TriMas Announces Appointment of Shawn Sedaghat to Board of Directors
TriMas (NASDAQ: TRS) has appointed Shawn Sedaghat as a new independent director, effective February 10, 2025. Sedaghat, who brings over four decades of global business experience in the packaging industry, will serve as a Class III director and join the Governance and Nominating Committee. This appointment expands the TriMas Board to nine directors, with eight being independent.
The appointment follows TriMas' proactive approach to board refreshment, including the recent appointment of Herbert K. Parker as independent Chairman in 2024. Sedaghat's extensive background includes founding SEDA Specialty Packaging Corp., serving as CEO of PKG Group, , and founding Gotha Cosmetics S.R.L. He currently serves as Chairman of Trend International Holding AG.
TriMas, headquartered in Bloomfield Hills, Michigan, manufactures products for consumer products, aerospace, and industrial markets through its TriMas Packaging, TriMas Aerospace, and Specialty Products groups, employing approximately 3,400 people across 13 countries.
TriMas (NASDAQ: TRS) ha nominato Shawn Sedaghat come nuovo direttore indipendente, con effetto dal 10 febbraio 2025. Sedaghat, che porta con sé oltre quattro decenni di esperienza nel settore del packaging a livello globale, servirà come direttore di classe III e si unirà al Comitato di Governance e Nominamento. Questa nomina amplia il Consiglio di Amministrazione di TriMas a nove membri, di cui otto sono indipendenti.
La nomina segue l'approccio proattivo di TriMas nel rinnovamento del consiglio, inclusa la recente nomina di Herbert K. Parker come Presidente indipendente nel 2024. Il vasto background di Sedaghat include la fondazione della SEDA Specialty Packaging Corp., il ruolo di CEO del PKG Group e la fondazione di Gotha Cosmetics S.R.L. Attualmente, ricopre il ruolo di Presidente della Trend International Holding AG.
TriMas, con sede a Bloomfield Hills, Michigan, produce beni per i mercati dei prodotti di consumo, aerospaziale e industriali attraverso i suoi gruppi TriMas Packaging, TriMas Aerospace e Specialty Products, impiegando circa 3.400 persone in 13 paesi.
TriMas (NASDAQ: TRS) ha nombrado a Shawn Sedaghat como nuevo director independiente, con efecto a partir del 10 de febrero de 2025. Sedaghat, que aporta más de cuatro décadas de experiencia empresarial global en la industria del embalaje, servirá como director de Clase III y se unirá al Comité de Gobernanza y Nominación. Esta designación amplía el Consejo de Administración de TriMas a nueve directores, de los cuales ocho son independientes.
La designación sigue el enfoque proactivo de TriMas hacia el refresco del consejo, incluida la reciente designación de Herbert K. Parker como presidente independiente en 2024. El amplio historial de Sedaghat incluye la fundación de SEDA Specialty Packaging Corp., su papel como CEO del PKG Group y la fundación de Gotha Cosmetics S.R.L. Actualmente, se desempeña como presidente de Trend International Holding AG.
TriMas, con sede en Bloomfield Hills, Michigan, fabrica productos para los mercados de consumo, aeroespacial e industrial a través de sus grupos TriMas Packaging, TriMas Aerospace y Specialty Products, empleando aproximadamente a 3,400 personas en 13 países.
TriMas (NASDAQ: TRS)는 Shawn Sedaghat를 새로운 독립 이사로 임명하며, 2025년 2월 10일부터 발효됩니다. Sedaghat는 포장 산업에서 40년 이상의 글로벌 비즈니스 경험을 가지고 있으며, 클래스 III 이사로서 Governance 및 Nominating Committee에 합류할 예정입니다. 이 임명으로 TriMas의 이사 수는 9명으로 증가하며, 이중 8명이 독립 이사입니다.
이번 임명은 2024년에 독립 의장으로 Herbert K. Parker를 최근에 임명하는 등, TriMas의 이사회 갱신에 대한 능동적인 접근 방식을 따릅니다. Sedaghat의 폭넓은 경력에는 SEDA Specialty Packaging Corp. 설립, PKG Group의 CEO 역할, Gotha Cosmetics S.R.L. 설립이 포함됩니다. 그는 현재 Trend International Holding AG의 의장직을 맡고 있습니다.
미국 미시간주 블룸필드 힐스에 본사를 둔 TriMas는 TriMas Packaging, TriMas Aerospace 및 Specialty Products 그룹을 통해 소비재, 항공우주 및 산업 시장을 위한 제품을 제조하며, 13개국에서 약 3,400명을 고용하고 있습니다.
TriMas (NASDAQ: TRS) a nommé Shawn Sedaghat en tant que nouveau directeur indépendant, à compter du 10 février 2025. Sedaghat, qui apporte plus de quatre décennies d'expérience commerciale mondiale dans l'industrie de l'emballage, servira en tant que directeur de classe III et rejoindra le comité de gouvernance et de nomination. Cette nomination porte le nombre de membres du conseil d'administration de TriMas à neuf, dont huit sont indépendants.
