STOCK TITAN

Mattr Appoints New Director

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Mattr (MTTRF) appointed Michael Lucas as a director effective June 1, 2026. He will serve on the Audit and Compensation & Organizational Development committees.

Lucas brings 25+ years of global industrial and manufacturing leadership, including CEO roles at RegO Products and Powell Industries and senior positions at Emerson Electric.

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AI-generated analysis. Not financial advice.

Positive

  • Appointment of experienced director with 25+ years in industrial technology
  • New director to serve on Audit and Compensation & Organizational Development Committees
  • Background includes CEO roles at RegO Products and Powell Industries
  • Experience leading turnaround, sale, and integration of RegO into Dover Corporation
  • Leadership of Dover’s Clean Energy platform after acquisition
  • Prior public company board experience at Team Industrial Services from 2015–2021

Negative

  • None.

News Market Reaction – MTTRF

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1 alert
+1.01% News Effect

On the day this news was published, MTTRF gained 1.01%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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TORONTO, June 01, 2026 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced the appointment of Michael Lucas as a director of the Company effective June 1, 2026. Mr. Lucas will serve on both the Audit and Compensation & Organizational Development Committees of Mattr.

Mr. Lucas is an accomplished executive leader with more than 25 years of experience in complex global manufacturing and industrial technology businesses. His expertise includes corporate strategy, operational transformation, commercial development, and M&A integration across a broad range of end markets, including oil and gas, clean energy, utilities, transportation, telecommunications, industrial equipment, and food & beverage.

Most recently, Mr. Lucas served as President and Chief Executive Officer of RegO Products from 2015 to 2021, a private equity-sponsored flow control products company. During his tenure, he led the business through a successful turnaround, sale, and integration into Dover Corporation. Following the acquisition, he led Dover’s Clean Energy platform which included additional platform and bolt-on acquisitions.

Prior to RegO Products, Mr. Lucas served as President, Chief Executive Officer, and Director of Powell Industries, a NASDAQ-listed manufacturer of medium-voltage electrical equipment headquartered in Houston, Texas. He also served on the public company Board of Directors of Team Industrial Services from 2015 to 2021.

Additionally, Mr. Lucas held several senior leadership roles with Emerson Electric in both the United States and Europe, including Divisional President positions within the Energy Systems, Connectivity Solutions, Sola/Hevi-Duty Power, and Remote Automation Solutions businesses.

Mr. Lucas holds a Bachelor of Science degree in Electrical Engineering from Bradley University and an MBA from University of Chicago Booth School of Business.

About Mattr

Mattr is a growth-oriented, global materials technology company serving critical infrastructure markets, including electrification, transportation, mining, energy, communication, and water management. Its two business segments, Connection Technologies and Composite Technologies, enable responsible renewal and enhancement of critical infrastructure.

For further information, please contact:

Meghan MacEachern
VP, Investor Relations & External Communications
Telephone: 437.341.1848
Email: meghan.maceachern@mattr.com
Website: www.mattr.com

Source: Mattr Corp.


FAQ

What board change did Mattr (MTTRF) announce on June 1, 2026?

Mattr announced the appointment of Michael Lucas as a director effective June 1, 2026. According to Mattr, he will also join the Audit and Compensation & Organizational Development Committees, strengthening board oversight across finance, governance, and human capital.

Who is Michael Lucas, the new director appointed by Mattr (MTTRF)?

Michael Lucas is an executive leader with over 25 years in global manufacturing and industrial technology. According to Mattr, his expertise spans corporate strategy, operational transformation, commercial development, and M&A integration across sectors such as energy, utilities, transportation, and telecommunications.

What prior CEO experience does Mattr director Michael Lucas bring to the board?

Michael Lucas previously served as President and Chief Executive Officer of RegO Products from 2015 to 2021. According to Mattr, he led a business turnaround, its sale, and integration into Dover, then led Dover’s Clean Energy platform with further acquisitions.

How does Michael Lucas’s board and public company background support Mattr (MTTRF)?

Michael Lucas served as President, CEO, and Director of Powell Industries, a NASDAQ-listed manufacturer. According to Mattr, he also sat on Team Industrial Services’ board from 2015 to 2021, bringing governance and public company experience to Mattr’s board.

What committee roles will Michael Lucas hold on Mattr’s board?

Michael Lucas will serve on Mattr’s Audit and Compensation & Organizational Development Committees. According to Mattr, these assignments position him to contribute to financial oversight, executive compensation decisions, and broader organizational development strategy for the company.

What industry and functional expertise does Mattr’s new director Michael Lucas have?

Michael Lucas has experience across oil and gas, clean energy, utilities, transportation, telecommunications, industrial equipment, and food and beverage. According to Mattr, his skills include corporate strategy, operational transformation, commercial development, and M&A integration in complex global businesses.

What is Mattr’s core business focus for investors in MTTRF?

Mattr is a growth-focused global materials technology company serving critical infrastructure markets. According to Mattr, its Connection Technologies and Composite Technologies segments support electrification, transportation, mining, energy, communication, and water management through solutions for renewing and enhancing critical infrastructure.