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TriMas Announces Appointment of Jeffrey Fielkow to Board of Directors
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
TriMas (NASDAQ: TRS) has appointed Jeffrey Fielkow as a new director, effective March 8, 2023. With over 30 years of experience in the packaging industry, Fielkow will also serve on the Governance and Nominating Committee. His background includes leadership roles at ID Images, LLC and Tetra Pak, where he emphasized sustainability and operational growth. Fielkow's expertise in innovation and M&A is expected to complement TriMas' existing board as the company focuses on future growth. The board now consists of nine members, with eight being independent.
Positive
Appointment of a new director with over 30 years of experience in the packaging industry.
Jeffrey Fielkow's focus on sustainability aligns with market trends.
Expected positive impact on growth through innovation and M&A expertise.
Negative
None.
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--
TriMas (NASDAQ: TRS) today announced that its Board of Directors has appointed Jeffrey Fielkow as a new director, effective March 8, 2023. Mr. Fielkow has over three decades of global business experience, coupled with extensive executive leadership skills in the packaging industry, as well as an emphasis on sustainability. With the appointment of Mr. Fielkow, who will also initially serve on the Governance and Nominating Committee, TriMas’ Board of Directors will consist of nine directors, eight of whom are independent.
“We are pleased to welcome Jeffrey Fielkow to the TriMas Board,” said Thomas A. Amato, TriMas’ President and Chief Executive Officer. “Jeff has a proven track record of successfully growing businesses through innovation and M&A, and is a champion of sustainability and ESG initiatives. In addition, his leadership and operational experience in the packaging industry, as well as his understanding of many of our customer end markets, will complement our existing Board as we look to shape TriMas’ future.”
Mr. Fielkow currently serves as the President and Chief Executive Officer of ID Images, LLC, a leading manufacturer of converted label products, serving the food and beverage, consumer durables, health and beauty, and retail industries, among others. Prior to this role, Mr. Fielkow held multiple executive positions within Tetra Pak, Inc., one of the world’s largest food-processing and packaging companies, including his most recent role as Chief Executive Officer of USA and Canada. Prior to that, he served in the roles of Chief Executive Officer of Vietnam and Vice President of Sustainability in South East Asia and Oceania. In addition to his global roles at Tetra Pak, Mr. Fielkow spent nearly 15 years in a variety of leadership and operational roles within the sustainability and recycling space, including with ReCommunity, Inc., Container Recycling, LLC, and Waste Management Recycle America, as well as serving as the Vice President of Sustainability and Recycling at Tetra Pak North America. In addition, he founded, cofounded or led successful packaging recovery organizations in the United States, Canada, Vietnam, Thailand and India, and advised several government entities on recycling strategies.
Mr. Fielkow earned a Bachelor of Arts degree in Political Science and International Relations from the University of Wisconsin-Madison, as well as a Master in Business Administration from Marquette University in Wisconsin.
About TriMas
TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,500 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets served, and operates under a common set of values and strategic priorities under the TriMas Business Model. TriMas is publicly traded on the NASDAQ under the ticker symbol “TRS,” and is headquartered in Bloomfield Hills, Michigan. For more information, please visit www.trimascorp.com.
