TriMas (TRS) announced that the board of directors and Thomas Amato have agreed that Amato will transition from the role of president and CEO. The board has initiated a search process with the assistance of Spencer Stuart, a nationally-recognized executive search firm, to identify a successor. Amato will remain with the company through June 30 and will remain president and CEO until the earlier of his departure or the appointment of a permanent successor. In connection with this announcement, Amato will not stand for re-election to the company’s board of directors at the 2025 annual shareholders meeting.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TRS:
