Stoneridge Appoints Internal Veteran Robert Hartman as Interim CFO Amidst Financial Challenges

summarizeSummary

Stoneridge Inc. appointed Robert J. Hartman, Jr., its Chief Accounting Officer, as Interim Chief Financial Officer and Treasurer, effective March 31, 2026, following the previously disclosed resignation of Matt Horvath.

check_boxKey Events

• Interim CFO Appointed

  Robert J. Hartman, Jr., the Chief Accounting Officer, was named Interim Chief Financial Officer and Treasurer, effective March 31, 2026. He will continue to serve as Chief Accounting Officer.

• CFO Departure Confirmed

  The filing confirms the resignation of Matt Horvath as CFO and Treasurer, effective March 31, 2026, as previously disclosed on January 27, 2026.

• Interim Compensation Package

  Mr. Hartman will receive a $50,000 recognition bonus, a $118,646 retention bonus, and a grant of 30,000 share units vesting over three years, in addition to his regular annual grant.

auto_awesomeAnalysis

This 8-K addresses the previously announced departure of the CFO by appointing Robert J. Hartman, Jr., the current Chief Accounting Officer and a 27-year company veteran, as Interim CFO. This move provides crucial leadership continuity and stability during a period of significant financial challenges for Stoneridge, including recent substantial net losses and a credit facility amendment. The appointment of an experienced internal candidate as interim CFO is a stabilizing factor as the company navigates its financial restructuring and searches for a permanent replacement.