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Methode Electronics, Inc. (MEI)

NYSE - NYSE Delayed Price. Currency in USD
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12.13-0.16 (-1.30%)
At close: 04:00PM EDT
11.83 -0.30 (-2.47%)
After hours: 06:07PM EDT

Methode Electronics, Inc.

8750 West Bryn Mawr Avenue
Suite 1000
Chicago, IL 60631-3518
United States
708 867 6777
https://www.methode.com

Sector(s)Technology
IndustryElectronic Components
Full Time Employees6,700

Key Executives

NameTitlePayExercisedYear Born
Mr. Ronald L.G. TsoumasVP of Corporate Finance & CFO1.24MN/A1961
Mr. Donald W. DudaExecutive Officer3.09M406k1955
Mr. Avi AvulaCEO, President & DirectorN/AN/A1974
Mr. Amit N. PatelChief Accounting OfficerN/AN/AN/A
Mr. Robert K. CherryVice President of Investor RelationsN/AN/AN/A
Ms. Kristine WalczakVice President of Corporate CommunicationsN/AN/AN/A
Mr. Mark ShermetaroVice President of Corporate DevelopmentN/AN/AN/A
Mr. Anil V. ShettyPresident of Dabir Surfaces, Inc.652.19kN/A1966
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The Automotive segment supplies electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers. Its products include integrated center consoles, hidden and ergonomic switches, transmission lead-frames, complex insert molded solutions, LED-based lighting solutions, and sensors, which incorporate magneto-elastic sensing, eddy current, or other sensing technologies that monitor the operation or status of a component or system. The Industrial segment manufactures external lighting solutions comprising driving, work, and signal lights; industrial safety radio remote controls; braided flexible cables; current-carrying laminated and powder-coated busbars; high-voltage high current connector and contracts; custom power-product assemblies, such as PowerRail solution; and high-current low-voltage flexible power cabling systems that are used in aerospace, cloud computing, commercial vehicles, construction equipment, industrial, military, power conversion, and transportation markets and applications. The Interface segment provides various copper-based transceivers and related accessories for the cloud computing hardware equipment and telecommunications broadband equipment markets; user interface solutions for the appliance, commercial food service, and point-of-sale equipment markets; and fluid-level sensors for the marine/recreational vehicle and sump pump markets. The Medical segment offers Dabir Surfaces, a surface support technology aimed at pressure injury prevention for use by patients who are immobilized or otherwise at risk for pressure injuries, including patients undergoing long-duration surgical procedures. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois.

Corporate Governance

Methode Electronics, Inc.’s ISS Governance QualityScore as of April 1, 2024 is 4. The pillar scores are Audit: 6; Board: 2; Shareholder Rights: 3; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.