Universal Electronics (NASDAQ: UEIC) strategist Ramzi Ammari to retire in May 2026

Rhea-AI Filing Summary

Universal Electronics Inc. announced that Ramzi Ammari, Senior Vice President of Corporate Planning and Strategy, has decided to retire, effective May 29, 2026. He informed the company of his decision on March 13, 2026. The role covers long-term planning and strategic initiatives for the business.

The company and Mr. Ammari signed a letter agreement that provides for a severance-style payment if his employment is terminated by the company without cause before his planned retirement date. In that case, he would receive his current base salary from the termination date through May 29, 2026, conditioned on signing and not revoking the company’s standard separation agreement and release.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 _______________________________________  

FORM 8-K

  _______________________________________  

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 13, 2026

  _______________________________________ 

UNIVERSAL ELECTRONICS INC.

(Exact name of Registrant as specified in its charter)

  _______________________________________ 

Delaware			0-21044			33-0204817
(State or other jurisdiction			(Commission File No.)			(I.R.S. Employer
of incorporation)						Identification No.)

15147 N. Scottsdale Road, Suite H300, Scottsdale, Arizona 85254-2494

(Address of principal executive offices and zip code)

(480) 530-3000

(Registrant’s telephone number, including area code)

  _______________________________________ 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class			Trading Symbols			Name of each exchange on which registered
Common Stock, par value $0.01 per share			UEIC			The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨

Item 5.02 Departure of Directors or Certain Officers; Elections of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On March 13, 2026, Ramzi Ammari, Senior Vice President, Corporate Planning and Strategy of Universal Electronics Inc. (the “Company”), notified the Company of his decision to retire effective May 29, 2026. In connection therewith, the Company and Mr. Ammari entered into a letter agreement pursuant to which, in the event that Mr. Ammari’s employment with the Company is terminated without cause prior to May 29, 2026, he will be paid as a severance payment his current base salary from the date of termination through May 29, 2026, subject to his execution, delivery and non-revocation of the Company’s standard form of separation agreement and release.

1

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

						Universal Electronics Inc.
Date: March 18, 2026						By: /s/ Richard K. Carnifax
						Richard K. Carnifax
						Interim Chief Executive Officer
						(Principal Executive Officer)

2

FAQ

What leadership change did Universal Electronics Inc. (UEIC) disclose?

Universal Electronics Inc. disclosed that Ramzi Ammari, its Senior Vice President of Corporate Planning and Strategy, has decided to retire effective May 29, 2026. His role focuses on long-term planning and strategy, so this represents a planned leadership transition in a key strategic position.

When will UEIC executive Ramzi Ammari’s retirement become effective?

Ramzi Ammari’s retirement from Universal Electronics Inc. will become effective on May 29, 2026. He notified the company of his decision on March 13, 2026, allowing for an orderly transition period before his departure from the Senior Vice President, Corporate Planning and Strategy role.

What severance protection was agreed for UEIC’s Ramzi Ammari?

Universal Electronics Inc. and Ramzi Ammari agreed that if his employment is terminated without cause before May 29, 2026, he will receive his current base salary from termination through May 29, 2026. This payment is contingent on executing and not revoking the company’s standard separation agreement and release.

Under what condition does Ramzi Ammari receive continued salary at UEIC?

If Universal Electronics Inc. terminates Ramzi Ammari’s employment without cause before May 29, 2026, he will receive his current base salary through that date. This benefit only applies if he signs, delivers, and does not revoke the company’s standard separation agreement and release document.

Who signed the Universal Electronics Inc. 8-K reporting this retirement?

The 8-K report detailing Ramzi Ammari’s planned retirement was signed on behalf of Universal Electronics Inc. by Richard K. Carnifax. He is identified as the Interim Chief Executive Officer and Principal Executive Officer, indicating top-level acknowledgment of the disclosed leadership transition.

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.7 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 22.3 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 12.7 KB