Graham Corp announces CEO succession; Thoren to Executive Chairman, Malone to become CEO in June 2025

GRAHAM CORP

Daniel J. Thoren transitions from CEO to Executive Chairman effective June 10, 2025; will remain as strategic advisor.
Matthew J. Malone appointed President & COO effective Feb 5, 2025; expected to assume CEO role on June 10, 2025.
Michael E. Dixon promoted to General Manager of Barber-Nichols, reporting to Malone, effective Feb 5, 2025.
Company reiterates sales and Adjusted EBITDA guidance provided on Nov 8, 2024.
Fiscal Q3 2025 earnings call scheduled for Feb 7, 2025; no results reported in this filing.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Daniel J. Thoren

Executive Chairman

GHM · GRAHAM CORP

Effective: 2025-06-10
Filed: February 6, 2025, 6:59 PM ET

Pursuant to the Thoren Employment Agreement, Mr. Thoren will continue to serve as Chief Executive Officer of the Company through the close of business on June 9, 2025 after which Mr. Thoren will transition to Executive Chairman effective as of June 10, 2025.

Role change

Matthew Malone

President and Chief Executive Officer

GHM · GRAHAM CORP

Effective: 2025-06-10
Filed: February 6, 2025, 6:59 PM ET

Effective June 10, 2025, Mr. Malone shall be employed as the Company’s President and Chief Executive Officer (the “CEO Period”).

Appointed

Matthew Malone

President and Chief Operating Officer

GHM · GRAHAM CORP

Effective: 2025-02-05
Filed: February 6, 2025, 6:59 PM ET

Pursuant to the Malone Employment Agreement, Mr. Malone will serve as President and Chief Operating Officer of the Company effective February 5, 2025 through the close of business on June 9, 2025 (the “COO Period”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Daniel J. Thoren changed role as Executive Chairman at GRAHAM CORP.

Action: transition
Role: Executive Chairman

Exact text from the filing

Pursuant to the Thoren Employment Agreement, Mr. Thoren will continue to serve as Chief Executive Officer of the Company through the close of business on June 9, 2025 after which Mr. Thoren will transition to Executive Chairman effective as of June 10, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Matthew Malone changed role as President and Chief Executive Officer at GRAHAM CORP.

Action: promoted
Role: President and Chief Executive Officer

Exact text from the filing

Effective June 10, 2025, Mr. Malone shall be employed as the Company’s President and Chief Executive Officer (the “CEO Period”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Matthew Malone was appointed as President and Chief Operating Officer at GRAHAM CORP.

Action: appointed
Role: President and Chief Operating Officer

Exact text from the filing

Pursuant to the Malone Employment Agreement, Mr. Malone will serve as President and Chief Operating Officer of the Company effective February 5, 2025 through the close of business on June 9, 2025 (the “COO Period”).

View on SEC.gov

GRAHAM CORP filing history →

Source: SEC EDGAR

accession 0001193125-25-021340

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