METHODE ELECTRONICS, INC. (NYSE:MEI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 12, 2018, John R. Hrudicka, Vice President, Corporate Finance and Chief Financial Officer of Methode Electronics, Inc. (the “Company”), ceased to be employed by the Company. At such time, the Company appointed Ronald L.G. Tsoumas as Vice President, Corporate Finance and Chief Financial Officer. Mr. Tsoumas, 57, has served as the Company’s Controller and Treasurer since 2007.
A copy of the press release announcing these management changes is attached as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01Financial Statements And Exhibits.
99.1Press Release dated March 12, 2018
METHODE ELECTRONICS INC ExhibitEX-99.1 2 pressrel0301218.htm METHODE ELECTRONICS,…To view the full exhibit click
About METHODE ELECTRONICS, INC. (NYSE:MEI)
Methode Electronics, Inc. (Methode) is a manufacturer of component and subsystem devices. The Company designs, manufactures and markets devices employing electrical, radio remote control, electronic, wireless and sensing technologies. The Company operates through segments, including Automotive, Interface, Power Products and Other. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile original equipment manufacturers (OEMs). The Interface segment provides a range of copper and fiber-optic interface and interface solutions. The Power Products segment manufactures braided flexible cables, current-carrying laminated bus devices, custom power-product assemblies, such as PowerRail solution, high-current low voltage flexible power cabling systems and powder coated bus bars. The Other segment includes medical devices, inverters and battery systems, and insulated gate bipolar transistor solutions.