Matthews International Corporation announced that, following the Company's Annual Shareholders Meeting last week, its Board of Directors elected Alvaro Garcia-Tunon as the Company's Chairman of the Board. Mr. Garcia-Tunon succeeds John D. Turner, a member of the Board since 1999 and Chairman of the Board since 2010. Mr. Turner retired from the Board upon the completion of his term.

Alvaro Garcia-Tunon, who joined the Board in 2009, retired as the Chief Financial Officer of Wabtec Corporation, a provider of products and services for the global rail industry in 2014, while continuing to serve as a strategic advisor through 2017.