Methode Electronics' Board of Directors Names Mark Schwabero As New Chairman Of The Board
Portfolio Pulse from Benzinga Newsdesk
Methode Electronics, Inc. (NYSE:MEI) has appointed Mark Schwabero as the new Chairman of the Board, following the retirement of Walter Aspatore. Schwabero has been a director at Methode since 2019 and was previously Vice Chairman.
September 12, 2024 | 8:11 pm
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Methode Electronics has appointed Mark Schwabero as the new Chairman of the Board, indicating a planned leadership transition. Schwabero's previous experience as Vice Chairman and director since 2019 suggests continuity in leadership.
The appointment of Mark Schwabero as Chairman is part of a planned transition, suggesting stability in leadership. His prior roles within the company and experience as a director since 2019 imply continuity, which is generally neutral for stock prices in the short term.
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