Stoneridge sets €320K salary for incoming engineering VP
Brandenburg will lead Stoneridge’s global Engineering organization and report to President and CEO Natalia Noblet.
Rhea-AI Filing Summary
STONERIDGE INC (SRI) entered into an employment agreement with Uwe Brandenburg for him to serve as Global Vice President, Engineering & Innovation, effective November 2, 2026. He will report to President and CEO Natalia Noblet and lead the company’s global Engineering organization.
Brandenburg’s annual base salary is €320,000 (approximately $367,168), and he is eligible for a 50% target annual bonus and annual long-term incentive grants targeted at 40% of his then-current base salary. He is eligible for a one-time $150,000 time-based equity grant, to be granted as soon as practicable after his start date and to vest ratably on the anniversary of the grant date over three years. He will receive a €1,500 monthly automobile allowance. Executive Severance Plan participation is subject to Compensation Committee approval and provides 12-month salary and benefits continuation; his Change in Control Agreement provides 24-month continuation, subject to a change in control and loss of position within 24 months.
Positive
- None.
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8-K Event Classification
2 items: 1.01, 9.01
2 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Annual base salary: €320,000
Target annual bonus: 50% of base salary
One-time equity grant: $150,000
+4 more
7 metrics
Annual base salary
€320,000
Employment agreement
Target annual bonus
50% of base salary
Eligible to participate in the annual incentive plan
One-time equity grant
$150,000
Eligible for a time-based grant after his start date, vesting ratably over three years
Annual long-term incentive grants
40% of then-current base salary
Target for annual grants
Monthly automobile allowance
€1,500
Employment agreement
Executive Severance Plan continuation
12 months
Salary and benefits continuation; participation subject to Compensation Committee approval
Change in Control Agreement continuation
24 months
Base salary and benefits continuation, subject to a change in control and loss of position within 24 months
Key Terms
Long-Term Incentive Plan, Executive Severance Plan, double trigger provision, ADAS
4 terms
Long-Term Incentive Plan financial
"annual grants under the Company’s Long-Term Incentive Plan"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
Executive Severance Plan financial
"eligible to participate in the Company’s Executive Severance Plan"
double trigger provision financial
"subject to a double trigger provision"
ADAS technical
"engineering leadership, ADAS and software-defined vehicle technologies"
Advanced Driver Assistance Systems (ADAS) are electronic systems in vehicles that assist the driver with safety tasks. Examples include automatic emergency braking, lane keeping assist, and adaptive cruise control. These systems use sensors and cameras to improve vehicle safety.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What compensation terms did Stoneridge (SRI) disclose for Uwe Brandenburg?
The agreement provides an annual base salary of €320,000 (approximately $367,168) and a monthly automobile allowance of €1,500. Brandenburg is eligible for a 50% target annual bonus, annual long-term incentive grants targeted at 40% of his then-current base salary, and a one-time $150,000 time-based equity grant, to be granted as soon as practicable after his start date.
What experience does Uwe Brandenburg bring to Stoneridge (SRI)?
Brandenburg brings more than 25 years of experience in automotive Tier 1 electronics, engineering leadership, ADAS and software-defined vehicle technologies. Most recently, he served as Chief Technology Officer and Senior Vice President, Automotive and Manufacturing at DXC Technology; before that, he led Valeo’s global ADAS engineering organization as Chief Technology Officer and Global Head of Engineering.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 17, 2026
(Exact Name of Registrant as Specified in its Charter)
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
(Address of Principal Executive Offices, and Zip Code)
(248 ) 489-9300
Registrant’s Telephone Number, Including Area Code
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
| Emerging growth company | ||||||||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
ITEM 1.01 Entry into a Material Definitive Agreement.
On September 17, 2026, Stoneridge, Inc. (the “Company”) entered into an employment agreement (the “Employment Agreement”) with Uwe Brandenburg, age 59, pursuant to which Mr. Brandenburg will serve as Global Vice President, Engineering & Innovation of the Company, effective November 2, 2026. In his capacity as Global Vice President, Engineering & Innovation, Mr. Brandenburg will report to Natalia Noblet, President and Chief Executive Officer of the Company. Mr. Brandenburg’s home office will be in Germany.
The Employment Agreement, dated September 17, 2026, provides that Mr. Brandenburg will receive an annual base salary of €320,000 (approximately $367,168 based on the exchange rate on the date of the Employment Agreement) and will be eligible to participate in the Company’s annual incentive plan with a target bonus opportunity of 50% of his base salary. He will be eligible to receive a one-time special equity grant of time-based Stoneridge shares equivalent to $150,000, to be granted as soon as practicable after his start date and to vest ratably on the anniversary of the date of grant over a three-year period under the Company’s Long-Term Incentive Plan. In addition, he will be eligible to participate in annual grants under the Company’s Long-Term Incentive Plan with a target of 40% of his then-current base salary. Mr. Brandenburg will receive a monthly automobile allowance of €1,500 (approximately $1,721 based on the exchange rate on the date of the Employment Agreement). Mr. Brandenburg will also be eligible to participate in the Company’s Executive Severance Plan, subject to Compensation Committee approval, which provides for a 12-month continuation of salary and benefits, and will receive a standard Change in Control Agreement that provides for 24-month base salary and benefits continuation, subject to a double trigger provision (i.e., change in control and loss of position within 24 months). He will also be eligible to participate in the Company’s employee benefit plans generally available to the Company’s executive officers. The foregoing description of the Employment Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Employment Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Mr. Brandenburg has more than 25 years of experience in automotive Tier 1 electronics, engineering leadership, ADAS and software-defined vehicle technologies. He joins Stoneridge from DXC Technology (formerly Luxoft), where he most recently served as Chief Technology Officer and Senior Vice President, Automotive and Manufacturing. Before DXC, Mr. Brandenburg led Valeo's global ADAS engineering organization as Chief Technology Officer and Global Head of Engineering. Earlier in his career, Mr. Brandenburg held senior engineering leadership roles at Continental, Autoliv, and TRW Automotive. Mr. Brandenburg is a member of the Board of Directors of BlincVision.
