Our Company

Advancing Technology that Moves the World Efficiently and Safely

Stoneridge, Inc. is an independent designer and manufacturer of highly engineered electrical and electronic components, modules and systems principally for the automotive, commercial vehicle, motorcycle, agricultural and off-highway vehicle markets. Stoneridge solutions power vehicle intelligence systems, provide dramatic increases in fuel efficiency, reduce emissions, and improve safety and security for everyone on the road.

History

Following are some of the highlights of the Company’s progress:

1965

Stoneridge is founded in Warren, Ohio, by D.M. Draime, as a one-customer, contract manufacturing business serving the automotive market. Draime remained Chairman of the Company’s Board of Directors until his death in 2006.

1988

Stoneridge acquires the Joseph Pollak Corporation, a manufacturer of electronic and electromechanical switch products in Boston, Massachusetts. Pollak, established in 1909, traces its automotive roots to supplying 2-pole connectors to Ford Motor Company on the Model T.

1992

Stoneridge acquires the Transportation Electronics Division of General Instruments, a manufacturer of power conversion modules and sophisticated instrumentation components. Located in El Paso, Texas and Juarez, Mexico, this acquisition was the starting point for our electronics business.

1995

Stoneridge acquires the power door lock actuator business unit from Kelsey-Hayes. The business is relocated from Brighton, Michigan to Boston, Massachusetts and merged with the existing four-wheel drive actuator and fuel valve production within the Pollak division.

1996

Stoneridge acquires approximately 45% of Berifors AB (“Berifors”), a Sweden-based manufacturer of electronic display panels and instrumentation for the European truck and commercial vehicle markets.

1997

Stoneridge completes its IPO on the New York Stock Exchange, (NYSE: SRI).

1997

Stoneridge acquires the remaining 55% of Berifors (later renamed Stoneridge Electronics), which solidly establishes our European presence in vehicle electronics.

1997

Stoneridge enters into a 50% joint venture agreement with PST Amazônia S.A. in Brazil, which provides us with a platform to expand further into the South American market.

1998

Stoneridge acquires Hi-Stat Manufacturing Co., Inc., with plants in Lexington, Ohio and Sarasota, Florida. This leading supplier of vehicle sensor and switch products was the largest acquisition in Stoneridge’s history and it enabled us to “close the loop” in terms of our electrical systems capabilities.

1999

Stoneridge acquires assets from a division of Delta Schoeller Limited (later renamed Stoneridge Pollak Limited), based in the United Kingdom, to grow the Company’s presence in European markets for switch, actuator and sensor products. Stoneridge acquires TVI Europe, Ltd. (later renamed Stoneridge Electronics Limited), based in Dundee, Scotland, providing the Company with products, expertise and customer base expansion in the area of transport monitoring devices for commercial vehicles.

2004

A joint venture is established with Minda Group, one of India’s major automotive suppliers, based in New Delhi, India. This joint venture meets the growing market for electronic instrumentation and vehicle information management systems in Asia. A new representative office was opened in Shanghai, China, to manage existing supplier base and to help secure new low-cost supply sources of components for use in our manufacturing operations.

2005

Stoneridge establishes a new subsidiary in Suzhou, China, for the manufacture of sensors, switches, electronic instrumentation and other related electromechanical products for the automotive and commercial vehicle markets.

2009

Stoneridge acquires a 51% equity interest in Bolton Conductive Systems LLC (“BCS”), an electrical system supplier based in Walled Lake, Michigan. BCS designs and manufactures a wide variety of electrical solutions for the military, automotive, marine, and specialty vehicle markets.

2011

Stoneridge acquires an additional 24% ownership of PST Eletrônica S.A. (“PST”, formerly known as PST Industria Eletronica da Amazonia Limitada), a Brazil-based electronic system provider focused on security, infotainment and accessories primarily for the automotive and motorcycle markets. At the conclusion of the transaction, Stoneridge’s ownership interest in PST increased from 50% to 74%.

2014

Stoneridge acquires ownership of Motometer GmbHB, a Germany-based distributor of tachographs, accessories and the Motodrive analysis software. Founded in 1912, MotoMeter is a well-recognized brand within the German commercial vehicle market.

2014

Stoneridge sells its Wiring Business to Motherson Sumi Systems Ltd. to focus resources on our technology-driven business segments.

