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TriMas Announces Departure of Josh Sherbin, Senior Vice President, General Counsel and Chief Compliance Officer

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TriMas (NASDAQ: TRS) has announced the departure of Joshua Sherbin, Senior Vice President, General Counsel, and Chief Compliance Officer, after a 16-year tenure. Sherbin played a crucial role in guiding the company through acquisitions, divestitures, and governance matters, especially during the pandemic. His official duties will end on March 5, 2021, though he will remain with TriMas until May 11, 2021, for transitional support. Jodi Robin will act as interim General Counsel during the restructuring of the legal department.

Positive
  • Joshua Sherbin contributed significantly to TriMas' governance and legal strategy over 16 years.
  • TriMas is restructuring its corporate office to align better with its business portfolio.
Negative
  • The departure of a key executive may lead to uncertainty in leadership during the transition.
  • -

TriMas (NASDAQ: TRS) today announced that Joshua Sherbin, Senior Vice President, General Counsel and Chief Compliance Officer, is leaving TriMas.

Mr. Sherbin has had a distinguished 16-year career at TriMas, which included supporting the Board of Directors and Chief Executive Officer, helping navigate through numerous acquisitions, divestitures and a spin-off, and supporting the Company and its operating divisions on legal, safety, compliance, governance, and employee-related matters. He has been an instrumental part of TriMas’ leadership team, particularly as TriMas has managed through the unprecedented pandemic period of the past year.

“Josh has made significant contributions to TriMas over the past 16 years through his prudent judgement, integrity and legal counsel,” said Samuel Valenti III, Chairman of the Board of Directors at TriMas. “He has been an instrumental leader who has helped shape TriMas into the company it is today.”

This additional realignment of the Company’s corporate office functions is the latest in TriMas’ streamlining of its infrastructure approach to better align with the proactive steps taken to focus its business portfolio. Mr. Sherbin will cease operating in his officer capacities on March 5, 2021, but he will remain employed with the Company through May 11, 2021, to offer transitional support through TriMas’ Annual Shareholders Meeting.

“We wish Josh all the best as he embarks on the next chapter of his legal career,” said Thomas Amato, President and Chief Executive Officer of TriMas. “While his service to TriMas will be missed, his legacy of improving TriMas’ governance oversight will remain strong.”

In connection with this announcement, Jodi Robin will serve as interim General Counsel while TriMas restructures its legal approach.

About TriMas

TriMas is a global manufacturer and provider of products for customers primarily in the consumer products, aerospace and industrial markets, with approximately 3,200 dedicated employees in 11 countries. We 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.

FAQ

Why is Joshua Sherbin leaving TriMas?

Joshua Sherbin is leaving TriMas after a 16-year career to embark on the next chapter of his legal career.

Who will take over as General Counsel at TriMas after Sherbin's departure?

Jodi Robin will serve as interim General Counsel while TriMas restructures its legal approach.

When will Joshua Sherbin cease his official duties at TriMas?

Joshua Sherbin's official duties will end on March 5, 2021.

How long will Joshua Sherbin remain with TriMas after his official departure?

Joshua Sherbin will remain with TriMas until May 11, 2021, to provide transitional support.

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