Matthew Jauchius
About Matthew E. Jauchius
Independent director at Core Molding Technologies since 2013; currently serves as Audit Committee Chair and is designated an “audit committee financial expert.” Age 55 with an MBA from the University of Michigan and a BBA from The Ohio State University; background spans marketing, strategy, risk/audit and cost management across financial services, mobility and manufacturing. He is independent under NYSE American standards and the Board maintains an independent Chairman structure .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Fifth Third Bancorp | EVP & Chief Marketing Officer | 2017–2021 | Led integrated marketing; experience in growth and turnaround contexts |
| Hertz Global Holdings | EVP & Chief Marketing Officer | 2015–2016 | Marketing leadership during restructuring period |
| Nationwide Mutual Insurance | EVP & Chief Marketing Officer; earlier SVP & Chief Strategy Officer | 2010–2015 (CMO); prior CSO | Strategy, risk management, marketing; supported automotive/ag/manufacturing sectors |
| McKinsey & Company | Associate Principal | Prior to Nationwide | Strategy and operations advisory |
| Bank One (now JPMorgan Chase) | Risk Advisor | Prior to Nationwide | Risk/audit orientation |
| Ernst & Young | Senior Accountant | Early career | CPA (inactive) credential; audit foundations |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| J5 Alpha LLC | Partner | Current | Small business focused on fitness services |
Board Governance
- Committee assignments: Audit Committee (Chair) and Nominating & Corporate Governance Committee member; not on Compensation Committee .
- Expertise: Board determined he is an “audit committee financial expert” .
- Independence: Board affirmed independence under NYSE American standards .
- Board structure: Independent Chairman (Thomas R. Cellitti); all key committees 100% independent .
- Attendance and activity:
- Board met 9 times in 2024; all directors attended ≥85% of Board and committee meetings for which they served .
- Committees met: Audit (4), Nominating & Corporate Governance (8), Compensation (2) in 2024 .
- All directors attended the 2024 Annual Meeting .
Fixed Compensation (Director)
| Year | Cash Retainer | Committee Chair Fees | Total Cash | Notes |
|---|---|---|---|---|
| 2024 | $81,500 (standard director fee) | $8,000 (Audit Chair) | $88,130 (actual) | Paid quarterly; no separate meeting fees disclosed |
- Director compensation benchmarking performed with independent consultant Pearl Meyer; survey reviewed June 2024 .
Performance Compensation (Director Equity)
| Grant Date (2024) | Award Type | Shares | Grant-Date Fair Value | Vesting | Notes |
|---|---|---|---|---|---|
| Mar 2024 | Restricted Stock (time-based) | 4,523 | $86,751 | 3 equal annual installments (under age 65) | No dividends on unvested awards; accelerates upon death/disability/change-in-control |
Directors receive time-based restricted stock; there are no performance-vested metrics tied to director equity grants .
- Director stock ownership guideline: 3x annual cash compensation; as of 12/31/2024 all non-employee directors met guidelines except Miñarro (on-ramp through 2029), implying Jauchius is in compliance .
Other Directorships & Interlocks
| Company | Role | Committee Roles | Potential Interlock/Conflict |
|---|---|---|---|
| Not disclosed | — | — | No public company directorships disclosed; no interlocks reported |
Expertise & Qualifications
- Financial literacy and designation as Audit Committee Financial Expert; CPA (inactive) in Ohio .
- Deep experience in strategy, marketing, risk/audit management, and operational cost improvements across financial services, mobility, and manufacturing .
- Education: MBA (University of Michigan); BBA (The Ohio State University) .
Equity Ownership
| Holder | Beneficial Ownership | % of Class | Composition/Notes |
|---|---|---|---|
| Matthew E. Jauchius | 57,542 shares | <1% | Includes 43,240 shares shared with spouse; 14,302 restricted shares subject to future vesting . Company had 9,258,054 shares outstanding as of 3/21/2025 . |
- Anti-hedging/anti-pledging: Company prohibits pledging, margin, derivatives, and short sales for directors and employees .
Insider Trades (recent)
| Trade Date | Type | Shares | Price | Post-Trade Holdings | Source |
|---|---|---|---|---|---|
| 2025-09-08 | Sale | 6,020 | ~$19.84 | ~51,522 direct shares post-trade | SEC Form 4 (filed 2025-09-11) |
Company reported timely Section 16 filings in 2024 except for several unintentional late Forms 4 for other insiders; no delinquency noted for Jauchius in 2024 .
Governance Assessment
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Strengths:
- Independent director and Audit Committee Chair with formal “financial expert” designation; Audit Committee charter reaffirmed March 11, 2025; active oversight (4 meetings) .
- Strong independence posture and structures (independent Chair; all key committees independent; anti-hedging/pledging) .
- Engagement: ≥85% attendance and participation across an active committee slate; attended annual meeting .
- Ownership alignment: compliance with 3x cash comp ownership guideline; ongoing annual equity grants .
- No related-party transactions >$120,000 in 2024–2025 period .
- Company-wide compensation governance: clawback policy adopted in 2023; plan-level clawback provisions; independent compensation consultant; 2024 Say-on-Pay support ~97% (positive investor signal) .
-
Watch items:
- Periodic insider sale (6,020 shares in Sept 2025) merits ongoing monitoring for pattern/size vs. total holdings; single sale not a red flag in isolation .
- No additional public company directorships disclosed (limits interlock risk but also limits cross-company information flows) .
Overall signal: Positive for board effectiveness and investor confidence—financial expertise, independent posture, attendance and alignment outweigh isolated trading activity; no conflicts or related-party exposures disclosed .