BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--
TriMas Corporation (NASDAQ: TRS) — a diversified global manufacturer of
engineered and applied products — is pleased to announce that A. Mark
Zeffiro, TriMas' chief financial officer, has recently been promoted to
executive vice president and chief financial officer.
A. Mark Zeffiro, TriMas Executive Vice President and Chief Financial Officer (Photo: Business Wire)
Zeffiro is responsible for leadership of the financial organization of
TriMas, including investor relations, financial planning, external
reporting, business analysis, treasury, tax and corporate capital, and
all aspects of operating finance, as well as emerging markets.
"Mark has a proven track record of responsible and focused fiscal
leadership," said Samuel Valenti III, TriMas' chairman of the Board of
Directors and president and chief executive officer of Valenti Capital
LLC. "His deep understanding of financial management and business
acumen, along with his global insight and experience, is invaluable to
TriMas."
"We are pleased Mark has been recognized with the more encompassing
title," said Dave Wathen, TriMas president and chief executive officer.
"Mark is a highly capable professional with expertise in his area, in
addition to being a dedicated team player. Throughout his tenure, he has
contributed to our stock price rising from below $8 when he started to
just above $32 yesterday, and our debt to equity ratio has decreased
nearly two full turns from the end of 2008 until the end of 2012. I know
Mark will continue making positive contributions to lead the company
forward."
Zeffiro joined TriMas Corporation in June 2008 as chief financial
officer, and has 25 years of financial, operational and business
leadership experience with companies such as Black & Decker and General
Electric Company. Before joining TriMas, He was vice president of
finance for the Global Consumer Product Group at Black & Decker, where
he had responsibility for financial and operational activities within
the United States, Europe, Latin America and China, including growth,
profit improvement and cost reduction initiatives. Zeffiro received his
Bachelor of Science degree in Quantitative Analysis from Bentley College.
About TriMas
Headquartered in Bloomfield Hills, Michigan, TriMas Corporation (NASDAQ:
TRS) provides engineered and applied products for growing markets
worldwide. TriMas is organized into six reportable segments:
Packaging, Energy, Aerospace & Defense, Engineered Components, Cequent
Asia Pacific and Cequent Americas. TriMas has approximately 5,500
employees at more than 60 facilities in 17 countries. For more
information, visit www.trimascorp.com.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130516005170/en/
TriMas Corporation
Christine Parker
Communications Specialist
(248)
631-5438
christineparker@trimascorp.com
Source: TriMas Corporation
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