2016

Company headquarters moves from Warren, OH to Novi, MI.

2017

In January 2017, Stoneridge completed the acquisition of Orlaco Products BV. Orlaco designs, manufactures and sells a wide variety of innovative camera-based vision systems, monitors and related products primarily to the heavy off-road machinery, commercial on-road vehicle, lifting crane and warehousing and logistics industries. These products provide a greater field of view in all operating conditions, increasing the safe operation of a wide variety of working vehicles.

2017

In May 2017, Stoneridge acquires 100% of PST Eletrônica LTDA (“PST”), a Brazil-based electronic system provider focused on security, infotainment and accessories primarily for the automotive and motorcycle markets. PST Electronics had formerly been a Stoneridge joint venture since 1997. This partnership provides Stoneridge with a base for expansion into the growing South American automotive market.

Locations

Headquartered in Novi, Mich., Stoneridge’s global footprint encompasses 25 locations in 15 countries. Our technology and partnership-oriented approach to product design and development enables us to develop next-generation products and excel in the transition from mechanical-based components and systems to electrical and electronic components, modules and systems.

Filter by

 

Contact Us

Select a location in the map above to display mailing address and contact information.

 

Leadership

Jonathan B. DeGaynor

President & CEO

Jonathan DeGaynor was appointed president and chief executive officer in March 2015. He has served as a director since May 2015. Prior to joining Stoneridge, DeGaynor served as the vice president, strategic planning and innovation of Guardian Industries Corp., (“Guardian”), a manufacturer of industrial glass and other building products for commercial, residential and automotive applications. From 2008‐2014, DeGaynor served as vice president, business development, managing director of Asia for SRG Global, Inc., a Guardian company and manufacturer of chrome plated parts for the automotive, commercial truck and consumer goods industries. DeGaynor served as chief operating officer, international for Autocam Corporation, a manufacturer of precision‐machine components for the automotive industry, from 2005‐2008. Prior to that, DeGaynor held positions of increasing responsibility with Delphi Corporation from 1993‐2005.

 

Robert R. Krakowiak

Chief Financial Officer and Treasurer

Robert Krakowiak was appointed chief financial officer and treasurer in 2016. Prior to joining Stoneridge, he served as vice president, treasurer and investor relations for Visteon Corporation, a global automotive electronics supplier. Prior to joining Visteon, Krakowiak held various positions at Owens Corning, a producer of insulation, roofing and fiberglass composites, the latest role being vice president of finance, Composite Solutions Business. Prior to that, Krakowiak held various financial positions at Oxford Automotive, Kmart and Ford Motor Company.

Thomas A. Beaver

Vice President and President of Global Sales

Thomas Beaver was appointed president of global sales in 2012. Previously, he served as vice president of global sales and systems engineering since 2004. He has been an officer of the company since 2000 and has served in a variety of sales executive positions since joining the company in 1995. Prior to joining Stoneridge, Beaver was employed at Textron Automotive for 16 years where he held a variety of sales executive positions. Beaver began his career at Ford Motor Company Plastics, Paint, and Vinyl Division, including positions in materials management and quality engineering.

Caetano Ferraiolo

President, PST Electronics Division

Caetano Ferraiolo was appointed to president of PST Electronics Division in June 2017. He joined the company in 2015 and previously served as chief operating officer. Prior to joining Stoneridge, he served for 5 years as VP of operations for Cannondale Sports Group in Brazil. From 2005 to 2010, Ferraiolo served as director of European commercial and development, Autocam Corporation, a manufacturer of precision components for the automotive industry. Prior to that, he held positions of increasing responsibility in operations and commercial areas during his 8-year tenure with Autocam Corporation.

Robert J. Hartman

Chief Accounting Officer

Robert Hartman has served as chief accounting officer since 2016. Prior to that, he served as corporate controller from 2006 and director of internal audit from 2003. Hartman served as director of group accounting, communications group at Marconi PLC from 2000-2002. Prior to that, Hartman was Stoneridge’s director of accounting from 1996. Mr. Hartman began his career at Coopers & Lybrand LLP in 1990.

