Matthews International Announces Board Chair Transition
Matthews International (NASDAQ: MATW) announced that its Board has unanimously elected J. Michael Nauman to succeed Alvaro Garcia-Tunon as Board Chairman, effective following the 2026 Annual Meeting of Shareholders. Nauman, first elected to the Matthews Board at the 2025 annual meeting, brings over 35 years of commercial, strategic, and financial experience, including roles as CEO of Brady Corporation and EVP at Molex. Garcia-Tunon will retire from the Board when his term expires at the 2026 meeting after serving as Chair since 2022 and as a director for the past 15 years. Company leadership praised both directors' contributions and noted the transition aligns with Matthews’ ongoing transformation efforts.
Matthews International (NASDAQ: MATW) ha annunciato che il suo Consiglio di Amministrazione ha eletto all'unanimità J. Michael Nauman per succedere a Alvaro Garcia-Tunon come Presidente del Consiglio, con effetto dopo l'Assemblea annuale degli azionisti 2026. Nauman, eletto per la prima volta nel Consiglio Matthews nell’assemblea annuale del 2025, porta oltre 35 anni di esperienza commerciale, strategica e finanziaria, tra cui ruoli di CEO di Brady Corporation e EVP presso Molex. Garcia-Tunon si ritirerà dal Consiglio quando scadrà il suo mandato nell’assemblea del 2026, dopo aver ricoperto la carica di Presidente dal 2022 e come amministratore negli ultimi 15 anni. La dirigenza dell’azienda ha elogiato i contributi di entrambi i dirigenti e ha osservato che la transizione rispecchia i continui sforzi di trasformazione di Matthews.
Matthews International (NASDAQ: MATW) anunció que su Junta Directiva ha elegido por unanimidad a J. Michael Nauman para suceder a Alvaro Garcia-Tunon como Presidente de la Junta, con efecto tras la Reunión Anual de Accionistas de 2026. Nauman, elegido por primera vez para la Junta de Matthews en la reunión anual de 2025, aporta más de 35 años de experiencia comercial, estratégica y financiera, incluyendo cargos como CEO de Brady Corporation y EVP en Molex. Garcia-Tunon se retirará de la Junta cuando expire su mandato en la reunión de 2026, después de haber servido como Presidente desde 2022 y como director durante los últimos 15 años. La dirección elogió las contribuciones de ambos directores y señaló que la transición está en línea con los esfuerzos de transformación en curso de Matthews.
Matthews International (NASDAQ: MATW) 이사회는 만장일치로 J. Michael Nauman을(를) Alvaro Garcia-Tunon의 후계자로 선임해 이사회 의장으로 선출했고, 효과는 2026년 주주총회 이후부터 발효됩니다. 2025년 연차총회에서 처음 Matthews 이사회에 선출된 Nauman은 35년이 넘는 상업적, 전략적, 재무적 경험을 보유하고 있으며 Brady Corporation의 CEO 및 Molex의 EVP로도 재직한 바 있습니다. Garcia-Tunon은 2026년 총회에서 임기가 만료될 때 이사회에서 은퇴할 것이며 2022년부터 의장을 역임했고 지난 15년간 이사로 활동해 왔습니다. 회사 경영진은 두 이사의 공로를 칭찬했고 이번 전환이 Matthews의 지속적인 변화 노력과 일치한다고 밝혔습니다.
Matthews International (NASDAQ: MATW) a annoncé que son Conseil d'administration a élu à l'unanimité J. Michael Nauman pour succéder à Alvaro Garcia-Tunon en tant que Président du Conseil, à compter de la Assemblée générale annuelle 2026. Nauman, élu pour la première fois au Conseil de Matthews lors de l’assemblée annuelle de 2025, apporte plus de 35 ans d'expérience commerciale, stratégique et financière, notamment en tant que PDG de Brady Corporation et EVP chez Molex. Garcia-Tunon se retirera du Conseil lorsque son mandat expirera à l’assemblée de 2026 après avoir occupé la fonction de Président depuis 2022 et été administrateur ces 15 dernières années. La direction de l'entreprise a salué les contributions des deux administrateurs et a noté que cette transition s'inscrit dans les efforts de transformation en cours chez Matthews.
