Methode Electronics Cuts Executive COBRA Benefits, Ends Deferred Compensation Plan

Reuters2025-12-19

Methode Electronics Cuts Executive COBRA Benefits, Ends Deferred Compensation Plan

Methode Electronics Inc. has amended its Change in Control Agreements with several executives, including CFO Laura Kowalchik, SVP Lars Ullrich, Chief Procurement and EHS Officer John Erwin, and General Counsel Kerry Vyverberg. The amendments reduce the duration of COBRA continuation coverage for these executives from twenty-four months to eighteen months. Additionally, the company’s Board of Directors has approved the termination of its Deferred Compensation Plan, effective December 31, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Methode Electronics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000065270-25-000019), on December 18, 2025, and is solely responsible for the information contained therein.

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