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PR Newswire

NOVI, Mich., May 25, 2017

In the news release, Stoneridge Honored at 19th Annual Ford World Excellence Awards, issued 25-May-2017 by Stoneridge, Inc. over PR Newswire, we are advised by the company that the photo caption was originally issued incorrectly and should read "From left to right: Hau Thai-Tang, executive vice president, product development and purchasing, Ford Motor Company, Jon DeGaynor, president and chief executive officer, Stoneridge, Inc., and Raj Nair, executive vice president and president of North America, Ford Motor Company."

Stoneridge Honored at 19th Annual Ford World Excellence Awards

Recognized as a Safe Pillar Global Supplier

NOVI, Mich., May 25, 2017 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) announced it has received the 2016 Safe Pillar Award from Ford Motor Company for supplying a variety of advanced technology sensors and actuators. Stoneridge's president and chief executive officer, Jon DeGaynor, accepted the award at the 19^th annual World Excellence Awards, which took place at the Henry Ford Museum in Dearborn, Michigan on Wednesday, May 17.

From left to right: Hau Thai-Tang, executive vice president, product development and purchasing, Ford Motor Company, Jon DeGaynor, president and chief executive officer, Stoneridge, Inc., and Raj Nair, executive vice president and president of North America, Ford Motor Company.

"We are honored to receive this recognition from Ford. It is a testament to our commitment to providing world-class products that improve and enhance vehicle safety," DeGaynor said. "We share Ford's passion to deliver technology that drives increased levels of safety in today's cars and trucks around the world."

Fifty-four companies were selected from thousands of Ford global suppliers for achieving excellence in quality, cost, performance and delivery. Stoneridge was one of three suppliers recognized in the Safe Pillar category.

"The Ford World Excellence Awards recognize our outstanding suppliers around the world," said Hau Thai-Tang, Ford group vice president, global purchasing. "These suppliers deliver excellence at every level, and are key to Ford's success as we transform to an auto and mobility company."

For a complete list of winners, please visit https://web.fsp.ford.com/keyinfo/northamerica/generalinfo/html/wea/2016.html.

About Ford Motor Company

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Ford Motor Company is a global automotive and mobility company based in Dearborn, Michigan. With about 202,000 employees and 62 plants worldwide, the company's core business includes designing, manufacturing, marketing and servicing a full line of Ford cars, trucks and SUVs, as well as Lincoln luxury vehicles. To expand its business model, Ford is aggressively pursuing emerging opportunities with investments in electrification, autonomy and mobility. Ford provides financial services through Ford Motor Credit Company. For more information regarding Ford and its products and services, please visit www.corporate.ford.com.

About Stoneridge, Inc.

Stoneridge, Inc., headquartered in Novi, Michigan, is an independent designer and manufacturer of highly engineered electrical and electronic components, modules and systems principally for the automotive, commercial vehicle, motorcycle, agricultural and off-highway vehicle markets. Additional information about Stoneridge can be found at www.stoneridge.com.

SOURCE Stoneridge, Inc.

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