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.
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