Corporate Governance

Corporate Governance

The Board of Directors of Kimball Electronics, Inc. (the "Company") sets high standards for the Company's employees, officers and directors. Implicit in this philosophy is the importance of sound corporate governance. It is the duty of the Board of Directors to serve as a prudent fiduciary for shareholders and to oversee the management of the Company's business. To fulfill its responsibilities and to discharge its duty, the Board of Directors follows the procedures and standards that are set forth in these guidelines. These guidelines are subject to modification from time to time as the Board of Directors deems appropriate in the best interests of the Company or as required by applicable laws and regulations.

Donald Charron
Donald D. Charron
Chairman
Mr. Charron serves as Kimball Electronics’ Chairman of the Board and Chief Executive Officer. He formerly served as an Executive Vice President of Kimball International, Inc. (“Kimball International” or “former Parent”), a member of the Board of Directors of Kimball International, and the President of Kimball Electronics Group. Mr. Charron had led the EMS segment of Kimball International since joining Kimball International in 1999. Prior to that, he spent six years with Rockwell International in various leadership roles. Mr. Charron earned a Bachelor of Science degree in electrical engineering from the South Dakota School of Mines and Technology in 1987. Mr. Charron’s extensive contract electronics industry experience, as well as his intimate knowledge of Kimball Electronics provides valuable operational, strategic, and global market insights.
Michele M. Holcomb, PhD
Michele M. Holcomb, PhD
Director
Dr. Holcomb currently serves as Executive Vice President of Strategy and Corporate Development at Cardinal Health, a global integrated healthcare services and products company, beginning in 2017. From 2012 to 2017, she held positions as Chief Operating Officer of Global R&D and Senior Vice President of Strategy, Portfolio, Search and Partnerships at Teva Pharmaceuticals, a global manufacturer of generic medicines. Prior to that, Dr. Holcomb served as a partner in the Global Pharmaceutical Practice at consulting firm McKinsey & Company. Dr. Holcomb received her Bachelor of Science degree in chemistry from Stanford University and a Doctorate in Chemistry from the University of California at Berkeley. Dr. Holcomb’s experience and background provide the Board with valuable insights in the areas of strategy, product development, and operations.
Gregory Lampert
Gregory J. Lampert
Director
Mr. Lampert is the Chief Executive Officer and President of Omni Cable Corporation, a distributor of specialty wire and cable, joining the company in February 2017. Prior to his executive position at Omni Cable Corporation, he was Chief Executive Officer of the Americas region of General Cable since January 2013 and held the same position for the North America region since 2008. Prior to that, he held various management positions at General Cable since joining the company in 1998. Prior to joining General Cable, he held engineering and commercial management positions with The Dow Chemical Company and Cintas Corporation. Mr. Lampert is a director of Omni Cable Corporation, as well as Xtek Corporation, a for-profit private company. Mr. Lampert has a Bachelor of Science degree in chemical engineering from the University of Cincinnati and his MBA from the University of Chicago with a concentration in Finance and Strategy. Mr. Lampert’s previous board experience and financial background as well as experience in managing sales organizations will provide broad insights into capital planning and sales operations.
Phillippy
Robert J. Phillippy
Director
Mr. Phillippy is an independent consultant, advising technology companies on a range of strategic, operational, and organizational issues. He retired in 2016 from his position as President, Chief Executive Officer, and a Director of Newport Corporation, a publicly traded lasers, optics and photonics technology company with 15 manufacturing locations in seven countries. He joined Newport in 1996 and served in various executive management roles prior to his appointment as Chief Executive Officer in 2007. Previously, he served for 12 years in various management roles for Square D Company, a division of Schneider Electric. He currently serves on the boards of directors of ESCO Technologies (NYSE: ESE) and Materion Corporation (NYSE: MTRN). Mr. Phillippy received a Bachelor of Science degree in electrical engineering from the University of Texas at Austin in 1983 and a Master of Science degree in management from Northwestern University in 1993. Mr. Phillippy’s experience as a chief executive officer of a publicly-traded technology and manufacturing company adds significant leadership, strategy, and operational experience to the Board.
Colleen Repplier
Colleen C. Repplier
Director
