Stoneridge CFO Matt Horvath to Depart; Company Focuses on Continuity and Strategy

Novi-based Stoneridge navigates CFO departure

Finance leadership change shifts focus to continuity and strategy

Stoneridge Inc. is managing a planned departure at the top of its finance organization after Chief Financial Officer and Treasurer Matt Horvath announces his resignation effective March 31, 2026. Horvath, who is leaving to pursue opportunities in a different industry, is a nine-year company veteran credited with steering a multi-year transformation of the vehicle electronics supplier’s finance function. The company says he will remain in place through the end of March to help ensure an orderly handover.

The board initiates a search for a permanent successor while elevating internal continuity measures. Robert Hartman, Stoneridge’s Chief Accounting Officer with 27 years at the company, will work closely with Horvath during the transition to preserve reporting, controls and operational rhythms. Stoneridge frames the move as a deliberate effort to limit disruption to ongoing programs and supplier and customer relationships as it executes its broader strategic plan in transportation electronics.

Chief Executive Jim Zizelman emphasizes Horvath’s role in strengthening financial discipline and executing portfolio work that repositions the company. Zizelman highlights Horvath’s leadership in partnership management and in strategic divestitures, including the recent sale of the Control Devices segment, as examples of efforts to sharpen Stoneridge’s focus and drive cash generation. The company stresses its continued pursuit of operational excellence, prudent capital allocation and sustaining financial health while it seeks new finance leadership.

Company reasserts market focus

Stoneridge reiterates its commitment to designing and delivering electronic systems for on- and off-highway transportation worldwide, positioning the leadership change as part of an ongoing effort to concentrate resources on growth areas within the automotive and commercial vehicle electronics markets.

Regulatory caveat and next steps

The firm notes forward-looking statements about the transition’s potential impacts, acknowledging risks and uncertainties described in its SEC filings. Stoneridge directs interested parties to its website for further information as the board conducts the CFO search and the finance team executes the planned handover.