BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--
TriMas Corporation (NASDAQ: TRS) - a diversified global manufacturer of
engineered and applied products - announced today the transition of
leadership within its Cequent business segment. Tom Benson, president of
Cequent Performance Products, will be retiring at the end of April. John
Aleva, currently president of Cequent Consumer Products, will succeed
Benson and be promoted to the new position of president, Cequent
Americas, effective April 28, 2015. In this new role, Aleva will lead
the Cequent Americas segment, consisting of Cequent Consumer Products
and Cequent Performance Products, which, over time, will be integrated.
Aleva will report to Mark Zeffiro, group president of Cequent.
It was announced in December 2014 that TriMas is pursuing a tax-free
spin-off of 100% of its Cequent businesses into a new stand-alone,
publicly traded company. The spin transaction is targeted to be
completed in mid-2015. Cequent is a leading designer, manufacturer and
distributor of custom-engineered towing, trailer and cargo management
products, and other accessories, with a global footprint and a diverse
customer base of aftermarket, original equipment manufacturers and
suppliers, and retail customers.
"John Aleva is a seasoned operations leader with more than 25 years of
experience in the automotive industry. We expect John to contribute
greatly to the future success of the Cequent Americas business," said
Dave Wathen, president and chief executive officer of TriMas. "Tom
Benson has dedicated his career to his business, people and customers,
and has been successful in all of these areas. He pushes himself for
continuous improvement and sets a great example. All of us at TriMas
wish Tom an enjoyable and rewarding retirement, and congratulate John on
his promotion."
"With John's leadership skills, operational expertise, and strong
customer relationships, John is well-positioned to successfully lead
Cequent Americas," said Mark Zeffiro, group president. "John has
consistently demonstrated his ability to develop and lead
high-performing teams, drive focus on the customer and deliver
outstanding results."
John Aleva was appointed president of Cequent Consumer Products in
October 2005. He joined the company as director of integration in 2003,
prior to which he worked in the Detroit office of Deloitte Consulting
LLP and also held positions at an automotive OEM manufacturer and a Tier
1 supplier. John holds a Master of Business Administration and a Master
of Science in Electrical Engineering, both degrees from the University
of Michigan, and a Bachelor of Science in Electrical Engineering from
Michigan Technological University.
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, Engineered Components, Cequent APEA and
Cequent Americas. TriMas has approximately 7,000 employees at more than
60 facilities in 19 countries. For more information, visit www.trimascorp.com.
TriMas Corporation
Christine Parker, (248) 631-5438
Manager,
Investor Relations & Communications
christineparker@trimascorp.com
Source: TriMas Corporation
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