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Stoneridge Appoints Scott Humphrey as Chief Financial Officer

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NOVI, Mich., June 3, 2026 /PRNewswire/ — Stoneridge, Inc. today announced the appointment of Scott Humphrey to the position of chief financial officer and treasurer. Humphrey will oversee the company’s global finance organization and help advance the continued focus on operational excellence, strategic growth and delivering long-term value for our customers, employees and shareholders.

Humphrey is a seasoned financial executive with more than 25 years of progressive experience in international finance, treasury and operations management within both public and private equity owned companies. Most recently, he served as Chief Financial Officer at Fox Factory Holding Corporation, a global leader in the design and manufacture of specialty sports and on- and off-road vehicles. During his tenure, he played a key role in supporting the company’s rapid growth, leading acquisitions, enhancing financial infrastructure, and helping scale operations globally. He was also instrumental in aligning finance functions across the organization and building systems and processes to support long-term growth and operational excellence.

Humphrey earned a bachelor’s degree in finance from Boston College and an MBA from Georgetown University.

“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.”

Prior to Fox Factory, Humphrey served as interim CFO at Hibbett Sports and previously held the CFO role at Ciner Resources LP, where he gained extensive experience in capital markets, financial planning, treasury management, mergers and acquisitions, and operational strategy.

“I am honored to step into the role of CFO and look forward to joining Stoneridge as we continue to improve profitability and unlock the full potential of our portfolio of advanced technologies,” said Scott Humphrey, CFO of Stoneridge. “I am committed to driving efficiencies and bringing a disciplined, value-creation mindset to deliver sustainable long-term performance.”

The company would also like to thank Bob Hartman for serving as Interim Chief Financial Officer since April 1, 2026. 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.

About Stoneridge, Inc.
Stoneridge, Inc., headquartered in Novi, Michigan, is a global supplier of safe and efficient electronic systems and technologies. Our systems and products power vehicle intelligence, while enabling safety and security for on- and off-highway transportation sectors around the world. Additional information about Stoneridge can be found at www.stoneridge.com.

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SOURCE Stoneridge, Inc.

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Quantinuum Announces Pricing of Upsized Initial Public Offering

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BROOMFIELD, Colo., June 3, 2026 /PRNewswire/ — Quantinuum Inc. (“Quantinuum”) today announced the pricing of the upsized initial public offering of 28,000,000 shares of its Class A common stock at a price to the public of $60.00 per share. Quantinuum has granted the underwriters a 30-day option to purchase up to an additional 4,200,000 shares of its Class A common stock to cover over-allotments at the initial public offering price, less underwriting discounts and commissions.

The shares of Class A common stock are expected to begin trading on the Nasdaq Global Market on June 4, 2026 under the ticker symbol “QNT.” The offering is expected to close on June 5, 2026, subject to customary closing conditions.

J.P. Morgan and Morgan Stanley (in alphabetical order) are acting as joint lead active book-running managers for the offering; Jefferies and Evercore ISI are also acting as active book-running managers; BofA Securities, UBS Investment Bank, Cantor, Mizuho, Needham & Company, Societe Generale and TD Cowen are acting as joint-book running managers; and Craig-Hallum and Rosenblatt are acting as co-managers for the offering.

A registration statement relating to this offering was declared effective by the Securities and Exchange Commission on June 3, 2026. The offering is being made available only by means of a prospectus. Copies of the prospectus, when available, may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com; Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014, Attention: Prospectus Department or by email at prospectus@morganstanley.com; Jefferies LLC, Attn: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, New York 10022, by telephone at (877) 821-7388 or by email at Prospectus_Department@Jefferies.com; or Evercore Group L.L.C., Attention: Equity Capital Markets, 55 East 52nd Street, 35th Floor, New York, New York 10055, by telephone at 888-474-0200 or by email at ecm.prospectus@evercore.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Quantinuum

Quantinuum is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry’s highest accuracy levels based on average two-qubit gate fidelity as of December 31, 2025. Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets. Quantinuum’s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar and Singapore.

