People: Furmanite Corp (FRM)

FRM on New York Consolidated

9.90USD
30 Jul 2014
Price Change (% chg)

$0.05 (+0.51%)
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$9.85
Open
$9.97
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$9.89
Volume
39,128
Avg. Vol
154,746
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$12.70
52-wk Low
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Summary

Name Age Since Current Position

Sangwoo Ahn

74 2014 Non-Executive Chairman of the Board, Presiding Director

Joseph Milliron

59 2009 President, Chief Operating Officer

Charles Cox

65 2014 Chief Executive Officer, Director

Robert Muff

54 2014 Chief Financial Officer, Chief Accounting Officer, Controller

William Fry

39 2012 General Counsel, Secretary

Kathleen Cochran

2014 Director

Kevin Jost

59 2010 Independent Director

Ralph Patitucci

67 2011 Independent Director

Biographies

Name Description

Sangwoo Ahn

Mr. Sangwoo Ahn is Non-Executive Chairman of the Board, Presiding Director of Furmanite Corp. Mr. Ahn has served on Furmanite’s Board of Directors since 1989 and as a member of the Audit Committee since 1990 (Chairman since 1997), in addition to serving as Chairman on the Nominating and Governance Committee since 1998 and as a member of the Compensation Committee since 2006. Now retired, Mr. Ahn was a founding partner of Morgan, Lewis, Githens & Ahn, an investment banking firm. Since 1986, Mr. Ahn has served as a director of PAR Technology Corporation (NYSE: PTC), a publicly-traded company that delivers solutions for the hospitality, logistics and government industries.

Joseph Milliron

Mr. Joseph E. Milliron is President, Chief Operating Officer of Furmanite Corp. Mr. Milliron joined Furmanite Worldwide, Inc. in August 2005 as Chief Operating Officer of the technical services business unit and was named Executive Vice President and Chief Operating Officer of the Company in June 2007. Mr. Milliron was appointed President and Chief Operating Officer effective January 1, 2009. He was a business consultant from 2004 until joining Furmanite and served in various positions of responsibility at CooperHeat-MQS, Inc., an international industrial services company, from 1991 and as CEO, President and a Director from 1999 until 2004. Mr. Milliron has over 35 years of experience, both domestic and international, in industrial contracting services.

Charles Cox

Mr. Charles R. Cox is no longer Chief Executive Officer, Director of Furmanite Corp., effective December 31, 2014. Mr. Cox has 40 years of leadership experience in the industrial services, engineering and construction industry, including 29 years with Fluor Corporation (“Fluor”). His senior executive roles at Fluor include United States and global operations, serving clients in a wide range of industries. After retiring from Fluor in 1998, he served as chairman and CEO of WRS Infrastructure & Environment, Inc. from 2001 to 2006. Since then, he has been engaged as a business consultant to a private equity firm. Mr. Cox has been a director of the Company since 1995 and was a member of the Nominating and Governance Committee, and chairman of the Compensation Committee from 1995 to 2010 and served on the Audit Committee from 2005 to 2010. Mr. Cox was named Chairman of the Board and Chief Executive Officer effective March 10, 2010. Mr. Cox also previously served on the boards of two other publicly traded firms, Kaneb Services LLC (NYSE: KSL) and Kaneb Pipe Line Partners, L.P. (NYSE:KPP).

Robert Muff

Mr. Robert S. Muff is Principal Financial Officer, Principal Accounting Officer, Controller of Furmanite Corp. Mr. Muff joined Furmanite Worldwide, Inc. in June 2008 as Controller. In 2009, Mr. Muff was named Controller and Principal Accounting Officer and he was named Principal Financial Officer in March 2010. Prior to joining Furmanite, Mr. Muff was the Assistant Controller from October 2007 to June 2008 of Rexel, Inc., a U.S. subsidiary of Rexel Group, a worldwide distributor of electrical supplies, listed on the Paris stock exchange (Euronext: RXL). From February 2004 to October 2007, Mr. Muff served in various financial roles, ultimately as Assistant Controller, with Dresser, Inc. a worldwide manufacturer and marketer of engineered energy infrastructure and oilfield products and services. Mr. Muff was employed by various public accounting firms from 1991 to 2004. Mr. Muff is a certified public accountant.

