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Methode Electronics ( (MEI) ) has shared an update.
On January 30, 2025, Methode Electronics announced that Andrea J. Barry will step down as Chief Administrative Officer and Chief Human Resources Officer, effective January 31, 2025, and will serve as a special advisor until May 3, 2025. In conjunction with her departure, Barry has entered a Separation Agreement that includes a severance package and other compensations. Concurrently, Methode appointed Karen Keegans as the new Chief Human Resources Officer, effective February 3, 2025. Keegans brings over 30 years of HR leadership experience and is expected to play a significant role in aligning the company’s culture and talent with its business objectives. This leadership transition is part of Methode’s broader strategy to enhance organizational capabilities and regain a prominent industry position.
More about Methode Electronics
Methode Electronics, Inc. is a leading global supplier of custom-engineered solutions with operations across North America, Europe, the Middle East, and Asia. The company designs, engineers, and produces mechatronic products for OEMs, focusing on user interface, lighting systems, power distribution, and sensor applications. Methode’s solutions cater to diverse end markets including transportation, cloud computing infrastructure, construction equipment, and consumer appliances. The company’s business is segmented into Automotive, Industrial, and Interface divisions.
YTD Price Performance: -0.17%
Average Trading Volume: 434,294
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $418.3M
For detailed information about MEI stock, go to TipRanks’ Stock Analysis page.
