BNET Industries

Market Cap:$199.3M
Last Fiscal Year Sales:$752.6M
  • Public
  • US
Dow Jones Description

Stoneridge is a independent designer and manufacturer of highly engineered electrical and electronic components, modules and systems principally for the automotive, medium- and heavy-duty truck, agricultural and off-highway vehicle markets. Our products help our customers produce better quality vehicles, featuring more reliable and sophisticated electrical and electronic systems. Based in Warren, Ohio, our global reach consists of 20 manufacturing and design centers and 18 sales and engineering support offices at various locations around the world. Stoneridge has two reportable segments: Electronics and Control Devices.

Chief Executive Officer
John C. Corey
Number of Employees 1,600
Contact Information

9400 E Market St

Warren, Ohio 44484-5514

stoneridge.com

(330) 856-2443

NAICS Code All Other Motor Vehicle Parts Manufacturing: 336399

Recent Events

  • Stoneridge SRI Tops Estimates, Posts Q3 Loss of $0.04

    10/29/09 - Financial Announcement - View Story

  • Stoneridge Signs Agreement To Acquire 51% Equity Interest In Bolton Conductive Systems - Quick Facts

    10/13/09 - Merger / Acquisition - View Story

  • Stoneridge Slips To Loss In Q2 On Weak Vehicle Volumes - Update

    7/31/09 - Financial Announcement - View Story

News & Analysis

stoneridge inc. - All News and Analysis

  • Stoneridge, Inc. Q2 2008 Earnings Call Transcript

    Seeking Alpha - 2008-08-26

    Question-and-Answer Session Operator Operator instructions At this time, there are no questions. John Corey Okay. Well, if there are no questions, I'll just close the session with the following comments. I think that as we look at the market environment, particularly in North America, everybody is...

    Tags: Stoneridge Inc.

  • Stoneridge, Inc. Q1 2008 Earnings Call Transcript

    Seeking Alpha - 2008-05-02

    Question-and-Answer SessionOperator Operator Instructions Your first question comes from Katherine O’Connor - Deutsche Bank. Katherine O’Connor - Deutsche Bank Could you talk a little bit about what your expectations are for you end-market goods through the second half of the year? And then how do you...

    Tags: Stoneridge Inc.

  • Stoneridge Inc. Q4 2007 Earnings Call Transcript

    Seeking Alpha - 2008-02-04

    Question-and-Answer SessionOperator Ladies and gentlemen, if you’d like to ask a question, please press star one on your touchtone telephone. If your question has been answered or you wish to withdraw your question, please press star two. Questions will be taken in the order received. ...

    Tags: Stoneridge Inc.

  • Stoneridge Q3 2007 Earnings Call Transcript

    Seeking Alpha - 2007-11-02

    Question-and-Answer SessionOperator Operator Instructions And your first question comes from the line of Brett Hoselton with KeyBanc Capital Markets. Brandon Ferrell - KeyBanc Capital Markets Hey guys, this is Brandon. John Corey Good morning, Brandon. How are you? Brandon Ferrell - KeyBanc Capital Markets Good, how are you guys...

    Tags: Stoneridge Inc.

Decision Makers

Name (plus bio) Position
John C. Corey Chief Executive Officer
Steve Drew President
George E. Strickler Chief Financial Officer
Mike Jones Vice President
Edward Hinkle Owner
David M Killian Director of Fixed Income
Greg Fritz Director, Corpe Finance
Andrew Shepard Product Manager
Avery S. Cohen Counsel
Craig Bousie Senior Software Engineer
Harv Hilowitz Coach
Michael Eriquez Design Specialist
Douglas C. Jacobs Director
Earl L Linehan Prior Director
Earl Linehan Director
Jeffrey P. Draime Director
Shawn Devoe Secretary

Board of Directors

Name (plus bio) Position
William M. Lasky Chairman
Armand Dellaratta Board of Directors
Joseph Mallak Board of Directors
Kim Korth Board of Directors
Michelle Inman Board of Directors
Rino Anoia Board of Directors
Sheldon J. Epstein Board of Directors
Tom Fitch Board of Directors

John C. Corey was appointed President and Chief Executive Officer of Stoneridge, Inc. on January 11, 2006. Mr. Corey, since October 2000, had served as president and chief executive officer and director of the Safety Components International (OTCBB – SAFY), a leading low-cost supplier of airbags and components, with worldwide operations. Previously he had served as president, chief operating officer and director of SCI since March 1999. Mr. Corey served as president of Stanley Mechanics Tools, Inc., a division of The Stanley Works, a company engaged in the business of manufacturing and distributing mechanics hand tools, from September 1996 to March 1999, where he was responsible for worldwide operations. He also currently serves on the Board of Directors of the Original Equipment Suppliers Association.

