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Core Molding Technologies Announces CEO Retirement Plan

Story Highlights
  • Core Molding Technologies announced CEO David Duvall’s retirement effective May 31, 2026.
  • COO Eric Palomaki will succeed Duvall, ensuring a smooth leadership transition and continued growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Core Molding Technologies Announces CEO Retirement Plan

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An update from Core Molding Technologies ( (CMT) ) is now available.

On August 5, 2025, Core Molding Technologies announced the planned retirement of CEO David L. Duvall, effective May 31, 2026, with COO Eric L. Palomaki set to succeed him. This transition is part of the company’s long-term succession plan, reflecting its strategic focus on sustained growth and operational excellence. Duvall, who has been instrumental in transforming the company from financial instability to profitability, will continue as an Executive Advisor until December 2027, ensuring a smooth leadership transition and continued strategic guidance.

The most recent analyst rating on (CMT) stock is a Buy with a $24.00 price target. To see the full list of analyst forecasts on Core Molding Technologies stock, see the CMT Stock Forecast page.

Spark’s Take on CMT Stock

According to Spark, TipRanks’ AI Analyst, CMT is a Neutral.

Core Molding Technologies scores 69, reflecting a balanced assessment of its strengths and challenges. The most significant factor is its stable financial performance, supported by strong margins and low leverage. However, technical indicators show mixed signals, and recent earnings call details reveal challenges with revenue decline and lower guidance. While valuation appears reasonable, ongoing strategic initiatives in corporate events point to potential future growth opportunities.

To see Spark’s full report on CMT stock, click here.

More about Core Molding Technologies

Core Molding Technologies is a leading engineered materials company specializing in molded structural products, primarily serving the building products, utilities, transportation, and powersports industries across North America. The company offers a variety of manufacturing processes, including thermoset and thermoplastic molding, to cater to diverse market needs.

Average Trading Volume: 31,648

Technical Sentiment Signal: Strong Buy

Current Market Cap: $148.4M

Find detailed analytics on CMT stock on TipRanks’ Stock Analysis page.

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