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- Departure of CFO (new) — CFO Matt Horvath is resigning effective March 31, 2026, triggering an executive search for a permanent replacement.
Stoneridge names Robert Hartman interim CFO as Matt Horvath exits March 31
Filed March 23, 2026 · Period ending March 17, 2026 · ~1 min read
Key Changes
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CFO Matt Horvath resigns effective March 31, 2026, as previously announced in January. The company is conducting an executive search for a permanent replacement.
Item 5.02 verify on EDGAR → -
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Robert Hartman, Chief Accounting Officer with 27+ years at Stoneridge, appointed interim CFO starting March 31 until permanent hire is made.
Item 5.02 verify on EDGAR → -
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Hartman receives $50,000 recognition bonus (payable by July 31 or when permanent CFO hired), $118,646 retention bonus (if employed through Jan 2027), and 30,000 additional share units vesting over three years.
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Summary
Stoneridge is executing its CFO transition plan following Matt Horvath's previously announced resignation. The company has tapped internal veteran Robert Hartman, who has spent over 27 years at Stoneridge and currently serves as Chief Accounting Officer, to step into the interim CFO role starting March 31. This represents continuity during the search for a permanent replacement.
For retail investors, the key takeaway is that Stoneridge is managing this transition with an experienced internal candidate rather than leaving the position vacant or bringing in an unknown external interim. Hartman's compensation package—including retention incentives through early 2027—signals the board expects the permanent search to take several months. Watch for announcements about the permanent CFO hire, which will indicate whether the company is pivoting strategically or maintaining its current financial direction.
Section-by-Section Diff
Event · Item 9.01 — Financial Statements and Exhibits
Stoneridge disclosed a Recognition and Retention Bonus Letter dated March 17, 2026, indicating a compensatory arrangement.
Added in current filing · verify on EDGAR →
Recognition and Retention Bonus Letter, dated March 17, 2026*
The company filed an 8-K to disclose a Recognition and Retention Bonus Letter dated March 17, 2026. This is a management compensatory arrangement, suggesting the company is implementing retention incentives for key personnel. The asterisk indicates this is a management contract or compensatory plan.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 4, 2026 · How we verify