CompoSecure, Inc., a leader in metal payment cards, security, and authentication solutions, said Wednesday that after more than 13 years of service, Chief Financial Officer Tim Fitzsimmons will retire once a successor has been named and assumes the role.
This is anticipated to occur in the second half of 2025, but no later than Jan. 1, 2026. Fitzsimmons will then serve as a consultant to CompoSecure through Jan. 1, 2027, to ensure a smooth transition with his successor.
“He’s played a central role supporting critical corporate transactions including our transition from private to public, the sale of a majority interest in CompoSecure and recent spin-off,” said Jon Wilk, president and CEO of CompoSecure. “He has built and maintained an outstanding lending group that has led to multiple debt financings to support our growth over the last ten years.”
Tim Fitzsimmons, chief financial officer, said, “I take great pride in the incredible journey we’ve shared—transforming CompoSecure from a family-owned business into a publicly traded company. Deciding to retire was a difficult choice rooted in family priorities, and it wasn’t an easy one. As I begin this next phase, I remain fully committed to working closely with my successor to ensure a seamless handover and I’m focused on delivering strong outcomes for investors as we progress.”
In other news, CompoSecure is reaffirming its previously issued full year 2025 guidance, which calls for mid-single digit growth in both consolidated net sales and pro forma adjusted EBITDA.
Founded in 2000, CompoSecure is a technology partner to market leaders, fintechs and consumers enabling trust for millions of people around the globe via its payment card technology and metal cards with Arculus security.
After falling to a 2025 low of $9.65 on April 8, shares of CompoSecure have risen to $13.68 on the Nasdaq Global Market Composite.
