SMP: COO James Burke steps down effective June 1; Sunil Bhandari named new Chief Operations Officer

STANDARD MOTOR PRODUCTS, INC.

• James Burke steps down as COO effective June 1, 2026, remains Executive Advisor and board member.
• Sunil Bhandari appointed Chief Operations Officer effective June 1; previously VP Global Aftermarket at Eaton.
• Bhandari receives $550K base salary, 50% target cash incentive, restricted stock awards ($250K + $500K one-time).
• If terminated without cause, Bhandari gets 12 months severance, prorated bonus, and health coverage.
• Bhandari holds MBA from IMD Switzerland, Master's from Singapore-MIT, 25+ years experience.

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