Matthews International (NASDAQ: MATW) gab bekannt, dass der Vorstand einstimmig J. Michael Nauman gewählt hat, um Alvaro Garcia-Tunon als Vorsitzenden des Vorstands nachzufolgen, mit Wirkung nach der Jahreshauptversammlung der Aktionäre 2026. Nauman, der erstmals bei der Jahreshauptversammlung 2025 in den Vorstand von Matthews gewählt wurde, bringt über 35 Jahre geschäftliche, strategische und finanzielle Erfahrung mit, darunter Positionen als CEO von Brady Corporation und EVP bei Molex. Garcia-Tunon wird aus dem Vorstand ausscheiden, wenn seine Amtszeit auf der Versammlung 2026 abläuft, nachdem er seit 2022 Vorsitzender war und in den letzten 15 Jahren Direktor war. Die Führung des Unternehmens lobte die Beiträge beider Direktoren und stellte fest, dass der Übergang im Einklang mit Matthews' laufenden Transformationsbemühungen steht.
Matthews International (NASDAQ: MATW) أعلنت أن مجلس إدارتها قد انتخب بالإجماع J. Michael Nauman ليخلف Alvaro Garcia-Tunon كرئيس مجلس الإدارة، اعتباراً من اجتماع المساهمين السنوي 2026. Nauman، الذي انتُخب لأول مرة في مجلس Matthews في اجتماع عام 2025، يجلب أكثر من 35 عاماً من الخبرة التجارية والاستراتيجية والمالية، بما في ذلك مناصب كـ CEO لشركة Brady Corporation ونائب الرئيس التنفيذي في Molex. سيتقاعد Garcia-Tunon من المجلس عندما ينتهي فترته في اجتماع 2026 بعد أن شغل منصب رئيس منذ 2022 وكمدير خلال السنوات الـ15 الماضية. أشاد قادة الشركة بمساهمات كلا المديرين وأشاروا إلى أن الانتقال يتماشى مع جهود Matthews المستمرة للتحول.
- Chair succession scheduled after 2026 Annual Meeting
- Nauman has 35+ years of relevant executive experience
- Board support — Nauman received highest nominee support in 2025
- Board turnover as outgoing chair retires at 2026 meeting
J. Michael Nauman will succeed Alvaro Garcia-Tunon as Chairman following upcoming annual shareholder meeting
Nauman brings over 35 years of specialty products and technical expertise
PITTSBURGH, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that its Board of Directors has unanimously elected J. Michael Nauman to serve as the next Chairman of the Board, effective following the 2026 Annual Meeting of Shareholders. Mr. Nauman will succeed Alvaro Garcia-Tunon, who has served as Chair since 2022 and will retire from the Board when his term expires at the Annual Meeting.
Mr. Nauman is a highly experienced executive with over 35 years of commercial, strategic, and financial expertise. Mr. Nauman was first elected to the Matthews Board at the 2025 Annual Meeting of Shareholders, where he received the highest level of support among all nominees. He previously served as President, Chief Executive Officer, and Director of Brady Corporation, a provider of identification and safety products, and as Executive Vice President of the Integrated Products Division at Molex overseeing global operations across multiple end markets.
“Michael has been a highly engaged director since joining the Board earlier this year,” said outgoing Chairman Alvaro Garcia-Tunon. “He has shown the strong independent oversight, deep business understanding, and relevant expertise that will make him an exceptional Chairman of the Board. I am very pleased that he will be my successor.”
“At this pivotal moment of transformation for Matthews, Michael has brought incredible technical expertise, M&A experience, and leadership abilities, together with fresh perspectives, to the Board,” said Joe Bartolacci, President and CEO of Matthews. “Michael has earned the respect of all Board members and members of management, and I look forward to continuing to work alongside him and our fellow Board members as we further position Matthews for sustainable growth and long-term value creation.”
Mr. Bartolacci continued, “We are grateful to Alvaro for his outstanding leadership as both a Board member and as Chairman. His strategic insight and guidance have been invaluable over the past 15 years, and he has helped guide the Company through several pivotal milestones. We wish him all the best in his retirement.”
About Matthews International Corporation
Matthews International Corporation operates through two core global businesses – Industrial Technologies and Memorialization. Both are focused on driving operational efficiency and long-term growth through continuous innovation and strategic expansion. The Industrial Technologies segment evolved from our original marking business, which today is a leading global innovator committed to empowering visionaries to transform industries through the application of precision technologies and intelligent processes. The Memorialization segment is a leading provider of memorialization products, including memorials, caskets and cremation and incineration equipment, primarily to cemetery and funeral home customers that help families move from grief to remembrance. In addition, the Company also has a significant investment in Propelis, a brand solutions business formed through the merger of SGK and SGS & Co. Propelis delivers integrated solutions including brand creative, packaging, print solutions, branded environments, and content production. Matthews International has over 5,400 employees in 19 countries on four continents that are committed to delivering the highest quality products and services.
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FAQ
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