{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-042613","form_type":"8-K","ticker":"MEI","cik":"0000065270","company_name":"METHODE ELECTRONICS INC","filed_at":"2024-04-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.690693+00:00","generated_at":"2026-06-04T01:36:17.425491+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Methode Electronics CFO Ronald Tsoumas to retire July 12, 2024; interim CFO planned","bullets":["CFO Ronald Tsoumas to retire effective July 12, 2024; search for permanent successor underway with executive search firm.","Company intends to appoint David Rawden of AlixPartners as interim CFO until a permanent successor is hired.","CEO Avi Avula entered a severance agreement providing 2x base salary plus target bonus on termination without cause.","Avula's relocation reimbursement cap increased from $200,000 to $400,000 under amended offer letter.","Tsoumas will receive $12,000/month consulting fee for 6 months post-retirement to assist transition; equity awards pro-rated."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-042613","json":"https://secwatch.observer/filing/0000950170-24-042613.json","markdown":"https://secwatch.observer/filing/0000950170-24-042613.md","text":"https://secwatch.observer/filing/0000950170-24-042613.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/65270/000095017024042613/0000950170-24-042613-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/65270/000095017024042613/mei-20240408.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T01:36:17.425491+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":"68d08de527","claim":"David Rawden was appointed as Interim Chief Financial Officer at METHODE ELECTRONICS INC.","evidence_excerpt":"On April 8, 2024, the Company announced the Board’s current intention to appoint David Rawden of AlixPartners, a business advisory firm currently providing a variety of consulting services to the Company, to serve as the Company’s Interim Chief Financial Officer upon Mr. Tsoumas’ retirement.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/65270/000095017024042613/0000950170-24-042613-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"announced the Board’s current intention to appoint"},{"label":"Role","value":"Interim Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"d9d0c40e62","claim":"Ronald L.G. Tsoumas departed as Chief Financial Officer at METHODE ELECTRONICS INC.","evidence_excerpt":"On April 8, 2024, Methode Electronics, Inc. (the “Company”) announced that Ronald L.G. Tsoumas, its Chief Financial Officer, plans to retire effective July 12, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/65270/000095017024042613/0000950170-24-042613-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"plans to retire"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}