New TTM Technologies (NASDAQ: TTMI) directors receive key committee roles
Filing Impact
Filing Sentiment
Form Type
8-K/A
Rhea-AI Filing Summary
TTM Technologies, Inc. filed an amended report to update information about two recently appointed directors. The company had previously disclosed that Daniel G. Korte and Ryan D. McCarthy were appointed to the Board on January 29, 2026, effective May 7, 2026, but had not determined their committee roles at that time.
The amendment reports that on May 7, 2026, the Board appointed Mr. Korte to the Human Capital and Compensation Committee, the Nominating and Corporate Governance Committee, and the Government Security Committee. Mr. McCarthy was appointed to the Audit Committee and the Government Security Committee, with all committee assignments effective immediately.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Terms
Human Capital and Compensation Committee, Nominating and Corporate Governance Committee, Government Security Committee, Audit Committee
4 terms
Human Capital and Compensation Committee financial
"the Board appointed Mr. Korte to serve as a member of the Board’s Human Capital and Compensation Committee"
Nominating and Corporate Governance Committee financial
"Mr. Korte to serve as a member of the Board’s Human Capital and Compensation Committee, Nominating and Corporate Governance Committee"
A nominating and corporate governance committee is a group within a company's board of directors responsible for selecting and recommending individuals to serve as company leaders, such as directors or executives. They also develop and oversee policies to ensure the company is run fairly, ethically, and transparently. This committee matters to investors because it helps ensure the company is well-managed and guided by qualified, responsible leadership.
Government Security Committee financial
"the Board’s Human Capital and Compensation Committee, Nominating and Corporate Governance Committee and Government Security Committee"
Audit Committee financial
"the Board appointed Mr. McCarthy to serve as a member of the Board’s Audit Committee and Government Security Committee"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
FAQ
What does TTM Technologies (TTMI) disclose in this 8-K/A amendment?
TTM Technologies updates its earlier disclosure about two new directors. The amendment specifies the Board committee assignments for Daniel G. Korte and Ryan D. McCarthy that became effective on May 7, 2026, completing details that were not available in the original report.
Which committees will Daniel G. Korte serve on at TTM Technologies (TTMI)?
Daniel G. Korte will serve on three Board committees. He has been appointed to the Human Capital and Compensation Committee, the Nominating and Corporate Governance Committee, and the Government Security Committee, with each committee assignment effective as of May 7, 2026.
Which committees will Ryan D. McCarthy join at TTM Technologies (TTMI)?
Ryan D. McCarthy will serve on oversight-focused committees. He has been appointed to the Audit Committee and the Government Security Committee of the Board of Directors, with these committee roles effective immediately as of May 7, 2026.
Why did TTM Technologies (TTMI) need to amend its prior report?
The prior report named Daniel G. Korte and Ryan D. McCarthy as new directors but did not include their committee assignments. This amendment adds those specific committee roles, bringing the earlier disclosure up to date as of May 7, 2026.
When were Daniel G. Korte and Ryan D. McCarthy appointed to TTM Technologies’ Board?
The Board appointed Daniel G. Korte and Ryan D. McCarthy on January 29, 2026. Their appointments to the Board became effective on May 7, 2026, the same date on which the Board finalized and approved their committee assignments.
Who signed the TTM Technologies (TTMI) 8-K/A amendment?
The amendment was signed on behalf of TTM Technologies by Daniel J. Weber. He is identified as the company’s Executive Vice President, Chief Legal Officer and Secretary, executing the report pursuant to the Securities Exchange Act of 1934.