Stoneridge CFO Matt Horvath resigns after 4+ years, departing just days after completing the $59M Control Devices sale demanded by activist investors.

Stoneridge CFO Matt Horvath Exits Days After Closing $59M Divestiture

Stoneridge sells Control Devices for $59M at 5x EBITDA to CenterRock Capital, plans debt paydown. Stock surges 10% as company focuses on MirrorEye growth.

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Stoneridge CFO Matt Horvath Exits Days After Closing $59M Divestiture

Stoneridge Sells Control Devices for $59M, Stock Jumps 10% as Company Doubles Down on MirrorEye