| UNITED STATES | ||||||||
| 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
Date of Report (Date of earliest event reported) March 18, 2024
(Exact name of registrant as specified in its charter)
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 18, 2024, Mr. Samuel Valenti III, Chairman of the Board of Directors (the "Board") of TriMas Corporation (the "Company") notified the Company of his intent to retire as a director of the Company and therefore not stand for reelection at the Company's 2024 Annual Meeting of Shareholders (the "Annual Meeting"). Accordingly, Mr. Valenti's term as a director will end when his current term expires at the Annual Meeting. Mr. Valenti's decision to retire from the Board is not related to any disagreement with the Company on any matter relating to its operations, policies or procedures. Mr. Valenti has served as Chairman of the Company's Board since 2002. The Company thanks Mr. Valenti for his many positive contributions and dedicated years of service and wishes him well in his next endeavor.
In light of this departure from the Board, the Board has appointed Herbert K. Parker, who has served on the Company's Board since 2015, to serve as Chairman of the Board upon Mr. Valenti's retirement. In addition, in connection with Mr. Valenti's retirement, the Board has reduced the size of the Board to eight directors, seven of whom are independent, effective as of the Annual Meeting.
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 hereunto duly authorized.
| TRIMAS CORPORATION | ||||||||||||||||||||
| Date: | March 20, 2024 | By: | /s/ Jodi F. Robin | |||||||||||||||||
| Name: | Jodi F. Robin | |||||||||||||||||||
| Title: | General Counsel and Secretary | |||||||||||||||||||