Cette nomination s'inscrit dans l'approche proactive de TriMas en matière de renouvellement du conseil, y compris la récente nomination d'Herbert K. Parker comme président indépendant en 2024. Le vaste parcours de Sedaghat comprend la fondation de SEDA Specialty Packaging Corp., le rôle de PDG du PKG Group et la fondation de Gotha Cosmetics S.R.L. Il est actuellement président de Trend International Holding AG.
TriMas, dont le siège est à Bloomfield Hills, Michigan, fabrique des produits pour les marchés de consommation, aérospatiaux et industriels à travers ses groupes TriMas Packaging, TriMas Aerospace et Specialty Products, employant environ 3 400 personnes dans 13 pays.
TriMas (NASDAQ: TRS) hat Shawn Sedaghat als neuen unabhängigen Direktor ernannt, der am 10. Februar 2025 in Kraft tritt. Sedaghat bringt über vier Jahrzehnte globale Geschäftserfahrung in der Verpackungsindustrie mit und wird als Direktor der Klasse III fungieren sowie dem Governance- und Nominierungsausschuss beitreten. Diese Ernennung erweitert den Vorstand von TriMas auf neun Direktoren, von denen acht unabhängig sind.
Die Ernennung folgt dem proaktiven Ansatz von TriMas zur Erneuerung des Vorstands, einschließlich der kürzlichen Ernennung von Herbert K. Parker als unabhängigen Vorsitzenden im Jahr 2024. Sedaghats umfangreicher Hintergrund umfasst die Gründung der SEDA Specialty Packaging Corp., die Tätigkeit als CEO der PKG Group sowie die Gründung der Gotha Cosmetics S.R.L. Derzeit ist er Vorsitzender der Trend International Holding AG.
TriMas, mit Sitz in Bloomfield Hills, Michigan, stellt Produkte für den Verbrauchermarkt, die Luft- und Raumfahrt sowie industrielle Märkte über die Gruppen TriMas Packaging, TriMas Aerospace und Specialty Products her und beschäftigt etwa 3.400 Mitarbeiter in 13 Ländern.
- Addition of director with extensive packaging industry expertise
- Enhanced board independence with 8 out of 9 directors being independent
- Strategic alignment with shareholder interests through key stakeholder perspective
- None.
“We are pleased to announce Shawn’s appointment to the TriMas Board,” said Herbert K. Parker, Chairman of TriMas’ Board of Directors. “He has a wealth of expertise in driving growth and value creation within the manufacturing and packaging sectors through innovation and operational excellence. In addition, adding a key shareholder perspective to the TriMas Board further strengthens the alignment between our strategic direction and the interests of our investors. We look forward to benefiting from Shawn’s expertise as we optimize our portfolio, improve operational efficiency and continue to explore opportunities to enhance shareholder value.”
“I am excited to join the TriMas Board and look forward to working with my fellow directors to drive long-term value for all shareholders,” said Mr. Sedaghat. “I invested in the Company because I believe there are significant upside opportunities to be realized and plan to leverage my experience to help drive sustainable growth and deliver value to all stakeholders.”
About Shawn Sedaghat
Mr. Sedaghat currently serves as the Chairman of the Board of Directors of Trend International Holding AG, an investment holding company with interests in real estate, public and private debt, equity and other investments. Mr. Sedaghat co-founded SEDA Specialty Packaging Corp. (“SEDA”), a manufacturer of plastic packaging products, in 1984, and served as Chairman of the Board and CEO of SEDA from 1995 until its sale to CCL Industries Inc. (“CCL”) in 1997. Following the sale, Mr. Sedaghat became a divisional President and served as a member of CCL’s Board of Directors through 1999, at which time he became a consultant for CCL. After leaving his role as a consultant at CCL, in 2001, Mr. Sedaghat founded PKG Group, LLC (“PKG”), a dispensing and packaging company, and served as PKG’s CEO until 2015. In 2005, while leading PKG, Mr. Sedaghat founded Gotha Cosmetics S.R.L. (“Gotha”) and served as its CEO from 2005 to 2008 and again from 2015 to 2017. He also held the role of Chairman of Gotha Cosmetics
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 3,400 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
Notice Regarding Forward-Looking Statements
Any "forward-looking" statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, contained herein, including those relating to TriMas’ business, financial condition or future results, involve risks and uncertainties with respect to, including, but not limited to: general economic and currency conditions; competitive factors; market demand; our ability to realize our business strategies; our ability to identify attractive acquisition candidates, successfully integrate acquired operations or realize the intended benefits of such acquisitions; pressures on our supply chain, including availability of raw materials and inflationary pressures on raw material and energy costs, and customers; the performance of our subcontractors and suppliers; risks and uncertainties associated with intangible assets, including goodwill or other intangible asset impairment charges; risks associated with a concentrated customer base; information technology and other cyber-related risks; risks related to our international operations, including, but not limited to, risks relating to tensions between
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Sherry Lauderback
VP, Investor Relations & Communications
(248) 631-5506
Sherry.lauderback@trimas.com
Source: TriMas
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