• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Methode Electronics Appoints Jon DeGaynor as President and CEO

    6/25/24 4:05:00 PM ET
    $MEI
    Electrical Products
    Technology
    Get the next $MEI alert in real time by email

    Methode Electronics to Announce Fourth Quarter Fiscal 2024 Results on Thursday, July 11, 2024

    Seasoned CEO Brings Deep Experience in Engineered Products and Track Record of Driving Successful Strategic Transformation

    CHICAGO, June 25, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distribution applications, announced today that Jon DeGaynor has been appointed President, Chief Executive Officer (CEO) and a member of the Board of Directors, effective July 15, 2024. Mr. DeGaynor succeeds Kevin Nystrom, a partner and managing director at AlixPartners LLP, who has served as interim CEO since May 7, 2024.

    With a 35-year career in engineered-products businesses, Mr. DeGaynor brings to Methode diverse experience at the intersection of operations, technology and strategy. From 2015 to 2023, he served as President and CEO of Stoneridge, Inc., a publicly traded global designer and manufacturer of highly engineered electrical and electronic systems, components, and modules for the automotive, commercial, off-highway and agricultural vehicle markets. At Stoneridge, he led a team that developed and executed a strategic shift toward being a systems provider for both passenger and commercial vehicle customers, particularly in the areas of vehicle intelligence and advanced safety systems. The strategy drove transformation across Stoneridge's product portfolio, organizational structure and financial performance, leading to significant growth and value creation. Since 2023, Mr. DeGaynor has been Executive Chairman of Racing and Performance, Inc., an automotive performance systems supplier in the aftermarket space.

    Chairman Walter J. Aspatore said, "After a comprehensive search process, we are pleased to appoint a seasoned executive of Jon's caliber as the new CEO of Methode. Jon brings an impressive track record of delivering successful business transformations, including at Stoneridge, within our industry. The Board is confident Jon is the right person to guide our talented team and refine our go-forward plan to drive profitability and return to growth. We are excited to benefit from his operational and strategic expertise."

    Mr. DeGaynor said, "I have long admired Methode in my roles at adjacent companies in the industry, and I am honored to be appointed CEO at this pivotal time for the company. As we continue Methode's ongoing review of operations, costs and portfolio, I will begin with a focus on restoring profitability and strengthening the company's foundation. I look forward to working alongside the team to deliver for our customers and all stakeholders as we build on our positions in attractive and growing end markets."

    Mr. Aspatore added, "On behalf of the Board, I thank Kevin Nystrom for lending his financial management and operational experience and continuing to advance our key initiatives during his time as interim CEO."

    About Jon DeGaynor

    Jonathan B. DeGaynor, age 58, is currently the Executive Chairman of Racing and Performance, Inc., an automotive performance systems supplier in the aftermarket space. He previously served as President and CEO of Stoneridge, Inc., a publicly traded global designer and manufacturer of highly engineered electrical and electronic systems, components, and modules for the automotive, commercial, off-highway and agricultural vehicle markets, from 2015 to 2023. Prior to joining Stoneridge, Mr. DeGaynor was Vice President of Strategic Planning and Innovation at Guardian Industries Corp. ("Guardian"), a manufacturer of industrial glass and other building products for commercial, residential and automotive applications. From 2008 to 2014, he served as Vice President of Business Development and Managing Director of Asia for SRG Global, Inc., a Guardian company and manufacturer of chrome plated parts for the automotive, commercial truck and consumer goods industries. From 2005 to 2008, he was the Chief Operating Officer, International for Autocam Corporation, a manufacturer of precision‐machine components for the automotive industry. Mr. DeGaynor received a Bachelor of Science in mechanical engineering from the University of Michigan and an MBA from the Wharton School of the University of Pennsylvania.

    Fourth Quarter Fiscal 2024 Results Conference Call

    The company will release its fourth quarter results for the period ended April 27, 2024, on Thursday, July 11, 2024, before the market opens.

