Methode Electronics Announced That President And CEO Donald Duda Will Retire; Search For Successor Is Expected To Conclude During FY25
Portfolio Pulse from Benzinga Newsdesk
Methode Electronics' President and CEO, Donald Duda, has announced his retirement. The company is expected to conclude its search for a successor during FY25.
August 31, 2023 | 8:13 pm
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Methode Electronics' CEO, Donald Duda, is retiring. The company is expected to find a successor by FY25.
The retirement of a CEO can lead to uncertainty in the market, potentially affecting the company's stock price. However, the impact is neutral as the company has a plan for succession and the transition is expected to be smooth.
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