MEI

METHODE ELECTRONICS INC

Southfield, Michigan  •  FY2026 Annual Report
NYSE 6,650 employees H-1B Visa Sponsor Revenue -2.8% YoY
Revenue
$1.0B
Net Income
$-36M
EBIT Margin
0.9%
Diluted EPS
$-1.01
Free Cash Flow
$16M
CEO Pay
$5,739,219
Jonathan DeGaynor
39%

of METHODE ELECTRONICS INC's revenue comes from Americas

Companies claim they must hire overseas workers because that's where their business is. The data says otherwise: METHODE ELECTRONICS INC generates 39% of its $0.4B revenue from Americas, yet continues to file H-1B petitions that displace American workers.

$5,739,219

Jonathan DeGaynor's total compensation in FY2026

Base salary $788,462  •  Stock awards $3,943,982. The CEO's pay package is funded by the same company that claims it cannot find qualified American workers for its open positions.

Financial Snapshot — FY2026
Total Revenue
$1.0B
-2.8% year-over-year
Net Income
$-36M
Operating Margin
0.9%
Diluted EPS
$-1.01
Free Cash Flow
$16M
Dividend / Share
N/A
Stock Buybacks
N/A
Total employees: 6,650
Where the Revenue Comes From — FY2026
EMEA
$0.5B
45%
Americas
$0.4B
39%
United States
$0.4B
37%
MT
$0.2B
20%
Asia
$0.2B
16%
EG
$0.1B
12%
China
$0.1B
12%
Other Countries
$0.1B
12%
FI
$0.1B
7%

Revenue earned in the United States contradicts the claim that H-1B workers are needed because “that’s where the business is.” Source: SEC EDGAR 10-K, FY2026.

What We Pay the Executives Source: SEC DEF 14A via sec-api.io
CEO Total Compensation
$5,739,219
Jonathan DeGaynor
CEO Base Salary
$788,462
CEO Stock Awards
$3,943,982
Avg. Other NEO Total
$1,460,327
ExecutiveTitleBase SalaryStock AwardsTotal Comp
Jonathan DeGaynor🔍 President and Chief Executive Officer $788,462 $3,943,982 $5,739,219
Lars Ullrich🔍 Senior Vice President, Global Automotive Business $191,827 $588,013 $1,068,684
Kevin Nystrom🔍 former Interim Chief Executive Officer $1 $1 $718,609
Avinash Avula🔍 former President and Chief Executive Officer $9,231 $1 $677,366
Jonathan DeGaynor, President and Chief Executive Officer🔍 $788,462 $3,943,982 $5,739,219
Laura Kowalchik🔍 Chief Financial Officer $343,846 $1,585,091 $2,713,607
Laura Kowalchik, Chief Financial Officer🔍 $343,846 $1,585,091 $2,713,607
Andrea J. Barry, former Chief Human Resources Officer and Chief Administrative Officer🔍 $566,500 $1 $1,391,897
Andrea J. Barry🔍 former Chief Human Resources Officer and Chief Administrative Officer $566,500 $1 $1,391,897
Andrea J. Barry former Chief Human Resources Officer and Chief Administrative Officer🔍 Former Employees/Contractors $566,500 $1 $1,391,897
David Rawden, former Interim Chief Financial Officer🔍 $1 $1 $1,195,028
Lars Ullrich, Senior Vice President, Global Automotive Business🔍 $191,827 $588,013 $1,068,684
John Erwin, Chief Procurement and EHS Officer🔍 $276,250 $439,306 $943,599
John Erwin🔍 Chief Procurement and EHS Officer $276,250 $439,306 $943,599
Kevin Nystrom, former Interim Chief Executive Officer🔍 $1 $1 $718,609
Kerry Vyverberg🔍 General Counsel $443,911 $1 $711,100
Kerry Vyverberg, General Counsel🔍 $443,911 $1 $711,100
Avinash Avula, former President and Chief Executive Officer🔍 $9,231 $1 $677,366
Avinash Avula former President and Chief Executive Officer🔍 Former Employees/Contractors $9,231 $1 $677,366
Ronald Tsoumas, former Chief Financial Officer🔍 $105,696 $1 $376,657

SCT = Summary Compensation Table totals from SEC EDGAR DEF 14A proxy statement.

Board of Directors — Who Enables This
DirectorRoleAgeIndependentSinceTenureAnnual PayCommittees
Andrea J. Barry🔍 Former Chief Administrative Officer and Chief Human Resource None No N/A N/A N/A
John Erwin🔍 Chief Procurement and EHS Officer None No N/A N/A N/A

Source: SEC EDGAR DEF 14A proxy statement via sec-api.io.

H-1B Visa Dependency Key Metric

Search all METHODE ELECTRONICS INC H-1B Labor Condition Applications filed with the U.S. Dept. of Labor.

🔍 Search H-1B Records for METHODE ELECTRONICS INC

Source: U.S. Dept. of Labor OFLC disclosure data. LCA filing does not guarantee a visa was issued.

Shareholder Value Assessment
ConcernRevenue declined 2.8% year-over-year - company is shrinking.
ConcernCompany is operating at a net loss.
PositiveCEO compensation of $5.7M is within range for company size.
WatchCompany employed approximately 6,650 workers globally - see H-1B data below for U.S. displacement risk.
Key Business Risks (from 10-K Item 1A)

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