Thermon Group Holdings Management
Management criteria checks 4/4
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 $7.01M. 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
Here's Why Thermon Group Holdings (NYSE:THR) Has Caught The Eye Of Investors
Apr 28
Pinning Down Thermon Group Holdings, Inc.'s (NYSE:THR) P/E Is Difficult Right Now
Apr 16Thermon Group: Cooling Down A Bit
Apr 10A Look At The Intrinsic Value Of Thermon Group Holdings, Inc. (NYSE:THR)
Jan 30Thermon Group: Warming Up To This Heating Play
Jan 04Thermon Group Holdings (NYSE:THR) Has A Rock Solid Balance Sheet
Dec 27Investors Will Want Thermon Group Holdings' (NYSE:THR) Growth In ROCE To Persist
Nov 15Is It Time To Consider Buying Thermon Group Holdings, Inc. (NYSE:THR)?
Nov 03Thermon Group Holdings: Looking For More Clarity On Margin Trends
Oct 25Thermon Group: Growth Through Future Operational Excellence Combined With Improved Cash Flows
Sep 21At US$26.00, Is Thermon Group Holdings, Inc. (NYSE:THR) Worth Looking At Closely?
Aug 04Thermon Group Holdings: Cash Flow Stability Through Strategic Acquisitions
Jul 04An Intrinsic Calculation For Thermon Group Holdings, Inc. (NYSE:THR) Suggests It's 33% Undervalued
Jun 28Thermon Group Holdings (NYSE:THR) Has A Rock Solid Balance Sheet
Jun 07Here's Why Thermon Group Holdings (NYSE:THR) Has Caught The Eye Of Investors
Apr 06What Does Thermon Group Holdings, Inc.'s (NYSE:THR) Share Price Indicate?
Mar 12Thermon Non-GAAP EPS of $0.52 beats by $0.15, revenue of $122.1M beats by $13.88M
Feb 02Thermon Group Holdings: Lukewarm Despite Hot Results
Jan 19Is It Too Late To Consider Buying Thermon Group Holdings, Inc. (NYSE:THR)?
Sep 02Thermon Seeing Signs Of Recovery With Additional Upside From Margins And Senate Bill 3
Aug 10We Think Shareholders May Want To Consider A Review Of Thermon Group Holdings, Inc.'s (NYSE:THR) CEO Compensation Package
Jul 27We Think Thermon Group Holdings (NYSE:THR) Is Taking Some Risk With Its Debt
Jun 03The Returns At Thermon Group Holdings (NYSE:THR) Provide Us With Signs Of What's To Come
Mar 09Thermon Group Holdings (NYSE:THR) Has A Somewhat Strained Balance Sheet
Feb 11
Does Thermon Group Holdings' (NYSE:THR) CEO Salary Compare Well With Industry Peers?
Jan 21Thermon Group Holdings, Inc. (NYSE:THR) Shares Could Be 34% Below Their Intrinsic Value Estimate
Dec 31Are Insiders Buying Thermon Group Holdings, Inc. (NYSE:THR) Stock?
Dec 16Thermon Group promotes Kevin Fox to CFO
Dec 08CEO 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 about average for companies of similar size in the US market ($USD3.36M).
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% $ 7.0m | |
| Senior Vice President of Global Operations | 2.3yrs | US$1.21m | 0.0065% $ 73.6k | |
| Senior Vice President of Global Sales | 5.3yrs | US$1.08m | 0.072% $ 807.3k | |
| Senior Vice President of Thermon Heating Systems & Engineering | 7.6yrs | US$922.76k | 0.11% $ 1.3m | |
| 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% $ 423.1k | |
| Vice President of Human Resources | 7.3yrs | no data | 0.037% $ 422.5k | |
| Senior Vice President of Thermon Heat Tracing | 7.3yrs | US$795.45k | 0.11% $ 1.3m |
6.3yrs
Average Tenure
52yo
Average Age
Experienced Management: THR'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% $ 7.0m | |
| Independent Director | 11.9yrs | US$184.97k | 0.13% $ 1.4m | |
| Independent Director | 14.1yrs | US$184.97k | 0.13% $ 1.4m | |
| Director | less than a year | no data | 0.0050% $ 56.0k | |
| Independent Non-Executive Director | 11.9yrs | US$217.47k | 0.19% $ 2.1m | |
| Independent Non-Executive Chairman | 4.8yrs | US$184.97k | 0.10% $ 1.2m | |
| Independent Director | 4.8yrs | US$164.97k | 0.086% $ 970.7k | |
| Independent Director | 6yrs | US$184.97k | 0.084% $ 944.2k | |
| Independent Director | 1.7yrs | US$93.69k | 0.022% $ 243.1k |
6.0yrs
Average Tenure
66yo
Average Age
Experienced Board: THR's board of directors are considered experienced (6 years average tenure).