Atmus Filtration Technologies Names Laura Heltebran as Chief Legal Officer

Atmus Filtration Technologies Inc. (NYSE: ATMU) announced the appointment of Laura Heltebran as Chief Legal Officer and Corporate Secretary, effective immediately. She will report directly to CEO Steph Disher and serve on the Atmus Leadership Team.
Heltebran brings decades of legal and executive leadership across multiple sectors. Most recently, she was Executive Vice President, Chief Legal Officer & Corporate Secretary at Wheels Up, where she guided the company through its IPO on the NYSE in 2021. She has also held senior legal roles at Hilton Worldwide, Hewlett Packard Enterprise, MCI Telecommunications, and Computer Sciences Corporation (now DXC Technology).
In addition to her legal background, Heltebran has earned NACD Directorship Certification, served on the Advisory Board of Women Leading in Travel and Hospitality, and is a 2022 alum of the DirectWomen Board Institute.
“I am thrilled to join the team and help realize our full potential,” Heltebran said, noting her excitement about Atmus’s trajectory as an independent company.
Heltebran holds a bachelor’s degree and a Juris Doctor from George Mason University.
Atmus, a global leader in filtration and media solutions, employs around 4,500 people and operates across six continents, serving markets including transportation, agriculture, mining, and power generation.

Atmus Filtration Technologies reported strong financial results for the fourth quarter and full year 2024. The company achieved net sales of $407 million for the quarter and $1.67 billion for the full year. GAAP net income was $40 million for the quarter and $186 million for the year, with diluted earnings per share of $0.48 and $2.22, respectively. Adjusted EPS was higher at $0.58 for the quarter and $2.50 for the year. Adjusted EBITDA reached $78 million for the quarter and $330 million for the year, with margins of 19.1% and 19.7%, respectively.

For 2025, Atmus expects revenue between $1.67 billion and $1.735 billion, with an adjusted EBITDA margin of 19.0% to 20.0% and adjusted EPS between $2.35 and $2.60. The company repurchased $10 million in shares under its $150 million repurchase program and paid a quarterly dividend of $0.05 per share.

Fourth-quarter sales increased 1.8% year-over-year, driven by higher volume and pricing. Gross margin was $107 million, slightly up from $106 million in the prior year, despite higher logistics and material costs. Adjusted EBITDA improved to $78 million from $71 million, and net income grew to $40 million from $35 million. Cash provided by operations was $20 million, down from $42 million in the prior year, due to separation-related expenditures from Cummins.

CEO Steph Disher emphasized Atmus' commitment to growth and shareholder value, noting the company's continued success in providing industry-leading filtration solutions and delivering strong cash returns to investors.

Atmus Filtration Technologies announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per common share. The dividend will be paid on March 19, 2025, to shareholders of record as of March 4, 2025.

Atmus, a global leader in filtration and media solutions, has been in operation for over 65 years, serving industries such as trucking, agriculture, construction, mining, marine, and power generation. The company is headquartered in Nashville, Tennessee, and employs approximately 4,500 people worldwide.