View:
================================================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
September 2, 2003
Date of Report (Date of earliest event reported)
TRIMAS CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 333-100351 38-2687639
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) file number) Identification No.)
39400 Woodward Ave., Ste. 130
Bloomfield Hills, MI 48304
(Address of principal executive offices)
(248) 631-5450
(Registrant's telephone number, including
area code)
Not Applicable
(Former name or former address, if changed since last report)
================================================================================
Item 7. Exhibits.
(c) Exhibits. The following exhibit is filed herewith:
Exhibit No. Description
----------- -----------
99.1 News Release
Item 9. Regulation FD Disclosure.
On September 2, 2003, TriMas Corporation issued a news release, a copy of
which is filed as an exhibit to this Form 8-K, announcing that Benson K. Woo has
been appointed as the Company's Chief Financial Officer, effective September 3,
2003. The Company further announced that Mr. Woo replaces Mr. Todd R. Peters,
who has left the Company to pursue other opportunities.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: September 2, 2003
TRIMAS CORPORATION
By: /s/ Grant H. Beard
---------------------------------
Name: Grant H. Beard
Title: President and Chief Executive Officer
EXHIBIT INDEX
Exhibit 99.1 News Release
[LOGO] Contact:
Rich Donley
Bianchi Public Relations
248-269-1122
rdonley@bianchipr.com
NEWS RELEASE
TriMas Corporation Appoints New Chief Financial Officer
BLOOMFIELD HILLS, Mich., Sept. 2, 2003 - TriMas Corporation has appointed Benson
K. Woo as the company's new chief financial officer (CFO), effective Sept. 3.
Woo replaces Todd R. Peters, who has left the company to pursue other
opportunities. The announcement was made by TriMas Corporation President and CEO
Grant H. Beard.
"Benson Woo is a great addition to the TriMas executive management team," Beard
said. "He has 24 years of senior financial experience in the automotive,
machinery, electrical products and financial services industries, which will be
integral to strengthening our financial discipline, maximizing shareholder value
and enhancing our future growth."
Based at TriMas' corporate headquarters in Bloomfield Hills, Woo will be
responsible for the strategic financial leadership including financial planning,
external reporting, acquisition integration financial analysis, treasury, tax,
audit, corporate capital strategies and attainment of TriMas financial
imperatives.
Woo has 24 years of strong financial and executive management expertise, having
served as corporate CFO and treasurer in large global organizations, including
15 years with General Motors Corporation. He also has significant experience
conducting business in Europe, Latin America and Asia.
Most recently, he served as CFO and senior vice president of business
development for Minnetonka, Minn.-based Metris Companies Inc., the 10th largest
MasterCard and Visa credit card issuer. In this position for four years, he
managed a $550 million budget and oversaw strategic planning and merger and
acquisition diversification efforts.
Prior to this, he served as vice president and CFO at York International
Corporation in York, Pa., where he led corporate financial management, including
planning, reporting, mergers and acquisitions, controllership, treasury, tax,
audit and information systems.
- More -
TriMas Names New CFO p.2
From 1994 to 1998, he was vice president and treasurer of Racine, Wis.-based
Case Corporation (now CNH Global NV). In this position, he was responsible for
corporate finance, bank relationships and cash management, foreign exchange,
pension investments, insurance, secondary IPO offerings, acquisition
financing and strategic planning.
From 1979 to 1994, Woo served in various financial positions for GM in Michigan,
New York, Canada and Brazil. He served as finance director of credit card
operations; treasurer of GM do Brasil manufacturing operations and CFO of three
Brazilian finance companies; treasurer of the GM-Suzuki joint venture; director
of worldwide banking and U.S. cash management; manager and senior financial
analyst of overseas financing; and business analyst for the GM Fisher Body
Division.
Woo earned a bachelor of science degree in electrical engineering from the
Massachusetts Institute of Technology in Cambridge, Mass. and a master's of
business administration in finance from Harvard Business School in Boston, Mass.
He is fluent in Portuguese and Chinese.
Headquartered in Bloomfield Hills, Mich., TriMas is a diversified growth
company of high-end, specialty niche businesses manufacturing a variety of
products for commercial, industrial and consumer markets worldwide. TriMas is
organized into four strategic business groups: Cequent Transportation
Accessories, Rieke Packaging Systems, Fastening Systems and Industrial
Specialties. TriMas has nearly 5,000 employees at 80 different facilities in 10
countries. For more information, visit www.trimascorp.com.
# # #
Editor's Note:
A current resident of Shorewood, Minn., Woo will be relocating to the Detroit
area.