Anthony L. Moore

Vice President of Operations

Moore has served as vice president of operations since he joined Stoneridge in 2016. Prior to that, he served as global vice president of integrated supply chain and operations at Ingersoll Rand, Compressed Air Systems from 2015. Prior to that, he served as chief product development and supply chain officer at Remington Outdoor Company from 2012. Prior to that, Moore was employed at Cooper Industries, Inc. where he held several leadership positions in the areas of supply chain, operations, and engineering from 2008.

Alisa A. Nagle

Chief Human Resources Officer

Alisa Nagle joined Stoneridge in 2015 as chief human resources officer. Prior to that, she served as vice president of human resources, global aftermarket and original equipment groups and global central functions at Johnson Controls, Inc. During her 8-year tenure with Johnson Controls, Nagle was a member of the global leadership team with responsibility for designing and implementing strategies and solutions to support business growth and success. Prior to that, Nagle held positions of increasing responsibility in the human resources field during her 17-year tenure with Ford Motor Company.

Robert Willig

President, Control Devices Division

Robert Willig was appointed to president of the Control Devices Division in October of 2017. He has had extensive global leadership experience and proven new business development success through his leadership of teams across multiple cultures, languages, locations, and disciplines. His prior experiences include serving in executive roles and leading P&Ls as CEO of Plasan Carbon Composites; president of Driveline Americas, and president of Sinter Americas at GKN; and president of the Power Transmission Division at Tomkins PLC (Gates Corporation). He has also served on various boards, including Plasan’s board of directors, GKN’s chief executive council and Gates Corp. Asia board of directors.

Stephen R. Fox

Vice President of Business Development

Stephen Fox has served as vice president of business development since 2015. Previously, he served as Divisional Vice President, Business Development for the Control Devices division and as General Manager for the former Hi-Stat Sarasota plant. Prior to joining the company in 2004, Fox led several businesses as Vice President for Honeywell/Invensys Sensor Systems Thermal Management business with operations in North America, Europe and Asia. During his tenure with Invensys, Fox held various positions of increasing responsibility in operations, marketing, strategic planning, advanced development and M&A.

Daniel M. Kusiak

Vice President of Global Procurement

Daniel Kusiak has served as vice president of global procurement since he joined Stoneridge in 2015. Prior to that, he served as head of strategic business initiatives at Sypris Technologies, Inc. from 2013. Prior to that, Kusiak was employed at Meritor, Inc. where he held positions of increasing responsibility in the purchasing function over a 10-year tenure.

Theresa G. Mitchell

Chief Information Officer

Theresa Mitchell has served as chief information officer since 2016. Prior to that, she served as the director of global business solutions from 2011. Prior to that, Mitchell served in roles of increasing responsibility since joining Stoneridge in 1990. She has successfully led numerous business initiatives and global cross-functional projects to improve the company’s business systems and processes.

Tom Dono

Chief Legal Officer

Tom Dono was appointed chief legal officer in 2018. Prior to joining Stoneridge, he served as EVP, general counsel and corporate secretary at Metaldyne Performance Group Inc., a global metal forming company, from 2016 to 2017. From 2009 to 2016, Dono served as SVP, legal affairs, general counsel and corporate secretary at Key Safety Systems, Inc., a tier-one automotive safety systems supplier. Dono also served in legal roles at Delphi Corporation and Metaldyne Corporation and was an associate at law firm of Wilson Sonsini Goodrich & Rosati. Dono has a bachelor’s degree in economics and business management from Stony Brook University and earned his law degree from the UCLA School of Law.

Laurent Borne

Chief Technology Officer

Borne was appointed chief technology officer in August 2018. Prior to joining Stoneridge, Borne served as vice president of product development, global dishwasher platform, at Whirlpool Corporation. From 2010 to 2018, he served in a variety of roles at Whirlpool including vice president of product excellence, global connectivity leader, product marketing director, and operations director. Prior to that, he worked at McKinsey & Company and Delphi Powertrain Systems, serving in several roles of increasing responsibility.

Board of Directors

William M. Lasky

Chairman of the Board

William Lasky has been chairman since 2006 and has served as a director since 2004. Lasky served as president and chief executive officer of Accuride Corporation, a manufacturer and supplier of commercial vehicle components, from 2008 until his retirement in 2011. He has served as chairman of the board of Accuride Corporation from 2009-2012. Prior to Accuride, he served as the chairman of the board and president and chief executive officer of JLG Industries, a manufacturer of aerial work platforms, telescopic material handlers and related accessories from 1999 through late 2006. Prior to joining JLG Industries, Lasky served in various senior capacities at Dana Corporation from 1977 to 1999. He serves as a director of Affinia Group, Inc., a designer, manufacturer and distributor of industrial grade replacement parts and services for automotive and heavy-duty vehicles, and as a board trustee member of Norwich University.

