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Last $11.95 USD
Change Today -0.24 / -1.97%
Volume 64.2K
SRI On Other Exchanges
New York
As of 8:04 PM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

stoneridge inc (SRI) Snapshot

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Day High
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52 Week High
10/31/14 - $13.40
52 Week Low
05/20/14 - $8.68
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Current Stock Chart for STONERIDGE INC (SRI)

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stoneridge inc (SRI) Details

Stoneridge, Inc. designs and manufactures electrical and electronic components, modules, and systems for the automotive, commercial vehicle, motorcycle, off-highway, and agricultural vehicle markets primarily in North America, South America, and Europe. It operates through three segments: Control Devices, Electronics, and PST. The Control Devices segment provides sensors, switches, valves, and actuators, as well as other electronic products that monitor, measure, or activates specific functions within a vehicle; and electromechanical actuator products that enable original equipment manufacturers to deploy power functions in a vehicle and can be designed to integrate switching and control functions. The Electronics segment offers electronic instrument clusters, electronic control units, and driver information systems. Its products collect, store, and display vehicle information, such as speed, pressure, maintenance data, trip information, operator performance, temperature, distance traveled, and driver messages related to vehicle performance. This segment’s power distribution modules and systems regulate, coordinate, and direct the operation of the electrical system within a vehicle. The PST segment offers electronic vehicle security alarms, convenience accessories, vehicle tracking devices and monitoring services, and in-vehicle audio and video devices. This segment’s products include alarms, convenience applications, vehicle monitoring and tracking devices, and infotainment systems. Stoneridge, Inc. was founded in 1965 and is headquartered in Warren, Ohio.

4,200 Employees
Last Reported Date: 03/13/15
Founded in 1965

stoneridge inc (SRI) Top Compensated Officers

Chief Financial Officer, Pirncipal Accounting...
Total Annual Compensation: $374.7K
Vice President of Operations
Total Annual Compensation: $236.3K
Vice President and President of the Control D...
Total Annual Compensation: $297.5K
President of Global Sales and Vice President
Total Annual Compensation: $309.2K
Executive Advisory and Executive Director
Total Annual Compensation: $723.5K
Compensation as of Fiscal Year 2014.

stoneridge inc (SRI) Key Developments

Stoneridge Inc. Enters into Amendment to the Credit Agreement

On March 26, 2015, Stoneridge Inc. entered into Amendment No. 1 to the Third Amended and Restated Credit Agreement by and among the company and certain of its subsidiaries as Borrowers, PNC Bank, National Association, as Administrative Agent and PNC Bank, National Association, JPMorgan Chase Bank, N.A., Compass Bank, Citizens Bank, National Association, The Huntington National Bank, U.S. Bank National Association, BMO Harris Bank, N.A., First Niagara Bank, N.A. and First Commonwealth Bank as Lenders. The Amendment modifies the definition of Consolidated EBITDA within the Agreement to allow for the add back of cash premiums and other non-cash charges related to the amendment and restatement of the Agreement and the early extinguishment of the company's 9.5% Senior Secured Notes totaling $10.6 million both of which occurred in second half of 2014. Consolidated EBITDA is used in computing the company's leverage ratio and interest coverage ratio which are covenants within the Agreement.

Stoneridge Inc. Presents at Sidoti & Company, LLC's 19th Annual Emerging Growth Research Institutional Investor Forum, Mar-17-2015 02:40 PM

Stoneridge Inc. Presents at Sidoti & Company, LLC's 19th Annual Emerging Growth Research Institutional Investor Forum, Mar-17-2015 02:40 PM. Venue: The Grand Hyatt Hotel, 109 E 42nd St., New York, NY 10017, United States. Speakers: John C. Corey, Chief Executive Officer, President and Executive Director, Kenneth A. Kure, Director of Finance and Corporate Treasurer.

Stoneridge Inc. Announces Executive and Board Changes, Effective March 30, 2015

The Board of Directors of Stoneridge Inc. announced the appointment of Jonathan B. DeGaynor as the Company's President and Chief Executive Officer, effective on March 30, 2015. Mr. DeGaynor's appointment is due to the retirement of the current President and CEO, John Corey. Mr. Corey will serve in an executive advisory capacity between March 30, 2015 and his official retirement date of June 30, 2015. Mr. Corey was appointed CEO of Stoneridge in January of 2006 after having served on the Board of Directors of Stoneridge beginning in 2004. Mr. DeGaynor, 48, is currently the Vice President of Strategic Planning and Innovation for Guardian Industrial Corp.


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