Organization Position Status
Stoneridge, Inc. Chief Executive Officer Current
Stoneridge, Inc. Director Current
International Textile Group Inc Chief Executive Officer Former
International Textile Group Inc President Former
The Stanley Works President Former
Sci-WWW President Former
Sci-WWW Chief Operating Officer Former
Haynes International, Inc. Chairman of the Board Former
Haynes International, Inc. Board of Directors Former
International Textile Group Inc Director Former
Sci-WWW Director Former

Organization Position Status
Stoneridge, Inc. President Current
Stoneridge, Inc. Board of Directors Current

George E. Strickler formerly was with Republic Engineered Products, Inc., where he served as Executive Vice President and Chief Financial Officer since February 2004. Republic is North America’s leading supplier of special bar quality steel, a highly engineered product used in axles, drive shafts, suspension rods and other critical components of automobiles, off-highway vehicles and industrial equipment. Before joining Republic, Strickler was BorgWarner Inc.’s Executive Vice President and Chief Financial Officer for nearly three years. BorgWarner is a tier-one technology-driven manufacturer of power train components and integrated systems for major manufacturers worldwide. In addition, Strickler was employed at Akron-based Goodyear Tire & Rubber Co. for 30 years where he held finance and treasury positions culminating as Vice President of Finance. He is a Certified Public Accountant and he holds a Bachelor of Science degree in accounting from Penn State University and an MBA in finance from the University of Akron.

Organization Position Status
Stoneridge, Inc. Chief Financial Officer Current
Stoneridge, Inc. Executive Vice President Current
Stoneridge, Inc. Treasurer Current
Republic Engineered Products Inc. Chief Financial Officer Former
BorgWarner, Inc. Chief Financial Officer Former
BorgWarner, Inc. Executive Vice President Former
Republic Engineered Products Inc. Executive Vice President Former
The Goodyear Tire & Rubber Company Inc. Vice President of Finance Former
The University of Akron MBA Former
The Pennsylvania State University Bachelor of Science Former

Organization Position Status
Stoneridge, Inc. Vice President Current
Stoneridge, Inc. Board of Directors Current

Organization Position Status
Stoneridge, Inc. Owner Current

Mr. Killian has over 12 years of investment experience. He joined StoneRidge in October, 1999 as Director of Fixed Income and Equity Portfolio Manager. He was previously a fixed income Portfolio Manager for Meridian Investment Company. To fully leverage his experience in managing interest rate risk exposure, he serves as an equity portfolio manager at StoneRidge, responsible for research and stock selection within the utility sector and working with Phil Brown on the financial sector, both of these sectors are heavily influenced by credit cycles and the direction of interest rates. Mr. Killian received his B.S. from Villanova University. He is a member of the Financial Analysts Federation of Philadelphia.

Organization Position Status
Stoneridge, Inc. Director of Fixed Income Current
Stoneridge Investment Partners, LLC Director of Fixed Income and Equity Portfolio Manager Current
Stoneridge, Inc. Equity Portfolio Manager Current
Villanova University B.S. Former

Organization Position Status
Stoneridge, Inc. Director, Corpe Finance Current

Andrew develops and implements strategies to improve profitability throughout the value chain including product development, product positioning, inventory management, and product pricing. Andrew services customers across Automotive, Appliance, Paper, and Hi-Tech industries. Andrew's work is recognized for helping companies capture value from new innovations and sustain competitive advantages. As a Product Manager at Stoneridge Inc., Andrew is building a new technology-leading product line of sensor products. He holds an MBA with Highest Honors from Boston University and a Double Major, Engineering and English, from Dartmouth College.

Organization Position Status
Stoneridge, Inc. Product Manager Current
Boston Product Management Association Current
Boston University MBA Former

Organization Position Status
Baker & Hostetler LLP Partner Current
Stoneridge, Inc. Counsel Current
Stoneridge, Inc. Secretary Current

Craig joined C2 Software in the spring of 2008 as Senior Software Engineer, previously having held similar roles with the Inland Revenue and Stoneridge. Craig is a graduate of the University of Abertay, with a Bsc (Hons) in Computing. His core competencies are working with VB.Net, ASP.Net, SQL Server and AJAX. He also has considerable experience in design, reporting services and requirements capturing. Since joining C2 Software, he has put these skills to good use on projects for clients such as McGrigors, County Durham Development Company and the Civil Service Social Club. Outside of work, Craig is a keen cook and enjoys growing organic fruit and veg. He also plays the piano and is a keen follower of Dundee United. Craig fulfilled a lifetime ambition recently by braving the deep and swimming with sharks. Well when we say 'deep' we mean Deep Sea World...

