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Methode Electronics Appoints Brad Corrodi as Chief Strategy Officer

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Methode Electronics (NYSE: MEI) has appointed Brad Corrodi as Chief Strategy Officer (CSO), effective March 10, 2025. Corrodi brings over 30 years of experience in strategic, investment, and operating roles to the global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications.

Based at the company's Chicago headquarters, Corrodi will focus on driving organic growth opportunities and exploring future M&A activities. A key aspect of his role will be identifying opportunities to expand Methode's power solutions enterprise into new and growing markets, supporting the company's broader transformation efforts to regain industry leadership.

Methode Electronics (NYSE: MEI) ha nominato Brad Corrodi come Chief Strategy Officer (CSO), con effetto dal 10 marzo 2025. Corrodi porta con sé oltre 30 anni di esperienza in ruoli strategici, di investimento e operativi per il fornitore globale di soluzioni ingegnerizzate su misura per interfacce utente, illuminazione e distribuzione di energia.

Con sede presso la sede centrale di Chicago dell'azienda, Corrodi si concentrerà sull'individuazione di opportunità di crescita organica ed esplorerà attività future di fusioni e acquisizioni. Un aspetto chiave del suo ruolo sarà l'identificazione di opportunità per espandere l'impresa delle soluzioni energetiche di Methode in nuovi mercati in crescita, supportando gli sforzi di trasformazione più ampi dell'azienda per riconquistare la leadership nel settore.

Methode Electronics (NYSE: MEI) ha nombrado a Brad Corrodi como Chief Strategy Officer (CSO), a partir del 10 de marzo de 2025. Corrodi aporta más de 30 años de experiencia en roles estratégicos, de inversión y operativos para el proveedor global de soluciones personalizadas para interfaces de usuario, iluminación y aplicaciones de distribución de energía.

Con sede en la oficina central de la empresa en Chicago, Corrodi se centrará en impulsar oportunidades de crecimiento orgánico y explorar futuras actividades de fusiones y adquisiciones. Un aspecto clave de su papel será identificar oportunidades para expandir la empresa de soluciones energéticas de Methode a nuevos mercados en crecimiento, apoyando los esfuerzos de transformación más amplios de la empresa para recuperar el liderazgo en la industria.

Methode Electronics (NYSE: MEI)는 Brad Corrodi를 Chief Strategy Officer (CSO)로 임명했으며, 2025년 3월 10일부터 효력이 발생합니다. Corrodi는 사용자 인터페이스, 조명 및 전력 분배 애플리케이션을 위한 맞춤형 엔지니어링 솔루션의 글로벌 공급업체에서 30년 이상의 전략적, 투자 및 운영 경험을 가지고 있습니다.

시카고 본사에 본사를 두고 있는 Corrodi는 유기적 성장 기회를 촉진하고 향후 인수합병 활동을 탐색하는 데 집중할 것입니다. 그의 역할의 핵심 측면은 Methode의 전력 솔루션 사업을 새로운 성장 시장으로 확장할 기회를 식별하는 것이며, 이는 업계 리더십을 회복하기 위한 회사의 더 넓은 변혁 노력에 기여할 것입니다.

Methode Electronics (NYSE: MEI) a nommé Brad Corrodi au poste de Chief Strategy Officer (CSO), à compter du 10 mars 2025. Corrodi apporte plus de 30 ans d'expérience dans des rôles stratégiques, d'investissement et opérationnels pour le fournisseur mondial de solutions sur mesure pour les interfaces utilisateur, l'éclairage et les applications de distribution d'énergie.

Basé au siège de l'entreprise à Chicago, Corrodi se concentrera sur la stimulation des opportunités de croissance organique et l'exploration des futures activités de fusions et acquisitions. Un aspect clé de son rôle sera d'identifier des opportunités pour étendre l'entreprise des solutions énergétiques de Methode vers de nouveaux marchés en croissance, soutenant ainsi les efforts de transformation plus larges de l'entreprise pour retrouver sa position de leader dans l'industrie.