Jonathan B. DeGaynor

President & CEO

Jonathan DeGaynor was appointed president and chief executive officer in March 2015. He has served as a director since May 2015. Prior to joining Stoneridge, DeGaynor served as the vice president, strategic planning and innovation of Guardian Industries Corp., (“Guardian”), a manufacturer of industrial glass and other building products for commercial, residential and automotive applications. From 2008‐2014, DeGaynor served as vice president, business development, managing director of Asia for SRG Global, Inc., a Guardian company and manufacturer of chrome plated parts for the automotive, commercial truck and consumer goods industries. DeGaynor served as chief operating officer, international for Autocam Corporation, a manufacturer of precision‐machine components for the automotive industry, from 2005‐2008. Prior to that, DeGaynor held positions of increasing responsibility with Delphi Corporation from 1993‐2005.

Jeffrey P. Draime

Director

Jeffrey Draime has served as a director since 2005. He is the son of D.M. Draime, the founder of Stoneridge, and has served in various roles with the company prior to being a director. Draime provides independent business consulting services and serves as president of AeroMax Aviation Holdings, LLC.

Douglas C. Jacobs

Director

Douglas Jacobs has served as a director since 2004. Since 2015 Jacobs has served as the chief financial officer and treasurer of Brownstone Services LLC and several other privately held companies owned by the beneficiary of a marital trust. From 2005 to 2014, he served as executive vice president, finance and chief financial officer of Brooklyn NY Holdings LLC, a privately held investment advisory company. Prior to this, Jacobs held various financial positions with the Cleveland Browns from 1999 until 2005. He is a former partner of the accounting firm Arthur Andersen LLP.

Ira C. Kaplan

Director

Ira Kaplan has served as a director since 2009. He has served as managing partner of Benesch, Friedlander, Coplan & Aronoff LLP, a national law firm, since 2008 and has been a partner with the firm since 1987. Kaplan focuses his practice on mergers and acquisitions as well as public and private debt and equity financings.

Kim Korth

Director

Kim Korth has served as a director since 2006. Korth has served as president and chief executive officer of Dickten Masch Plastics, LLC, a thermoplastics and thermoset manufacturer, and as the president and chief executive officer of TECHNIPLASTM, a privately held group of plastics-focused manufacturing businesses, since 2012. Prior to that, she served as president, chief executive officer and as a director of Supreme Corporation, a manufacturer of truck and van bodies, from 2011 to 2012. Korth is the founder and owner of IRN, Inc., an international automotive consulting firm.

George S. Mayes, Jr.

Director

George Mayes has served as a director since 2012. Mayes is an independent business consultant. He served as executive vice president and chief operating officer of Diebold, Inc., a provider of integrated self-service delivery, security systems and related services, from 2013 to 2015. Prior to that, he served as executive vice president of operations from 2008, senior vice president, supply chain management from 2006-2008 and vice president, global manufacturing from when he joined Diebold, Inc. in 2005. Prior to that, he served as the chief operating officer at Tinnerman Palnut Engineered Products, LLC, a designer, producer and supplier of engineered spring steel fasteners, precision stampings, plastic components and related assemblies to automotive and industrial OEMs, from 2002-2004. From 2000-2002, Mayes served as vice president, manufacturing, fastening systems at Stanley Works, a diversified global provider of hand tools, power tools and related accessories, mechanical access solutions and electronic security solutions, engineered fastening systems, healthcare solutions and infrastructure solutions. Mayes began his career at Delphi, a leading supplier of electronics and technologies for automotive, commercial vehicle and other market segments, and held positions of increasing responsibility over his 15-year tenure.

Paul J. Schlather

Director

Paul Schlather has served as a director since 2009. Schlather is an independent business consultant serving on a number of privately held boards. He was a partner at PricewaterhouseCoopers LLP serving as co-head to the private client service group from August 2002 until his retirement in June 2008.