STRATTEC SECURITY CORPORATION names senior automotive parts executive as CEO

Company Leadership - STRATTEC SECURITY CORPORATION has appointed Jennifer L. Slater as President and Chief Executive Officer effective July 1, 2024, following the interim leadership of Rolando Guilott [2][6] - Slater brings over 25 years of experience in general management, engineering, finance, sales, and strategy, having previously served as Executive Vice President and General Manager at Sensata Technologies [2][3] Strategic Vision - Slater has successfully led a significant transformation at Sensata Technologies, shifting from internal combustion products to electrified systems, focusing on both immediate execution and long-term growth [3] - She expressed enthusiasm for leading STRATTEC, aiming to position the company for continued growth in the automotive products industry [4] Industry Experience - Slater's background includes leadership roles at Clarios, LLC, where she managed a $3.3 billion battery business, and Johnson Controls International plc, where she held various senior positions [7] - The Board Chair, F. Jack Liebau, Jr., emphasized Slater's extensive automotive industry experience and her alignment with the Board's goals of growth and increasing shareholder value [6] Community Engagement - Slater is actively involved in the Milwaukee community, particularly in promoting STEM education for elementary students, and intends to continue this support [8] Company Overview - STRATTEC designs, develops, manufactures, and markets automotive access control products, including mechanical and electronically enhanced locks, ignition lock housings, and various power systems [9] - The company has a strategic partnership with WITTE Automotive and ADAC Automotive, allowing it to market products globally under the "VAST Automotive Group" brand [9]