TriMas Announces Main Fiscal Officer Succession | Enterprise & Finance

BLOOMFIELD HILLS, Mich.–(Business WIRE)–Apr 28, 2021–

TriMas (NASDAQ: TRS) these days introduced the retirement of Robert (Bob) Zalupski as Chief Money Officer and Treasurer. In link with this growth, and as element of the Company’s succession setting up approach, TriMas also announced the appointment of Scott Mell as Chief Economical Officer, successful May 1, 2021. He will report to Thomas Amato, TriMas President and Main Govt Officer.

Mr. Zalupski, who has served in finance leadership roles within TriMas for 19 decades, and as its Chief Economic Officer considering the fact that January 2015, joined TriMas in 2002. Around the several years, he performed a critical job in a range of the Company’s strategic and money organization initiatives, which integrated foremost world wide funds management, capital allocation and money structuring initiatives, as very well as taking care of quite a few acquisitions, divestitures and a spin-off. He has been an instrumental member of TriMas’ leadership workforce, and crucial to the improvement and effective execution of the Company’s business strategies. Mr. Zalupski has agreed to remain on with TriMas through September 30, 2021, to be certain a smooth transition and assist the execution of any specific assignments.

“Bob has created major contributions to TriMas over his occupation, and I thank him for his dedication and commitment,” reported Thomas Amato, TriMas President and CEO. “I have been lucky to function with Bob over the earlier five yrs, partnering alongside one another to generate an considerable strategic, fiscal and cultural turnaround, together with significantly redirecting our portfolio of corporations. I want to individually thank Bob for all that he has accomplished even though at TriMas, and wish him and his wife, Susan, the very greatest in his properly-deserved retirement.”

Mr. Mell joins TriMas with a lot more than 25 a long time of strategic management and money administration practical experience. Since 2018, he has served as Handling Director of Recovery & Transformation Expert services for Riveron, functioning on a wide range of tasks across a diverse established of industries. In this function with Riveron, he has led crucial jobs at TriMas about the earlier three many years to assistance constant improvement efforts inside TriMas’ Packaging and TriMas’ Aerospace segments.

“We are pleased to be adding this sort of a experienced and knowledgeable member to our management staff,” commented Mr. Amato. “Scott has an outstanding monitor file of providing success, and his fiscal, operational and strategic ordeals will be vital to TriMas as we continue to develop and push enhanced operational overall performance across our business enterprise portfolio. He has considerable global working experience including tested management, finance, accounting, operational and units expertise, cultivated from in just substantial, global multi-nationwide firms.”

Prior to his tenure at Riveron, Mr. Mell served in a variety of roles for Ernst & Younger, McKinsey & Business, AlixPartners and PriceWaterhouse. His activities involved a assorted established of management positions, such as serving as Main Fiscal Officer, Chief Transformation Officer, Main Restructuring Officer and Main Govt Officer. He also holds a Bachelor of Small business Administration diploma with a concentration in Finance and Internet marketing from James Madison University in Harrisonburg, Virginia.

“On behalf of TriMas’ Board of Administrators, I would like to thank Bob for his numerous several years of services and the constructive impacts he has designed to TriMas,” commented Samuel Valenti III, TriMas Chairman. “During his tenure, Bob has aided create a disciplined economical society and outstanding cash composition that depart TriMas effectively-positioned for sustained good results in the foreseeable future. Building upon this basis, we appear forward to Scott signing up for the team and the contributions he will make as we accelerate our development.”

Also, in connection with this announcement, Jan van Dijk, TriMas’ Vice President Tax & Treasury, will now be appointed to TriMas Vice President & Treasurer. Mr. van Dijk has been with TriMas since 2018, and has led a quantity of large-impression assignments in his current part. He will keep on to oversee TriMas’ company tax, income administration and setting up, banking and treasury functions.

TriMas is a international producer and company of products and solutions for buyers primarily in the client products and solutions, aerospace and industrial marketplaces, with around 3,200 dedicated workers in 11 nations around the world. We offer clients with a vast array of revolutionary and high-quality product or service remedies via our marketplace-leading firms. Our TriMas relatives of organizations has solid brand names in the marketplaces served, and operates beneath a typical set of values and strategic priorities less than the TriMas Organization Product. TriMas is publicly traded on the NASDAQ beneath the ticker symbol “TRS,” and is headquartered in Bloomfield Hills, Michigan. For far more data, make sure you visit www.trimascorp.com.

Contact: Sherry Lauderback

VP, Trader Relations & Communications

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Copyright Enterprise Wire 2021.

PUB: 04/28/2021 05:00 PM/DISC: 04/28/2021 05:00 PM

Copyright Enterprise Wire 2021.