Universal Electronics
Scottsdale, Arizona, United States · Audio, Consumer Electronics, Electronics
Universal Electronics Inc. (Nasdaq: UEIC) is the global leader in wireless universal control solutions for the home. The company brings to life millions of innovative control products each year that focus on a user-centric approach to building control products and applications that simplify user interaction with highly complex technologies in the home, removing interoperability challenges as a roa
Key facts
- Headquarters
- Scottsdale, Arizona, United States
- Employees
- 1,542
- Industries
- Audio, Consumer Electronics, Electronics
- Status
- Public (UEIC)
- Website
- uei.com
- Company page
Recent activity at Universal Electronics
- : SEC 8-K (1.01): On August 21, 2026, Universal Electronics Inc. entered into a Third Amended and Restated Credit Agreement with U.S. Bank National Association as the administrative agent and various lenders. This agreement modifies a prior credit agreement dated October 27, 2017, reflecting new terms and conditions that amend financial provisions, covenant structures, and possibly interest rates. The strategic implications include enhanced liquidity and financial flexibility for the company, which could support operational initiatives. The transaction represents a significant update in Universal Electronics' financing strategy, ensuring continued access to necessary capital resources.
- : SEC 8-K (1.01): On July 15, 2026, Universal Electronics Inc.'s subsidiary, Gemstar Technology (Yangzhou) Co. Ltd. ('GTY'), entered into a Line of Credit Agreement and a Working Capital Loan Contract with Bank of China Limited, Baoying Sub-Branch. This follows a previously established line of credit initiated in August 2024. The transactions indicate a significant financial partnership aimed at supporting GTY's working capital needs. The agreements include terms related to previous mortgage contracts executed in 2024 and 2025, which may have strategic implications for GTY's operations.
- : Universal Electronics Announces Upcoming Retirement of Senior VP Ramzi Ammari
- : SEC 8-K (5.02): On March 13, 2026, Ramzi Ammari, the Senior Vice President of Corporate Planning and Strategy at Universal Electronics Inc., announced his retirement effective May 29, 2026. The Company has formalized this transition through a letter agreement which stipulates that should Mr. Ammari's employment end without cause before his retirement date, he will receive a severance payment equivalent to his current base salary from the termination date until May 29, 2026. This arrangement is contingent upon him executing and not revoking the Company’s standard separation agreement. The situation reflects a significant management change within the Company, which could impact strategic planning moving forward.
- : Wade M. Jenke Appointed as Chief Financial Officer at Universal Electronics Inc.
- : SEC 8-K (5.02): On December 30, 2025, Universal Electronics Inc. appointed Wade M. Jenke as Chief Financial Officer, principal financial officer, and principal accounting officer. This appointment is a significant change in the company's management structure as Jenke assumes these roles from Sui Man Ho, who remains with the company as Senior Vice President of Finance. Jenke, previously the CFO of Amtech Systems, Inc., brings valuable experience in financial leadership to Universal Electronics. This change is expected to drive strategic financial initiatives within the company moving forward.
- : SEC 8-K (5.02): On December 19, 2025, David Chong, the Executive Vice President of Global Sales at Universal Electronics Inc., notified the company of his decision to retire, effective immediately on the same date. Following his retirement, Mr. Chong will serve as a consultant for the company until March 31, 2026. This change may have implications for the company's sales strategy and leadership structure as they transition to new management oversight.
- : Universal Electronics Inc. Enters Eleventh Amendment to Credit Agreement
- : SEC 8-K (1.01): On November 17, 2025, Universal Electronics Inc. entered into an Eleventh Amendment to the Second Amended and Restated Credit Agreement with various lenders and U.S. Bank National Association as the administrative agent. This amendment extends the term of the Credit Agreement through September 30, 2027, and includes significant terms such as financial covenants and other amendments to the repayment conditions. The adjustment aims to enhance the company's liquidity and support its operational strategies. The agreement reflects the company's ongoing efforts to manage its financial commitments effectively.
- : SEC 8-K (8.01): On November 4, 2025, Universal Electronics Inc.'s Board of Directors authorized management to continue its Share Repurchase Program, which was originally approved in October 2023. This decision enables the company to buy back shares, potentially improving its stock value and providing returns to shareholders. The financial implications of such a program can be significant, as it often indicates confidence in the company's financial health and future prospects. The authorization reflects the company's strategy to manage its capital structure effectively and may impact the share price depending on market reaction.
Leadership
- Scott Venhaus, Vice President Operations
- Scott Venhaus, Vice President Operations
- Ramzi Ammari, Senior Vice President
- Sui Man (Raymond) Ho, Senior Vice President of Finance
- Wade M. Jenke, Chief Financial Officer
- Romulo Pontual, Chief Technology Officer
- Bryan Hackworth, Chief Financial Officer
- Shrenik Mehta, Chief Executive Officer
- Essie Pagan, Human Resources Leader
- Meghna Harohalli, Director Human Resources
- Karen Zhao, International Finance Manager
- Michael Koch, Strategic Financial Executive
Verified email and direct lines for Universal Electronics’s decision-makers are on Fundz. See plans
Employee benefit plans
Universal Electronics files 9 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
Universal Electronics in the news
- Universal Electronics Reports Financial Results for the Second Quarter 2026 - Business Wire (Aug 06, 2026)
- Universal Electronics and Della Connect Announce Integrated Smart HVAC and Property Management Solution for Multifamily Communities - Business Wire (Sep 15, 2026)
- Remote Control Maker UEI Reveals: Fiscal '26 2nd Qtr Results, Management Upheaval, and Amazon Lawsuit - strata-gee.com (Aug 12, 2026)
- Universal Electronics and Eneco Partner to Launch the Next-Generation Smart Thermostat, Enabling Richer Customer Engagement for Utilities - Business Wire (Sep 08, 2026)
- Universal Electronics Inc. to Host Second Quarter 2026 Financial Results Conference Call on August 6th - Yahoo Finance (Jul 30, 2026)
- Universal Electronics Inc. Successfully Completes RBA VAP Audit - ESG Today (Aug 14, 2024)
- Universal Electronics Reports Financial Results for the First Quarter 2026 - Business Wire (May 11, 2026)
- Top 25 Consumer Electronics Brands Store Online in 2026 - ClickPost (May 19, 2026)
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About Universal Electronics: questions and answers
What does Universal Electronics do?
Universal Electronics Inc. (Nasdaq: UEIC) is the global leader in wireless universal control solutions for the home. The company brings to life millions of innovative control products each year that focus on a user-centric approach to building control products and applications that simplify user interaction with highly complex technologies in the home, removing interoperability challenges as a roa
Where is Universal Electronics headquartered?
Universal Electronics is headquartered in Scottsdale, Arizona, United States.
How many employees does Universal Electronics have?
Universal Electronics has about 1,542 employees.
Who leads Universal Electronics?
Scott Venhaus is a Vice President Operations at Universal Electronics.
What is the latest news on Universal Electronics?
On Aug 21, 2026, SEC 8-K (1.01): On August 21, 2026, Universal Electronics Inc. entered into a Third Amended and Restated Credit Agreement with U.S. Bank National Association as the administrative agent and various lenders. This agreement modifies a prior credit agreement dated October 27, 2017, reflecting new terms
Is Universal Electronics a public company?
Yes. Universal Electronics is publicly traded under the ticker UEIC.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy