Stoneridge, Inc. (SRI)

15.07 -0.74 (-4.68%) At close: 04:00PM EDT

Stoneridge, Inc.

39675 MacKenzie Drive
Suite 400
Novi, MI 48377
United States
248 489 9300
https://www.stoneridge.com

Sector(s): Consumer Cyclical
Industry: Auto Parts
Full-time employees: 4,850

Key executives

Name	Title	Pay	Exercised	Year born
Mr. James Zizelman	President, CEO & Director	1.01M	N/A	1961
Mr. Matthew R. Horvath	CFO & Treasurer	609.07k	N/A	1986
Ms. Susan C. Benedict	Chief Human Resources Officer and Assistant General Counsel of Labor & Employment	500.93k	N/A	1967
Mr. Caetano Roberto Ferraiolo	President of Stoneridge Brazil Division	453.25k	N/A	1968
Mr. Salvatore Dino Orsini	Chief Procurement Officer	468.48k	N/A	1971
Mr. Archie Nimmer III	Vice President of Global Operations	N/A	N/A	N/A
Mr. Robert J. Hartman Jr.	Chief Accounting Officer	N/A	N/A	1967
Mr. Troy Cooprider	Chief Technology Officer	N/A	N/A	N/A
Kelly K. Harvey	Director of Investor Relations	N/A	N/A	N/A
Samantha Simmerson	Manager of Global Marketing & Communications	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Stoneridge, Inc., together with its subsidiaries, designs and manufactures engineered electrical and electronic systems, components, and modules for the automotive, commercial, off-highway, motorcycle, and agricultural vehicle markets in North America, South America, Europe, and internationally. The company operates through three segments: Control Devices, Electronics, and Stoneridge Brazil. The Control Devices segment offers actuators, sensors, switches, actuators, and connectors that monitor, measure, or activate specific functions within a vehicle. The Electronics segment designs and manufactures driver information systems, vision and safety systems, connectivity and compliance products, and electronic control units. Its products collect, store, and display vehicle information, such as speed, pressure, maintenance data, trip information, operator performance, temperature, distance traveled, and driver messages related to vehicle performance. This segment also offers electronic control units that regulate, coordinate, monitor, and direct the operation of the electrical system within a vehicle. The Stoneridge Brazil segment designs, manufactures, and sells vehicle tracking devices and monitoring services; vehicle security alarms and convenience accessories, including parking sensors and rearview cameras; in-vehicle audio and infotainment devices; and driver information systems and telematics solutions. The company provides its products and systems to various original equipment manufacturers and tier 1 customers, as well as aftermarket distributors. Stoneridge, Inc. was founded in 1965 and is headquartered in Novi, Michigan.

Corporate governance

Stoneridge, Inc.’s ISS governance QualityScore as of 1 April 2024 is 4. The pillar scores are Audit: 4; Board: 3; Shareholder rights: 5; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.