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SRI-News
SRI-Events
Stoneridge Secures $42.3M New Program Contract
Stoneridge announced a major new program award for its MirrorEye Camera Monitor System. The award, the largest bus and coach CMS program in Stoneridge's history, is with an existing bus platform of a global commercial vehicle manufacturer. The program represents approximately $42.3M in projected lifetime revenue and approximately $10.6M in estimated peak annual revenue, with full commercialization expected in 2027. "This latest program award is a strong signal of where the industry is headed and the broader transformation underway as OEMs accelerate the shift toward digitalization and next-generation technologies," said Natalia Noblet, President and CEO, at Stoneridge. "Transit operators are looking for safer, smarter, and more efficient solutions, and MirrorEye continues to deliver on all fronts. Just as importantly, it reflects the strength of our customer relationships and the trust we've built to create a foundation for continuous collaboration and future program opportunities."
Stoneridge Appoints Scott Humphrey as CFO
Stoneridge announced the appointment of Scott Humphrey to the position of chief financial officer and treasurer. Most recently, he served as Chief Financial Officer at Fox Factory Holding Corporation. "Scott's appointment further strengthens our executive team at a pivotal stage in Stoneridge's growth," said Natalia Noblet, President and CEO of Stoneridge. "His extensive financial leadership experience, strategic mindset and proven track record of driving growth will be invaluable as we continue advancing our business and positioning Stoneridge for long-term success and profitability." "The company would also like to thank Bob Hartman for serving as Interim Chief Financial Officer since April 1, 2026," Stoneridge said. "Since then, Hartman has provided steady leadership and continuity across the finance organization, helping ensure a seamless transition. Hartman will continue in his role as Chief Accounting Officer, where his expertise and leadership will remain instrumental in the company's continued success."
Stoneridge Raises 2026 Revenue Outlook to $645M-$670M
Stoneridge raises 2026 revenue view to $645M-$670M, 2025 revenue $861.26M
MirrorEye Reports Q1 Revenue of $160.8M
Reports Q1 revenue $160.8M vs. $149.06M last year. "Q1 represents solid progress to start the year and an important step forward in executing our long-term strategy," said CEO Natalia Noblet. "Our results were driven by improved manufacturing performance, reduced quality-related costs, favorable net tariff recoveries, and cost control across the organization. MirrorEye continues to be a key growth driver, delivering record first quarter sales and accelerating momentum with global OEMs in the commercial vehicle end markets. We remain focused on driving earnings expansion as we capitalize on our portfolio of advanced technologies and drive cost efficiencies to improve profitability. Our priority is to deliver outstanding value to customers while collaborating with our partners to advance next-generation technologies for safer and more efficient transportation. Today, we are announcing two major business awards totaling over $135M of estimated lifetime revenue, including an OEM-integrated MirrorEye program with our fourth North American OEM customer, and a next-generation electronic controls program for a global off-highway manufacturer. These awards highlight our ability to deliver reliable, high-performance solutions for our customers while continuing to build on our strong backlog of growth products."
Stoneridge CEO Jim Zizelman to Retire on May 20
Stoneridge CEO and President Jim Zizelman is retiring, effective May 20, following nearly seven years of service to the company. The Board has appointed Natalia Noblet, current president of Stoneridge Electronics, as incoming president and CEO as part of a planned leadership transition. Zizelman will continue to serve as president and CEO until March 31, when he will transition into the role of strategic advisor. Noblet will assume the role of president and CEO and become a member of the board of directors on April 1. Zizelman will continue to serve on the board of directors and will be a board of directors' nominee for election at the 2026 Annual Meeting of Shareholders. Zizelman joined Stoneridge in 2019. Noblet joined Stoneridge in September 2024 as president of Stoneridge Electronics. Prior to Stoneridge, she spent nearly two decades at WABCO in increasingly senior roles. Following WABCO's acquisition by ZF in 2020, she held senior leadership positions.
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