Matthews International(US:MATW) Globenewswireยท2025-11-19 21:15Core Insights - J. Michael Nauman has been elected as the next Chairman of Matthews International Corporation, effective after the 2026 Annual Meeting of Shareholders, succeeding Alvaro Garcia-Tunon [1][2] - Nauman brings over 35 years of experience in commercial, strategic, and financial roles, previously serving as President and CEO of Brady Corporation and Executive Vice President at Molex [2][3] - The transition in leadership is seen as pivotal for Matthews, with Nauman's technical expertise and M&A experience expected to drive sustainable growth and long-term value creation for the company [3] Company Overview - Matthews International Corporation operates through two main segments: Industrial Technologies and Memorialization, focusing on operational efficiency and long-term growth through innovation and strategic expansion [4] - The Industrial Technologies segment is a global innovator in precision technologies, while the Memorialization segment provides products such as memorials and cremation equipment to cemetery and funeral home customers [4] - The company has over 5,400 employees across 19 countries, committed to delivering high-quality products and services [4]