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MISTRAS Group Appoints Natalia Shuman as President and Chief Executive Officer
MGMistras (MG) GlobeNewswire News Room·2024-12-05 22:00

Core Insights - MISTRAS Group, Inc. has appointed Natalia Shuman as the new President and CEO, effective January 1, 2025, succeeding Manuel N. Stamatakis [1][3][5] Leadership Transition - Natalia Shuman brings over 20 years of leadership experience in the Testing, Inspection, and Certification (TIC) industry, having previously held executive roles at Eurofins Scientific and Bureau Veritas [2][6][7] - Manuel N. Stamatakis will continue as Executive Chairman of the Board, providing strategic oversight and support to the new CEO [3][4] Strategic Vision - The Board of Directors believes that Shuman's extensive experience and leadership will drive MISTRAS Group towards profitable growth and sustainable improvement in shareholder value [5] - Shuman expressed her commitment to building on the strong foundation established by the company and driving meaningful value for stakeholders [5] Company Overview - MISTRAS Group is a leading multinational provider of integrated technology-enabled asset protection solutions, focusing on maximizing safety and operational uptime for critical industrial and civil assets [10][11] - The company supports various industries, including oil and gas, aerospace and defense, renewable and nonrenewable power, civil infrastructure, and manufacturing [11][12]