Materion Corp appoints new Chief Accounting Officer

Materion Corporation (NYSE:MTRN), a leader in metal forging and stampings with annual revenues of $1.72 billion, announced on Monday, May 20, 2025, the appointment of Melissa A. Fashinpaur as Chief Accounting Officer, effective June 1, 2025. This announcement was made public through an 8-K filing with the Securities and Exchange Commission today. According to InvestingPro data, the company maintains strong liquidity with a current ratio of 2.84x, indicating robust financial management.

Fashinpaur, 46, takes over the role of principal accounting officer from Shelly M. Chadwick, the company’s current Chief Financial Officer. Fashinpaur’s appointment comes after a tenure as Vice President, Internal Audit since August 2022, with her responsibilities expanding to include Compliance leadership in 2023.

Prior to her time at Materion, Fashinpaur served as a Principal in the Technology Risk practice at Ernst & Young LLP since 2016, having joined the firm in 2001. She brings a wealth of experience, having held various roles of increasing responsibility over her career. Fashinpaur is a graduate of Miami University, where she earned her bachelor’s degree in management information systems and finance.

As part of her compensation package, Fashinpaur will receive an annual base salary and be eligible for participation in the company’s compensation and benefit programs. These include annual and long-term incentive plans, health and life insurance, retirement and severance benefits plans, aligning her interests with those of the company and its shareholders. The appointment comes at a time when InvestingPro analysis shows Materion has maintained dividend payments for 14 consecutive years, with analysts projecting continued profitability for the current fiscal year.

Materion Corporation, headquartered in Mayfield Heights, Ohio, is registered under the Central Index Key number 0001104657. The company’s common stock is traded on the New York Stock Exchange under the trading symbol MTRN. With a market capitalization of $1.6 billion, the stock has experienced significant volatility, currently trading at $76.74, down about 34% over the past six months. For detailed analysis and additional insights, investors can access comprehensive research reports and financial metrics through InvestingPro’s extensive database of over 1,400 US stocks.

The information disclosed in this article is based on the company’s recent SEC filing.

In other recent news, Materion Corporation reported robust financial results for the first quarter of 2025, exceeding analysts’ expectations. The company posted an adjusted earnings per share (EPS) of $1.13, surpassing the forecasted $1.05, and revenue reached $420.3 million, above the anticipated $395.2 million. Despite this strong performance, KeyBanc Capital Markets downgraded Materion’s stock rating from Overweight to Sector Weight, citing concerns over reduced earnings estimates for 2025 and 2026 due to ongoing tariffs on China.

Additionally, Materion’s shareholders approved a new 2025 Equity and Incentive Compensation Plan, replacing previous plans and allowing for various compensatory awards. This move aims to align the interests of non-employee directors, officers, and key employees with the company’s long-term success. The plan permits up to 965,000 common shares for awards, with specific limits on compensation for non-employee board members.

Furthermore, Materion announced an increase in its quarterly dividend to $0.14 per share for the second quarter of 2025, reflecting the company’s financial stability and commitment to shareholder value. This dividend will be payable on June 13, 2025, to shareholders of record as of May 29, 2025. These developments underscore Materion’s strategic focus on growth and its proactive approach to navigating market challenges.

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