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Matthews International Announces Retirement Plans of CFO and Appointment of Successor

Matthews International Corporation (MATW) | August 19, 2025

By Oscar Wright

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Matthews International Corporation announced the retirement of CFO Steven F. Nicola after over three decades of service.

Daniel E. Stopar appointed as the successor to the CFO position.

Company expresses gratitude to Steven F. Nicola for his leadership and contributions.

CFO Retirement

Steven F. Nicola, CFO and Treasurer, to retire effective December 31, 2025, after more than 30 years with the company.

Successor Appointed

Daniel E. Stopar named as the new Chief Financial Officer and Treasurer, effective December 1, 2025.

Financial Expertise

Stopar brings extensive financial, accounting, and reporting experience to the role.

  • Steven F. Nicola played a pivotal role in guiding the Company's financial strategy and growth over the years.
  • The appointment of Daniel E. Stopar reflects the company's commitment to a smooth transition and continuity in financial leadership.

The retirement and appointment signal a significant change in leadership at Matthews International Corporation, highlighting the company's commitment to maintaining strong financial stewardship.