Thermon Group Holdings Management
Management criteria checks 3/4
Thermon Group Holdings' CEO is Bruce Thames, appointed in Apr 2016, has a tenure of 8.67 years. total yearly compensation is $2.56M, comprised of 27% salary and 73% bonuses, including company stock and options. directly owns 0.78% of the company’s shares, worth €7.21M. The average tenure of the management team and the board of directors is 5.9 years and 5.4 years respectively.
Key information
Bruce Thames
Chief executive officer
US$2.6m
Total compensation
| CEO salary percentage | 27.0% |
| CEO tenure | 8.7yrs |
| CEO ownership | 0.8% |
| Management average tenure | 5.9yrs |
| Board average tenure | 5.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$44m |
| Jun 30 2024 | n/a | n/a | US$49m |
| Mar 31 2024 | US$3m | US$690k | US$52m |
| 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$12m |
Compensation vs Market: Bruce's total compensation ($USD2.56M) is above average for companies of similar size in the German market ($USD1.46M).
Compensation vs Earnings: Bruce's compensation has been consistent with company performance over the past year.
CEO
Bruce Thames (61 yo)
8.7yrs
Tenure
US$2,559,952
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 | 8.7yrs | US$2.56m | 0.78% € 7.2m | |
| Senior Vice President of Global Sales | 5.9yrs | US$844.26k | 0.10% € 952.7k | |
| Senior Vice President of Thermon Heat Tracing | 7.9yrs | US$744.26k | 0.15% € 1.4m | |
| Senior Vice President of Thermon Heating Systems | 8.2yrs | US$749.37k | 0.15% € 1.4m | |
| Senior VP & CFO | less than a year | no data | no data | |
| Senior Vice President of Global Operations | 2.8yrs | US$1.21m | 0.015% € 135.0k | |
| VP, Controller & Chief Accounting Officer | 3.9yrs | no data | 0.0044% € 41.4k | |
| Vice President of FP&A and Investor Relations | no data | no data | no data | |
| Senior VP | 5.8yrs | no data | 0.055% € 509.2k | |
| Senior Vice President of Human Resources | 7.9yrs | no data | 0.053% € 495.0k |
5.9yrs
Average Tenure
54yo
Average Age
Experienced Management: 8TG's management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.7yrs | US$2.56m | 0.78% € 7.2m | |
| Independent Director | 14.7yrs | US$184.95k | 0.14% € 1.3m | |
| Independent Director | less than a year | US$52.90k | 0.0097% € 90.3k | |
| Independent Non-Executive Chairman | 5.4yrs | US$193.08k | 0.11% € 1.0m | |
| Independent Director | 5.4yrs | US$164.97k | 0.091% € 844.2k | |
| Independent Director | 6.6yrs | US$184.95k | 0.088% € 822.3k | |
| Independent Director | 2.3yrs | US$169.95k | 0.026% € 244.6k |
5.4yrs
Average Tenure
62yo
Average Age
Experienced Board: 8TG's board of directors are considered experienced (5.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 12:18 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Thermon Group Holdings, Inc. is covered by 15 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James West | Barclays |
| Charles Brady | BMO Capital Markets Equity Research |
| Charles Brady | BMO Capital Markets U.S. (Historical) |