CTS Corporation Appoints Pratik Trivedi as Chief Operating Officer
Rhea-AI Summary
CTS (NYSE:CTS) announced the appointment of Pratik Trivedi as Chief Operating Officer, effective December 5, 2025. Mr. Trivedi is currently Senior Vice President at CTS and previously held leadership roles at Eaton and Cummins, bringing described industry experience to the COO role. The company said the appointment supports execution of its growth strategy, with Chairman and CEO Kieran O'Sullivan expressing confidence in Trivedi's leadership and track record since joining CTS.
Positive
- COO appointment effective Dec 5, 2025
- Internal promotion from Senior Vice President reduces external search time
- Prior leadership experience at Eaton and Cummins cited
Negative
- None.
News Market Reaction
On the day this news was published, CTS gained 0.16%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Peers showed mixed moves: ROG up 3.24%, BELFB up 2.39%, while DAKT fell 0.82% and ALNT slipped 0.4%, suggesting the CTS move was more stock-specific than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 26 | COO appointment | Positive | +0.2% | Named Pratik Trivedi as Chief Operating Officer effective December 5, 2025. |
| Nov 07 | Dividend/buyback | Positive | -0.7% | Declared $0.04 dividend and authorized new $100 million share repurchase program. |
| Nov 06 | Board appointment | Positive | -5.2% | Appointed Kimberly Banks MacKay to Board with key committee roles. |
| Nov 03 | Conference participation | Neutral | +0.7% | Announced participation in 17th Annual Southwest IDEAS Conference with webcast access. |
| Oct 28 | Q3 2025 earnings | Negative | -4.5% | Reported Q3 sales growth but lower net income and EPA-related charge, narrowed 2025 guidance. |
Recent governance and capital allocation announcements sometimes saw negative reactions, while operational or earnings updates more often aligned with price moves.
Over the last few months, CTS reported mixed but growing fundamentals, with Q3 2025 sales at $143 million and adjusted EPS of $0.60. Governance and leadership updates included adding Kimberly Banks MacKay to the Board and now appointing Pratik Trivedi as COO effective December 5, 2025. Capital return actions featured a $0.04 dividend and a new $100 million repurchase plan. Today’s COO appointment follows this series of strategic and governance-focused steps.
Market Pulse Summary
This announcement elevated an internal senior vice president, Pratik Trivedi, to COO effective December 5, 2025, emphasizing execution of CTS’s growth strategy. It follows Q3 2025 results with sales of $143 million and prior actions like a $0.04 dividend and $100 million repurchase authorization. Investors may track how this leadership change complements existing strategy, operational performance, and balance sheet actions such as the new $300 million revolving credit facility.
AI-generated analysis. Not financial advice.
LISLE, Ill. , Nov. 26, 2025 (GLOBE NEWSWIRE) -- CTS Corporation today announced the appointment of Pratik Trivedi to Chief Operating Officer (COO), effective December 5. Mr. Trivedi, who is Senior Vice President at CTS, brings deep industry experience from prior leadership positions at Eaton Corporation and Cummins Inc.
"I am very pleased that Pratik will assume the role of COO. His experience, focus and leadership will be important to executing our growth strategy,” commented Kieran O'Sullivan, Chairman and CEO of CTS. "Pratik has demonstrated an ability to lead and deliver results since joining CTS and I am confident that he will be highly effective as COO."
About CTS
CTS Corporation (NYSE: CTS) is a leading designer and manufacturer of products that Sense, Connect and Move. CTS manufactures sensors, actuators and electronic components in North America, Europe and Asia, and provides engineered products to customers in the aerospace/defense, industrial, medical and transportation markets. For more information, visit www.ctscorp.com.
Contact
Ashish Agrawal
Vice President and Chief Financial Officer
CTS Corporation
4925 Indiana Avenue
Lisle, IL 60532 USA
+1 (630) 577-8800
ashish.agrawal@ctscorp.com