Methode Electronics (NYSE: MEI) hat Brad Corrodi zum Chief Strategy Officer (CSO) ernannt, mit Wirkung zum 10. März 2025. Corrodi bringt über 30 Jahre Erfahrung in strategischen, investiven und operativen Rollen für den globalen Anbieter von maßgeschneiderten Lösungen für Benutzeroberflächen, Beleuchtung und Energieverteilung mit.

Mit Sitz in der Unternehmenszentrale in Chicago wird Corrodi sich darauf konzentrieren, organische Wachstumschancen zu fördern und zukünftige M&A-Aktivitäten zu erkunden. Ein zentraler Aspekt seiner Rolle wird es sein, Möglichkeiten zur Expansion von Methodes Energielösungsunternehmen in neue und wachsende Märkte zu identifizieren, um die breiteren Transformationsbemühungen des Unternehmens zur Wiedererlangung der Branchenführerschaft zu unterstützen.

Positive
  • Strategic hire with 30+ years experience
  • Focus on organic growth and M&A opportunities
  • Planned expansion into new power solutions markets
Negative
  • None.

CHICAGO, March 05, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, announced today that Brad Corrodi has been appointed as Chief Strategy Officer (CSO) effective March 10, 2025.

Mr. Corrodi joins Methode with more than 30 years of experience serving in strategic, investment, and operating roles. He will be based at the company’s headquarters in Chicago, Illinois.

“Brad’s blend of strategy and operational experience will be a key differentiator, as we continue to reshape Methode’s future,” said Jon DeGaynor, President and Chief Executive Officer. “With Brad’s extensive experience, he will bring a unique skill set to our organization that will first and foremost help us drive our organic growth opportunities and then, down the road, explore M&A activities. In addition to leading our strategy development, he will also especially focus on identifying and pursuing opportunities to expand our power solutions enterprise into new and growing markets. These actions, as well as all of our recent organizational changes, are foundational to our transformation efforts to return Methode to a prominent leadership position in our industry.”

Mr. Corrodi said, “I am thrilled to be joining Methode to support the needs of the organization and look forward to working with the team to serve our leading customers around the world.”

About Brad Corrodi
Brad Corrodi is a seasoned executive whose career has spanned over 30 years across strategy, advisory, and operating roles. He most recently was the founding Chief Technology Officer of Cathmere, a software platform applying multi-party cryptography to asset finance. He previously served as Vice President Fleet Products and Services at Stoneridge, as Strategy and Technology partner at the industrial innovation investor Logispring, and as a Principal in Booz Allen Hamilton’s strategy and technology group serving major commercial and government clients in the U.S., Europe, Middle East and Asia. Mr. Corrodi received his MBA from the Wharton School at the University of Pennsylvania and his BA in Electrical Engineering from Yale University.

About Methode Electronics, Inc.
Methode Electronics, Inc. (NYSE: MEI) is a leading global supplier of custom-engineered solutions with sales, engineering and manufacturing locations in North America, Europe, Middle East and Asia. We design, engineer, and produce mechatronic products for OEMs utilizing our broad range of technologies for user interface, lighting system, power distribution and sensor applications.

Our solutions are found in the end markets of transportation (including automotive, commercial vehicle, e-bike, aerospace, bus, and rail), cloud computing infrastructure, construction equipment, and consumer appliance. Our business is managed on a segment basis, with those segments being Automotive, Industrial, and Interface.

For Methode Electronics, Inc.
Robert K. Cherry
Vice President Investor Relations
rcherry@methode.com
708-457-4030


FAQ

When will Brad Corrodi start as Methode Electronics (MEI) Chief Strategy Officer?

Brad Corrodi will begin his role as CSO at Methode Electronics on March 10, 2025.

What are the main responsibilities of MEI's new Chief Strategy Officer?

The CSO will focus on driving organic growth, exploring M&A activities, and expanding power solutions into new markets.

How many years of experience does MEI's new Chief Strategy Officer have?

Brad Corrodi brings over 30 years of experience in strategic, investment, and operating roles.

What is the strategic goal of MEI's new CSO appointment?

The appointment aims to help transform Methode Electronics and return it to a prominent leadership position in the industry.
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