EnerSys Inc. has announced a leadership change, with David M. Shaffer retiring as Chief Executive Officer and a member of the Board of Directors effective May 22, 2025. Shawn M. O'Connell has been appointed as the new President and CEO, and also joins the Board as a Class III director, effective May 23, 2025. Additionally, Andrea J. Funk, the company's Executive Vice President and Chief Financial Officer, has received an equity award aimed at aligning executive compensation with company performance and encouraging retention.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.