    Following the release, the company will conduct a conference call and webcast to review financial and operational highlights led by its Interim Chief Executive Officer, Kevin Nystrom, and Chief Financial Officer, Ronald L. G. Tsoumas, at 10:00 a.m. CDT.

    To participate in the conference call, please dial 888-506-0062 (domestic) or 973-528-0011 (international) at least five minutes prior to the start of the event. A simultaneous webcast can be accessed through the company's website, www.methode.com, on the Investors page.

    A replay of the teleconference will be available shortly after the call through July 25, 2024, by dialing 877-481-4010 and providing passcode 50699. A webcast replay will also be available on the company's website, www.methode.com, on the Investors page.

    About Methode Electronics, Inc.

    Methode Electronics, Inc. (NYSE:MEI) is a leading global supplier of custom-engineered solutions with sales, engineering and manufacturing locations in North America, Europe, Middle East and Asia. We design, engineer, and produce mechatronic products for OEMs utilizing our broad range of technologies for user interface, LED lighting system, power distribution and sensor applications.

    Our solutions are found in the end markets of transportation (including automotive, commercial vehicle, e-bike, aerospace, bus, and rail), cloud computing infrastructure, construction equipment, and consumer appliance. Our business is managed on a segment basis, with those segments being Automotive, Industrial, and Interface.

    For Methode Electronics, Inc.

    Robert K. Cherry

    Vice President Investor Relations

    [email protected]

    708-457-4030



    Primary Logo

    Get the next $MEI alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $MEI

    DatePrice TargetRatingAnalyst
    2/25/2025Neutral → Buy
    Sidoti
    4/9/2024$12.00Hold
    Jefferies
    3/7/2024$17.00Buy → Neutral
    Sidoti
    11/22/2022$52.00Buy
    Jefferies
    1/20/2022Mkt Perform
    Barrington Research
    More analyst ratings

    $MEI
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Methode Electronics to Release Fourth Quarter and Full Year Fiscal 2025 Results on Wednesday, July 9, 2025

      CHICAGO, July 03, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, lighting system and power distribution applications, announced it will release its fourth quarter and full year fiscal 2025 results for the period ended May 3, 2025, on Wednesday, July 9, 2025, after market close. The company will conduct a conference call and webcast the following day, Thursday, July 10, 2025, at 10:00 a.m. CDT to review financial and operational highlights led by its President and Chief Executive Officer, Jon DeGaynor, and Chief Financial Officer, Laura Kowalchik. To participate in the conference call, please dial

      7/3/25 4:00:00 PM ET
      $MEI
      Electrical Products
      Technology
    • Methode Electronics' Board Approves Dividend

      CHICAGO, March 20, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, announced today that its board of directors has declared a quarterly dividend of $0.14 per share to be paid on May 2, 2025, to common stockholders of record at the close of business on April 18, 2025. About Methode Electronics, Inc.Methode Electronics, Inc. (NYSE:MEI) is a leading global supplier of custom-engineered solutions with sales, engineering and manufacturing locations in North America, Europe, Middle East and Asia. We design, engineer, and produce mechatronic products for OEMs

      3/20/25 4:05:00 PM ET
      $MEI
      Electrical Products
      Technology
    • Methode Electronics' Grakon Business Unit Recognized as a Top Supplier by PACCAR

      CHICAGO, March 20, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI) announced today that its Grakon business unit, a global leader in advanced lighting systems, has been recognized by PACCAR, maker of Kenworth and Peterbilt trucks, as a top-performing supplier. Each year, PACCAR honors its highest-performing suppliers through its Supplier Performance Management (SPM) Program, which measures achievements in product development, operations, aftermarket support, and alignment with PACCAR's key business objectives. The SPM program fosters collaboration and continuous improvement, driving innovation and performance enhancements across the supply chain. Over the years, Grakon has

      3/20/25 10:30:00 AM ET
      $MEI
      Electrical Products
      Technology

    $MEI
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Methode Electronics upgraded by Sidoti