Organization Position Status
Stoneridge, Inc. Senior Software Engineer Current
C2 Software Limited Senior Software Engineer Current

Organization Position Status
Hudson Valley Technology & Commerce, Inc Acting President Current
Stoneridge, Inc. Coach Current
Hudson Valley Technology & Commerce, Inc Board of Directors Current
The Tech City Vice President Former

Michael Eriquez joined Stoneridge in early 2004 after a number of years as a design specialist. Michael has created original designs for an eclectic group of clients ranging from the medical industry to rock and roll bands. Michael runs Stoneridgea s print design shop, and is the genius behind the firma s high profile direct mail, logos, brochures, ads and web graphics. Michael spent a great deal of the 2006 cycle helping develop hard-hitting and outside-the-box direct mail designs for Congressman Lynn Westmoreland, Lieutenant Governor Casey Cagle, and many of Stoneridgea s successful state legislative candidates. Michael is also lead designer for Stoneridgea s annual publication, Election. Michael spends his free time designing and scripting motivational posters and working as a freelance blogger for Cat Fancy magazine. Michael and his wife, Michelle, live in Marietta, Georgia, with their 3 Selkirk Rex cats.

Organization Position Status
Stoneridge, Inc. Design Specialist Current
The Stoneridge Group Design Specialist Current

Mr. Lasky is the former Chairman, President and Chief Executive Officer of JLG Industries, Inc., a diversified construction and industrial equipment manufacturer.

Organization Position Status
Stoneridge, Inc. Chairman Current
JLG Industries, Inc. Chief Executive Officer Former
JLG Industries, Inc. President Former
Access Financial Solutions President & CEO Former
JLG Industries, Inc. Chairman Former
Stoneridge, Inc. Board of Directors Former
Norwich University Bachelor degree in business administration Former

Organization Position Status
Stoneridge, Inc. Board of Directors Current

Organization Position Status
Standard Pacific Mortgage, Inc. Board of Directors Current
Stoneridge, Inc. Director Current
Standard Pacific Corp. Board of Directors Current
Westbrooke Communities, Inc. Board of Directors Current
Cleveland Browns LLC Cfo & Executive Vice President Former
Arthur Andersen LLP Executive Vice President Former
Arthur Andersen LLP Partner Former
Arthur Anderson & Co. Partner Former

Organization Position Status
Woodbrook Capital, Inc. Current
Erickson Retirement Communities Director Current
Visitors Board of Directors Current
Bariatric Partners, Inc Director Current
Heritage Properties, Inc. Director Current
Stoneridge, Inc. Director Current
The Advisory Council Member Current
Meridian Healthcare President Former
Meridian Healthcare Co-Founder Former

Organization Position Status
Woodbrook Capital, Inc. President Current
Woodbrook Capital, Inc. Founder Current
University of Maryland Board Visitor Current
Bariatric Partners, Inc Board of Directors Current
Heritage Properties, Inc. Director Current
Medical Mutual Liability Insurance Society of Maryland Board Director Current
Erickson Retirement Communities Director Current
Stoneridge, Inc. Director Current
Meridian Healthcare President Former
Meridian Healthcare Co-Founder Former
McCulloch Chairman of the Board Former
Harvard Business School MBA Former
University of Notre Dame BA Former

Mr. Draime is the owner of Silent Productions, a concert promotions company, and owner of QSL Columbus, QSL Dayton, a restaurant franchise. Jeffrey P. Draime is the son of D.M. Draime.

Organization Position Status
Stoneridge, Inc. Director Current

Organization Position Status
Stoneridge, Inc. Board of Directors Current

Ms. Korth is the founder, owner and president of IRN, Inc., an international automotive consulting firm that provides strategic planning, market research and operations consulting to clients ranging from Tier One auto suppliers to diversified manufacturing and service firms. Korth’s views on the automotive industry have been quoted frequently in major publications, including Automotive News and other leading trade publications. She also speaks regularly at industry meetings. Korth holds a bachelor’s degree from Western Michigan University and a master’s degree from the American Graduate School of International Management.

Organization Position Status
Stoneridge, Inc. Board of Directors Current

Organization Position Status
Stoneridge, Inc. Board of Directors Current

Organization Position Status
Stoneridge, Inc. Board of Directors Current

Organization Position Status
Stoneridge, Inc. Secretary Current

Organization Position Status
Stoneridge, Inc. Board of Directors Current

Organization Position Status
Stoneridge, Inc. Board of Directors Current
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     SRI $7.88 +0.48 (6.49% )
Average Volume 158,893
Shares Outstanding 25.18M
Market Cap 198.4M
Year High 9.6
Year Low 1.41
Earnings Per Share -6.00
P/E Ratio -1.31
Dividend N/A
Yield N/A
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