Methode Electronics, Inc. announced that Jonathan B. DeGaynor has been appointed as President and a member of the Board of Directors, effective July 15, 2024. With a 35-year career in engineered-products businesses, Mr. DeGaynor brings to Methode diverse experience at the intersection of operations, technology and strategy. From 2015 to 2023, he served as President and CEO of Stoneridge, Inc. At Stoneridge, he led a team that developed and executed a strategic shift toward being a systems provider for both passenger and commercial vehicle customers, particularly in the areas of vehicle intelligence and advanced safety systems. The strategy drove transformation across Stoneridge?s product portfolio, organizational structure and financial performance, leading to significant growth and value creation.

Since 2023, Mr. DeGaynor has been Executive Chairman of Racing and Performance, Inc. Jonathan B. DeGaynor, age 58, is currently the Executive Chairman of Racing and Performance, Inc. He previously served as President and CEO of Stoneridge, Inc., from 2015 to 2023. Prior to joining Stoneridge, Mr. DeGaynor was Vice President of Strategic Planning and Innovation at Guardian Industries Corp. From 2008 to 2014, he served as Vice President of Business Development and Managing Director of Asia for SRG Global, Inc. From 2005 to 2008, he was the Chief Operating Officer, International for Autocam Corporation.

Mr. DeGaynor received a Bachelor of Science in mechanical engineering from the University of Michigan and an MBA from the Wharton School of the University of Pennsylvania.