Ms. Repplier is a strong and respected leader in the industrial, energy and commercial building industries, with more than three decades of operational and P&L experience in diversified manufacturing companies. Ms. Repplier began her career in the energy industry holding roles in engineering and marketing with Westinghouse Electric Company, construction design with Bechtel Corporation, and progressing roles in engineering, process improvement, product management, sales and general management at General Electric. She also held senior leadership positions and was a company officer at Home Depot and HD Supply before joining Tyco in 2007. At Tyco, she served as President of the Tyco Fire Protection business until the company was acquired by Johnson Controls. She retired from Johnson Controls (JCI) in her role as the Vice President and General Manager of a $4.5 billion global portfolio of HVAC product businesses with 20,000 employees in June 2018. Ms. Repplier received her Bachelor of Science degree in electrical engineering at the University of Pittsburgh. She later received her MBA from the University of Central Florida, where she also taught as an adjunct professor in the school of business. She is a certified Six Sigma Master Black Belt. In 2018, Ms. Repplier joined Stockholm-listed bearing and seal manufacturing company SKF as a director. In August 2019 she joined Triumph Group (NYSE: TGI) as a director. Ms. Repplier’s engineering background and extensive experience in operations, supply chain management, and six-sigma methodologies provide broad insights into operational planning and improvement opportunities.
Gregory Thaxton
Gregory A. Thaxton
Director
Mr. Thaxton is the former Executive Vice President and Chief Financial Officer of Nordson Corporation (NASDAQ: NDSN), a $2.3 billion publicly traded industrial technology company focused on precision dispensing, fluid management, and related processes with operations in nearly 40 countries. Mr. Thaxton stepped down as Chief Financial Officer on July 6, 2020 and retired from Nordson on August 28, 2020. He has more than twenty-five years of experience serving in various domestic and international financial management and leadership roles with Nordson after beginning his career with a Big Four public accounting firm. Mr. Thaxton also serves on the board of the non-profit Lorain County Community College Foundation, serving as Treasurer of the Executive Committee, and is a member of the Finance and Audit Committees. Mr. Thaxton is a Certified Public Accountant (inactive). Mr. Thaxton received his Bachelor of Science degree in accounting from Miami University in 1983 and his MBA in international management from Baldwin Wallace University in 1995. Mr. Thaxton’s experience adds significant financial, accounting, capital structure, and SEC reporting expertise to the Board.
Holly A. Van Deursen
Holly A. Van Deursen
Director
Ms. Van Deursen currently serves as an independent director on the boards of several public companies, including Albemarle Corporation (NYSE: ALB), Capstone Turbine Corporation (NASDAQ: CPST), and Synthomer, plc (LON: SYNT). She joined BP Amoco in 1989, a $250 billion oil, gas and energy company operating in North America, Asia and Europe. She served in various senior executive management roles for BP, plc. before retiring in 2005 as a member of the top-forty executive management team. Prior to 1989, she served in various engineering, manufacturing and product development roles for Dow Corning Corporation. Ms. Van Deursen received her Bachelor of Science degree in chemical engineering from the University of Kansas and her MBA from the University of Michigan. Ms. Van Deursen’s experience in executive roles and as a public company director provides the Board significant insights into board operations and governance, leadership, and international business.
charron
Donald D. Charron
Chairman of the Board, Chief Executive Officer
Mr. Charron serves as Kimball Electronics’ Chairman of the Board and Chief Executive Officer. He formerly served as an Executive Vice President of Kimball International, Inc. (“Kimball International” or “former Parent”), a member of the Board of Directors of Kimball International, and the President of Kimball Electronics Group. Mr. Charron had led the EMS segment of Kimball International since joining Kimball International in 1999. Prior to that, he spent six years with Rockwell International in various leadership roles. Mr. Charron earned a Bachelor of Science degree in electrical engineering from the South Dakota School of Mines and Technology in 1987. Mr. Charron’s extensive contract electronics industry experience, as well as his intimate knowledge of Kimball Electronics provides valuable operational, strategic, and global market insights.
Castillejos
Desiree L. Castillejos
Vice President, Corporate Development and M&A, and Chief Strategy Officer
Ms. Castillejos was appointed Vice President, Corporate Development and M&A, and Chief Strategy Officer effective August 13, 2018. Prior to joining Kimball Electronics, she held the position of Vice President, Corporate Development for Nokia Technology since 2016. Prior to Nokia Technology, she served as the Vice President, Corporate Development for Persistent Systems since 2010.
