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Sensata Technologies Holding plc (NYSE:ST), a $4.6 billion market cap industrial technology company with annual revenues of $3.8 billion, announced Monday that Andrew Lynch has been appointed Executive Vice President and Chief Financial Officer, effective immediately. The announcement was made in a press release statement and disclosed in a filing with the Securities and Exchange Commission. According to InvestingPro data, the company has demonstrated resilient performance with a 16.1% year-to-date stock return, positioning itself for growth ahead of its upcoming earnings release on July 29.
Lynch, age 37, joined Sensata in 2009 and most recently served as Interim Chief Financial Officer and principal financial officer since May 16, 2025. Prior to this interim role, he was Vice President, Finance for the Performance Sensing Segment beginning in 2023 and led the company’s investor relations function since 2024. From 2021 to 2023, Lynch held the position of Vice President, Finance for the Sensing Solutions Segment. Between 2019 and 2023, he served as regional CFO for Europe, overseeing finance and accounting matters across the region. Earlier roles included Finance Director for the HVOR business, additional responsibility for the Aerospace business, Corporate Accounting Manager, and Integration Controller. Lynch holds a Bachelor of Science degree in Corporate Finance and Accounting from Bentley University.
According to the SEC filing, Lynch’s annual base salary will be $540,000, subject to periodic review by the company’s Compensation Committee. He is also eligible for an annual cash bonus targeted at 100% of his base salary. In connection with his appointment, Lynch will receive a $600,000 equity grant, divided into 45% restricted stock units and 55% performance-based restricted stock units. He will be entitled to severance benefits as outlined in Sensata’s Severance and Change in Control Plan effective as of April 26, 2024, and will participate in the same benefit programs offered to other executive officers.
The company stated that Lynch does not have any arrangements or understandings with other persons related to his appointment, nor does he have family relationships with any company director or executive officer. He has no material interest in any transaction requiring disclosure under SEC regulations.
The employment agreement between Lynch and Sensata Technologies, Inc., a subsidiary of the company, will be filed with the firm’s Quarterly Report on Form 10-Q for the period ending June 30, 2025.
In other recent news, Sensata Technologies reported several significant developments. The company announced a quarterly dividend of $0.12 per share for the third quarter of 2025, set to be distributed on August 27, 2025. Sensata also introduced its High Efficiency Contactor, designed to enable electric vehicles with 800V systems to charge at 400V stations, addressing compatibility challenges in the EV market. Furthermore, BofA Securities raised its price target for Sensata to $32.00, projecting second-quarter 2025 revenue of $939 million and earnings per share of $0.84, slightly above Street estimates. Despite the price target increase, BofA maintains a Neutral rating on the stock, citing mixed factors affecting the company. Additionally, Sensata’s shareholders approved key resolutions at the Annual General Meeting, including the election of directors and the ratification of Deloitte & Touche LLP as the independent auditor. Shareholders also supported resolutions on executive and director compensation, along with share repurchase contracts. These developments reflect Sensata’s ongoing strategic and financial maneuvers.
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