Littelfuse Appoints Todd Kelsey to Board; Joins Compensation Committee

What Happened
Littelfuse, Inc. (LFUS) filed an 8-K reporting that on August 6, 2026 the Board increased its size from eight to nine members and appointed Todd Kelsey as a director, effective the same day. Mr. Kelsey was also named to the Board’s Compensation Committee. The Board determined he is an independent director under Nasdaq standards and Rule 10A-3 under the Exchange Act.

Key Details

• Appointment date: August 6, 2026; Board size increased from 8 to 9.
• New director: Todd Kelsey, President & CEO of Plexus Corp.; CEO since 2016 and with Plexus since 1994.
• Plexus scale cited: ~$4.5 billion revenue, ~20,000 employees across 27 sites in seven countries.
• Compensation: Mr. Kelsey will be paid under Littelfuse’s non-employee director compensation plan and will receive a pro‑rated initial restricted stock unit award.
• Board findings: Mr. Kelsey is independent and there are no related-party transactions requiring Item 404 disclosure.

Why It Matters
Adding an experienced industry executive to the board can strengthen Littelfuse’s governance and compensation oversight—particularly given Mr. Kelsey’s operational and global manufacturing experience at Plexus. For investors, the appointment signals board refreshment and continuity of independent oversight; there are no disclosed related-party concerns and his equity award will follow existing non-employee director pay practices.