0001043337FALSE00010433372024-05-222024-05-22

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 22, 2024
STONERIDGE, INC.
(Exact Name of Registrant as Specified in its Charter)
Ohio001-1333734-1598949
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
39675 MacKenzie Drive, Suite 400, Novi, Michigan 48377
(Address of principal executive offices, and Zip Code)
(248) 489-9300
Registrant’s Telephone Number, Including Area Code
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Shares, without par valueSRINew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth companyo
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o


ITEM 7.01 Regulation FD Disclosure.
On May 22, 2022, the Company announced (i) the appointment Natalia Noblet as the President of the Company’s Electronics Division, effective September 1, 2024, and (ii) and resignation of Peter Österberg as the President of the Electronics Division. Upon mutual agreement, Mr. Österberg’s last day with the Company will be August 7, 2024. The press release containing those announcements is attached hereto as Exhibit 99.1 and is hereby incorporated into this Item 7.01.
There is no arrangement or understanding between Ms. Noblet and any other person pursuant to which she was elected as an officer of the Company other than an understanding between the Company and Ms. Noblet regarding her initial compensation and benefits, and there are no family relationships between Ms. Noblet and any of the Company’s directors or executive officers. There are no transactions to which the Company is a party and in which Ms. Noblet has a direct or indirect material interest that would be required to be disclosed under Item 404(a) of Regulation S-K. Ms. Noblet has accepted the Company’s offer letter and the Company expects to enter into a formal employment agreement with Ms. Noblet prior to her commencement of employment.
The information contained in this Item 7.01 and the press release are being furnished under Item 7.01 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall such information and exhibit be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such filing.
ITEM 9.01    Financial Statements and Exhibits.
(d)    Exhibits
Exhibit No.Description
104Cover Page Interactive Data File (the Cover Page Interactive Data File is embedded within the Inline XBRL document)


SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Stoneridge, Inc.
Date: May 22, 2024/s/ Matthew R. Horvath
Matthew R. Horvath
Chief Financial Officer and Treasurer
(Principal Financial Officer)

Exhibit 99.1

stoneridge_rgba.jpg

Stoneridge Appoints Natalia Noblet as President of Electronics Division
NOVI, Mich. — May 22, 2024 — Stoneridge, Inc. (NYSE: SRI), a leading designer and manufacturer of highly engineered electrical and electronic vehicle systems, has announced the appointment of Natalia Noblet as president of its Electronics Division, effective September 1, 2024. Noblet succeeds Peter Österberg, who, by mutual agreement, is leaving the company to pursue other opportunities.
Noblet will be responsible for leading financial performance, product development, business strategy and technical vision for Stoneridge's Electronics Division, the company’s largest and fastest growing segment focused on advanced driver assistance products, vision systems, and connectivity and compliance solutions for the commercial truck, bus, and off-highway end markets. She will also manage the Division’s engineering, sales and manufacturing functions to ensure alignment with Stoneridge’s business and operational strategy, drive operational excellence and deliver long-term shareholder value.
“Natalia’s appointment marks an exciting new chapter for the company,” said Jim Zizelman, president and CEO, Stoneridge. “Her proven track record of leadership and innovation align with our commitment to deliver cutting-edge solutions for the mobility industry. We’re confident that under her leadership, our Electronics Division will accelerate its drive forward in our mission of excellence in innovation and customer satisfaction.”
Most recently, Noblet served as the senior vice president EMEA (Europe, Middle East, Africa) Region within ZF’s Commercial Vehicle Solutions division. In this capacity, she led profit and loss for the region, including strategy, planning, sales, procurement, and manufacturing. Prior to this, Noblet spent nearly two decades at WABCO, where she held progressively challenging roles across operations, sourcing and purchasing, project management, quality, Six Sigma Lean, and change management. Following WABCO's acquisition by ZF in 2020, Noblet seamlessly transitioned into various leadership positions within ZF, focusing on integration, quality assurance and profit and loss ownership.
Noblet earned a master’s degree in international economic relations and a doctorate degree in economics and management science with a concentration in supply chain management, both from Wroclaw University of Economics and Business in Poland. She is certified Six Sigma Master Black Belt.
Noblet will join Stoneridge’s leadership team, reporting to Zizelman.
About Stoneridge, Inc.
Stoneridge, Inc., headquartered in Novi, Michigan, is a global designer and manufacturer of highly engineered electrical and electronic systems, components, and modules for the automotive, commercial, off-highway and agricultural vehicle markets. Additional information about Stoneridge can be found at Stoneridge.com.
Contact:
Samantha Simmerson
Senior Manager, Global Marketing and Communications
Samantha.Simmerson@stoneridge.com
+1.248.829.2173
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v3.24.1.1.u2
Cover
May 22, 2024
Cover [Abstract]  
Document Type 8-K
Document Period End Date May 22, 2024
Entity Registrant Name STONERIDGE, INC.
Entity Incorporation, State or Country Code OH
Entity File Number 001-13337
Entity Tax Identification Number 34-1598949
Entity Address, Address Line One 39675 MacKenzie Drive
Entity Address, Address Line Two Suite 400
Entity Address, City or Town Novi
Entity Address, State or Province MI
Entity Address, Postal Zip Code 48377
City Area Code 248
Local Phone Number 489-9300
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Shares, without par value
Trading Symbol SRI
Security Exchange Name NYSE
Entity Emerging Growth Company false
Entity Central Index Key 0001043337
Amendment Flag false
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