{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-071564","form_type":"8-K","ticker":"MEI","cik":"0000065270","company_name":"METHODE ELECTRONICS INC","filed_at":"2023-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.747259+00:00","generated_at":"2026-06-07T10:55:44.997248+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Methode Electronics appoints Avi Avula as new CEO effective January 29, 2024","bullets":["Avi Avula, former DuPont E&I VP Strategy, named President and CEO starting January 29, 2024.","Avula's compensation: $800k base salary, $3.125M RSU grant, sign-on bonuses up to ~$1.216M.","Outgoing CEO Donald Duda will assist transition for 3 months then serve as strategic consultant for 9 months.","Avula also appointed to Board of Directors, replacing Duda."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-071564","json":"https://secwatch.observer/filing/0000950170-23-071564.json","markdown":"https://secwatch.observer/filing/0000950170-23-071564.md","text":"https://secwatch.observer/filing/0000950170-23-071564.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/65270/000095017023071564/0000950170-23-071564-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/65270/000095017023071564/mei-20231218.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T10:55:44.997248+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"433a8ba4c2","claim":"Donald Duda retired as President and Chief Executive Officer at METHODE ELECTRONICS INC.","evidence_excerpt":"Donald W. Duda, the President and Chief Executive Officer of Methode Electronics, Inc. (the “Company”) notified the Company of his intention to retire upon the appointment of his successor.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/65270/000095017023071564/0000950170-23-071564-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"7cfd45eb73","claim":"Donald Duda resigned as Director at METHODE ELECTRONICS INC.","evidence_excerpt":"replacing Mr. Duda who will offer his resignation as of such date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/65270/000095017023071564/0000950170-23-071564-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"bb91d71685","claim":"Avi Avula was appointed as Director at METHODE ELECTRONICS INC.","evidence_excerpt":"Mr. Avula will also be appointed to the Board of Directors of the Company, effective as of the commencement of his employment","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/65270/000095017023071564/0000950170-23-071564-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"bd33d27410","claim":"Avi Avula was appointed as President and Chief Executive Officer at METHODE ELECTRONICS INC.","evidence_excerpt":"appointment of Avi Avula as the Company’s new President and Chief Executive Officer, starting January 29, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/65270/000095017023071564/0000950170-23-071564-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}