Mr. Brandenburg holds a degree in Electrical and Telecommunications Engineering from the University of Applied Sciences Constance.
Other than the compensation summarized above, there are no arrangements or understandings between Mr. Brandenburg and any other person pursuant to which Mr. Brandenburg was appointed as Global Vice President, Engineering & Innovation. There are no family relationships between Mr. Brandenburg and any director or executive officer of the Company. There are no transactions in which Mr. Brandenburg has an interest requiring disclosure under Item 404(a) of Regulation S-K.
ITEM 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | ||||
| 10.1 | Employment Agreement, dated September 17, 2026, between Stoneridge, Inc. and Uwe Brandenburg* | ||||
| 99.1 | Press release of Stoneridge, Inc., dated September 23, 2026, on Uwe Brandenburg | ||||
| 104 | Cover Page Interactive Data File (the Cover Page Interactive Data File is embedded within the Inline XBRL document) | ||||
* Indicates a management contract or compensatory plan or arrangement.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Stoneridge, Inc. | |||||
| Date: September 23, 2026 | /s/ Scott R. Humphrey | ||||
Scott R. Humphrey Chief Financial Officer and Treasurer (Principal Financial Officer) | |||||
Exhibit 99.1
Stoneridge Appoints Uwe Brandenburg as Global Vice President, Engineering & Innovation
NOVI, Mich. — September 23, 2026 — Stoneridge, Inc. (NYSE: SRI), a global leader of safe, intelligent and efficient electronic technologies for the commercial vehicle and off-highway equipment markets, today announced the appointment of Uwe Brandenburg as Global Vice President, Engineering & Innovation, effective November 2, 2026.
Brandenburg will report directly to President and Chief Executive Officer Natalia Noblet and serve as a member of the company's Executive Team. He will lead Stoneridge's global Engineering organization, driving the company's engineering vision and strategy across product development and innovation, and advancing Stoneridge's focused technology priorities in vision and safety, vehicle intelligence, and connectivity.
“Uwe is a recognized voice in automotive electronics and engineering leadership, with a proven track record of building world-class engineering teams and delivering breakthrough innovations in ADAS, autonomous driving and software-defined vehicles," said Natalia Noblet, President and CEO of Stoneridge. "His extensive experience bringing next-generation radar, camera, safety electronics and AI-powered platforms to market, combined with his strategic vision and commitment to operational excellence, make him an exceptional addition to our Executive Team. We are excited to leverage his expertise to accelerate Stoneridge's technology roadmap and strengthen our competitive position in vehicle intelligence and safety."
Brandenburg brings more than 25 years of experience in automotive Tier 1 electronics, engineering leadership and software-defined vehicle technologies. Most recently, he served as Chief Technology Officer and Senior Vice President, Automotive and Manufacturing at DXC Technology (formerly Luxoft). Previously, he led Valeo’s global ADAS engineering organization as Chief Technology Officer and Global Head of Engineering, and held senior engineering leadership roles at Continental, Autoliv and TRW Automotive, leading radar, camera and safety electronics programs for OEMs.
“Stoneridge has a clear technology strategy, a highly talented engineering organization, and a mission centered on improving safety, reducing emissions and increasing vehicle efficiency for our customers. When cutting-edge technology is paired with the right team and a purpose that truly matters, we have what it takes to create strong value for our customers. I look forward to building on this strong foundation and helping the team deliver the next generation of vision and safety solutions,” Brandenburg said.
Brandenburg holds a degree in Electrical and Telecommunications Engineering from the University of Applied Sciences Constance. He is a frequent industry speaker, having delivered keynotes at the VDA Mobility Innovation Summit, VECS and the Red Hat Summit, and appeared at the Tech AD Conference. He is a member of the Board of Directors of BlincVision AB.
39675 MacKenzie Drive, Suite 400 Novi, Michigan 48377 United States | +1 248 489 9300 stoneridge.com | ||||
Contact:
Ann Miller
Ann.Miller@Stoneridge.com
Photo:
Caption: Uwe Brandenburg joins Stoneridge as Global Vice President, Engineering & Innovation
About Stoneridge, Inc.
Stoneridge, Inc., headquartered in Novi, Michigan, is a global supplier of safe and efficient electronic systems and technologies. Our systems and products power vehicle intelligence while enabling safety and security for on- and off-highway transportation sectors around the world. Additional information about Stoneridge can be found at www.stoneridge.com.
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39675 MacKenzie Drive, Suite 400 Novi, Michigan 48377 United States | +1 248 489 9300 stoneridge.com | ||||