Methode Electronics (MEI) has shared an update.
Methode Electronics has appointed Jon DeGaynor as its new President and CEO, effective July 15, 2024. DeGaynor, with a robust background including leadership roles at Stoneridge, Inc., and Guardian Industries, brings extensive experience to Methode. His compensation package includes a $1 million base salary, potential bonuses, stock units, and severance benefits. Additionally, Methode will announce its fourth quarter results on July 11, 2024, ahead of DeGaynor’s official start.
For detailed information about MEI stock, go to TipRanks’ Stock Analysis page.
