{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-042081","form_type":"8-K","ticker":"MEI","cik":"0000065270","company_name":"METHODE ELECTRONICS INC","filed_at":"2023-08-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.412987+00:00","generated_at":"2026-06-11T01:37:25.121941+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 CEO Donald Duda to retire; external successor search begun","bullets":["CEO Donald Duda will retire once a successor is found, expected after fiscal 2024 (April 2024).","Board has engaged Spencer Stuart for external CEO search; transition should conclude in fiscal 2025.","Duda to receive $350K/month consulting fee for 9 months post-retirement, subject to non-compete.","Duda led Methode for 19 years, growing sales from $359M (FY2004) to $1.2B (FY2023).","Q1 FY2024 results due Sept 7, 2023; Duda will continue as CEO until new hire."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-042081","json":"https://secwatch.observer/filing/0001140361-23-042081.json","markdown":"https://secwatch.observer/filing/0001140361-23-042081.md","text":"https://secwatch.observer/filing/0001140361-23-042081.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/65270/000114036123042081/0001140361-23-042081-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/65270/000114036123042081/brhc20058303_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T01:37:25.121941+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":"84ad56ff37","claim":"Donald W. Duda departed as President and Chief Executive Officer at METHODE ELECTRONICS INC.","evidence_excerpt":"On August 31, 2023, Methode Electronics, Inc. (the “Company”) announced that Donald W. Duda, its President and Chief Executive Officer, plans to retire once a successor is found.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/65270/000114036123042081/0001140361-23-042081-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"plans to retire"},{"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"}