CHICAGO – Methode Electronics has announced the appointment of Avi Avula as its new president and CEO, beginning on Jan. 29.

Avula’s appointment follows the previously announced retirement of Donald W. Duda, President and CEO. Duda will work with Mr. Avula through a three-month transition period, after which Duda will serve as a strategic consultant for a nine-month period.

Avula will also be appointed as a director of Methode as of his start date, replacing Duda who intends to resign as of such date.

Avula brings 17 years of electronics industry leadership experience to Methode, and currently serves as the Vice President of Strategy for DuPont’s Electronics & Industrial (E&I) business. In this role, Avula leads strategy, growth, new business development and global commercial excellence for E&I, which reported approximately $6 billion in 2022 revenue. Avula previously led the Interconnect Solutions line of business within E&I, where he was deeply involved in key strategic initiatives including the integration of DuPont Circuit and Packaging Materials and Dow Interconnect Technologies during the merger between Dow and DuPont.

"On behalf of Methode’s Board of Directors, we are thrilled to welcome Avi to the Methode team," said Chairman Walter J. Aspatore. "Avi’s appointment follows a comprehensive search process to identify the right CEO to lead Methode forward. He is a proven executive having led large engineered-product businesses on a global basis that have grown both organically and through acquisition. His strategic, technical, and transformative manufacturing experiences will help drive Methode’s innovation and growth initiatives and create value for shareholders.

"We thank Don for his outstanding contributions to Methode since his arrival in 2000 and wish him the very best in his retirement. Because of Don and his leadership, Methode is well-positioned to drive value creation for our shareholders, customers, and employees."

"It is an honor to be selected as Methode’s CEO," added Avula. "I am joining a company that has excelled for over 75 years and is well-positioned given its strong foundation. The Company’s position in the growing markets for lighting, power distribution, and sensor solutions is an exciting opportunity to take Methode forward into the next chapter of its proud history. I look forward to working with the Board and management team to drive enhanced growth and performance."

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