TriMas Announces Brian McGuire To Retire as President of Aerospace and Defense Businesses; David Adler To Be President
BLOOMFIELD HILLS, Mich., Feb. 14, 2012 /PRNewswire/ — TriMas Corporation (NASDAQ: TRS) – a diversified manufacturer of engineered and applied products – announced today the transition of leadership within its Aerospace and Defense business segment. Brian McGuire, president of Monogram Aerospace Fasteners and NI Industries, announced he will retire as president of Monogram, effective March 31, 2012, and remain president of NI Industries until July 1, 2012. After July 1, McGuire will remain a part of the Monogram team focused on several key projects. David Adler, currently chief operating officer of Monogram, will succeed McGuire as president of both businesses. Adler will report directly to TriMas President and Chief Executive Officer David Wathen.
Monogram is a manufacturer of permanent blind bolts, screws and temporary fasteners used in commercial, business and military aircraft construction and assembly. NI Industries manufactures a variety of munitions components, including large caliber cartridge cases, for the U.S. government, as well as domestic and foreign prime contractors.
“We thank Brian for his leadership and guidance over several TriMas businesses during the last 10 years. We are fortunate he is staying with us to oversee other projects,” said Wathen. “We are pleased David has accepted the appointment as president. His extensive career experience and leadership will enable him to lead one of our top growth platforms into the future.”
McGuire was appointed to his current role in 2008 after spending seven years as president of Norris Cylinder, also a TriMas business. Prior to joining TriMas, McGuire held international program management, manufacturing engineering and general management positions within Lucas Aerospace and Luxfer Gas Cylinders.
Adler was hired as Monogram’s chief operating officer in January 2011. He has more than 30 years experience in the aerospace and automotive industries. Prior to joining Monogram, Adler served as the general manager of Beacon Industries, a supplier of precision aerospace machining, where he was responsible for all aspects of the business, including strategic planning, development and execution, and operational performance. During his time there, he expanded the company’s global footprint, cut lead time by more than half, significantly decreased inventory on hand and increased operating profit to three to four times that of industry peers.
Adler is a graduate of Purdue University with a Bachelor of Science in Industrial Engineering and Industrial Management.
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 Asia Pacific and Cequent North America. TriMas has approximately 4,100 employees at more than 60 different facilities in 15 countries. For more information, visit www.trimascorp.com.
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SOURCE TriMas Corporation