Stoneridge director Jeffrey Draime not seeking re-election; board refreshment continues

STONERIDGE INC

Jeffrey P. Draime will not stand for re-election at the 2023 Annual Meeting but remains on board until then.
Draime had served as a director since 2005; he is the son of Stoneridge founder D.M. "Max" Draime.
Board retains a search firm to find a successor with executive leadership, tech expertise, and global market knowledge.
Past year: Frank Sklarsky joined board as Audit Committee chair as part of ongoing refreshment plan.

item 5.02 item 9.01

Executive movements

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Departed

Jeffrey P. Draime

Director

SRI · STONERIDGE INC

Filed: February 13, 2023, 6:59 PM ET

On February 7, 2023, Jeffrey P. Draime, a member of the Company’s Board of Directors, notified the Company that he has decided that he will not stand for re-election at the Company’s 2023 Annual Meeting of Shareholders.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffrey P. Draime departed as Director at STONERIDGE INC.

Action: not stand for re-election
Role: Director

Exact text from the filing

On February 7, 2023, Jeffrey P. Draime, a member of the Company’s Board of Directors, notified the Company that he has decided that he will not stand for re-election at the Company’s 2023 Annual Meeting of Shareholders.

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STONERIDGE INC filing history →

Source: SEC EDGAR

accession 0001043337-23-000004

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