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STONERIDGE INC 8-K Analysis & Summary – 3/14/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

Stoneridge, Inc.

Filing date:

03/14/2025

TLDR:

George S. Mayes, Jr. and Paul J. Schlather will retire from Stoneridge’s Board of Directors and will not seek reelection in 2025.

ELI5:

Two members of Stoneridge’s board of directors are stepping down and won’t be running for reelection. The company will not replace them, so the board will be smaller.

Accession #:

0001043337-25-000067

Published on

Analyst Summary

  • Paul J. Schlather and George S. Mayes, Jr. will retire from the Board of Directors and will not seek reelection in 2025.
  • Mr. Schlather served on the Board since 2009, and Mr. Mayes since 2012.
  • The Board has decided not to fill the vacancies, reducing its membership to seven.
  • William M. Lasky, Chairman of the Board, expressed gratitude for their service and contributions.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️