Preformed Line Products Company filed a Form 8-K on October 30, 2026, disclosing the retirement of longtime director Glenn E. Corlett from its Board of Directors and a resulting reduction in board size to seven members.

Key Highlights

  • Retirement effective October 28, 2026: Glenn E. Corlett notified the Board of his retirement on that date, according to the filing.
  • 22 years of service: The filing states Mr. Corlett had served as a director since 2004.
  • Committee roles vacated: Mr. Corlett served as Chairman of the Compensation Committee and as a member of the Audit Committee.
  • Board reduced to seven directors: The Board reduced its size due to the vacancy created by Mr. Corlett's retirement.
  • Audit Committee appointment: R. Steven Kestner, an existing Board member, was appointed to serve on the Audit Committee.

Board Restructuring at Preformed Line Products Following Corlett Departure

Preformed Line Products Company (NASDAQ:PLPC), headquartered in Mayfield Village, Ohio, disclosed in its October 30, 2026 Form 8-K that Glenn E. Corlett informed the company's Board of Directors on October 28, 2026 of his intention to retire, with the retirement effective as of that same date. According to the filing, Mr. Corlett had served on the Board since 2004, a tenure of 22 years.

The filing noted that Mr. Corlett held two committee positions at the time of his departure: Chairman of the Compensation Committee and member of the Audit Committee. The filing states that "the Company and the Board greatly appreciate Mr. Corlett's significant contributions over the last 22 years." Following his retirement, the Board responded to the resulting vacancy by reducing its total membership from eight to seven directors, rather than initiating a search to fill the open seat.

To address the change in Audit Committee composition, the Board appointed R. Steven Kestner, who was already a sitting member of the Board, to serve on the Audit Committee. The filing does not indicate any changes to the Compensation Committee chairmanship or membership at this time. The 8-K was signed by Caroline S. Vaccariello, General Counsel and Corporate Secretary of Preformed Line Products Company.

What Was Disclosed

The filing reported the October 28, 2026 retirement of director Glenn E. Corlett after 22 years of service, a reduction of the Board to seven directors, and the appointment of R. Steven Kestner to the Audit Committee.