TriMas Corp Announces Chairman’s Retirement and Succession
Company Announcements

TriMas Corp Announces Chairman’s Retirement and Succession

Trimas Corp (TRS) just unveiled an update.

Samuel Valenti III, long-serving Chairman of the Board for TriMas Corporation, has announced his retirement and will not seek reelection at the upcoming Annual Meeting. His departure, not due to any internal disagreements, marks the end of a notable tenure that began in 2002. Herbert K. Parker is set to take over as Chairman, while the board will downsize to eight directors, maintaining a strong majority of independent members.

For detailed information about TRS stock, go to TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskTriMas Reports Mixed Q3 2024 Financial Results
TheFlyTriMas sees FY24 EPS $1.70-$1.90, consensus $1.71
TheFlyTriMas reports Q3 net cash provided by operations $22M vs. $31.4M last year
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