CFO Matt Horvath to Leave Stoneridge; Chief Accounting Officer to Oversee Transition

Stoneridge names CFO to leave, plans structured handover

Finance leadership change prompts structured transition

Stoneridge Inc. is moving to replace Chief Financial Officer and Treasurer Matt Horvath, who announces his resignation effective March 31, 2026 to pursue opportunities outside the industry. The Novi, Michigan-based supplier of electronic systems says Horvath — who has served nine years and is credited with helping reshape the company’s financial strategy — will assist in an orderly handover through his departure date.

The company’s board has launched a search for a new chief financial officer while leveraging internal expertise to preserve continuity. Robert Hartman, Stoneridge’s chief accounting officer with 27 years at the firm, is named to work closely with Horvath during the transition, underpinning an emphasis on operational stability in finance functions and reporting.

Management stresses the change does not alter the company’s pursuit of strategic objectives. President and CEO Jim Zizelman praises Horvath’s role in building a disciplined finance organization, executing key divestitures such as the Control Devices sale, managing partnerships and sustaining cash generation and capital allocation practices that support operational execution.

Business priorities and market positioning

Stoneridge reiterates its commitment to delivering electronic systems for on- and off-highway transportation globally, positioning itself as a supplier focused on safety and efficiency rather than on short-term market moves. The company frames the leadership shift as part of broader efforts to maintain momentum in its transformation and to continue pursuing enhancements in product and service offerings for vehicle OEMs and aftermarket customers.

Regulatory note and investor information

The company includes customary forward-looking language cautioning that the leadership transition could affect operations and strategy subject to risks and uncertainties described in its SEC filings. For further corporate information, Stoneridge directs stakeholders to its website at www.stoneridge.com.