Here are 1-3 brief analogies for Stoneridge (SRI):

• Stoneridge is a specialized Continental or Bosch, focusing on advanced electronic components like digital dashboards, sensors, and vision systems for vehicles.
• Similar to Aptiv or Mobileye, Stoneridge designs and manufactures critical electronic systems – including digital dashboards, sensors, and camera systems – for automotive and commercial vehicle manufacturers.
• Imagine a Rockwell Collins (now Collins Aerospace) for the automotive industry, providing the electronic 'cockpit' systems like digital dashboards and advanced sensors for vehicles.

• Driver Information Systems: Stoneridge provides instrument clusters, displays, and telematics systems that deliver critical information to commercial vehicle operators.
• MirrorEye® Camera Monitor Systems: This advanced digital mirror system replaces traditional vehicle mirrors with cameras and interior displays, enhancing visibility, safety, and aerodynamics for commercial vehicles.
• Electronic Control Modules & Sensors: The company manufactures a range of electronic control units (ECUs) and various sensors (e.g., speed, position, pressure) essential for vehicle performance, safety, and regulatory compliance.

Stoneridge, Inc. (symbol: SRI) primarily operates on a business-to-business (B2B) model, selling highly engineered electrical and electronic components, modules, and systems to original equipment manufacturers (OEMs) in the automotive, commercial vehicle, and off-highway markets.

Based on their public filings, while no single customer accounts for 10% or more of their consolidated net sales, their principal customers collectively represent a significant portion of their revenue. These major customer companies include:

• Daimler Truck (DTRUY)
• Ford Motor Company (F)
• Navistar (a subsidiary of Traton SE)
• Stellantis N.V. (STLA)
• Volvo Group (VOLVY)

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James Zizelman, President & Chief Executive Officer

James Zizelman was appointed President and Chief Executive Officer of Stoneridge, Inc. on January 31, 2023, and also joined the company's Board of Directors at that time. His career in the automotive and mobility industry spans over four decades. Before becoming CEO, Zizelman served as President of Stoneridge's Control Devices Division, where he was instrumental in transforming product lines and developing advanced technologies for electrification. He began his career at General Motors, focusing on engine and fuel system management. Zizelman holds bachelor's and master's degrees in mechanical engineering from Case Western Reserve University, is a member of the Society of Automotive Engineers (SAE) and the American Society of Mechanical Engineers (ASME), holds 10 patents, and has published numerous technical papers. He is also a member of the Board of Directors of Lunewave, a start-up focused on transportation radar systems.

Matthew Horvath, Chief Financial Officer & Treasurer

Matthew Horvath was appointed Chief Financial Officer and Treasurer of Stoneridge in 2021. Prior to this role, he served as Stoneridge's Executive Director of Corporate Strategy and Investor Relations, and before that, as Director of Investor Relations. Before joining Stoneridge, Horvath spent six years at EY (Ernst & Young) in the Transaction Advisory practice, where his work primarily focused on business and asset valuation, with an emphasis on the automotive and transportation industry. He is a graduate of Michigan State University with a bachelor's degree in Finance. During his tenure at Stoneridge, he played an integral role in shaping the company's transformation, including supporting the refinement of its product portfolio and operations through multiple divestitures.

Rajaey Kased, President, Control Devices Division

Rajaey Kased was appointed President of the Control Devices Division in January 2023. He joined Stoneridge in 2019 as Vice President of Sales, Strategy, and Product Line Management for the division. Prior to his time at Stoneridge, Kased served as the Head of Business Development, ADAS and Powertrain, North America, at Henkel. From 2005 to 2017, he held various positions of increasing responsibility at Delphi, where he led advanced engineering and business teams. Kased holds both a bachelor's and master's degree in mechanical engineering from the University at Buffalo, and a master's in business administration from the University of Rochester.

Caetano Ferraiolo, President, Stoneridge Brazil Division

Caetano Ferraiolo was appointed President of the Stoneridge Brazil Division in June 2017. He joined the company in 2015, having previously served as Chief Operating Officer. Before joining Stoneridge, Ferraiolo spent five years as Vice President of Operations for Cannondale Sports Group in Brazil. From 2005 to 2010, he was the Director of European Commercial and Development at Autocam Corporation, a manufacturer of precision components for the automotive industry. He held various roles in operations and commercial areas during his eight-year tenure with Autocam Corporation.

