Management ChangeJun 3, 2026, 05:12 PM
Stoneridge Appoints Scott Humphrey as CFO; Interim CFO Hartman Departs
AI Summary
Stoneridge, Inc. announced the appointment of Scott R. Humphrey as its new Chief Financial Officer and Treasurer, effective June 8, 2026. Humphrey brings over 25 years of international finance and operations experience, having previously served as CFO at Fox Factory Holding Corp. and interim CFO at Hibbett Sports. Robert J. Hartman, Jr. will step down as Interim CFO and Treasurer on the same date but will continue in his role as Chief Accounting Officer. Humphrey's compensation package includes an annual base salary of $475,000, a target annual bonus of 75% of his base salary, and a $300,000 sign-on equity grant.
Key Highlights
- Scott R. Humphrey appointed Chief Financial Officer and Treasurer, effective June 8, 2026.
- Robert J. Hartman, Jr. ceases as Interim CFO, continues as Chief Accounting Officer.
- Humphrey's annual base salary set at $475,000.
- Eligible for annual incentive plan with 75% target bonus of base salary.
- Received a $300,000 special sign-on equity grant of restricted stock units.
- Eligible for annual Long-Term Incentive Plan grants with 90% target of base salary.
- Will receive a $75,000 lump sum for relocation expenses.
Price Impact
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