TriMas Corporation Adds Two New Members to Board of Directors
BLOOMFIELD HILLS, Mich. -- September 17, 2013
TriMas Corporation (NASDAQ: TRS) – a diversified global manufacturer of
engineered and applied products – announced today that its board of directors
has elected two new members, providing additional operational and
Nancy Gougarty, president and chief operating officer of Westport Innovations,
and Nick Stanage, president and chief executive officer of Hexcel Corporation,
will join TriMas Corporation’s Board of Directors, effective November 1. Both
Nancy and Nick will serve as members of the Audit, Compensation, and
Governance and Nominating Committees.
“Nancy and Nick bring with them tremendous experience and direction,” said Sam
Valenti III, chairman of TriMas’ Board of Directors. “I am anxious to work
with them and am confident they will both make valuable contributions to
“We are extremely pleased Nancy and Nick are joining our board to help us
further our strategic aspirations,” said Dave Wathen, TriMas president and
chief executive officer. “Both are strong leaders and we look forward to
benefiting from their insights and experiences.”
Nancy, with extensive experience in international business, serves Westport
Innovations as its president and chief operating officer, after resigning her
position on the company’s Board of Directors. She joined the company in early
2013. From 2008 to 2012, she served as the vice president for TRW Automotive
Corporation for Asia-Pacific, with responsibility for profit and loss. TRW
sales for Asia-Pacific were reported at $2.3 billion in 2011. Her previous
positions at TRW included vice president of product planning, business
planning and business development. Nancy has held additional leadership
positions in the automotive sector, including managing director for a General
Motors' joint venture in Shanghai, director for Delphi Packard Asia Pacific,
global account director for General Motors, and vice president for Delphi
Automotive Systems, Japan and Korea.
Nancy earned a bachelor’s degree in Industrial Management from the University
of Cincinnati and an MBA from Case Western Reserve University.
Nick joined Hexcel in 2009 as president and was appointed chief operating
officer in 2012, and in 2013, was appointed president and chief executive
officer. Prior to joining Hexcel, he served as president of the $3.7 billion
Heavy Vehicle Products business of Dana Holding Corporation. From 1986 to
August 2005, Nick held positions of increasing responsibility in engineering,
operations, and marketing with Honeywell Inc. (formerly AlliedSignal Inc.),
including vice president of Integrated Supply Chain & Technology for the $1.0
billion Consumer Products Group and finally, vice president and general
manager of the Aerospace Group's $1.4 billion Engine Systems & Accessories
Nick holds a bachelor’s degree in Mechanical Engineering from Western Michigan
University and an MBA from Notre Dame.
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 APEA and Cequent Americas. TriMas
has approximately 5,500 employees at more than 60 facilities in 17 countries.
For more information, visit www.trimascorp.com.
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