Thomas Amato is the CEO of TriMas Corporation, a role he's held since 2016. With an impressive background, Amato spent over 25 years in various leadership positions at multibillion-dollar companies, including Metaldyne, where he helped it become a public company....

Thomas Amato is the CEO of TriMas Corporation, a role he's held since 2016. With an impressive background, Amato spent over 25 years in various leadership positions at multibillion-dollar companies, including Metaldyne, where he helped it become a public company. He holds an MBA from the University of Michigan and a Bachelor of Science in Chemical Engineering from Wayne State University. Under Amato's guidance, TriMas had a notable focus on performance metrics linked to operating profit and cash flow, although he faced challenges in meeting these targets in recent years. His total compensation was around $777,797 in 2023, showing a major drop from 2022 due to unmet performance metrics. Interestingly, Amato has seen his personal holdings fluctuate significantly, with notable insider trading activity ranging from $4.15 million down to around $3.74 million during certain periods. He is dedicated to aligning executive pay with shareholder interests, striving to create an effective compensation structure. Beyond just numbers and metrics, Amato's experience and leadership style shape the future direction of TriMas Corporation.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Trimas CEOs

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Thomas Amato

CEO of Trimas

Education

MBA in Finance from the University of Michigan, BS in Chemical Engineering from Wayne State University.

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Consumer Cyclical

Born

May 20, 1964 - 61 years ago

CEO of Trimas for

8 years 10 months (Jul 2016 - Present)

Previous Experience

CEO and President of Metaldyne, LLC.

Rivals

Competitors/colleagues of Thomas Amato

Holdings

See how much did Thomas Amato make over time.

Thomas Amato's stock holdings have shown considerable fluctuations over the years. In late 2019, his holdings were valued at about $4.15 million. However, as 2020 progressed, there were times when they dipped to around $3.74 million, showcasing the volatility in...

Thomas Amato's stock holdings have shown considerable fluctuations over the years. In late 2019, his holdings were valued at about $4.15 million. However, as 2020 progressed, there were times when they dipped to around $3.74 million, showcasing the volatility in the market and his decision-making in trading. By early 2021, these holdings increased, peaking around $7.31 million in March. This peak came during a significant period for TriMas, reflecting investor confidence and possibly his leadership. Over the last few years, his holdings have consistently been above $8 million, even reaching $10 million in mid-2024. This trajectory suggests a strong belief in the company's future, despite the ups and downs. Comparing recent numbers, as of October 2023, his holdings hovered around $8.08 million, indicating both a strategic approach to investments and a response to the broader market environment.

Mar 18, 2025

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shares

TRS @ $25.05

Total Stock Sold

$3.21M

TRS

$3.21M

98,579 TRS shares

What if they kept their stock?

If Thomas Amato didn't sell their stock, today they would have:
Extra TRS98,579 shares worth $2.42M.
This is -24.87% and $799.29K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Thomas Amato.

TRS

24,844 shares

TRS

Mar 14, 2025

Received

TRS

$258.25K

TRS at $25.83/share

Nov 15, 2024

Purchase

TRS

50,447 shares

TRS

Mar 14, 2024

Received

TRS

$236.24K

TRS at $23.62/share

Mar 1, 2024

Purchase

TRS

75,623 shares

TRS

Mar 11, 2023

Received

TRS

$111.35K

TRS at $22.27/share

Oct 28, 2022

Purchase

TRS

25,373 shares

TRS

Apr 29, 2022

Received

TRS

45,117 shares

TRS

Mar 11, 2022

Received

TRS

$700.80K

TRS at $37.05/share

Nov 9, 2021

Sale

TRS

$4.64K

TRS at $37.08/share

Nov 5, 2021

Sale

Compensation History

See how much did Thomas Amato make over time.

In 2023, Thomas Amato's total compensation was reported at $777,797, which marks a significant decrease from the previous year's compensation of over $4.4 million. This drop came after performance metrics tied to his bonuses and stock grants were not met, leading to no short-term incentives being awarded. In past years, he enjoyed a robust compensation package, which often included considerable stock-based awards and bonuses tied to the company's performance. For instance, in 2022, he vested in stock valued at over $2 million. This pay structure emphasizes his alignment with the company’s performance; when the company does well, he benefits significantly. However, recent results highlight the challenges of tying compensation strictly to performance outcomes, particularly when external market conditions may vary.

Year

2023

Total Compensation

$777.80K

Salary

$750.00K

Board Justification

The compensation philosophy emphasizes pay for performance, aligning executive compensation with shareholder interests, and attracting and retaining key leaders.

Bonus

$0.00

Board Justification

No short-term incentive payout was earned for 2023 due to performance metrics not being met.

Other

$27.80K

Board Justification

Includes company contributions to retirement and 401(k) plans.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the performance metrics for the 2021 PSU awards were not met, resulting in forfeiture.

Performance Metrics

The performance metrics for 2023 included operating profit and cash flow, but the targets were not met.

Other Trimas CEOs

Here are other CEOs of Trimas

David M. Wathen

Ex-CEO of Trimas

January 2009 - July 2016