TriMas Announces Chief Financial Officer Succession

TriMas (NASDAQ: TRS) today announced the retirement of Robert (Bob) Zalupski as Chief Financial Officer and Treasurer. In connection with this development, and as part of the Company’s succession planning process, TriMas also announced the appointment of Scott Mell as Chief Financial Officer, effective May 1, 2021. He will report to Thomas Amato, TriMas President and Chief Executive Officer.

Mr. Zalupski, who has served in finance leadership roles within TriMas for 19 years, and as its Chief Financial Officer since January 2015, joined TriMas in 2002. Over the years, he played a critical role in a number of the Company’s strategic and financial business initiatives, which included leading global cash management, capital allocation and capital structuring initiatives, as well as managing numerous acquisitions, divestitures and a spin-off. He has been an instrumental member of TriMas’ leadership team, and vital to the development and successful execution of the Company’s business strategies. Mr. Zalupski has agreed to stay on with TriMas through September 30, 2021, to ensure a smooth transition and support the execution of any special assignments.

“Bob has made significant contributions to TriMas over his career, and I thank him for his commitment and dedication,” said Thomas Amato, TriMas President and CEO. “I have been fortunate to work with Bob over the past five years, partnering together to drive an extensive strategic, financial and cultural turnaround, including significantly redirecting our portfolio of businesses. I want to personally thank Bob for all that he has achieved while at TriMas, and wish him and his wife, Susan, the very best in his well-deserved retirement.”

Mr. Mell joins TriMas with more than 25 years of strategic leadership and financial management experience. Since 2018, he has served as Managing Director of Recovery & Transformation Services for Riveron, working on a variety of projects across a diverse set of industries. In this role with Riveron, he has led important projects at TriMas over the past three years to support continuous improvement efforts within TriMas’ Packaging and TriMas’ Aerospace segments.

“We are pleased to be adding such a qualified and experienced member to our leadership team,” commented Mr. Amato. “Scott has an impressive track record of delivering results, and his financial, operational and strategic experiences will be important to TriMas as we continue to grow and drive enhanced operational performance across our business portfolio. He has significant global experience including proven leadership, finance, accounting, operational and systems expertise, cultivated from within large, global multi-national businesses.”