Mativ Holdings Appoints Scott Minder as CFO Effective January 1, 2026
Mativ Holdings announced the appointment of Scott Minder as Chief Financial Officer, effective January 1, 2026. Minder will succeed Greg Weitzel, who will remain with the company through December 31, 2025. "Scott is a seasoned public company CFO with a demonstrated record of strengthening financial performance, enhancing profitability and achieving strategic objectives," said Shruti Singhal, President and CEO of Mativ. "We are thrilled to welcome Scott to Mativ and look forward to leveraging his expertise as we continue to strengthen our balance sheet, drive enhanced commercial execution and accelerate profitable growth. Scott's financial acumen and turnaround experience will make him an invaluable addition to our executive leadership team, and I am confident that under Scott's financial leadership, Mativ will continue to successfully execute our strategic priorities and deliver long-term value for our shareholders. I'd also like to thank Greg for his many years of service to our organization and his financial leadership since the merger. On behalf of the Board and the entire Mativ team, we are grateful for his significant contributions to our success, and we wish him all the best in what lies ahead."
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Mativ Holdings (MATV) Invests in Miru Smart Technologies to Accelerate eWindow Commercialization
- Collaboration Deepening: Mativ Holdings has deepened its collaboration with Miru Smart Technologies through a new equity investment aimed at accelerating the commercialization of Miru's dynamic electrochromic eWindow technology for automotive applications, transitioning the technology from validation to large-scale production.
- Production Goals: Under the strengthened partnership, Miru targets delivering 10 million square feet of eWindows by 2028, supported by Mativ's global extrusion capabilities and the integration of Argotec high-performance TPU films, ensuring compliance with stringent automotive durability and supply chain requirements.
- Technical Milestones: The companies have successfully developed one of the largest compound-curved electrochromic sunroofs in the industry and secured early commercial orders from leading glass manufacturers last year, highlighting the market potential and application prospects of their technology.
- Market Performance: MATV's shares have risen 27.2% over the past year, compared to a mere 0.1% increase in the industry, demonstrating the company's significant enhancement in technological integration capabilities and competitive strength in the electric vehicle and architectural sectors.
Mativ Appoints Scott Minder as CFO to Drive Financial Transformation
- Leadership Appointment: Mativ announced the appointment of Scott Minder as Chief Financial Officer effective January 1, 2026, succeeding Greg Weitzel, who will remain until December 31, 2025, ensuring a smooth transition.
- Extensive Experience: With over 30 years of financial leadership, Minder has successfully executed financial turnarounds at companies like Hyster-Yale, significantly reducing leverage and enhancing profitability, laying a solid foundation for Mativ's future.
- Strategic Alignment: Mativ's CEO, Shruti Singhal, highlighted that Minder's financial expertise will help strengthen the balance sheet and enhance commercial execution, accelerating profitable growth and increasing shareholder value.
- Transformational Opportunity: Minder expressed excitement about Mativ's turnaround efforts and looks forward to providing financial leadership during the company's next growth phase, further driving success in a complex market environment.
