Stoneridge Shareholders Approve Governance and Compensation Updates

Stoneridge (SRI) has provided an update.

At the Company’s 2024 Annual Meeting, shareholders approved a significant update to the Directors’ Restricted Shares Plan, allowing for 200,000 more common shares to be issued under the plan. In addition, all nine board nominees were elected, the appointment of Ernst & Young LLP as the independent auditor was ratified, and executive compensation for 2023 received a non-binding approval. These decisions reflect shareholder confidence and active participation in the company’s governance and future direction.

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