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CHICAGO, June 25, 2024 (GLOBE NEWSWIRE) -- 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 Jon DeGaynor has been appointed President, Chief Executive Officer (CEO) and a member of the Board of Directors, effective July 15, 2024. Mr. DeGaynor succeeds Kevin Nystrom, a partner and managing director at AlixPartners LLP, who has served as interim CEO since May 7, 2024. To read full press release visit this link: https://ir.methode.com/news/news-details/2024/Methode-Electronics-Appoints-Jon-DeGaynor-as-President-and-CEO/default.aspx.
Methode Electronics, Inc. (NYSE: MEI) is proud to announce Forbes has named it one of America's top 100 small companies for 2022. Methode was ranked 76th on the list with a 52-week return of 47.1 percent. The top ranking was determined based on earnings and sales growth, return on equity and total stock return for the latest 12 months available and over the last five years, with more weight given to the latest year's data. For the full list of Forbes' best small companies, visit: https://www.forbes.com/lists/best-small-cap-companies/#1c5b940847db.