Methode Electronics announced that Donald Duda, president and CEO, will retire from Methode. He will continue to lead the company until a successor has been named and will work with the new CEO through a transition period, which is expected to conclude during fiscal 2025. Methode’s board of directors, with the assistance of executive search firm Spencer Stuart, has already begun an external search process to identify Duda’s successor. Duda has agreed to offer his resignation as a director as of the appointment of his successor.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on MEI:
- Methode Electronics Announces Planned CEO Retirement
- Methode Electronics to Announce First Quarter Fiscal 2024 Results on Thursday, September 7, 2023
- Methode Electronics Releases Inaugural Corporate Social Responsibility (CSR) Report
- Methode Electronics COO Khoury placed on leave
- Methode Electronics Initiates Discontinuation of Dabir Surfaces, Inc.