# EDGAR Filing Document

**Accession Number:** 0001043337
**File Stem:** 0001043337-23-000015
**Filing Date:** 2023-3
**Character Count:** 9100
**Document Hash:** 1d81d6d95f531bc1fffacca5f9fa2400
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001043337-23-000015.hdr.sgml**: 20230308

**ACCESSION NUMBER**: 0001043337-23-000015

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20230308

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230308

**DATE AS OF CHANGE**: 20230308

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** STONERIDGE INC
- **CENTRAL INDEX KEY:** 0001043337
- **STANDARD INDUSTRIAL CLASSIFICATION:** MOTOR VEHICLE PARTS & ACCESSORIES [3714]
- **IRS NUMBER:** 341598949
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-13337
- **FILM NUMBER:** 23716764

**BUSINESS ADDRESS:**
- **STREET 1:** 39675 MACKENZIE DRIVE
- **STREET 2:** SUITE 400
- **CITY:** NOVI
- **STATE:** MI
- **ZIP:** 48377
- **BUSINESS PHONE:** 2484899300

**MAIL ADDRESS:**
- **STREET 1:** 39675 MACKENZIE DRIVE
- **STREET 2:** SUITE 400
- **CITY:** NOVI
- **STATE:** MI
- **ZIP:** 48377

?xml version="1.0" ? sri-20230308

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the**

**Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): March 8, 2023

**<u>STONERIDGE, INC.</u>**

(Exact Name of Registrant as Specified in its Charter)

---

| | | |
|:---|:---|:---|
| **<u>Ohio</u>** | **<u>001-13337</u>** | **<u>34-1598949</u>** |
| (State or Other Jurisdiction<br>of Incorporation) | (Commission<br>File Number) | (I.R.S. Employer<br>Identification No.) |

---

**<u>39675 MacKenzie Drive, Suite 400, Novi, Michigan 48377</u>**

(Address of principal executive offices, and Zip Code)

**<u>(248) 489-9300</u>**

Registrant's Telephone Number, Including Area Code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

□ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

□ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

□ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

□ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| **Common Shares, without par value** | **SRI** | **New York Stock Exchange** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 Emerging growth company □

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. □

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**ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of**

**Certain Officers; Compensatory Arrangements of Certain Officers.**

(d)&nbsp;&nbsp;&nbsp;&nbsp;After a comprehensive search by a national third-party search firm conducted on behalf of the Nominating and Corporate Governance Committee (the "NCG Committee") of the Company's Board of Directors (the "Board"), and after a recommendation by the NCG Committee, effective March 8, 2023, the Board elected Sheila M. Rutt to the Board. In conjunction with Ms. Rutt's election, the Board increased the Board's size by one to bring the total number of directors to ten. Ms. Rutt will serve a term that continues until the Company's 2023 Annual Meeting of Shareholders and is expected to be a nominee for Board election by the shareholders at the 2023 Annual Meeting of Shareholders.

Ms. Rutt's compensation for her services as a director will be the same as the Company's other non-management, independent directors, as described in the Company's definitive proxy statement, filed with the Securities and Exchange Commission on April 7, 2022, under "Director Compensation."

There are no arrangements or understandings between Ms. Rutt and any other person pursuant to which Ms. Rutt was elected as a director. The Company believes there are no transactions in which Ms. Rutt has an interest requiring disclosure under Item 404(a) of Regulation S-K.

Ms. Rutt meets the independence criteria set forth in the Company's corporate governance guidelines and applicable rules of the Securities and Exchange Commission and the listing standards of the New York Stock Exchange.

Please refer to the press release dated March 8, 2023 announcing Ms. Rutt's appointment to the Company's Board of Directors for additional information regarding her background.

**ITEM 9.01&nbsp;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits.**

(d)&nbsp;&nbsp;&nbsp;&nbsp;Exhibits

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| | |
|:---|:---|
| Exhibit No. | Description |
| <u>[99.1](pressreleasedatedmarch82023.htm)</u> | <u>[Press Release, dated](pressreleasedatedmarch82023.htm)[March 8](pressreleasedatedmarch82023.htm)[, 2023, announcing the election of](pressreleasedatedmarch82023.htm)[Sh](pressreleasedatedmarch82023.htm)[eila M. Rutt](pressreleasedatedmarch82023.htm)[to the Company's Board of Directors.](pressreleasedatedmarch82023.htm)</u> |
| 104 | Cover Page Interactive Data File (the Cover Page Interactive Data File is embedded within the Inline XBRL document) |

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
| | **Stoneridge, Inc.** |
| Date: March 8, 2023 | /s/ Matthew R. Horvath |
| | Matthew R. Horvath<br>Chief Financial Officer and Treasurer<br>(Principal Financial Officer) |

---

## Exhibit 99.1

**Exhibit 99.1**

![stoneridge_rgb.jpg](stoneridge_rgb.jpg)

**Stoneridge Elects Sheila M. Rutt to Board of Directors**

**NOVI, Mich.** — March 8, 2023 — Stoneridge, Inc. (NYSE: SRI), a leader in highly engineered electrical and electronic components for the commercial vehicle, automotive, and off-highway industries, today announced that Sheila M. Rutt has been elected to its board of directors.

Rutt currently serves as the chief human resources officer of Culligan International, a global water solutions and services company that provides clean and sustainable drinking water for residential, commercial, and industrial consumers.

"Sheila is a recognized leader in structuring transforming organizations, as well as elevating and enhancing a company's corporate culture. Sheila's experience will help us continue to foster a performance-based and inclusive culture focused on accountability and collaboration," said William M. Lasky, chairman of the board, Stoneridge, Inc. "With the addition of Sheila to the Board, we will continue to align the Board's skills and expertise with the Company's transformation and long-term strategy."

Before joining Culligan International, Rutt was executive vice president, chief human resources officer of RR Donnelley, a Fortune 500 global integrated communications company providing marketing solutions, multichannel business communications, commercial printing, and related services.

Previously, Rutt spent 17 years with Diebold Nixdorf Incorporated, serving in a variety of management roles, ultimately rising to the position of chief human resources officer.

Rutt served as the campaign chair for the American Heart Association. She previously served on the United Way of Greater Stark County, Ohio where she was the director and the campaign chair.

Rutt earned a PhD in industrial/organizational psychology from the University of Akron and a master's degree in business administration from Walsh University.

In conjunction with the election of Rutt to the board of directors, the Board size was increased to 10 members. Stoneridge recently announced a continued board refreshment plan to attract the necessary talent to impact and accelerate the Company's transformation.

**About Stoneridge, Inc.** 

Stoneridge, Inc., headquartered in Novi, Michigan, is a global designer and manufacturer of highly engineered electrical and electronic systems, components, and modules for the automotive, commercial, off-highway and agricultural vehicle markets. Additional information about Stoneridge can be found at www.stoneridge.com.

**For more information, contact Kelly K. Harvey, Director Investor Relations (Kelly.Harvey@Stoneridge.com)**