STRATTEC Security Corporation Announces CEO Transition Plan

STRATTEC Security Corp., parent company of BOLT Locks, has announced that Frank J. Krejci, president and chief executive officer, will retire from the company and its board of directors on Dec. 31. Rolando Guillot, senior vice president – operations and chief operating officer, has been named to serve as interim chief executive officer in addition to his current role.

Krejci became a member of STRATTEC’s inaugural board of directors in 1995. He became an officer of STRATTEC in 2010, serving as president, and has served as president and CEO since Sept. 1, 2012, according to the company.

“Frank Krejci has had a positive influence on STRATTEC for over 28 years, first as a director on the company’s board, and then as the president/CEO, as well as continuing as a member of the board. His accomplishments have been many and have played an important role in growing the company,” said Harold M. Stratton II, chairman of the company’s board of directors. “His leadership and personal demeaner through the pandemic and its immediate aftereffects were a source of stability in an environment of significant uncertainty and stress for all who worked at the company during those many months. On behalf of all of us at STRATTEC, I express my sincere gratitude to Frank for his leadership, his kindness and concern for our associates and the stewardship of our company.”

Guillot joined STRATTEC in 1996 and gained experience in various management roles, primarily in STRATTEC’s Mexican subsidiary, until 2004 when he was elected vice president – Mexican operations. In 2016, he was elected senior vice president – operations, responsible for all the company’s operations, and was elected to his current position in March of this year.

STRATTEC will engage a national firm to conduct a formal search for Krejci’s permanent successor, the company stated.