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Methode Electronics Executive Compensation (FY26)

MEI · Southfiled, MI · Executive and director compensation, fiscal 2022 to 2026

The paid brief on Methode Electronics

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
New filing — September 17, 2026, data updatedData as of September 19, 2026Latest filing (8-K): September 17, 2026
14 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Methode Electronics brief$1,500Get the executive brief
245 figures on this page: 234 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Chief executive, fiscal 2026
◇
Jonathan DeGaynor
Latest say-on-pay support
=
September 16, 2026
Chief executive pay ratio
◇
To the median employee

More on Methode Electronics

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Jonathan DeGaynor: $5,739,219 → $8,090,755 (41.0% higher)
CEO pay ratio: 492:1 → 678:1 (37.8% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Methode Electronics' chief executive and what were they paid?
Total compensation for Jonathan DeGaynor, President and Chief Executive Officer, came to $8,090,755 in fiscal 2026. DeGaynor's total was 41.0% higher than the $5,739,219 reported for fiscal 2025.
What was Methode Electronics' say-on-pay result?
The say-on-pay proposal drew 87.7% of votes cast for or against in favor at the meeting held September 16, 2026 for fiscal 2026.
Which companies are in Methode Electronics' peer group?
Companies named in the disclosed peer group include Belden Corporation, Benchmark Electronics, Inc., Cooper-Standard Holdings Inc., CTS Corporation and Fabrinet, among others.
What is Methode Electronics' chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2026 is 678:1, against median employee compensation of $11,926.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Donald Duda
Former President and Chief Executive Officer
◇◇——◇—◇◇
Ronald Tsoumas
Former Chief Financial Officer
◇◇——◇—◇◇
Andrea Barry
Chief Administrative Officer
◇◇——◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Donald Duda
Former President and Chief Executive Officer
Departed during or after this year
◇◇——◇—◇◇
Joseph Khoury
Chief Operating Officer
◇◇——◇—◇◇
Ronald Tsoumas
Chief Financial Officer
◇◇——◇—◇— not reconciled
Andrea Barry
Chief Administrative Officer
◇◇——◇—◇◇
Kerry Vyverberg
General Counsel
◇—◇—◇—◇◇
Kevin Martin
Vice President, North America
◇◇——◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Kerry Vyverberg
General Counsel
◇———◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jonathan DeGaynor
President and Chief Executive Officer
◇—◇—◇—◇◇
Laura Kowalchik
Chief Financial Officer
◇◇◇—◇—◇◇
Lars Ullrich
Senior Vice President, Global Automotive Business
◇◇◇—◇—◇◇
John Erwin
Chief Procurement and EHS Officer
◇—◇—◇—◇◇
Kerry Vyverberg
General Counsel
◇———◇—◇◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jonathan DeGaynor
President and Chief Executive Officer
◇—◇—◇—◇◇
Laura Kowalchik
Chief Financial Officer
◇—◇—◇—◇◇
Lars Ullrich
Senior Vice President, Global Automotive Business
◇—◇—◇—◇◇
Kerry Vyverberg
General Counsel
◇◇◇—◇—◇◇
John Erwin
Chief Procurement and EHS Officer
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2026
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
John ErwinPSU◇◇◇◇◇—◇
Jonathan DeGaynorPSU◇◇◇◇◇—◇
Kerry VyverbergPSU◇◇◇◇◇—◇
Lars UllrichPSU◇◇◇◇◇—◇
Laura KowalchikPSU◇◇◇◇◇—◇
Fiscal 2023, 2024, 2025 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2026 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Jonathan DeGaynorPSU◇◇——
RSU◇◇——
John ErwinRSU◇◇——
PSU◇◇——
Laura KowalchikPSU◇◇——
RSU◇◇——
Kerry VyverbergRSU◇◇——
PSU◇◇——
Lars UllrichRSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
John Erwin
Chief Procurement and EHS Officer · Change-in-control agreement · citing a 2025 filing
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Jonathan DeGaynor
President and Chief Executive Officer · Offer letter · citing a 2025 filing
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Kerry Vyverberg
General Counsel · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Lars Ullrich
Senior Vice President, Global Automotive Business · Amended agreement · citing a 2025 filing
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Laura Kowalchik
Chief Financial Officer · Offer letter · citing a 2025 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Clawback◇

Director compensation

What each non-employee director was paid.
Fiscal 2026
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Mark D. Schwabero
Board chair
◇◇————◇
Mary A. Lindsey
◇◇————◇
David P. Blom
◇◇————◇
Brian J. Cadwallader
◇◇————◇
Therese M. Bobek
◇◇————◇
Bruce K. Crowther
◇◇————◇
Jonathan B. DeGaynor served on the board in fiscal 2026 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee member◇
Compensation committee member◇
Nominating and governance member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
  • Belden Corporation BDC
  • Benchmark Electronics, Inc. BHE
  • Cooper-Standard Holdings Inc. CPS
  • CTS Corporation CTS
  • Fabrinet FN
  • Franklin Electric Company, Inc. FELE
  • Gentherm Incorporated THRM
  • Kimball Electronics, Inc. KE
  • Knowles Corporation KN
  • Littelfuse, Inc. LFUS
  • Modine Manufacturing Company MOD
  • OSI Systems, Inc. OSIS
  • Rogers Corporation ROG
  • Stoneridge, Inc. SRI
  • TTM Technologies, Inc. TTMI

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2026September 16, 2026=◇◇◇
2025September 17, 2025=◇◇◇
2024September 11, 2024=◇◇◇
2023September 13, 2023=◇◇◇
2021September 14, 2022=◇◇◇
2020September 15, 2021=◇◇◇
2019September 16, 2020=◇◇◇
2018September 12, 2019=◇◇◇
2017September 13, 2018=◇◇◇
2016September 14, 2017=◇◇◇
2015September 15, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Methode Electronics disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Methode Electronics sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
245 figures on this page: 234 cited to the filing that reported them, 11 calculated from figures it prints.
234 cited to the filing
11 calculated from the filing

Documents cited

  1. 0000065270-26-000052
  2. 0001140361-26-030317
    CEO PAY RATIO · DIRECTOR COMPENSATION · Director Compensation · Grants of Plan-Based Awards · and 2 more sections
  3. 0000065270-25-000007
  4. 0001140361-25-028237
    Compensation Discussion and Analysis · Summary Compensation Table
  5. 0000950170-24-106001
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000950170-23-048467
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0001140361-23-036488
    Summary Compensation Table
  8. 0000950170-22-018495
    Say-on-Pay Proposal
  9. 0001564590-21-048238
    Say-on-Pay Proposal
  10. 0001564590-20-044130
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0000065270-19-000031
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0000065270-18-000033
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0000065270-17-000031
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0000065270-16-000068
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Methode Electronics executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/MEI (accessed 2026).
Short form: data: Velarion

The paid brief for Methode Electronics

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
14 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Methode Electronics discloses

The companies named in MEI's own disclosed peer group.

Belden CorporationBenchmark Electronics, Inc.Cooper-Standard Holdings Inc.CTS CorporationFabrinetFranklin Electric Company, Inc.Gentherm IncorporatedKimball Electronics, Inc.Knowles CorporationLittelfuse, Inc.Modine Manufacturing CompanyOSI Systems, Inc.Rogers CorporationStoneridge, Inc.TTM Technologies, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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