Susan Benedict, Chief Human Resources Officer & Assistant General Counsel – Labor and Employment

Susan Benedict was appointed Chief Human Resources Officer (CHRO) and Assistant General Counsel – Labor and Employment in June 2019. In this role, she leads Stoneridge's global human resources team, developing and delivering global talent and organizational strategies, and providing legal advice on global labor and employment matters. Benedict previously served as Stoneridge's Director of Legal since November 2017. She also serves as a Board Member at Unique Fabricating, Inc. She attended Detroit Mercy, Ohio State University, and Western Michigan University.

• The rapid transition of the automotive and commercial vehicle industry to Electric Vehicle (EV) architectures, which fundamentally alters demand for traditional components and fosters a new competitive landscape for EV-specific parts.
• The increasing industry adoption of Software-Defined Vehicles (SDVs) and centralized computing platforms, which shifts the value proposition from discrete hardware components and distributed Electronic Control Units (ECUs) to integrated software-centric systems.

Stoneridge, Inc. (SRI) is a global supplier of highly engineered electrical and electronic systems, components, and modules for the automotive, commercial vehicle, off-highway, and agricultural vehicle markets. The company operates through three primary segments: Control Devices, Electronics, and Stoneridge Brazil.

The addressable markets for Stoneridge's main products and services are as follows:

• Digital Tachographs: The global digital tachograph market was valued at approximately USD 2.5 billion in 2023 and is projected to reach around USD 5.6 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 9.2% during the forecast period. Europe currently holds the largest market share due to stringent regulatory environments. Another estimate valued the global market at USD 1.2 billion in 2023, expected to grow to USD 2.0 billion by 2030 at a CAGR of 7.8%.
• Commercial Vehicle Camera-based Vision Systems (e.g., MirrorEye): null
• Driver Information Systems (Instrument Clusters, Digital Displays): null
• Electronic Control Units (ECUs): null
• Sensors, Switches, Actuators (Control Devices): null
• Vehicle Tracking Devices and Telematics Solutions: null

Stoneridge, Inc. (SRI) is expected to drive future revenue growth over the next two to three years through several key initiatives and product expansions:

1. Continued Growth of the MirrorEye Camera Monitor System: The MirrorEye system is consistently highlighted as a primary driver of revenue growth. Sales for MirrorEye grew 21% in Q2 2025 and 78% year-to-date as of Q3 2025. Stoneridge has secured significant new OEM program awards, including a global program extension valued at approximately $535 million in additional lifetime revenue through 2033, and another $55 million program anticipated to launch in the first quarter of 2028. This expansion is fueled by increasing OEM demand and growing adoption in aftermarket applications across Europe and North America.
2. Expansion in the Brazilian Market: The Stoneridge Brazil segment has demonstrated robust performance, with sales increasing 23.5% year-over-year in Q3 2025 and local OEM sales growing approximately 22% sequentially. New business awards, such as an electronic control unit program for an infotainment system with an OEM customer, are expected to generate approximately $85 million in lifetime revenue and launch in the second half of 2026, further bolstering growth in this region.
3. Launch of New Products and Program Awards: Beyond MirrorEye, Stoneridge has announced over $185 million in new program awards and extensions during Q3 2025. These include a second leak detection module award in China and expanded park lock actuator programs with Ford. Additionally, the company has secured new Smart 2 OEM programs and extensions for secondary displays and electronic control programs worth $40 million, alongside other technologies totaling $115 million in lifetime revenue. Stoneridge's IPM technology for electric vehicles and Orlaco Vision Systems are also positioned to contribute to future revenue.
4. Strategic Divestiture and Focus on Higher-Margin Segments: Stoneridge is undertaking a strategic review of its Control Devices segment, with a stated intent to sell. This move aims to streamline the business, allowing the company to focus on its higher-growth Electronics and Brazil segments. The potential proceeds from such a divestiture could be used for debt reduction or reinvestment into key growth areas, thereby indirectly supporting overall company revenue expansion by focusing resources more effectively.