      Sidoti upgraded Methode Electronics from Neutral to Buy

      2/25/25 8:43:24 AM ET
      $MEI
      Electrical Products
      Technology
    • Jefferies initiated coverage on Methode Electronics with a new price target

      Jefferies initiated coverage of Methode Electronics with a rating of Hold and set a new price target of $12.00

      4/9/24 8:21:13 AM ET
      $MEI
      Electrical Products
      Technology
    • Methode Electronics downgraded by Sidoti with a new price target

      Sidoti downgraded Methode Electronics from Buy to Neutral and set a new price target of $17.00

      3/7/24 11:24:14 AM ET
      $MEI
      Electrical Products
      Technology

    $MEI
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Cadwallader Brian J was granted 559 units of Phantom Stock (SEC Form 4)

      4 - METHODE ELECTRONICS INC (0000065270) (Issuer)

      5/6/25 6:00:13 PM ET
      $MEI
      Electrical Products
      Technology
    • Director Lindsey Mary A was granted 250 units of Phantom Stock (SEC Form 4)

      4 - METHODE ELECTRONICS INC (0000065270) (Issuer)

      5/6/25 6:00:07 PM ET
      $MEI
      Electrical Products
      Technology
    • Director Schwabero Mark D was granted 559 units of Phantom Stock (SEC Form 4)

      4 - METHODE ELECTRONICS INC (0000065270) (Issuer)

      5/6/25 6:00:04 PM ET
      $MEI
      Electrical Products
      Technology

    $MEI
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • SVP Global Automotive Business Ullrich Lars bought $101,390 worth of shares (15,150 units at $6.69) (SEC Form 4)

      4 - METHODE ELECTRONICS INC (0000065270) (Issuer)

      3/18/25 6:16:41 PM ET
      $MEI
      Electrical Products
      Technology
    • CEO and President Degaynor Jonathan B bought $211,357 worth of shares (32,733 units at $6.46) (SEC Form 4)

      4 - METHODE ELECTRONICS INC (0000065270) (Issuer)

      3/12/25 7:00:04 AM ET
      $MEI
      Electrical Products
      Technology
    • Director Lindsey Mary A bought $100,108 worth of shares (8,800 units at $11.38), increasing direct ownership by 51% to 25,970 units (SEC Form 4)

      4 - METHODE ELECTRONICS INC (0000065270) (Issuer)

      9/25/24 5:00:04 PM ET
      $MEI
      Electrical Products
      Technology

    $MEI
    SEC Filings

    See more
    • SEC Form 11-K filed by Methode Electronics Inc.

      11-K - METHODE ELECTRONICS INC (0000065270) (Filer)

      6/27/25 5:05:16 PM ET
      $MEI
      Electrical Products
      Technology
    • SEC Form SD filed by Methode Electronics Inc.

      SD - METHODE ELECTRONICS INC (0000065270) (Filer)

      5/30/25 4:18:53 PM ET
      $MEI
      Electrical Products
      Technology
    • SEC Form 10-Q filed by Methode Electronics Inc.

      10-Q - METHODE ELECTRONICS INC (0000065270) (Filer)

      3/5/25 4:30:30 PM ET
      $MEI
      Electrical Products
      Technology

    $MEI
    Leadership Updates

    Live Leadership Updates

    See more
    • Methode Electronics Appoints Brad Corrodi as Chief Strategy Officer

      CHICAGO, March 05, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, announced today that Brad Corrodi has been appointed as Chief Strategy Officer (CSO) effective March 10, 2025. Mr. Corrodi joins Methode with more than 30 years of experience serving in strategic, investment, and operating roles. He will be based at the company's headquarters in Chicago, Illinois. "Brad's blend of strategy and operational experience will be a key differentiator, as we continue to reshape Methode's future," said Jon DeGaynor, President and Chief Executive Officer. "With

      3/5/25 7:00:00 AM ET
      $MEI
      Electrical Products
      Technology
    • Methode Electronics Appoints Karen Keegans as Chief Human Resources Officer

