Methode Electronics (MEI) Appoints Mark Schwabero as Board Chair

Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distribution applications, announced today that as part of a planned transition resulting from the retirement of the former Chairman of the Board, Walter Aspatore, the company's Board of Directors has appointed Mark Schwabero as the new chairman of the board.

Mr. Schwabero was previously appointed Methode’s Vice Chairman of the Board in May 2024 and has been a director at the company since 2019. He was formerly Chairman, Chief Executive Officer and Director of Brunswick Corporation, a recreational marine products company, from 2016 to 2018.

Mr. Schwabero commented, "I am privileged to have the opportunity to serve Methode as chairman. Speaking on behalf of Methode, we thank Walter for his 16 years of service to the company and wish him all the best in his retirement."

You May Also Be Interested In

• Barclays Upgrades 1&1 AG (1U1:GR) to Overweight
• Barclays Downgrades Brown Forman (BF-B) to Equalweight
• JPMorgan Starts Domino\'s Pizza Enterprises Ltd. (DOM:LN) (DPUKY) at Underweight