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Trimas ( (TRS) ) just unveiled an update.
TriMas Corporation has announced the planned transition of its President and CEO, with a focus on retaining key officers during this period. On February 11, 2025, the Board and its Compensation Committee implemented an executive retention program to support continuity, granting special retention awards and restricted stock units to key executives. This initiative is aimed at ensuring stability within the company’s leadership team amid the transition, with specific awards and conditions for retention detailed.
More about Trimas
YTD Price Performance: 0.63%
Average Trading Volume: 216,202
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $973.3M
For an in-depth examination of TRS stock, go to TipRanks’ Stock Analysis page.
