TriMas Appoints Thomas Snyder President and Chief Executive Officer
June 09 2025 - 8:00AM
Business Wire
Experienced Packaging Industry Leader with a
Track Record of Enhancing Shareholder Value
TriMas (NASDAQ: TRS) today announced that Thomas J. Snyder has
been appointed President and Chief Executive Officer, and to the
TriMas Board of Directors, effective June 23, 2025. Mr. Snyder is
succeeding Thomas Amato, the current President and Chief Executive
Officer of the Company.
Mr. Snyder brings nearly 35 years of experience in the packaging
industry, having served in several leadership positions at Silgan
Holdings Inc., a global manufacturer of packaging solutions for
consumer goods products. Most recently, he served as President of
Silgan Containers LLC, from October 2007, managing close to $3
billion in sales, while driving significant sales, earnings and
cash flow growth during his tenure. Prior to that, Mr. Snyder was
Executive Vice President of Silgan Containers from July 2006 to
October 2007 and Vice President - Sales and Marketing of Silgan
Containers from July 2002 to July 2006. Earlier in his career, Mr.
Snyder served in the roles of Director of Sales, National Account
Manager, Materials Application Engineer and various operations
management positions for Silgan Containers. Mr. Snyder obtained an
M.B.A. from Pepperdine University and a B.S. in Packaging from
Michigan State University.
“After a comprehensive search process, we are pleased to recruit
someone of Thomas’ stature and experience to lead TriMas’
Packaging, Aerospace and Specialty Products groups,” commented
Herbert K. Parker, TriMas Chairman of the Board. “Thomas is an
engaging and highly accomplished packaging executive with a strong
track record of driving performance. We believe TriMas will benefit
from Thomas’ effective leadership style, operational management
expertise and customer-centric approach. We are confident that
under his leadership, TriMas will be well-positioned to enhance
shareholder value and further elevate the quality of solutions and
service we provide to our customers.”
“TriMas has a portfolio of market-leading products, great
manufacturing capabilities and solid customer relationships to
build upon for the future,” said Mr. Snyder. “I am excited to join
the team. Based on my initial evaluation, I am confident we can
identify and pursue significant opportunities to enhance future
performance of the company, and I look forward to working together
with our talented global team to achieve TriMas’ untapped
potential.”
“The TriMas Board of Directors would like to thank Thomas Amato
for his extended service while we conducted a comprehensive search
to find a best-in-class CEO that was the right fit for TriMas,”
concluded Mr. Parker.
About TriMas
TriMas manufactures a diverse set of products primarily for the
consumer products, aerospace and industrial markets through its
TriMas Packaging, TriMas Aerospace and Specialty Products groups.
Our approximately 3,900 dedicated employees in 13 countries provide
customers with a wide range of innovative and quality product
solutions through our market-leading businesses. Our TriMas family
of businesses has strong brand names in the markets served, and
operates under a common set of values and strategic priorities
under the TriMas Business Model. TriMas is publicly traded on the
NASDAQ under the ticker symbol “TRS,” and is headquartered in
Bloomfield Hills, Michigan. For more information, please visit
www.trimas.com.
Notice Regarding Forward-Looking
Statements
Any "forward-looking" statements, within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, contained herein, including those relating to
TriMas’ business, financial condition or future results, involve
risks and uncertainties with respect to, including, but not limited
to: general economic and currency conditions; competitive factors;
market demand; our ability to realize our business strategies; our
ability to identify attractive acquisition candidates, successfully
integrate acquired operations or realize the intended benefits of
such acquisitions; pressures on our supply chain, including
availability of raw materials and inflationary pressures on raw
material and energy costs, and customers; the performance of our
subcontractors and suppliers; risks and uncertainties associated
with intangible assets, including goodwill or other intangible
asset impairment charges; risks associated with a concentrated
customer base; information technology and other cyber-related
risks; risks related to our international operations, including,
but not limited to, risks relating to tensions between the United
States and China; government and regulatory actions, including,
without limitation, climate change legislation and other
environmental regulations, as well as the impact of tariffs, quotas
and surcharges; changes to fiscal and tax policies; intellectual
property factors; uncertainties associated with our ability to meet
customers’ and suppliers’ sustainability goals and achieve our
sustainability goals in alignment with our own announced targets;
litigation; contingent liabilities relating to acquisition
activities; interest rate volatility; our leverage; liabilities
imposed by our debt instruments; labor disputes and shortages; the
disruption of operations from catastrophic or extraordinary events,
including, but not limited to, natural disasters, geopolitical
conflicts and public health crises, the amount and timing of future
dividends and/or share repurchases, which remain subject to Board
approval and depend on market and other conditions; our future
prospects; and other risks that are detailed in the Company's
Annual Report on Form 10-K for the fiscal year ended December 31,
2024. The risks described are not the only risks facing our
Company. Additional risks and uncertainties not currently known to
us or that we currently deemed to be immaterial also may materially
adversely affect our business, financial position and results of
operations or cash flows. These risks and uncertainties may cause
actual results to differ materially from those indicated by the
forward-looking statements. All forward-looking statements made
herein are based on information currently available, and the
Company assumes no obligation to update any forward-looking
statements, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20250609341947/en/
Sherry Lauderback VP, Investor Relations, Communications &
Sustainability (248) 631-5506 sherry.lauderback@trimas.com
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