Stoneridge Appoints Scott Humphrey as New CFO Amidst Financial Challenges
SRI sits 64% above its 52-week low of $4.6.
Summary
Stoneridge Inc. appointed Scott R. Humphrey, a seasoned executive, as its new CFO, a key move to bolster financial leadership amidst recent losses and an arbitration claim.
Key Events · Executive and Board Changes · SRI
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New Chief Financial Officer Appointed
Scott R. Humphrey, with over 25 years of international finance experience, has been appointed as Chief Financial Officer and Treasurer, effective June 8, 2026.
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Interim CFO Transitions to Chief Accounting Officer
Robert J. Hartman, Jr. will cease to serve as Interim CFO and Treasurer but will continue in his role as Chief Accounting Officer, ensuring continuity in financial operations.
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Experienced Financial Leadership
Mr. Humphrey's prior roles include Chief Financial Officer at Fox Factory Holding Corp. and Interim Chief Financial Officer at Hibbett Sports, bringing a strong track record to Stoneridge.
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Compensation Package Detailed
Mr. Humphrey will receive an annual base salary of $475,000, a target annual bonus opportunity of 75% of his base salary, and a special sign-on equity grant of $300,000 in restricted stock units.
Analysis · SRI · Manufacturing
Stoneridge Inc. has appointed Scott R. Humphrey, an experienced financial executive, as its new Chief Financial Officer. This move is significant as the company navigates recent financial losses and an ongoing arbitration claim. Humphrey's background, including CFO roles at Fox Factory and Hibbett Sports, suggests a strategic effort to strengthen financial leadership and drive profitability.
At the time of this filing, SRI was trading at $7.53 on NYSE in the Manufacturing sector, with a market capitalization of approximately $212.6M. The 52-week trading range was $4.60 to $9.71. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.