{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-077322","form_type":"8-K","ticker":"MEI","cik":"0000065270","company_name":"METHODE ELECTRONICS INC","filed_at":"2024-06-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.691138+00:00","generated_at":"2026-06-01T02:20:32.870586+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Methode Electronics appoints Jon DeGaynor as CEO effective July 15, 2024","bullets":["Jon DeGaynor, former Stoneridge CEO, appointed President and CEO; replaces interim CEO Kevin Nystrom.","Compensation includes $1M base salary, 125% target bonus, $4M annual equity award (40% time-vested RSUs, 60% TSR-based PSUs), and $500K sign-on RSU.","Q4 fiscal 2024 results to be released before market open on July 11, 2024.","Board increased to 11 members; DeGaynor appointed to fill the vacancy."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-077322","json":"https://secwatch.observer/filing/0000950170-24-077322.json","markdown":"https://secwatch.observer/filing/0000950170-24-077322.md","text":"https://secwatch.observer/filing/0000950170-24-077322.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/65270/000095017024077322/0000950170-24-077322-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/65270/000095017024077322/mei-20240624.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T02:20:32.870586+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":"304b432903","claim":"Jon DeGaynor was appointed as Director at METHODE ELECTRONICS INC.","evidence_excerpt":"the Board of Directors has increased the size of the Board from ten to eleven members and has appointed Mr. DeGaynor to the vacancy created","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/65270/000095017024077322/0000950170-24-077322-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"b82b9505c7","claim":"Jon DeGaynor was appointed as President and Chief Executive Officer at METHODE ELECTRONICS INC.","evidence_excerpt":"On June 25, 2024, Methode Electronics, Inc. (the “Company” or “Methode”) announced the appointment of Jon DeGaynor as the Company’s new President and Chief Executive Officer, starting July 15, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/65270/000095017024077322/0000950170-24-077322-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"},{"claim_id":"c46b531838","claim":"Kevin Nystrom departed as Interim Chief Executive Officer at METHODE ELECTRONICS INC.","evidence_excerpt":"Mr. DeGaynor will replace Kevin Nystrom, who has served as Interim Chief Executive Officer since May 7, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/65270/000095017024077322/0000950170-24-077322-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"replaced"},{"label":"Role","value":"Interim 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"}