Lee B. McChesney
Lee B. McChesney, Senior Vice President and Chief Financial Officer of the Company, has notified the Company that he will resign effective March 21, 2025, to pursue another business opportunity.
Highest-materiality recent filing
Elected William M. Lambert, Diane M. Pearse, Nishan J. Vartanian to three-year terms; votes for ranged from 28.9M to 31.2M.
MSA Safety acquires Autronica Fire & Security for $555M cash; accretive to EPS year one
Purchase price of ~$555M in cash; funded from cash on hand and existing credit facility.
MSA Safety Q1 net sales $464M (+10%), adj. EPS $1.99 (+18%); maintains 2026 growth outlook
Net sales $463.6M (+10% GAAP, +3% organic YoY); adj. diluted EPS $1.99 vs $1.68 prior year.
MSA Safety Board authorizes $500M share repurchase program, replacing $200M prior authorization
Board approved $500M share repurchase program on Feb 20, 2026; replaces prior $200M authorization from 2024.
MSA Safety Q4 2025 adj EPS $2.38 (+6% YoY); organic sales -3% on fire service delays
Q4 net sales $511M (+2% GAAP, -3% organic); FY sales $1.875B (+4% GAAP, +1% organic).
MSA Safety SVP/President of International David Howells to retire June 30, 2026; role not replaced
David J. Howells, SVP and President of MSA International, to retire on June 30, 2026.
MSA Safety Q3 net sales $468M (+8% GAAP, +3% organic); adj. EPS $1.94
GAAP net income $69.6M ($1.77 diluted EPS); adjusted earnings $76.2M ($1.94 adjusted diluted EPS).
MSA Safety names Julie A. Beck as CFO; effective August 18, 2025
Julie A. Beck appointed SVP, CFO and Treasurer, effective August 18, 2025.
GAAP net income $63M ($1.59 diluted EPS) vs $72M ($1.83) in Q2 2024; adjusted net income $76M ($1.93) vs $80M ($2.01).
MSA Safety shareholders elect three directors, approve auditor and say-on-pay at May 13 meeting
Robert A. Bruggeworth elected with 28,296,799 for and 6,466,911 against; Gregory B. Jordan and William R. Sperry each received ~33.2M for.
MSA Safety acquires M&C TechGroup for ~$200M; expects accretion to adjusted earnings in 2025
Acquisition of M&C TechGroup (Ratingen, Germany) valued at ~$200M; ~$55M annual revenue.
MSA Safety Q1 adjusted EPS $1.68 (+4% YoY); maintains 2025 organic growth outlook
Net sales $421.3M (+2% GAAP, +4% organic YoY); GAAP diluted EPS $1.51; adjusted diluted EPS $1.68.
MSA Safety enters new $1.3B revolving credit facility due 2030
New $1.3B unsecured revolving credit facility replaces prior 2021 facility; maturity extended to April 1, 2030.
CFO Lee McChesney resigns effective March 21, 2025; Elyse Brody named interim CFO
Lee McChesney steps down as CFO effective March 21, 2025 to take similar role at another public company.
MSA Safety Reports Q4 2024 Net Sales of $500M, EPS of $2.22; Full Year EPS $7.21
Q4 2024 net sales $500M, up 1% GAAP and 2% organic year-over-year; GAAP operating income $118M (23.5% of sales).
MSA Safety Q3: revenue $433M (-3% YoY), adj. EPS $1.83, orders up high-single digits
Net sales $433M, down 3% YoY; GAAP EPS $1.69, adjusted EPS $1.83 (+3% YoY).
MSA Safety Q2 net sales $462M (+3% YoY); adj. EPS $2.01, +10% YoY
GAAP operating income $100M (21.6% margin); adjusted operating income $108M (23.4% margin).
MSA Safety promotes David Howells to President of International segment
David J. Howells promoted to President, MSA International, leading operations in Europe, Middle East, Africa, and Asia.
MSA Safety shareholders elect three directors; all proposals pass at annual meeting
Steven C. Blanco, Sandra Phillips Rogers, Luca Savi elected to three-year terms; votes for each exceeded 32.5M.
MSA Safety elects Nish Vartanian Non-Executive Chairman; Steve Blanco becomes CEO
Nish Vartanian elected Non-Executive Chairman; retires as CEO at end of May.
MSA Safety authorizes new $200M share repurchase program, replacing $100M plan
Board approved repurchases of up to $200M of common stock, no termination date set.
Lee B. McChesney, Senior Vice President and Chief Financial Officer of the Company, has notified the Company that he will resign effective March 21, 2025, to pursue another business opportunity.
the Company’s Executive Director of Financial Planning and Analysis and Strategy, Elyse L. Brody, will act as interim Chief Financial Officer effective March 21, 2025, in addition to her current role with the Company.
Max materiality 0.80 · Median 0.65 · Most common event earnings