      CHICAGO, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, announced today that Karen Keegans has been appointed as Chief Human Resources Officer (CHRO) effective February 3, 2025. Ms. Keegans succeeds Andrea Barry, who has served as CHRO since 2017. Ms. Keegans joins Methode with more than 30 years of leadership experience, serving in the capacity of CHRO for several global industrial organizations, including Fortune 500 companies, such as Rockwell Automation, Pentair, and Praxair. She will be based at the company's headquarters in Chicago, Ill

      1/30/25 4:05:00 PM ET
      $MEI
      Electrical Products
      Technology
    • Methode Electronics Appoints Lars Ullrich as Senior Vice President, Global Automotive Business

      CHICAGO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distribution applications, announced today that Lars Ullrich has been appointed as Senior Vice President, Global Automotive Business, effective December 2, 2024. The newly created position will oversee all global strategic, launch, and commercial activities for the company's automotive business. Mr. Ullrich most recently held the position of Head of Region Americas and Chief Business Officer for Larsen and Toubro Semiconductor Technologies, a semiconductor start-up company. He has over 20 years of busine

      11/20/24 7:00:00 AM ET
      $MEI
      Electrical Products
      Technology

    $MEI
    Financials

    Live finance-specific insights

    See more
    • Methode Electronics to Release Fourth Quarter and Full Year Fiscal 2025 Results on Wednesday, July 9, 2025

      CHICAGO, July 03, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, lighting system and power distribution applications, announced it will release its fourth quarter and full year fiscal 2025 results for the period ended May 3, 2025, on Wednesday, July 9, 2025, after market close. The company will conduct a conference call and webcast the following day, Thursday, July 10, 2025, at 10:00 a.m. CDT to review financial and operational highlights led by its President and Chief Executive Officer, Jon DeGaynor, and Chief Financial Officer, Laura Kowalchik. To participate in the conference call, please dial

      7/3/25 4:00:00 PM ET
      $MEI
      Electrical Products
      Technology
    • Methode Electronics' Board Approves Dividend

      CHICAGO, March 20, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, announced today that its board of directors has declared a quarterly dividend of $0.14 per share to be paid on May 2, 2025, to common stockholders of record at the close of business on April 18, 2025. About Methode Electronics, Inc.Methode Electronics, Inc. (NYSE:MEI) is a leading global supplier of custom-engineered solutions with sales, engineering and manufacturing locations in North America, Europe, Middle East and Asia. We design, engineer, and produce mechatronic products for OEMs

      3/20/25 4:05:00 PM ET
      $MEI
      Electrical Products
      Technology
    • Methode Electronics to Release Third Quarter Fiscal 2025 Results on Wednesday, March 5, 2025

      CHICAGO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, lighting system and power distribution applications, announced it will release its third quarter fiscal 2025 results for the period ended February 1, 2025, on Wednesday, March 5, 2025, after market close. The company will conduct a conference call and webcast the following day, Thursday, March 6, 2025, at 10:00 a.m. CST to review financial and operational highlights led by its President and Chief Executive Officer, Jon DeGaynor, and Chief Financial Officer, Laura Kowalchik. To participate in the conference call, please dial 888-506-

      2/20/25 4:05:00 PM ET
      $MEI
      Electrical Products
      Technology

    $MEI
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Methode Electronics Inc.

      SC 13G/A - METHODE ELECTRONICS INC (0000065270) (Subject)

      11/12/24 4:04:11 PM ET
      $MEI
      Electrical Products
      Technology
    • Amendment: SEC Form SC 13G/A filed by Methode Electronics Inc.

      SC 13G/A - METHODE ELECTRONICS INC (0000065270) (Subject)

      11/4/24 10:23:54 AM ET
      $MEI
      Electrical Products
      Technology
    • Amendment: SEC Form SC 13G/A filed by Methode Electronics Inc.

      SC 13G/A - METHODE ELECTRONICS INC (0000065270) (Subject)

      10/31/24 11:54:59 AM ET
      $MEI
      Electrical Products
      Technology