Edition:
United States

People: AAON Inc (AAON.O)

AAON.O on Nasdaq

28.17USD
25 May 2016
Change (% chg)

$0.03 (+0.11%)
Prev Close
$28.14
Open
$28.24
Day's High
$28.44
Day's Low
$28.03
Volume
116,122
Avg. Vol
179,477
52-wk High
$28.61
52-wk Low
$18.85

Summary

Name Age Since Current Position

Norman Asbjornson

79 1989 President, Chief Executive Officer, Director

Scott Asbjornson

46 2012 Chief Financial Officer, Vice President - Finance

Kathy Sheffield

62 2012 Senior Vice President - Administration, Treasurer

Rebecca Thompson

36 2012 Chief Accounting Officer

Robert Fergus

74 2012 Vice President - Manufacturing

Sam Neale

2015 Vice President

Gary Fields

2015 Director

Paul Lackey

72 2007 Independent Director

Jerry Levine

76 2008 Independent Director

A. McElroy

52 2007 Independent Director

Jack Short

74 2004 Independent Director

Biographies

Name Description

Norman Asbjornson

Mr. Norman H. Asbjornson is President, Chief Executive Officer, Director of Aaon Inc., since 1989. Mr. Asbjornson is the Chairman of the Board of AAON Coil Products, Inc. ("ACP"), both the Company's wholly-owned subsidiaries. Mr. Asbjornson is one of the founders of the Company, and his intimate knowledge of the HVAC industry, both from a technical and a business perspective, brings to the Board a unique insight into the Company’s operations in particular, as well as the environment in which the Company operates.

Scott Asbjornson

Mr. Scott M. Asbjornson is Chief Financial Officer, Vice President - Finance of Aaon Inc., effective August 9, 2012. He joined the Company in 1999. Mr. Scott Asbjornson has held various positions with the Company and ACP, including Vice President (2007-2010) and President (2010-2012) of ACP. He also serves as Vice President, Finance and CFO of AAON-Oklahoma.

Kathy Sheffield

Ms. Kathy I. Sheffield is Senior Vice President - Administration, Treasurer of Aaon Inc. She became Treasurer of AAON in 1999, Vice President in 2002 and Senior Vice President, Administration and Treasurer in 2012. Ms. Sheffield was Accounting Supervisor from 1989 to 1992, when she became Accounting Manager. She also serves as Senior Vice President, Administration and Treasurer of AAON-Oklahoma and as Treasurer of ACP.

Rebecca Thompson

Ms. Rebecca A. Thompson is appointed as Chief Accounting Officer since joining the Company in 2012. Ms. Thompson previously served as a Senior Manager at Grant Thornton, LLP where she had 11 years of experience in the assurance division. Ms. Thompson is also a licensed certified public accountant.

Robert Fergus

Mr. Robert G. Fergus has been appointed as Vice President - Manufacturing of Aaon Inc., effective 09 August 2012. He has served as Vice President of AAON since 1989. Mr. Fergus also serves as Vice President, Manufacturing, of AAON-Oklahoma.

Sam Neale

Mr. Sam Neale has been promoted as Vice President of the AAON, Inc. Mr. Neale has served as President of AAON Coil Products Inc., a subsidiary of the Company, since 2012. He previously served as the Marketing Manager for the Company from 2005 until 2012. He is a professionally licensed mechanical engineer with a Masters of Business Administration degree and a Masters degree in Management.

Gary Fields

Mr. Gary D. Fields is Director of the Company. Gary has been involved in the HVAC industry for more than 35 years. From 1983 to 2012, he was an HVAC equipment sales representative at (and, from 2002 to 2012, a member of the ownership group of) Texas AirSystems, the largest independent HVAC equipment and solutions provider in the state of Texas, with locations in Dallas, Fort Worth, Houston, Austin and San Antonio. He has been significantly involved with the Fort Worth, Texas Chapter of ASHRAE (the American Society of Heating, Refrigerating and Air-Conditioning Engineers), having served as Chairman of various ASHRAE committees and ultimately serving as President. Gary is currently an owner and President of GKR Partners LTD, an HVAC business development consulting firm, which has provided business development advice and consultation to the Company and its sales representatives since 2013. Gary’s extensive experience in the HVAC industry will provide the Board with valuable insight and knowledge on HVAC markets, including market trends. Gary's lengthy experience at a large independent HVAC equipment provider also allows him to provide the Board guidance on the Company's sales and marketing activities.

Paul Lackey

Mr. Paul K. Lackey, Jr., is Independent Director of Aaon, Inc. He is Chairman of the Governance Committee. Between April 2002 and October 2005 Mr. Lackey served as CEO and President of The NORDAM Group, a privately held company in Tulsa, Oklahoma involved in the aerospace industry. Between October 2005 and December 2008 Mr. Lackey served as the Chairman and CEO of The NORDAM Group. Between January 2009 and December 2011 Mr. Lackey served as the Executive Chairman of the Board of The NORDAM Group. Since January 2012 Mr. Lackey has served as the Director Chairman of the Board of The NORDAM Group. Mr. Lackey also serves on the board of directors of Matrix Service Company, a public company involved in the construction and energy services industry. Mr. Lackey’s experience in serving as the CEO of a manufacturing company provides not only additional knowledge and insight in production and manufacturing processes in general, but also brings to the Board an individual who can provide guidance on management and operational systems in a manufacturing environment such as ours. Mr. Lackey’s service on the board of another public company also provides him with the ability to compare and assess the differences in board operations and functions, which provide guidance on strengthening the practices of our Board.

Jerry Levine

Mr. Jerry R. Levine is Independent Director of Aaon, Inc. For the last 40 years, Mr. Levine has been a securities analyst. From 1980 to 1991 Mr. Levine served as a member of the “Emerging Growth Group” of Merrill Lynch Capital Markets, specializing in small and mid-sized companies. In 1999 Mr. Levine formed JRL Advisors, which firm provides investor relations services. Mr. Levine, through JRL Advisors, has provided investor and shareholder relations services and advice to the Company since JRL Advisors’ formation. Mr. Levine’s extensive experience in the securities and financial fields provides to the Board insight on capital markets in general, as well as industry sensitive markets that may affect us specifically. Mr. Levine’s background also allows him to provide the Board guidance on the potential market impact that any significant Board or Company decision may have on our market value.

A. McElroy

Mr. A. H. McElroy, II, is Independent Director of Aaon, Inc. He is Chairman of the Compensation Committee. Since 1997 Mr. McElroy has served as President and CEO of McElroy Manufacturing, Inc., a privately held manufacturing concern based in Tulsa, Oklahoma. Mr. McElroy’s extensive experience in managing a privately held manufacturing company brings to the Board substantial knowledge of operational and budgetary efficiencies, as well as technology-related applications which may benefit general manufacturing processes.

Jack Short

Mr. Jack E. Short is Independent Director of Aaon, Inc. He is Chairman of the Audit Committee. Mr. Short was employed by PricewaterhouseCoopers (formerly Coopers & Lybrand) for 29 years and retired as the managing partner of the Oklahoma practice (Tulsa and Oklahoma City) of the firm in June 2001. Mr. Short previously served on the Board of Directors of a public company which is engaged in the non-toxic waste collection business. Mr. Short’s extensive background in public accounting provides the Board with an individual well-versed in accounting and financial matters, and his experience serving on the boards of other (publicly and privately held) companies offers additional insight to the Board in both financial and risk assessment matters.

Basic Compensation