tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Matthews International Announces CFO Retirement and Successor

Story Highlights
  • Matthews International announced CFO Steven Nicola’s retirement effective December 31, 2025.
  • Daniel Stopar will succeed Nicola as CFO, with duties transitioning on December 1, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Matthews International Announces CFO Retirement and Successor

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Matthews International ( (MATW) ).

On August 19, 2025, Matthews International Corporation announced the retirement of Steven F. Nicola, its Chief Financial Officer and Treasurer, effective December 31, 2025. Nicola, who has been with the company since 1992 and served as CFO since 2003, played a crucial role in shaping the company’s financial strategy. Daniel E. Stopar, currently the Senior Vice President, Operations Controller & Head of Global Business Services, will succeed Nicola, with duties transitioning on December 1, 2025. Stopar’s appointment is expected to ensure continuity in Matthews’ financial leadership, given his extensive experience in financial and accounting roles within the company.

The most recent analyst rating on (MATW) stock is a Hold with a $24.00 price target. To see the full list of analyst forecasts on Matthews International stock, see the MATW Stock Forecast page.

Spark’s Take on MATW Stock

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

Matthews International’s overall stock score reflects financial challenges, including declining revenues and high leverage. While technical indicators and valuation provide a neutral outlook, the earnings call highlights both positive strides in debt reduction and ongoing challenges. The dividend yield offers some investor value, but the company’s financial performance remains a significant concern.

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

More about Matthews International

Matthews International Corporation operates through two core global businesses: Industrial Technologies and Memorialization. The Industrial Technologies segment focuses on precision technologies and intelligent processes, while the Memorialization segment provides products such as memorials, caskets, and cremation equipment to cemetery and funeral home customers. Additionally, Matthews has a significant investment in Propelis, a brand solutions business. The company employs over 5,400 people across 19 countries.

Average Trading Volume: 214,495

Technical Sentiment Signal: Hold

Current Market Cap: $731.9M

For an in-depth examination of MATW stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1