TriMas Announces Interim Chief Financial Officer
TriMas (NASDAQ: TRS) announced that CFO Scott Mell will depart the company on March 20, 2025. The company has appointed Teresa Finley, a current board member since 2020, as interim CFO and Treasurer. Finley brings over 34 years of financial expertise, including roles as Chief Marketing and Business Services Officer at UPS and CFO for multiple global businesses.
Finley will step down from her positions as Chair of the Board's Compensation Committee and member of the Audit Committee. She currently serves on the Union Pacific Railroad Board and previously worked as a Senior Advisor at Boston Consulting Group from 2019 to 2021.
TriMas, headquartered in Bloomfield Hills, Michigan, reaffirmed its full-year guidance and reported a solid start to the year. The company manufactures products for consumer products, aerospace, and industrial markets through its TriMas Packaging, TriMas Aerospace, and Specialty Products groups, employing approximately 3,900 people across 13 countries.
TriMas (NASDAQ: TRS) ha annunciato che il CFO Scott Mell lascerà l'azienda il 20 marzo 2025. L'azienda ha nominato Teresa Finley, attuale membro del consiglio dal 2020, come CFO e Tesoriere ad interim. Finley porta con sé oltre 34 anni di esperienza finanziaria, inclusi ruoli come Chief Marketing and Business Services Officer presso UPS e CFO per diverse aziende globali.
Finley si dimetterà dalle sue posizioni di Presidente del Comitato per la Compensazione del Consiglio e membro del Comitato di Revisione. Attualmente fa parte del Consiglio della Union Pacific Railroad e ha precedentemente lavorato come Consulente Senior presso il Boston Consulting Group dal 2019 al 2021.
TriMas, con sede a Bloomfield Hills, Michigan, ha confermato le sue previsioni per l'intero anno e ha riportato un buon inizio d'anno. L'azienda produce prodotti per i mercati dei beni di consumo, aerospaziale e industriale attraverso i suoi gruppi TriMas Packaging, TriMas Aerospace e Specialty Products, impiegando circa 3.900 persone in 13 paesi.
TriMas (NASDAQ: TRS) anunció que el CFO Scott Mell dejará la empresa el 20 de marzo de 2025. La compañía ha nombrado a Teresa Finley, actual miembro de la junta desde 2020, como CFO y Tesorera interina. Finley aporta más de 34 años de experiencia financiera, incluidos roles como Directora de Marketing y Servicios Empresariales en UPS y CFO de múltiples negocios globales.
Finley renunciará a sus posiciones como Presidenta del Comité de Compensación de la Junta y miembro del Comité de Auditoría. Actualmente forma parte de la Junta de Union Pacific Railroad y anteriormente trabajó como Asesora Senior en Boston Consulting Group de 2019 a 2021.
TriMas, con sede en Bloomfield Hills, Michigan, reafirmó su guía para todo el año e informó un sólido comienzo de año. La empresa fabrica productos para los mercados de bienes de consumo, aeroespacial e industrial a través de sus grupos TriMas Packaging, TriMas Aerospace y Specialty Products, empleando aproximadamente a 3,900 personas en 13 países.
TriMas (NASDAQ: TRS)는 CFO Scott Mell이 2025년 3월 20일에 회사를 떠날 것이라고 발표했습니다. 회사는 2020년부터 현재 이사로 재직 중인 Teresa Finley를 임시 CFO 및 재무 담당 이사로 임명했습니다. Finley는 UPS에서 마케팅 및 비즈니스 서비스 책임자로 근무한 경력과 여러 글로벌 비즈니스의 CFO로서 34년 이상의 재무 전문성을 가지고 있습니다.
Finley는 이사회 보상위원회 위원장 및 감사위원회 위원직에서 물러날 것입니다. 그녀는 현재 Union Pacific Railroad 이사회에서 활동하고 있으며, 2019년부터 2021년까지 Boston Consulting Group의 수석 고문으로 일한 경력이 있습니다.
TriMas는 미시간주 블룸필드 힐스에 본사를 두고 있으며, 연간 가이던스를 재확인하고 올해의 좋은 시작을 보고했습니다. 이 회사는 TriMas Packaging, TriMas Aerospace 및 Specialty Products 그룹을 통해 소비재, 항공우주 및 산업 시장을 위한 제품을 제조하며, 13개국에 약 3,900명의 직원을 고용하고 있습니다.