DeLorenzo
Jessica L. DeLorenzo
Vice President, Human Resources
Ms. DeLorenzo was appointed Vice President, Human Resources, effective June 29, 2018. Ms. DeLorenzo joined Kimball Electronics in 2015 in the position of Director, Organizational Development. Before joining Kimball Electronics, she held the position of Director, Student Services at Vincennes University since 2011.
kahle
John H. Kahle
Vice President, General Counsel, Chief Compliance Officer, and Secretary
John H. Kahle is Vice President, General Counsel, and Secretary. Mr. Kahle's executive leadership responsibilities include Legal, Safety, Security, Environmental and Facilities property management functions on behalf of Kimball Electronics. Prior to joining Kimball, Mr. Kahle was a Certified Public Accountant and in private legal practice in Indianapolis, Indiana. Mr. Kahle received a BS in Accounting from Indiana University and his JD from Indiana University School of Law in Bloomington. He is also a Certified Management Accountant.
LeRoy W. Kemper
LeRoy W. Kemper
Vice President, Diversified Contract Manufacturing Services (DCMS)
LeRoy (Lee) W. Kemper is Vice President, Diversified Contract Manufacturing Services (DCMS). He joined Kimball Electronics in 2018 and was most recently the General Manager for the Company’s Kimball Electronics Indianapolis facility. Prior to joining Kimball Electronics, he was the President of iScribeMD in Toledo, Ohio. He has over 20 years of manufacturing, operations, and supply chain experience. He has a business administration degree from the University of Saint Francis (Indiana) and an MBA from the University of Toledo.
korn
Steven T. Korn
President, Global Electronics Manufacturing Services Operations
Steven T. Korn, President, Global Electronics Manufacturing Services Operations, joined Kimball Electronics in December of 2004. He was most recently Vice President North American Operations and Global Supply Chain. Mr. Korn has over 30 years of EMS experience in Operations Management, Business Development and Engineering Management. Mr. Korn graduated from South Dakota School of Mines and Technology with a degree in Mechanical Engineering.
serge
Michael K. Sergesketter
Vice President, Chief Financial Officer
Michael K. Sergesketter, Vice President, Chief Financial Officer, has held his current role with the company since 1996. Before joining Kimball Electronics, Mr. Sergesketter held the position of Vice President, Chief Internal Auditor with Kimball International, Inc. He received his bachelor's degree in accounting from The University of Southern Indiana in 1981 and is a CPA, CMA and CISA (Non-Practicing).
smith
Sandy A. Smith
Vice President, Information Technology
Sandy A. Smith, Vice President, Information Technology, has global responsibility for Kimball’s EMS information technology and computing systems. Ms. Smith joined Kimball International, Inc. in 1987, starting in customer service and moved into information technology support. Ms. Smith graduated from Indiana State University with a Bachelors of Science degree.
thomson
Kathy R. Thomson
Vice President, Global Business Development and Design Services
Ms. Thomson was appointed Vice President, Global Business Development and Design Services effective August 20, 2018. Previously Ms. Thomson held the position of Vice President of Business Development for Creation Technologies since 2012.
thyen
Christopher J. Thyen
Vice President, New Platforms
Mr. Thyen was appointed our Vice President, New Platforms, in August 2018. Prior to this, he served as Vice President, Business Development since 2008.

If employees have any questions or wish to report a violation of this policy (including regarding an accounting, internal control, or auditing matter), they may notify any supervisor or manager with whom they feel comfortable discussing the problem, to Human Resources, or to the Chief Compliance Officer (phone 812‐634‐4748). In addition, an anonymous, confidential, third‐party ethics "hotline" reporting system has been established. This can be accessed 24 hours a day, 7 days a week. The site has been translated to your language of choice. You can make a report via:

  1. The Kimball Electronics Intranet for Employees – go to “Ethics” at the bottom of the KE home page portal. Click “Ethics Hotline.”
  2. The Internet – go to www.kimballelectronics.ethicspoint.com. Select your language at the top right. Under the “To Make a Report” heading, select your country location. Select the country where violation took place. Select the facility location. Select the “Continue” button for further forms and questions to complete. Submit your report.
  3. Telephone – go to the internet www.kimballelectronics.ethicspoint.com. Select your language at the top right. Under the “To Make a Report” heading, select your country. Your country-specific toll-free telephone number will appear.

All reports will be promptly investigated and there will be no retaliation for making a report or cooperating with an investigation. Violation of this Business Ethics Policy is subject to disciplinary action up to and including separation.