Greg Lampert
About Greg Lampert
Independent director of Kimball Electronics (KE) since 2014; Class I director with next re‑election in 2027. Age 58. Former CEO and President of Omni Cable Corporation (2017–June 2023), and previously led General Cable’s Americas (2013) and North America (2008) businesses. Education: B.S. Chemical Engineering (University of Cincinnati) and MBA with Finance & Strategy concentration (University of Chicago) .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Omni Cable Corporation | Chief Executive Officer & President | 2017 – Jun 2023 | Led specialty wire & cable distributor; board director until retirement |
| General Cable | CEO – Americas; CEO – North America; prior management roles | 2008 – 2017 (CEO roles); joined 1998 | Led regional businesses; extensive sales and operations leadership |
| The Dow Chemical Company | Engineering & commercial management | Pre-1998 | Early technical and commercial experience |
| Cintas Corporation | Engineering & commercial management | Pre-1998 | Early operational/management roles |
External Roles
| Organization | Role | Tenure | Public/Private | Notes |
|---|---|---|---|---|
| Xtek Corporation | Director | Current | Private | Ongoing directorship |
| Omni Cable Corporation | Director | Through Jun 2023 | Private | Board service ended at retirement |
| Other public company boards | — | — | — | Number of other public boards: 0 |
Board Governance
- Committee assignments: Audit Committee (member); Nominating & ESG (NESG) Committee (member) .
- Committee activity: Audit Committee held 9 meetings in FY2025; all members financially literate and audit committee financial experts; NESG held 4 meetings in FY2025 .
- Independence: Identified as independent director; Board maintains majority independence and holds executive sessions of independent directors after each Board meeting .
- Attendance: Board met 7 times in FY2025; each director attended at least 75% of Board and applicable Committee meetings; all directors attended the last Annual Meeting .
- Board leadership: Independent Chairperson of the Board; committee chairs are independent .
Fixed Compensation
| Component | FY2025 Amount |
|---|---|
| Fees Earned or Paid in Cash | $82,500 |
| Stock Awards | $125,001 (6,548 shares valued at $19.09 on 11/15/2024) |
| Total | $207,501 |
Director pay policy rates (as of June 30, 2025):
| Compensation Component | Annual Rate |
|---|---|
| Annual Retainer | $65,000 |
| Annual Equity Award | $125,000 |
| Audit Committee Chair Retainer | $20,000 |
| TCC Committee Chair Retainer | $15,000 |
| NESG Committee Chair Retainer | $15,000 |
| Audit Committee Member Retainer (per committee) | $10,000 |
| TCC Committee Member Retainer (per committee) | $7,500 |
| NESG Committee Member Retainer (per committee) | $7,500 |
Notes:
- Directors may elect to receive retainer fees in common stock and/or defer fees and equity under the Non‑Employee Directors Stock Compensation Deferral Plan .
- Lampert’s FY2025 equity retainer was issued under the 2023 Equity Incentive Plan (not deferred) .
Performance Compensation
- Non‑employee director compensation does not include performance‑conditioned metrics; the equity retainer is paid in shares (no options) under the 2023 Equity Incentive Plan and/or phantom stock units via the Deferral Plan (no exercise price) .
- No director‑specific bonus, option grants, or performance share metrics are disclosed for Lampert.
Other Directorships & Interlocks
| Category | Detail |
|---|---|
| Current public company boards | None |
| Private/other boards | Xtek Corporation (director) |
| Related‑party transactions | None reported in FY2025 (Audit Committee policy requires approval/disclosure >$120,000; no conflicts reported) |
Expertise & Qualifications
- Technical and industrial leadership: Manufacturing and distribution of electronic components and industrial materials; capital planning and sales operations expertise .
- Financial oversight: Audit Committee member identified as audit committee financial expert; all Audit Committee members are financially literate and experts under SEC/Nasdaq standards .
- Education: BS Chemical Engineering (University of Cincinnati); MBA (University of Chicago, Finance & Strategy) .
Equity Ownership
| Holder | Shares Beneficially Owned | % of Outstanding |
|---|---|---|
| Gregory J. Lampert | 82,978 (includes any Deferral Plan credits payable within 60 days post‑service) | <1% (each director total is less than 1%) |
Ownership alignment policies:
- Stock ownership guidelines: Directors required to hold shares equal to 3x annual cash retainer; must retain 100% of net shares (post‑tax) until meeting guideline; target compliance within 5 years .
- Anti‑hedging/anti‑pledging: Directors and covered persons prohibited from pledging, hedging, or derivative/speculative transactions in KE securities .
Governance Assessment
- Strengths: Long-tenured independent director with industry operating experience; serves on Audit and NESG committees; identified as an audit committee financial expert; complies with strong ownership, anti‑hedging/pledging policies; no related‑party transactions reported in FY2025; robust director pay structure combining cash retainer with equity to align interests .
- Engagement and attendance: Board and committees met regularly; directors met minimum attendance thresholds and attended Annual Meeting; independent directors hold executive sessions .
- Alignment signals: Equity retainer in shares (6,548 in FY2025) and ownership guidelines foster skin‑in‑the‑game; strong say‑on‑pay track record (average 98% approval over five years), indicating investor support for compensation governance generally .
- Potential watch‑items: Classified board structure may reduce annual electoral accountability, though KE cites Indiana statutory context and refreshment policies; Lampert’s prior leadership at wire/cable businesses is adjacent to KE’s supply chain, but no related‑party dealings disclosed in FY2025 .