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Compal and Datasection Advance AI Infrastructure for the Production Era

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TAIPEI, June 4, 2026 /PRNewswire/ — As artificial intelligence rapidly transitions from experimentation to large-scale production deployment, demand for AI factories, AI cloud infrastructure, and high-performance computing capacity continues to accelerate. Compal Electronics (“Compal”; TWSE: 2324), a leading provider of server and AI infrastructure solutions, is supporting this transformation through advanced computing platforms designed for next-generation AI workloads and large-scale AI service delivery.

As organizations continue to expand the use of AI across software development, content creation, video generation, and intelligent business operations, infrastructure has become a critical foundation for delivering reliable and scalable AI services. At the same time, enterprises are actively exploring new AI-driven workflows and agentic AI applications, driving demand for larger-scale and more capable AI infrastructure.

As part of this effort, Japan-based AI infrastructure provider Datasection Inc. utilizes Compal’s SGX30-2 AI server platform to support the expansion of its AI cloud platform and computing infrastructure. As demand for generative AI, coding assistants, video generation services, AI agents, and large-scale inference workloads continues to grow, scalable AI infrastructure has become increasingly important for delivering production-grade AI services across the Asia-Pacific region.

Designed for next-generation accelerated computing environments, Compal’s SGX30-2 AI server platform delivers the compute density, scalability, and operational efficiency required for modern AI factories. Optimized for AI and HPC workloads from training to inference, the platform supports a broad range of compute-intensive applications, including large-scale inference, AI service deployment, and emerging agentic AI workloads. By enabling customers to efficiently scale computing resources, the platform helps accelerate the deployment of production-ready AI environments.

“AI is rapidly moving beyond experimentation into large-scale production environments,” said Alan Chang, Vice President of Compal Infrastructure Solutions Business Group. “As AI factories, AI cloud services, and large-scale inference workloads continue to expand, infrastructure scalability, system integration, and operational efficiency have become critical success factors. Through collaboration with ecosystem partners such as Datasection, Compal is committed to helping customers build the computing foundation required to support the next generation of AI innovation and service delivery.”

As demand for AI computing infrastructure continues to grow, Compal remains committed to advancing innovation across compute, power, and cooling technologies. By working closely with customers and ecosystem partners, the company aims to accelerate the deployment of AI factories, large-scale AI infrastructure, and intelligent services that support the future of AI at scale.

 

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SOURCE Compal Electronics

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Electronic Transactions Association Commends Governor Polis for Protecting Colorado Consumers, Small Businesses, and Jobs

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WASHINGTON, June 3, 2026 /PRNewswire/ — The Electronic Transactions Association (ETA) today applauded Governor Jared Polis for vetoing Senate Bill 26-134, legislation that would have disrupted electronic payments and increased costs for Colorado consumers and small businesses.

“Governor Polis demonstrated strong leadership by standing up for Colorado consumers, small businesses, and workers,” said Jodie Kelley, Chief Executive Officer of ETA. “His veto protects the payment systems Coloradans rely on every day and prevents a policy that would have increased costs and disrupted commerce across the state.”

SB 26-134 would have imposed unprecedented mandates on the payments system that powers commerce across Colorado. Industry stakeholders warned the legislation could have led to more declined transactions at the checkout counter, making it harder for consumers to complete purchases and disrupting everyday commerce. By vetoing SB 26-134, Governor Polis avoided payment disruptions that could have left consumers frustrated and businesses losing sales.

Governor Polis’s action also helps safeguard an industry that plays a significant role in Colorado’s economy. According to a recent PwC study commissioned by ETA, the payments industry supports approximately 40,000 jobs in Colorado, generates $4.2 billion in labor income, and contributes $6.2 billion to the state’s GDP.

“Governor Polis recognized that Colorado should not risk disrupting a payments system that supports consumers, small businesses, and thousands of jobs across the state,” Kelley said.  “His veto sends a clear signal that Colorado supports innovation, consumer choice, and a modern payments ecosystem that powers economic growth.  We look forward to working with state leaders on policies that strengthen Colorado’s economy while preserving the reliability and security of modern payments.”

About ETA

The Electronic Transactions Association is the world’s leading advocacy and trade association representing the payments technology ecosystem. ETA members make commerce possible by processing and securing electronic transactions for consumers, merchants, and businesses of all sizes. www.electran.org

Media:

Scott Talbott
stalbott@electran.org

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SOURCE Electronic Transactions Association (ETA)

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