Activist Client Engaged Capital Gains Board Representation at TriMas Corporation

The Deal and other media sources reported that Olshan activist client, Engaged Capital, has reached a settlement agreement with TriMas Corporation. Under the agreement, Engaged Capital’s nominee, Herbert Parker, joined the Board of TriMas effective immediately. In addition, Glenn Welling, Founder and CIO of Engaged Capital, will have the option of joining the Board of TriMas in 2016. Steve Wolosky and Ryan Nebel represent Engaged Capital in connection with its investment in TriMas.