Celeste Mastin on cost savings
From H.B. Fuller Company Investor Day 2025 | Oct 20, 2025 · · Investing 101
“Quantum Leap is running on time and will culminate in run rate conversion cost savings of $75 million and providing greater discipline in capital allocation to maintenance and growth projects that are targeted at our highest returning opportunities.”
On , Celeste Mastin, President, Chief Executive Officer & Director at FULLER (H. B.) CO, spoke about cost savings during H.B. Fuller Company Investor Day 2025 | Oct 20, 2025 on Investing 101.
About Celeste Mastin
Celeste Mastin, president and CEO of H.B. Fuller, has been outlining the company's strategy to achieve greater than 20% EBITDA margins and solid organic growth. At the company's 2025 Investor Day, she described a roadmap that includes share gains through innovation, a global footprint optimization plan called Quantum Leap (which involves closing 27 of 82 plants by 2030), portfolio mix shifts through M&A, and disciplined execution. Mastin noted that the company had acquired 11 companies and expanded EBITDA margins by 340 basis points through the third quarter of 2025. She also stated that the company divested its flooring business because it could not meet financial targets. On earnings calls, Mastin described a challenging global economic environment with subdued demand and trade uncertainty, while reporting that the company delivered margin expansion and double-digit EPS growth in the third quarter of 2025. She attributed performance in the Engineering Adhesives segment to a return to double-digit organic growth in electronics and share gains in the U.S. business. Mastin has emphasized the company's focus on variables it can control, including customer service, pricing actions, and cost management. She has also highlighted the company's strategy of producing in the same region where it sells to reduce tariff exposurecars.