---
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"
generated_at: "2026-06-07T10:55:44.997248+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Methode Electronics appoints Avi Avula as new CEO effective January 29, 2024

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-071564
- JSON: https://secwatch.observer/filing/0000950170-23-071564.json
- Plain text: https://secwatch.observer/filing/0000950170-23-071564.txt

## Key facts
- Executive change
  Donald Duda retired as President and Chief Executive Officer at METHODE ELECTRONICS INC.
  - Action: retired
  - Role: President and Chief Executive Officer
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/65270/000095017023071564/0000950170-23-071564-index.htm
- Executive change
  Donald Duda resigned as Director at METHODE ELECTRONICS INC.
  - Action: resigned
  - Role: Director
  source text: replacing Mr. Duda who will offer his resignation as of such date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/65270/000095017023071564/0000950170-23-071564-index.htm
- Executive change
  Avi Avula was appointed as Director at METHODE ELECTRONICS INC.
  - Action: appointed
  - Role: Director
  source text: Mr. Avula will also be appointed to the Board of Directors of the Company, effective as of the commencement of his employment
  evidence_url: https://www.sec.gov/Archives/edgar/data/65270/000095017023071564/0000950170-23-071564-index.htm
- Executive change
  Avi Avula was appointed as President and Chief Executive Officer at METHODE ELECTRONICS INC.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: appointment of Avi Avula as the Company’s new President and Chief Executive Officer, starting January 29, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/65270/000095017023071564/0000950170-23-071564-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.