Stoneridge Appoints Matthew Horvath as Chief Financial Officer
“Since joining Stoneridge five years ago, Matt has been instrumental in shaping our transformation. During his tenure, he helped refine the company’s product portfolio and operations through multiple divestitures, led an award-winning investor relations team and was integral in the development and execution of our long-term strategic objectives. Matt has demonstrated outstanding leadership across the organization, and his strong business knowledge and financial acumen will be critical as we move our strategy forward, ”said Jon De Gaynor, President and CEO of Stoneridge. “Bob has done a tremendous job building a strong, disciplined finance team with deep experience and expertise. I thank Bob for his partnership and his many contributions over the past five years.”
Mr. Horvath previously served as executive director of corporate strategy and investor relations for the company, and before that, director of investor relations. Prior to joining Stoneridge, Mr. Horvath spent six years with EY, formerly known as Ernst & Young, in the Transaction Advisory practice, primarily focused on the valuation of businesses and assets, particularly in the automotive and transport industry. Mr. Horvath graduated from University of Michigan with a bachelor’s degree in finance.
“Matt’s deep understanding of our business, his ability to advance our long-term goals and his close relationships with our internal and external stakeholders have perfectly positioned him to be our next CFO,” said Bill Lasky, Chairman of the Board of Stoneridge.
Mr. Horvath said: “I have great respect for Bob and all the things we have accomplished as a team during his tenure and look forward to building on our successes. We will continue to achieve our strategic objectives by focusing on long-term, profitable growth, a strong balance sheet and the effective and efficient deployment of our available capital to generate shareholder value. ”
About Stoneridge, Inc.
Stoneridge, Inc., headquartered at Novi, Michigan, is an independent designer and manufacturer of high-tech electrical and electronic components, modules and systems primarily for the automotive, utility vehicle, all-terrain vehicle, motorcycle and agricultural vehicle markets. Additional information about Stoneridge is available at Stoneridge.com.
SOURCE Stoneridge, Inc.