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Methode Electronics appoints Avi Avula as President, CEO
Avula has over 17 years of experience in electronics industry
Avi Avula / Image: DuPont
Indian American executive Avi Avula has been appointed as the president and chief executive officer (CEO) of Chicago-based international engineering company Methode Electronics Inc. The appointment effective from January 29, 2024, follows the retirement of Donald W Duda.
According to the company's statement, Duda will work with Avula through a 3-month transition period after which the former will serve as a strategic consultant for a nine-month period.
Avula has over 17 years of experience in electronics industry, and currently serves as the vice president of strategy for DuPont’s Electronics & Industrial (E&I) business. Prior to DuPont, he held numerous roles with applied materials, most recently in Singapore where he led their business and technology development for advanced packaging.
Avula had served as the global business director for Displays, where he led the OLED and flexible display business. At Booz & Co., he worked on business, operations and product strategies across the automotive, pharmaceuticals and consumer products sectors in the US and Europe. He has also worked in the semiconductor fabrication, electronics packaging and assembly industries in the US and Asia.
Reacting to the appointment, Avula, said, "I am joining a company that has excelled for over 75 years and is well-positioned given its strong foundation. The Company’s position in the growing markets for lighting, power distribution, and sensor solutions is an exciting opportunity to take Methode forward into the next chapter of its proud history. I look forward to working with the Board and management team to drive enhanced growth and performance."
Welcoming Avula, Methode’s board chairman Walter J Aspatore, said, "He is a proven executive having led large engineered-product businesses on a global basis that have grown both organically and through acquisition. His strategic, technical, and transformative manufacturing experiences will help drive Methode’s innovation and growth initiatives and create value for shareholders."
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