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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