Superior Industries Acquisition on Track to Close by September 30, 2025.

Superior Industries International, Inc. is on track to close its acquisition by a group of term loan investors, including Oaktree Capital Management, on or before September 30, 2025. The company received a majority shareholder vote and all required regulatory approvals. The acquisition was announced on July 9, 2025.

Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions, has announced significant leadership changes within its accounting and investor relations departments. The company aims to bolster its financial operations and investor engagement as it continues to navigate market dynamics.

Stacie Schulz has been appointed as Chief Accounting Officer, reporting to Chief Financial Officer Laura Kowalchik. Schulz brings extensive experience in technical accounting, SEC reporting, and financial operations, having held senior leadership roles at Superior Industries, Tenneco, and Federal-Mogul Holdings Corporation. This appointment underscores Methode's commitment to operational rigor and compliance.

Randy Wilson, who recently joined as Vice President of Global Treasury, has assumed responsibility for Investor Relations. His role has been expanded to include the title of Vice President, Global Treasury & Investor Relations. Wilson brings 20 years of expertise in corporate treasury, investor relations, and financial management, having held senior leadership roles at The Shyft Group and Terex Corporation. This consolidation of roles aims to streamline communication and improve shareholder engagement.

The company also announced that Rob Cherry, Vice President of Investor Relations, will be leaving the organization. "We thank Rob for his contributions to Methode and wish him success in his future endeavors," said Jon DeGaynor, President and Chief Executive Officer.

These changes come as Methode Electronics continues to expand its operations and maintain its position as a leading supplier of custom-engineered solutions. The company's focus on financial integrity and investor relations reflects its commitment to rebuilding credibility and growing with shareholders.