Business Context and Reporting Period
This Form 8-K Current Report was filed by Materion Corporation on May 20, 2025. The filing discloses a change in the Company's senior management structure regarding the appointment of a new Chief Accounting Officer.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
- Appointment of Chief Accounting Officer: Melissa A. Fashinpaur was appointed as Chief Accounting Officer, effective June 1, 2025.
- Role Transition: Ms. Fashinpaur assumes the role of principal accounting officer, a position previously held by Shelly M. Chadwick, the Chief Financial Officer.
- Reporting Structure: Ms. Fashinpaur will report directly to Ms. Chadwick.
Management Commentary and Background
Executive Background: Ms. Fashinpaur, age 46, joined Materion in August 2022 as Vice President, Internal Audit. Her responsibilities were expanded to include Compliance leadership in 2023. Prior to joining the Company, she served as a Principal in the Technology Risk practice at Ernst & Young LLP since 2016, having joined the firm in 2001. She holds a bachelor's degree in management information systems and finance from Miami University.
Compensation: As Chief Accounting Officer, Ms. Fashinpaur receives an annual base salary and is eligible to participate in the Company's annual and long-term incentive plans, as well as health, life insurance, retirement, and severance benefit plans.
Investor Verification Checklist
- Verify the effective date of the new Chief Accounting Officer (June 1, 2025).
- Confirm the reporting line to the Chief Financial Officer, Shelly M. Chadwick.
- Review the Company's next quarterly report (10-Q) for any financial impact related to this leadership transition.
- Note that no financial metrics or guidance were disclosed in this specific filing.