William Fry

Mr. William F. Fry is General Counsel, Secretary of Furmanite Corp. Prior to joining Furmanite, Mr. Fry worked for American Tank & Vessel, Inc., a specialty engineering and construction company, in various roles since 2006, ultimately serving as their General Counsel.

Kathleen Cochran

Ms. Kathleen (“Kathy”) Cochran is Director of the Company. Ms. Cochran, a distinguished marketing and planning professional with over 30 years of business experience, has provided strategic consulting to Fortune 500 companies globally in her role as Senior Advisor at The Boston Consulting Group since 2008. In this role, she advises an international client base on a wide range of business areas across diverse industries. Prior to that, Ms. Cochran served in various marketing and business development roles during her 18 year career at The Gillette Company (and subsequently Procter & Gamble), ultimately becoming a member of the global leadership team, serving as a Vice President of Marketing Research and Global Business Management.

Kevin Jost

Mr. Kevin R. Jost is Independent Director of Furmanite Corp. he became Chairman of the Compensation Committee and a member of the Audit Committee and the Nominating and Governance Committee at such time. Mr. Jost is the former president of Honeywell Imaging and Mobility (previously Hand Held Products, Inc.), a manufacturer of data collection and management solutions. Mr. Jost was president and CEO of Hand Held Products, Inc. from its inception in 1999 until it was acquired by Honeywell in 2007, and continued to serve as the company’s chairman and CEO through his retirement in December 2008. From 1982 until 1999, Mr. Jost was Vice President and general manager of Welch Allyn Data Collection, a division of Welch Allyn, Inc., which acquired Hand Held Products, Inc. The company continued under the name of Hand Held Products, Inc. Mr. Jost has served as a member of the board of directors of PAR Technology Corporation since 2004 and will serve in this position until his term expires later in 2014. In 2012, Mr. Jost achieved the rank of Board Leadership Fellow, the highest level of credentialing for corporate directors and corporate governance professionals given by the National Association of Corporate Directors, for the fiscal 2013 year. In March 2014, Mr. Jost was elected to the Board of Directors of Socket Mobile, Inc., a producer of mobile handheld computers and barcode scanning products.

Ralph Patitucci

Mr. Ralph Patitucci is Independent Director of Furmanite Corp. Mr. Patitucci was also appointed as a member of the Compensation Committee, the Audit Committee and the Nominating and Governance Committee at such time. Mr. Patitucci began his career in 1972 with General Electric Company (NYSE:GE), assuming positions of increasing responsibility over a 17 year period. His experience at GE included an international assignment, serving as Chairman, President & CEO of Samsung Medical Systems, Inc., the first joint venture corporation between GE and The Samsung Group. In 1996, Mr. Patitucci founded Index Services Inc., a consulting and private investment firm. Under the Index Services umbrella, Mr. Patitucci has led a series of private equity investments in a variety of corporations, taking an active role in the management and boards of directors of those entities. Currently, Mr. Patitucci serves as Chairman and CEO of Guy & O’Neill, Inc., a leading contract manufacturer in the wet wipes and liquid filling industry.

Basic Compensation

Name Fiscal Year Total

Sangwoo Ahn

--

Joseph Milliron

817,303

Charles Cox

1,005,640

Robert Muff

439,398

William Fry

382,676

Kathleen Cochran

--

Kevin Jost

--

Ralph Patitucci

--
As Of 30 Dec 2013

Options Compensation

Name Options Value

Sangwoo Ahn

0 0

Joseph Milliron

100,000 554,200

Charles Cox

20,000 140,200

Robert Muff

31,000 157,210

William Fry

0 0

Kathleen Cochran

0 0

Kevin Jost

0 0

Ralph Patitucci

0 0
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