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PLXS > SEC Filings for PLXS > Form 8-K on 10-Jun-2013All Recent SEC Filings

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Form 8-K for PLEXUS CORP


Change in Directors or Principal Officers, Financial Statements and Exhibits

Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 10, 2013, Todd P. Kelsey was named as Chief Operating Officer of Plexus Corp. ("Plexus" or the "Company").
Mr. Kelsey, age 48, began serving as Plexus' Senior Vice President, Global Customer Services in 2007, and was named Executive Vice President in 2011. Mr. Kelsey joined Plexus in 1994 as a Design Engineer, and served as Vice President and then as Senior Vice President of Plexus' Technology Group from 2001 to 2007. Mr. Kelsey earned his B.S. and M.S. in electrical engineering from the University of Wisconsin-Madison and his M.B.A from the University of Wisconsin-Oshkosh.
As a result of Mr. Kelsey's new responsibilities, his base salary was increased to $450,000 annually and his annual cash incentive targeted award opportunity under the Variable Incentive Compensation Plan was increased to 80% of his base salary. Since Mr. Kelsey is currently an executive officer of the Company, and is one of its "named executive officers," information regarding the other features of his compensation and the terms of his employment (including his change in control agreement) is included in "Compensation Discussion and Analysis" and "Executive Compensation" in Plexus' definitive proxy statement for its 2013 annual meeting of shareholders, which was filed with the Securities and Exchange Commission on December 12, 2012, and is incorporated herein by reference.
The Company's press release announcing this change is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 8.01 Other Events.

Also on June 10, 2013, Steven J. Frisch was named Executive Vice President, Global Customer Services. Mr. Frisch has been with Plexus since 1990, serving as Senior Vice President of Global Engineering Solutions since 2007, and concurrently as Regional President - Plexus EMEA since 2010. Mr. Frisch holds a B.S. in electrical engineering and technology from the Milwaukee School of Engineering and a M.S. in electrical engineering and computer science from Marquette University.

The Company's press release announcing this change, and other related developments, is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01 Financial Statement and Exhibits.

(d) Exhibits.

99.1 Plexus Corp. Press Release, dated June 10, 2013.

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