Methode Electronics, Inc. Adds OhioHealth Retired CEO David Blom and Marmon Chairman and CEO Angelo Pantaleo to its Board of ...
December 13 2019 - 4:30PM
Methode Electronics, Inc. (NYSE: MEI), a global
developer of custom engineered and application specific products
and solutions, announced today the election of David Blom and
Angelo Pantaleo as directors of the Company.
Chairman Walter J. Aspatore said, “We are pleased to welcome
David and Angelo to our board of directors and look forward to
leveraging their extensive experience as CEOs and directors. David
is an experienced healthcare administration executive who
understands the complexity and trends of the healthcare delivery
environment and will bring additional valuable insight to assist
Methode in driving value creation with our Dabir Surface (medical
device) offering. Angelo brings a wealth of expertise and will be a
tremendous asset in supporting Methode’s focus on growing its
industrial market presence. Both David and Angelo are well versed
in company governance, providing additional leadership and guidance
to Methode. Their depth and breadth of business experience, gained
in key roles, will add significant perspective in supporting
Methode’s growth strategy to increase shareholder value.”
Mr. Blom is currently a Director on the boards of Worthington
Industries, SOC Telemed, Vizient and Healthy Roster. Mr. Blom
recently retired as CEO of OhioHealth, having led its expansion in
Ohio for sixteen years. He transformed the OhioHealth’s business
model to improve operational efficacy, service and quality to
ensure the community receives more affordable healthcare services.
Under his leadership, OhioHealth has been on the Fortune “100 Best
Companies to Work For” list for 12 straight years. Prior, Mr. Blom
began with what is now known as OhioHealth in 1983, was promoted to
Chief Operating Officer is 1999, and promoted to CEO three years
later.
Mr. Pantaleo is Chairman and CEO of Marmon Holdings, Inc.
Marmon, a Berkshire Hathaway subsidiary, is a global industrial
organization comprising more than 125 diverse businesses with 2018
revenues of more than $8.1 billion. After joining Marmon in 1991,
Mr. Pantaleo advanced to Group President over Marmon’s portfolio of
water treatment and consumer products businesses. Beginning in
2014, he led the integration of Duracell into Berkshire Hathaway
and served as Chairman and CEO of the global battery business until
returning to Marmon in 2018. Before joining Marmon, he spent 11
years in progressive roles with DuPont.
About Methode Electronics, Inc.Methode
Electronics, Inc. (NYSE: MEI) is a global developer of custom
engineered and application specific products and solutions with
manufacturing, design and testing facilities in Belgium, Canada,
China, Egypt, Germany, India, Italy, Lebanon, Malta, Mexico, the
Netherlands, Singapore, Switzerland, the United Kingdom and the
United States. We design, manufacture and market devices employing
electrical, radio remote control, electronic, LED lighting,
wireless and sensing technologies. Our business is managed on a
segment basis, with those segments being Automotive, Industrial,
Interface and Medical. Our components are found in the primary
end-markets of the aerospace, appliance, automotive, commercial
vehicle, construction, consumer and industrial equipment,
communications (including information processing and storage,
networking equipment, wireless and terrestrial voice/data systems),
medical, rail and other transportation industries. Further
information can be found on Methode's Web site www.methode.com.
For Methode Electronics, Inc.Mark
ShermetaroVice President Corporate
Developmentmshermetaro@methode.com248-752-3468
Nathan AblerDresner Corporate
Servicesnabler@dresnerco.com714-742-4180
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