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CompoSecure Announces CFO Retirement; Reaffirms Previously Issued Full Year 2025 Guidance
Globenewswire· 2025-06-11 13:15
Core Points - CompoSecure, Inc. announced the retirement of its Chief Financial Officer, Tim Fitzsimmons, after over 13 years of service, with a successor expected to be named in the second half of 2025, no later than January 1, 2026 [1][6] - Tim Fitzsimmons will serve as a consultant to ensure a smooth transition until January 1, 2027 [1][6] - The company reaffirms its full year 2025 guidance, projecting mid-single digit growth in both Consolidated Net Sales and Pro Forma Adjusted EBITDA [3][6] Company Leadership Transition - Jon Wilk, President and CEO, acknowledged Tim Fitzsimmons' significant contributions, including supporting critical corporate transactions and building a strong lending group for debt financing [2] - Fitzsimmons expressed gratitude for the opportunity to lead the Finance and IT teams and emphasized the transformation of CompoSecure from a family-owned business to a publicly traded company [2] - Executive Chairman Dave Cote highlighted Fitzsimmons' lasting impact on the company and his central role in building the foundation of the business [2] Financial Guidance - CompoSecure's guidance for 2025 includes the payment of the Resolute Holdings management fee on a pro forma basis for 2024 and 2025 [3]
CompoSecure Schedules First Quarter 2025 Conference Call for May 12th at 5:00 p.m. ET
GlobeNewswire News Room· 2025-04-29 12:30
Core Viewpoint - CompoSecure, Inc. will host a conference call on May 12, 2025, to discuss its financial results for Q1 2025, which ended on March 31, 2025 [1] Group 1: Conference Call Details - The conference call is scheduled for May 12, 2025, at 5:00 p.m. Eastern Daylight Time (EDT) [2] - Participants are encouraged to register at least 15 minutes prior to the start time [2] - A live webcast will be available on the company's investor relations website [3] Group 2: Company Overview - CompoSecure, founded in 2000, specializes in metal payment cards, security, and authentication solutions [4] - The company aims to provide trust and exceptional experiences for consumers and fintech partners globally [4] - CompoSecure's technology combines elegance, simplicity, and security, enhancing the use of financial and digital assets [4]