TE Connectivity Director William Jeffrey Will Leave Board In March 2027, Says No Dispute Behind It
An 8-K says Jeffrey will not stand for re-election at the 2027 annual meeting and that the decision involved no disagreement.
TE Connectivity director William A. Jeffrey plans to retire from the board and will not seek re-election at the company's 2027 annual meeting, according to an 8-K filed Wednesday. He told the company of his decision on Tuesday.
What the 8-K says
The filing, made under Item 5.02, the section that covers departures of directors and officers, says Jeffrey notified TE Connectivity plc on October 6 that he has decided to retire from the board. He will not stand for re-election at the Annual General Meeting of Shareholders to be held in March 2027.
The filing also addresses motive. Jeffrey advised the company that his decision "did not involve any disagreement with the Company."
The 8-K was signed Wednesday by Harold G. Barksdale, the company's Vice President and Corporate Secretary. The report covers a single event, Jeffrey's notice, and nothing else.
What it changes
Nothing changes on the board right away. Because Jeffrey's term runs until the March 2027 meeting, he stays a director until then.
The filing names no successor and does not say whether the seat will be filled or removed. It gives no reason for his retirement beyond the statement that no disagreement was involved.
TE Connectivity shares closed at $219.51 in Tuesday trading, up 0.26% for the session, before the filing became public on Wednesday morning (market data). The filing carries no stock-related information.
What to watch
The March 2027 annual general meeting is the date that ends Jeffrey's board service. Any replacement director would have to be named in a later disclosure, since this filing names none.
Jeffrey's seat is safe until the March 2027 meeting, and the 8-K gives no word on who comes next.
Sources
- 8-K Filing — TE Connectivity plc (TEL) — SEC EDGAR
