Thermon Group Holdings Management
Management criteria checks 3/4
Thermon Group Holdings' CEO is Bruce Thames, appointed in Apr 2016, has a tenure of 8.08 years. total yearly compensation is $3.37M, comprised of 19.8% salary and 80.2% bonuses, including company stock and options. directly owns 0.62% of the company’s shares, worth €6.45M. The average tenure of the management team and the board of directors is 6.3 years and 6 years respectively.
Key information
Bruce Thames
Chief executive officer
US$3.4m
Total compensation
| CEO salary percentage | 19.8% |
| CEO tenure | 8.1yrs |
| CEO ownership | 0.6% |
| Management average tenure | 6.3yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$49m |
| Sep 30 2023 | n/a | n/a | US$42m |
| Jun 30 2023 | n/a | n/a | US$38m |
| Mar 31 2023 | US$3m | US$665k | US$34m |
| Dec 31 2022 | n/a | n/a | US$35m |
| Sep 30 2022 | n/a | n/a | US$37m |
| Jun 30 2022 | n/a | n/a | US$27m |
| Mar 31 2022 | US$3m | US$650k | US$20m |
| Dec 31 2021 | n/a | n/a | US$10m |
| Sep 30 2021 | n/a | n/a | US$5m |
| Jun 30 2021 | n/a | n/a | US$7m |
| Mar 31 2021 | US$2m | US$585k | US$877k |
| Dec 31 2020 | n/a | n/a | -US$1m |
| Sep 30 2020 | n/a | n/a | -US$692k |
| Jun 30 2020 | n/a | n/a | US$4m |
| Mar 31 2020 | US$2m | US$643k | US$12m |
| Dec 31 2019 | n/a | n/a | US$22m |
| Sep 30 2019 | n/a | n/a | US$25m |
| Jun 30 2019 | n/a | n/a | US$21m |
| Mar 31 2019 | US$3m | US$618k | US$23m |
| Dec 31 2018 | n/a | n/a | US$22m |
| Sep 30 2018 | n/a | n/a | US$13m |
| Jun 30 2018 | n/a | n/a | US$14m |
| Mar 31 2018 | US$2m | US$611k | US$12m |
Compensation vs Market: Bruce's total compensation ($USD3.37M) is above average for companies of similar size in the German market ($USD1.26M).
Compensation vs Earnings: Bruce's compensation has been consistent with company performance over the past year.
CEO
Bruce Thames (60 yo)
8.1yrs
Tenure
US$3,365,794
Compensation
Mr. Bruce A. Thames has been the Chief Executive Officer and President of Thermon Group Holdings, Inc. since April 1, 2016. Mr. Thames served as the Chief Operating Officer and an Executive Vice President...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.1yrs | US$3.37m | 0.62% $ 6.4m | |
| Senior Vice President of Global Operations | 2.3yrs | US$1.21m | 0.0065% $ 67.7k | |
| Senior Vice President of Global Sales | 5.3yrs | US$1.08m | 0.072% $ 742.5k | |
| Senior Vice President of Thermon Heating Systems & Engineering | 7.6yrs | US$922.76k | 0.11% $ 1.2m | |
| VP, Controller | 3.3yrs | no data | no data | |
| Vice President of FP&A and Investor Relations | no data | no data | no data | |
| Senior VP | 5.3yrs | no data | 0.037% $ 389.1k | |
| Vice President of Human Resources | 7.3yrs | no data | 0.037% $ 388.6k | |
| Senior Vice President of Thermon Heat Tracing | 7.3yrs | US$795.45k | 0.11% $ 1.2m |
6.3yrs
Average Tenure
52yo
Average Age
Experienced Management: 8TG's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.1yrs | US$3.37m | 0.62% $ 6.4m | |
| Independent Director | 11.9yrs | US$184.97k | 0.13% $ 1.3m | |
| Independent Director | 14.1yrs | US$184.97k | 0.13% $ 1.3m | |
| Director | less than a year | no data | 0.0050% $ 51.5k | |
| Independent Non-Executive Director | 11.9yrs | US$217.47k | 0.19% $ 1.9m | |
| Independent Non-Executive Chairman | 4.8yrs | US$184.97k | 0.10% $ 1.1m | |
| Independent Director | 4.8yrs | US$164.97k | 0.086% $ 892.8k | |
| Independent Director | 6yrs | US$184.97k | 0.084% $ 868.4k | |
| Independent Director | 1.7yrs | US$93.69k | 0.022% $ 223.6k |
6.0yrs
Average Tenure
66yo
Average Age
Experienced Board: 8TG's board of directors are considered experienced (6 years average tenure).