May 24, 2006.
- The appointment was announced in a press release filed as Exhibit 99.1.
- Mr. Zimmer's term is temporary, ending at the 2006 annual shareholder meeting unless terminated earlier.
- No financial performance data is included in this specific filing.