Highest-materiality recent filing
MSA Safety completes $555M acquisition of Autronica Fire and Security
Acquisition valued at ~$555M; Autronica reported ~$160M in 2025 sales.
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.
MSA Safety Q1 2024: sales $413M (+4% YoY), adjusted EPS $1.61 (+18%), margin expands
Net sales $413M (+4% YoY); GAAP diluted EPS $1.47 vs (3.83) loss last year.
MSA Safety discloses separation terms for former SVP Bob W. Leenen
Leenen receives six months garden leave with base salary and benefits; equity vesting through Aug 31, 2024.
Director John T. Ryan III to retire from MSA Safety board at May 2024 annual meeting
John T. Ryan III, grandson of co-founder, will not seek re-election; his term ends at May 2024 shareholder meeting.
MSA Safety elects Steve Blanco CEO effective May 10, 2024; Vartanian retires as CEO
Steve Blanco, 57, currently President and COO, to succeed Nish Vartanian as CEO effective May 10, 2024.
MSA Safety Q4 net sales $495M (+12% YoY); adj. EPS $2.06; mid-single-digit 2024 growth guidance
Q4 GAAP EPS $1.93; adjusted EPS $2.06 (+14% YoY); full-year adj. EPS $7.03 (+24%).
MSA Safety announces departure of executive Bob W. Leenen effective Feb 9, 2024
Bob W. Leenen left the Company effective February 9, 2024.
MSA Safety amends bylaws to update shareholder proposal procedures and meeting scheduling
Board adopted Amended and Restated By-Laws effective Oct 27, 2023.
MSA Safety Q3 net sales $447M (+17% YoY), diluted EPS $1.65, raises FY sales outlook to mid-teens
Net sales $447M (+17% YoY); GAAP op income $94M (21.1% of sales); adj op income $101M (22.7% of sales).
MSA Q2 net sales $447M (+20% YoY); raises FY sales outlook to low double-digits
Net sales $447M (+20% YoY); GAAP EPS $1.70; adjusted EPS $1.83 (+42% YoY on adjusted basis).
MSA Safety issues $50M of 5.25% Series B Senior Notes due 2028, repays revolver
Issued $50M of 5.25% Series B Senior Notes due July 1, 2028; interest payable semi-annually.
MSA Safety promotes Sciullo to President Americas; Roda to Chief Legal Officer
Stephanie L. Sciullo promoted to President, MSA Americas, succeeding Steve Blanco who became President and COO.
MSA Safety elects Steve Blanco as President and COO, effective June 1
Blanco, previously President Americas, promoted to President and COO; Nish Vartanian remains Chairman and CEO.
MSA Safety shareholders elect directors, approve 2023 equity plan and auditor at annual meeting
Diane M. Pearse, William M. Lambert and Nishan J. Vartanian elected directors with 32.4M, 29.9M, 32.0M votes for respectively.
MSA Safety Q1 net sales up 20% to $398M; adjusted EPS $1.36, guidance raised
Net sales of $398M, up 20% reported (22% constant currency) vs Q1 2022.
MSA Safety Q4 record sales $443M, adjusted EPS $1.80; FY record $1.53B
Record Q4 net sales of $443M (+8% reported, +11% constant currency); GAAP EPS $1.31 vs ($1.57) loss prior year.
MSA Safety completes sale of MSAC LLC, removes $211M in liabilities, records $207M estimated loss
Sold MSAC LLC to Sag Main Holdings (R&Q/Obra JV) on Jan 5, 2023; all Specified Liabilities removed from balance sheet.
MSA Safety divests subsidiary holding legacy coal dust, asbestos, silica claims for $341M
Divested subsidiary holding legacy product liability claims (coal dust, asbestos, silica) to a JV between R&Q and Obra.
MSA Safety Q3 sales $382M (+16% CC); GAAP EPS $1.14, adj. EPS $1.45; record backlog
Q3 sales $382M, up 12% reported and 16% constant currency YoY; adjusted operating income $75M (19.7% margin).
MSA Safety names Lee McChesney as SVP and CFO, succeeding interim CFO Buck
Lee McChesney appointed SVP and CFO effective Oct 17, 2022; previously VP Corp Finance at Stanley Black & Decker.
MSA Safety adjusts interim CFO Jonathan Buck's salary and equity
Jonathan Buck appointed interim CFO effective Aug 26, 2022, replacing Kenneth D. Krause.
MSA Safety CFO Ken Krause resigning Aug 26; interim CFO named
CFO Kenneth Krause resigns effective August 26, 2022, to become CFO at another public company.
MSA Safety Q2 sales $372M (+9% YoY), GAAP EPS $1.21 from $0.64, adjusted EPS $1.29 from $1.06
Total sales $372M, up 9% reported (12% constant currency); organic constant currency growth 8%, acquisitions added 4%.
Elected Robert A. Bruggeworth, Gregory B. Jordan, Rebecca B. Roberts, William R. Sperry to three-year terms; Luca Savi elected to one-year term
MSA Q1 sales +9% constant currency; adj EPS $1.10 vs $0.95 YoY
Total sales $331M (+7% reported, +9% constant currency); organic +4%, acquisitions +5%.
MSA Safety Q4 record revenue $410M, GAAP loss $1.57/sh on $160M liability charge
Record Q4 revenue $410M (+6% YoY); core product revenue +9%.
MSA Safety Q3 revenue $340M (+12%), adjusted EPS $0.94 flat YoY; GAAP EPS down 32%
Revenue $340M, +12% reported, +3% organic constant currency; core product revenue up 19% reported.
MSA Safety Q2 revenue +9% to $341M; adjusted EPS $1.06; closes $337M Bacharach deal
Revenue $341M, +9% reported; GAAP EPS $0.64; adjusted EPS $1.06.
MSA Safety files exhibits for $200M note issuance; no change to prior disclosure
Amendment No. 1 to Form 8-K solely adds Third Amended Note Purchase Agreement and Second Amended Note Facility as exhibits.
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.
In a Current Report on Form 8-K filed on February 9, 2024 (the “Prior 8-K”), MSA Safety Incorporated (the “Company”) previously reported the departure of Bob W. Leenen, Former Senior Vice President and President, MSA International.
Nishan J. Vartanian’s announcement to the Board on February 21, 2024, of his intention to retire as Chief Executive Officer in May 2024.
On February 21, 2024, the Board of Directors (the “Board”) of MSA Safety Incorporated (the “Company”) elected Steven C. Blanco as Chief Executive Officer, to be effective May 10, 2024.
The Board also elected Mr. Blanco as a director on the Board, effective immediately.
On February 9, 2024, Mr. Bob W. Leenen left the Company.
On May 30, 2023, the Board elected Mr. Steven C. Blanco as the President and Chief Operating Officer of the Company, commencing June 1, 2023.
Mr. Lee McChesney was appointed Senior Vice President and Chief Financial Officer (principal financial officer) of the Company.
Following Mr. McChesney’s appointment, Mr. Johnathan D. Buck, Interim Chief Financial Officer, will remain as the Company’s Chief Accounting Officer.
the departure of Kenneth D. Krause, Senior Vice President, Chief Financial Officer and Treasurer of the Company
the appointment of MSA Chief Accounting Officer, Jonathan D. Buck, as interim Chief Financial Officer effective August 26, 2022
Max materiality 0.85 · Median 0.65 · Most common event earnings