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    Terrence R. Curtin

    Chief Executive Officer at TE Connectivity PLC
    Board
    Since March 2017
    Age
    56 years
    Education
    Holds a Bachelor's degree in Accounting from Albright College.
    Tenure
    Joined TE Connectivity in 2001 as Vice President and Corporate Controller, later serving as Executive Vice President and CFO (October 2006 – July 2012), then as Executive Vice President and President, Industrial Solutions (August 2012 – March 2015), followed by a term as President (March 2015 – March 2017) before becoming Chief Executive Officer in March 2017.

    Also at TE Connectivity PLC

    AKS
    Aaron K. Stucki
    President, Transportation Solutions
    HAM
    Heath A. Mitts
    Executive Vice President and CFO
    JSJJ
    John S. Jenkins, Jr.
    Executive Vice President and General Counsel

    About

    Terrence R. Curtin is a seasoned executive with extensive experience at TE Connectivity, having worked his way up through key leadership roles that shaped the company's strategic and operational direction.

    Beginning his career as Vice President and Corporate Controller at Tyco Electronics in 2001, he built a strong foundation in financial management and operational oversight, which paved the way for his subsequent roles in the organization.

    Throughout his career, he has demonstrated a commitment to driving growth and innovation, serving in critical positions such as Chief Financial Officer and President of Industrial Solutions before assuming the role of Chief Executive Officer in March 2017.

    Beyond his core responsibilities at TE Connectivity, his involvement on corporate boards and in international business councils highlights his broader influence in the industry and dedication to sustainable business practices.

    $TEL Performance Under Terrence R. Curtin

    Past Roles

    OrganizationRoleDate RangeDetails
    TE Connectivity President of TE Connectivity Mar 2015 - Mar 2017 Responsible for connectivity and sensor businesses, and mergers and acquisitions activities
    TE Connectivity Executive Vice President and President, Industrial Solutions Aug 2012 - Mar 2015 Oversaw operations and strategic direction of Industrial, Energy, Aerospace, Defense, Oil and Gas businesses
    TE Connectivity Executive Vice President and Chief Financial Officer Oct 2006 - Jul 2012 Developed and implemented financial strategy and created financial infrastructure for the company
    Tyco Electronics Vice President and Corporate Controller 2001 - 2006 Served prior to TE Connectivity's separation from Tyco International
    Arthur Andersen LLP Employee N/A Worked at Arthur Andersen LLP before joining TE Connectivity

    External Roles

    OrganizationRoleDate RangeDetails
    DuPont de Nemours Inc. Active Public Company Directorship N/ACurrent active position outside TEL

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,250,040 AnnualFixed annual salary
    Consideration for Restrictive Covenants$3,250,104 AnnualPayment tied to post-termination restrictive covenants
    Health and Welfare Benefits Continuation$16,180 AnnualContinuation of health and welfare benefits
    All Other Compensation$309,719 AnnualIncludes Perquisites ($76,332 ) and Company Match to Defined Contribution Plans ($233,387 )

    Performance Compensation

    Data from  FY 2024

    Annual Incentive Plan (Cash-Based)

    Performance MetricWeightingThresholdTargetMaximumAdditional Details
    Earnings Per Share (EPS)20%90% of target 100%110%1H-FY: $3.50–$3.75, 2H-FY: $3.52–$3.82; Actuals: 1H: $3.67 (104.9%), 2H: $3.82 (108.6%)
    Revenue30%95% of target 100%105%1H-FY: $7,750M–$8,010M, 2H-FY: $7,920M–$8,150M; Actuals: 1H: $7,688M (99.2%), 2H: $8,051M (101.7%)
    Operating Income30%90% of target 100%110%1H-FY: $1,330M–$1,455M, 2H-FY: $1,345M–$1,470M; Actuals: 1H: $1,453M (109.2%), 2H: $1,508M (112.1%)
    KPIs20%VariesVariesVariesCorporate-level KPI achievement: 147.1%
    • Payout Details:
      • Threshold payout is 50% of target, target payout is 100%, and maximum payout is 200%.
    • Evaluation Period: Fiscal 2024 with performance intervals in 1H and 2H.
    • Actual Results: Overall scores—EPS: 100.6%, Revenue: 94.9%, Operating Income: 111.5%.
    • Payout Cap: Aggregate total award payout cannot exceed 200% of the target.

    Performance Stock Units (PSUs)

    MetricValueUnit/Details
    Performance MeasureThree-Year Average Relative EPS Growth Compared to S&P 500 Non-Financial Index
    Threshold Payout50% 25th percentile
    Target Payout100% 50th percentile
    Maximum Payout200% 75th percentile
    Grant DateNovember 15, 2023 N/A
    Grant Date Fair Value$6,502,850 At target performance
    Grant Date Stock Price$131.77 per share N/A
    Number of PSUs GrantedThreshold: 24,675; Target: 49,350; Maximum: 98,700 Units
    Vesting ScheduleCliff vesting upon MDCC certification Vests at performance period end (3 years: 2024–2026)
    Additional DetailsDividend Equivalent Units vest proportionately Aligns long-term shareholder value

    Additional Notes

    • Adjustments: Non-GAAP adjustments are applied to exclude acquisition, restructuring, and one-time items.
    • Overall Philosophy: Both cash and share-based incentives align management incentives with sustainable operational performance and shareholder value creation.