Methode Electronics Appoints Laura Kowalchik as Chief Financial Officer
Methode Electronics (NYSE: MEI) has appointed Laura Kowalchik as Chief Financial Officer, effective October 1, 2024. Kowalchik, currently CFO at Communication & Power Industries, brings over 25 years of experience in strategic, management, and financial roles in the automotive and industrial sectors. She succeeds interim CFO David Rawden.
President and CEO Jon DeGaynor expressed confidence in Kowalchik's ability to guide the finance organization and support Methode's transformation to drive profitability and return to growth. Kowalchik's track record includes leading finance organizations through successful strategic transformations, resulting in enhanced financial practices, more efficient systems, and improved operational results.
Methode Electronics (NYSE: MEI) ha nominato Laura Kowalchik come Chief Financial Officer, con effetto dal 1 ottobre 2024. Kowalchik, attualmente CFO presso Communication & Power Industries, porta con sé oltre 25 anni di esperienza in ruoli strategici, di gestione e finanziari nei settori automobilistico e industriale. Succede all'attuale CFO ad interim David Rawden.
Il presidente e CEO Jon DeGaynor ha espresso fiducia nelle capacità di Kowalchik di guidare l'organizzazione finanziaria e supportare la trasformazione di Methode per promuovere la redditività e il ritorno alla crescita. Il curriculum di Kowalchik include la guida di organizzazioni finanziarie attraverso trasformazioni strategiche di successo, portando a pratiche finanziarie migliorate, sistemi più efficienti e risultati operativi ottimizzati.
Methode Electronics (NYSE: MEI) ha designado a Laura Kowalchik como Directora Financiera, con efecto a partir del 1 de octubre de 2024. Kowalchik, que actualmente es CFO en Communication & Power Industries, aporta más de 25 años de experiencia en roles estratégicos, de gestión y financieros en los sectores automotriz e industrial. Sucede al CFO interino David Rawden.
El presidente y CEO Jon DeGaynor expresó confianza en la capacidad de Kowalchik para dirigir la organización financiera y apoyar la transformación de Methode para impulsar la rentabilidad y regresar al crecimiento. La trayectoria de Kowalchik incluye liderar organizaciones financieras a través de transformaciones estratégicas exitosas, resultando en prácticas financieras mejoradas, sistemas más eficientes y resultados operativos mejorados.
메소드 일렉트로닉스(뉴욕증권거래소: MEI)는 로라 코왈치크를 최고재무책임자로 임명했다, 2024년 10월 1일부터 효력이 발생한다. 현재 Communication & Power Industries의 CFO인 코왈치크는 자동차 및 산업 분야에서 전략, 관리 및 재무 역할에서 25년 이상의 경험을 가지고 있다. 그녀는 대행 CFO인 데이비드 로우든의 뒤를 잇는다.
회장 겸 CEO인 존 드게이너는 코왈치크가 재무 조직을 이끌고 메소드의 변화를 지원할 수 있는 능력에 대해 확신한다고 말했다 이익을 증대하고 성장을 되찾기 위해. 코왈치크의 경력은 성공적인 전략적 변화 과정을 통해 재무 조직을 이끌며, 개량된 재무 관행, 더 효율적인 시스템 및 개선된 운영 결과를 이루어낸 경험을 포함한다.
Methode Electronics (NYSE: MEI) a nommé Laura Kowalchik au poste de Directrice Financière, avec effet au 1er octobre 2024. Kowalchik, qui est actuellement CFO chez Communication & Power Industries, apporte plus de 25 ans d'expérience dans des rôles stratégiques, de gestion et financiers dans les secteurs automobile et industriel. Elle succède à David Rawden, CFO par intérim.
Le président et PDG Jon DeGaynor a exprimé sa confiance dans la capacité de Kowalchik à diriger l'organisation financière et à soutenir la transformation de Methode pour stimuler la rentabilité et revenir à la croissance. Le parcours de Kowalchik inclut la direction d'organisations financières à travers des transformations stratégiques réussies, conduisant à des pratiques financières améliorées, des systèmes plus efficaces et des résultats opérationnels optimisés.
Methode Electronics (NYSE: MEI) hat Laura Kowalchik zur Chief Financial Officer ernannt, mit Wirkung zum 1. Oktober 2024. Kowalchik, die derzeit CFO bei Communication & Power Industries ist, bringt über 25 Jahre Erfahrung in strategischen, management- und finanzwirtschaftlichen Rollen in der Automobil- und Industriebranche mit. Sie folgt auf den interimistischen CFO David Rawden.
Der Präsident und CEO Jon DeGaynor äußerte Vertrauen in Kowalchiks Fähigkeit, die Finanzorganisation zu leiten und die Transformation von Methode zu unterstützen, um die Rentabilität zu steigern und das Wachstum zurückzugewinnen. Kowalchiks Erfolgsbilanz umfasst die Leitung von Finanzorganisationen durch erfolgreiche strategische Transformationen, die zu verbesserten Finanzpraktiken, effizienteren Systemen und besseren Betriebsergebnissen geführt haben.
- Appointment of an experienced CFO with over 25 years of industry-relevant experience
- New CFO has a track record of successful strategic transformations in finance organizations
- Potential for improved financial practices and operational results under new CFO leadership
- None.
CHICAGO, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distribution applications, announced today that Laura Kowalchik has been appointed Chief Financial Officer (CFO), effective October 1, 2024. Ms. Kowalchik succeeds David Rawden, a director at AlixPartners LLP, who has served as interim CFO since July 12, 2024.
Ms. Kowalchik, currently the CFO of Communication & Power Industries (CPI), is a seasoned financial executive with more than 25 years of experience in strategic, management, and financial roles at public and private companies in the automotive and industrial markets. In particular, she has led multiple finance organizations through successful strategic transformations leading to enhanced financial practices, more efficient systems, and ultimately improved operational results.
President and Chief Executive Officer Jon DeGaynor said, “After a thorough search process, we are pleased to appoint an experienced executive of Laura’s caliber as the new CFO of Methode. She brings an impressive track record of delivering successful business transformations within our industry. The Board of Directors and I are confident that Laura is the right person to guide our finance organization and support our transformation to drive profitability and return to growth.”
Mr. DeGaynor added, “I thank David Rawden for lending his financial management experience and continuing to advance our key initiatives during his time as interim CFO.”
Ms. Kowalchik said, “I look forward to leading the Methode finance organization and working alongside Jon and the executive team. Methode has a long and storied past to leverage as it starts a new chapter in its history.”
About Laura Kowalchik
Laura Kowalchik, age 55, is currently the CFO of CPI, a global manufacturer of electronic components and subsystems focused primarily on communications, defense and medical markets, since February 2023. Prior to joining CPI, Ms. Kowalchik had been the CFO of Dayco Products, LLC from 2019 until 2023. She previously held senior financial management positions at Kenwal Steel Corp., Urban Science, Kaydon Corporation and other automotive supplier organizations. Ms. Kowalchik holds a B.S. degree in business administration, accounting from the University of Richmond and a MBA in finance from Indiana University. She currently serves on the board of directors of Gentherm Inc.
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, LED 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
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