TriMas (NASDAQ: TRS) a annoncé que le CFO Scott Mell quittera l'entreprise le 20 mars 2025. L'entreprise a nommé Teresa Finley, membre actuel du conseil depuis 2020, comme CFO et Trésorière par intérim. Finley apporte plus de 34 ans d'expertise financière, y compris des rôles en tant que Directrice Marketing et Services aux Entreprises chez UPS et CFO pour plusieurs entreprises mondiales.
Finley démissionnera de ses fonctions de Présidente du Comité de Rémunération du Conseil et de membre du Comité d'Audit. Elle siège actuellement au Conseil de l'Union Pacific Railroad et a précédemment travaillé comme Conseillère Senior chez Boston Consulting Group de 2019 à 2021.
TriMas, dont le siège est à Bloomfield Hills, dans le Michigan, a réaffirmé ses prévisions pour l'année entière et a rapporté un bon début d'année. L'entreprise fabrique des produits pour les marchés des biens de consommation, de l'aérospatiale et de l'industrie à travers ses groupes TriMas Packaging, TriMas Aerospace et Specialty Products, employant environ 3 900 personnes dans 13 pays.
TriMas (NASDAQ: TRS) gab bekannt, dass CFO Scott Mell das Unternehmen am 20. März 2025 verlassen wird. Das Unternehmen hat Teresa Finley, die seit 2020 Mitglied des Vorstands ist, zur Interim-CFO und Schatzmeisterin ernannt. Finley bringt über 34 Jahre finanzielle Expertise mit, darunter Positionen als Chief Marketing and Business Services Officer bei UPS und CFO für mehrere globale Unternehmen.
Finley wird von ihren Positionen als Vorsitzende des Vergütungsausschusses des Vorstands und Mitglied des Prüfungsausschusses zurücktreten. Derzeit ist sie im Vorstand der Union Pacific Railroad und arbeitete zuvor von 2019 bis 2021 als Senior Advisor bei Boston Consulting Group.
TriMas, mit Hauptsitz in Bloomfield Hills, Michigan, hat seine Jahresprognose bekräftigt und einen soliden Jahresstart gemeldet. Das Unternehmen stellt Produkte für die Verbrauchermärkte, die Luft- und Raumfahrt sowie die Industrie über seine Gruppen TriMas Packaging, TriMas Aerospace und Specialty Products her und beschäftigt rund 3.900 Mitarbeiter in 13 Ländern.
- Seamless leadership transition with experienced board member as interim CFO
- Company reaffirmed full-year guidance
- Reported solid start to the year
- Departure of CFO creates potential operational disruption
- Interim CFO must step down from key board committee positions
“As a valued member of our Board since 2020, Teresa brings extensive financial expertise, operational knowledge and steadfast leadership, and is well-suited to step into this interim role,” said Herbert Parker, TriMas’ Board Chairman. “Her appointment will help ensure continuity in the Company’s strategic momentum, drive improvement in our financial operations and accelerate our focus on delivering enhanced shareholder value."
Ms. Finley is a qualified financial expert and brings more than 34 years of experience in financial, marketing and strategic leadership roles at a Fortune 50 company. In addition to serving as Chief Marketing and Business Services Officer at UPS from 2015 until her retirement in 2017, Ms. Finley's prior roles at UPS included CFO for multiple global businesses, Corporate Controller and Treasurer, and Vice President of Investor Relations. Ms. Finley’s experience also includes serving as a Senior Advisor at the Boston Consulting Group from June 2019 to November 2021, as well as her current role on the Union Pacific Railroad Board.
In addition to her role as interim CFO, Ms. Finley will be appointed TriMas’ Treasurer. Concurrently, she will step down as the Chair of the Board’s Compensation Committee and member of the Audit Committee.
“We extend our thanks to Scott for the contributions he has made during his tenure at TriMas and wish him well in his next endeavor,” added Mr. Parker. “TriMas is off to a solid start to the year, and we are reaffirming our full-year guidance.”
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 3,900 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
View source version on businesswire.com: https://www.businesswire.com/news/home/20250320866917/en/
Sherry Lauderback
VP, Investor Relations & Communications
(248) 631-5506
sherry.lauderback@trimas.com
Source: TriMas
FAQ
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