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METHODE ELECTRONICS, INC.

(MEI)
  Report
Delayed Nyse  -  04:00 2022-10-06 pm EDT
37.18 USD   -0.69%
09/21Insider Sell: Methode Electronics
MT
09/15Methode Electronics to Present at the Sidoti Small Cap Virtual Conference
AQ
09/14Methode Electronics Inc : Change in Directors or Principal Officers, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits (form 8-K)
AQ
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Business Summary
Logo Methode Electronics, Inc.
Methode Electronics, Inc. is a supplier of custom engineered solutions with sales, engineering and manufacturing locations in North America, Europe, Middle East and Asia. The Company operates through four segments: Automotive, Industrial, Interface and Medical. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile original equipment manufacturers (OEMs). The Industrial segment manufactures external lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars and devices, custom power-product assemblies, such as its PowerRail solution, high-current low-voltage flexible power cabling systems and powder-coated busbars. The Interface segment provides a variety of copper-based transceivers and user interface solutions. The Medical segment is made up of its medical device business, Dabir Surfaces, with its surface support technology aimed at pressure injury prevention.

Number of employees : 7 000 people.
Sales per Business
20212022Delta
Automotive761.8070%786.3067.6% +3.22%
Industrial273.2025.1%325.7028% +19.22%
Interface61.605.7%59.805.1% -2.92%
Medical2.800.3%4.200.4% +50%
USD in Million
Sales per region
20212022Delta
United States510.8046.9%547.4047% +7.17%
China193.7017.8%224.3019.3% +15.8%
Malta173.5015.9%178.4015.3% +2.82%
Mexico87.408%76.206.5% -12.81%
Other107.709.9%70.106% -34.91%
Egypt--67.205.8%-
USD in Million
Managers
Name Title Age Since
Donald W. Duda President, Chief Executive Officer & Director 66 2004
Ronald L. G. Tsoumas Chief Financial Officer & VP-Corporate Finance 60 2018
Joseph Elias Khoury Chief Operating Officer 57 2018
Andrea Jean Barry Chief Human Resources & Administrative Officer 58 2017
Robert K. Cherry Vice President-Investor Relations - -
Timothy R. Glandon Vice President 57 2015
Anil V. Shetty President-Dabir Surfaces & Vice President 55 2018
Mark Shermetaro Vice President-Corporate Development - -
Kevin M. Martin Vice President-North America - -
Amit N. Patel Chief Accounting Officer - 2019
Members of the board
Name Title Age Since
Walter J. Aspatore Chairman 78 2012
Lawrence B. Skatoff Vice Chairman 81 2004
Darren M. Dawson, Dr. Independent Director 58 2004
Brian J. Cadwallader Independent Director 62 2018
Bruce K. Crowther Independent Director 69 2019
Mark D. Schwabero Independent Director 68 2019
David P. Blom Independent Director 66 2019
Angelo V. Pantaleo Independent Director 61 2019
Therese M. Bobek Independent Director 60 2020
Mary Antoinette Lindsey Independent Director 66 2020
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 37,920,714 34,954,409 92.2% 1,346,624 3.6% 92.2%
Shareholders
NameEquities%
The Vanguard Group, Inc. 3,957,219 10.8%
Massachusetts Financial Services Co. 2,239,149 6.09%
Dimensional Fund Advisors LP 2,056,118 5.60%
EARNEST Partners LLC 1,683,625 4.58%
Fidelity Management & Research Co. LLC 1,494,140 4.07%
LSV Asset Management 1,378,120 3.75%
SSgA Funds Management, Inc. 1,364,306 3.71%
Investment Counselors of Maryland LLC 1,197,985 3.26%
The Boston Company Asset Management LLC 1,089,094 2.96%
Ariel Investments LLC 1,058,154 2.88%
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