The Board has initiated a comprehensive search process with the assistance of Spencer Stuart, a nationally-recognized executive search firm, to identify a successor. To ensure a smooth leadership transition, Mr. Amato will remain with the Company through June 30, 2025, and will remain President and Chief Executive Officer until the earlier of his departure or the appointment of a permanent successor. In connection with this announcement, Mr. Amato will not stand for re-election to the Company’s Board of Directors at the 2025 Annual Shareholders meeting.
Mr. Amato was appointed TriMas President & CEO in 2016 and has been instrumental in turning around the Company’s aerospace business and transforming TriMas’ business portfolio. Under his leadership, TriMas has expanded its product offerings and implemented process innovations to existing and adjacent end markets. As President and Chief Executive Officer, Mr. Amato implemented select divestitures and successfully navigated the Company through unprecedented global market conditions.