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): July 10, 2023 |
METHODE ELECTRONICS, INC.
(Exact name of Registrant as Specified in Its Charter)
Delaware | 001-33731 | 36-2090085 | ||
(State or Other Jurisdiction | (Commission File Number) | (IRS Employer | ||
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8750 West Bryn Mawr Avenue |
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Chicago, Illinois |
| 60631-3518 | ||
(Address of Principal Executive Offices) |
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Registrant’s Telephone Number, Including Area Code: (708) 867-6777 |
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(Former Name or Former Address, if Changed Since Last Report)
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:
Securities registered pursuant to Section 12(b) of the Act:
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| Trading |
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Common Stock, $0.50 Par Value |
| MEI |
| New 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 company ☐
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. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 10, 2023, Joseph Khoury was placed on leave from his position as Chief Operating Officer of Methode Electronics, Inc. (the “Company”), and his powers, authority and duties as such officer of the Company were suspended. Multiple other officers of the Company have assumed Mr. Khoury’s various management duties during his leave, and these officers will remain in their current positions while carrying out such additional responsibilities.
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 thereunto duly authorized.
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| Methode Electronics, Inc. |
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Date: | July 14, 2023 | By: | /s/ Ronald L.G. Tsoumas |
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| Ronald L.G. Tsoumas |