Methode Electronics announces retirement of CFO Ronald Tsoumas

Methode Electronics announced that Ronald Tsoumas, Chief Financial Officer, is retiring from the company effective July 12, 2024, following the filing of Methode’s FY24 annual report. The company has begun a search process with the assistance of a leading executive search firm to identify Tsoumas’ permanent successor. Following Tsoumas’ retirement and provided a permanent successor has not been hired, the company plans to appoint David Rawden, a director at consulting firm AlixPartners, as interim CFO until a permanent successor is identified. Rawden has held multiple CFO and interim CFO positions at both publicly traded and private companies. He brings over 25 years of finance, accounting and administrative experience and is a certified public accountant.