#USA #CFO #Novi #Stoneridge #Matt Horvath

Stoneridge's Leadership Change

On February 2, 2026, Stoneridge, Inc. (NYSE: SRI) made headlines with the announcement of Chief Financial Officer Matt Horvath's resignation, effective March 31, 2026. Horvath, who has been a key figure in the company for almost a decade, is leaving to pursue an opportunity in another industry sector.

Transition Plan in Place

In light of his departure, Stoneridge's executive team and Board of Directors are embarking on an extensive search to find a new Chief Financial Officer. Until the company appoints a permanent successor, the current Chief Accounting Officer, Robert Hartman, will step in to assist Matt Horvath during this transition period. Hartman has a strong history with Stoneridge, holding various roles for 27 years in areas such as accounting, financial planning, analysis, and internal audit.

Key Contributions of Matt Horvath

During his tenure, Horvath played an instrumental role in shaping Stoneridge's transformation and future direction. Jim Zizelman, the President and CEO of Stoneridge, expressed gratitude for Horvath's contributions, noting that he significantly advanced the company's strategic portfolio while managing essential partnerships and leading several impactful divestitures, including the recent sale of the Control Devices segment. His efforts not only focused on financial stability through meticulous capital allocation but also emphasized improving margins and generating cash flow.

“The finance team, under Bob’s leadership, will keep the momentum and ensure that Stoneridge is well-positioned for long-term success,” Zizelman added.

Stoneridge's Commitment to Shareholder Value

Stoneridge remains devoted to its shareholders and is actively pursuing its strategic goals to maintain its status as a leader in the global transportation industry. The company's focus lies in providing safe and efficient electronic systems and technologies, which enhance vehicle intelligence and safety across various transportation sectors, both on- and off-highway.

For more information about Stoneridge and its innovative solutions, visit www.stoneridge.com.

Looking Ahead

This leadership change signals a pivotal moment for Stoneridge as it navigates through this transitional phase. The commitment to deliver on its shareholder value promises to keep the company's strategic objectives on track amidst this leadership shift. Investors and stakeholders will be keenly observing how this decision will influence the company's direction and overall market positioning in the coming months.