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Trimas ( (TRS) ) has shared an update.
TriMas Corporation announced that its President and CEO, Thomas Amato, will transition from his role, remaining with the company until June 30, 2025, or until a successor is appointed. Amato’s departure involves a comprehensive severance package and benefits arrangement including continued vesting in existing equity awards, signaling a structured leadership change aimed at maintaining operational stability.
More about Trimas
TriMas Corporation operates in the manufacturing industry, focusing on providing a diverse range of products primarily in packaging, aerospace, and industrial markets.
YTD Price Performance: 0.59%
Average Trading Volume: 288,583
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $972.9M
Learn more about TRS stock on TipRanks’ Stock Analysis page.