Methode Electronics Reports Executive & Director Changes
Ticker: MEI · Form: 8-K · Filed: Nov 15, 2024 · CIK: 65270
| Field | Detail |
|---|---|
| Company | Methode Electronics Inc (MEI) |
| Form Type | 8-K |
| Filed Date | Nov 15, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.50, $650,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: leadership-change, corporate-governance
Related Tickers: MEI
TL;DR
Methode Electronics (MEI) board and exec shake-up filed 11/11.
AI Summary
On November 11, 2024, Methode Electronics, Inc. filed an 8-K report detailing changes in its executive and director positions. The filing includes information regarding the departure of directors or certain officers, the election of new directors, and the appointment of certain officers. It also covers compensatory arrangements for these key individuals.
Why It Matters
Changes in a company's board of directors and executive officers can signal shifts in strategy, governance, or operational focus, potentially impacting future performance and shareholder value.
Risk Assessment
Risk Level: medium — Changes in key leadership roles can introduce uncertainty regarding future strategy and operational stability.
Key Players & Entities
- Methode Electronics, Inc. (company) — Registrant
- November 11, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- Chicago, Illinois (location) — Principal Executive Offices
- 708-867-6777 (phone_number) — Registrant's Telephone Number
FAQ
What specific roles were affected by the changes reported on November 11, 2024?
The filing indicates changes related to the departure of directors or certain officers, the election of directors, and the appointment of certain officers.
What is the exact date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is November 11, 2024.
Where are Methode Electronics, Inc.'s principal executive offices located?
Methode Electronics, Inc.'s principal executive offices are located at 8750 West Bryn Mawr Avenue, Suite 1000, Chicago, Illinois 60631-3518.
What is the Commission File Number for Methode Electronics, Inc.?
The Commission File Number for Methode Electronics, Inc. is 001-33731.
Does this filing include information on compensatory arrangements?
Yes, the filing includes information on compensatory arrangements of certain officers.
Filing Stats: 584 words · 2 min read · ~2 pages · Grade level 12.7 · Accepted 2024-11-15 17:15:07
Key Financial Figures
- $0.50 — nge on which registered Common Stock, $0.50 Par Value MEI New York Stock Exchan
- $650,000 — ompany will pay Mr. Avula a lump sum of $650,000 in full satisfaction of any and all cla
Filing Documents
- mei-20241111.htm (8-K) — 40KB
- 0000950170-24-127687.txt ( ) — 148KB
- mei-20241111.xsd (EX-101.SCH) — 23KB
- mei-20241111_htm.xml (XML) — 4KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. d) Exhibits: Exhibit Number Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Methode Electronics, Inc. Date: November 15, 2024 By: /s/ Laura Kowalchik Laura Kowalchik Chief Financial Officer