Company: BHE
Filing Date: 2025-12-16
Form Type: 8-K
Source: 0001193125-25-320862
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Company: BENCHMARK ELECTRONICS INC
Filing Date: 2025-12-16
Form: 8-K
Item: Item 5.02
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As previously announced, David Moezidis will succeed Jeffrey W. Benck as the Company’s Chief Executive Officer upon Mr. Benck’s retirement on March 31, 2026. Also as previously announced, David L. Cummings recently succeeded Mr. Moezidis as Chief Commercial Officer following Mr. Moezidis’ promotion to President as part of the Company succession planning. In recognition of Mr. Moezidis’ promotion to President during this transition period, the Human Capital and Compensation Committee of the Board of Directors approved an increase in Mr. Moezidis’ base salary from $546,300 to $650,000 together with an increase in his target annual cash incentive compensation from $409,725 to $487,500 (as a percentage of salary, Mr. Moezidis’ target annual cash incentive compensation remains unchanged at 75%).