TriMas Announces CFO Resignation and Interim Appointment

Trimas ( (TRS) ) has shared an update.

On March 14, 2025, TriMas Corporation announced the resignation of its Chief Financial Officer, Scott A. Mell, effective March 20, 2025. His departure is not due to any disagreements with the company. Teresa M. Finley, a current board member with extensive financial expertise, has been appointed as the interim CFO to ensure continuity in strategic momentum and financial operations. Her appointment aims to enhance shareholder value and maintain the company’s trajectory. Additionally, board member Jeffrey M. Greene will not seek re-election at the upcoming annual meeting in May 2025.

More about Trimas

TriMas Corporation is a diversified manufacturer that produces a wide range of products for the consumer products, aerospace, and industrial markets through its TriMas Packaging, TriMas Aerospace, and Specialty Products groups. The company operates globally with approximately 3,900 employees across 13 countries and is publicly traded on the NASDAQ under the ticker symbol ‘TRS’.

YTD Price Performance: 3.46%

Average Trading Volume: 365,417

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.02B

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