METHODE ELECTRONICS INC
Close on Oct 19, 2026
- Market cap
- $499.43M
- P/E (TTM)
- –
- Dividend yield
- 1.57%
About Methode Electronics
Electronic Connectors, SIC 3678
Methode Electronics designs, engineers, and manufactures custom mechatronic components and systems. The company operates through three primary segments: Automotive, Industrial, and Interface. Its product portfolio includes power distribution systems, busbars, battery disconnect units, circuit boards, specialized LED lighting, sensors, industrial cabling, radio remote controls, and copper communication solutions. Methode supplies original equipment manufacturers and tiered suppliers across mobility, data center infrastructure, industrial, aerospace, and commercial markets.
Headquartered in Southfield, Michigan, the company maintains engineering, manufacturing, and sales facilities across North America, Europe, the Middle East, and Asia. Its international footprint spans operations and facilities in Belgium, Canada, China, Egypt, Finland, India, Malta, Mexico, and the United Kingdom. As of May 2026, Methode employs approximately 6,650 individuals and engages 263 contractors worldwide, with nearly 94 percent of its workforce based outside the United States.
Summary of the business section of Methode Electronics's latest annual report, written by StockData.
Company profile
Company
- Legal name
- METHODE ELECTRONICS INC
- Founded
- 1946
- Headquarters
- Southfiled, MI
- Address
- 25650 West Eleven Mile Road 48034
- Phone
- (708) 867-6777
- Website
- methode.com
- Employees
- 6,650, May 2, 2026
- Industry
- Electronic Connectors
- Incorporated in
- Delaware
- Fiscal year ends
- May 3
- Auditor
- Ernst & Young LLP, Detroit, Michigan
Stock & identifiers
- Ticker
- MEI
- Exchange
- NYSE
- Shares outstanding
- 36M, Aug 31, 2026
- Public float
- $237.70M, Nov 1, 2025
- Filer category
- Accelerated filer
- Stock splits
- 3-for-2, Nov 1, 1995; 2-for-1, Jan 19, 1993; 2-for-1, Oct 18, 1985; 2-for-1, Oct 17, 1983
- SEC CIK
- 65270
- CUSIP
- 591520200
- ISIN
- US5915202007
- LEI
- 529900VM413LGLUS3F07
- EIN
- 36-2090085
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jonathan B. DeGaynor | CEO and President, Director | 401,044 |
| John Thomas Erwin | CPO & EHS Officer | 50,454 |
| Kerry A. Vyverberg | General Counsel | 49,687 |
| Laura Michele Kowalchik | Chief Financial Officer | 149,436 |
| Lars Ullrich | SVP Global Automotive Business | 98,754 |
| Stacie Schulz | Chief Accounting Officer | 9,811 |
| David P. Blom | Director | 56,074 |
| Mark D. Schwabero | Director | 53,143 |
| Brian J. Cadwallader | Director | 60,743 |
| Bruce K. Crowther | Director | 54,554 |
| Therese M. Bobek | Director | 49,711 |
| Mary A. Lindsey | Director | 57,558 |
| Darren Dawson | Director | 34,028 |
| Janie Goddard | Director | 27,137 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2026 Mr Avula | $0 | $0 | $1.98M | $22 | $304 |
| FY2026 Mr De Gaynor | $8.09M | $10.01M | $1.98M | $22 | $304 |
| FY2026 Mr Duda | $0 | $0 | $1.98M | $22 | $304 |
| FY2026 Mr Nystrom | $0 | $0 | $1.98M | $22 | $304 |
| FY2025 Mr Avula | $677.37K | -$1.09M | $1.20M | $17 | $128 |
| FY2025 Mr De Gaynor | $5.74M | $3.29M | $1.20M | $17 | $128 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of May 2, 2026, our global workforce totaled approximately 6,650 employees and 263 contractors.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Sep 13, 2018 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jan 16, 2014 | Deregistration | Termination of SEC registration (Form 15) |
| Jan 9, 2014 | Delisting | Notice of delisting from exchange (Form 25) |
| Oct 17, 2007 | Delisting | Notice of delisting from exchange (Form 25) |
| Oct 10, 2007 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Oct 9, 2007 | Listing | Registration of securities on an exchange (Form 8-A) |
| Apr 27, 2006 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jan 12, 2004 | Deregistration | Termination of SEC registration (Form 15) |
| Dec 2, 2003 | Merger vote | Definitive merger proxy statement |
| Jul 8, 2003 | Tender offer | Third-party tender offer for the company's shares |