People: Furmanite Corp (FRM)
FRM on New York Consolidated
6.90USD
24 May 2013
6.90USD
24 May 2013
Price Change (% chg)
$0.00 (+0.00%)
$0.00 (+0.00%)
Prev Close
$6.90
$6.90
Open
$6.87
$6.87
Day's High
$6.90
$6.90
Day's Low
$6.56
$6.56
Volume
54,460
54,460
Avg. Vol
105,200
105,200
52-wk High
$7.27
$7.27
52-wk Low
$3.69
$3.69
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Charles Cox |
69 | 2010 | Chairman of the Board, Chief Executive Officer |
Joseph Milliron |
57 | 2009 | President, Chief Operating Officer |
Robert Muff |
52 | 2010 | Principal Financial Officer, Principal Accounting Officer, Controller |
John Mannion |
41 | 2012 | Treasurer |
Kevin Jost |
57 | 2010 | Independent Director |
Ralph Patitucci |
65 | 2011 | Independent Director |
Sangwoo Ahn |
73 | 1989 | Presiding Non-Executive Independent Director |
Biographies
| Name | Description |
|---|---|
Charles Cox |
Mr. Charles R. Cox is Chairman of the Board, Chief Executive Officer of Furmanite Corporation. Mr. Cox has 39 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 subsequent to the retirement of Michael L. Rose, who had previously served as the Company’s Chairman of the Board and Chief Executive Officer from January 1, 2009 until his retirement in March 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). |
Joseph Milliron |
Mr. Joseph E. Milliron is President and Chief Operating Officer of Furmanite Corporation., effective January 1, 2009. He 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 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 Chief Executive Officer, President and a Director from 1999 until 2004. Mr. Milliron has over 30 years of experience, both domestic and international, in industrial contracting service. |
Robert Muff |
Mr. Robert S. Muff is Principal Financial Officer, Principal Accounting Officer, Controller of Furmanite Corporation. 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., 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 2008 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. |
John Mannion |
Mr. John J. Mannion is Treasurer of Furmanite Corporation. Mr. Mannion joined Furmanite Worldwide, Inc. in December 2011 as Treasurer and was named an Executive Officer of Furmanite Corporation in January 2012. Prior to joining Furmanite, Mr. Mannion was Assistant Treasurer from 2009 to 2011 at Plains All American Pipeline, L.P. (NYSE: PAA), a master limited partnership engaged in transportation, storage and marketing of crude oil, natural gas and related petroleum products in the United States and Canada. From 2004 to 2008 Mr. Mannion served as Vice President, Treasurer of Quanex Building Products Corporation (NYSE: NX) and its former parent, Quanex Corporation, a manufacturer of vehicular and building products. Mr. Mannion held various positions in the commercial airline industry with Northwest Airlines, Inc., Continental Airlines, Inc. and ExpressJet Holdings, Inc. from 1992 to 2004. |
Kevin Jost |
Mr. Kevin R. Jost is Independent Director of Furmanite Corporation. Mr. Jost has served on Furmanite’s Board of Directors since March 2010. 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 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. The company continued under the name of Hand Held Products. Since 2004, Mr. Jost has served as a member of the board of directors of PAR Technology Corporation. |
Ralph Patitucci |
Mr. Ralph Patitucci is Independent Director of Furmanite Corporation. On October 12, 2011 Mr. Patitucci was appointed to Furmanite’s Board of Directors. 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 those entities. Currently Mr. Patitucci serves as Chairman and CEO of Guy & O’Neill Corporation, a contract manufacturer in the wet wipes and liquid filling industry. Mr. Patitucci has an active role in the day to day operations of such corporation. |
Sangwoo Ahn |
Mr. Sangwoo Ahn is Presiding Non-Executive Independent Director of Furmanite Corporation. He has served on Furmanite’s Board of Directors since 1989. 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. Mr. Ahn’s knowledge of economic and financial information was attained through his involvement in the management of public companies over the past 40 years. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Charles Cox |
675,175 |
Joseph Milliron |
595,324 |
Robert Muff |
480,856 |
John Mannion |
-- |
Kevin Jost |
-- |
Ralph Patitucci |
-- |
Sangwoo Ahn |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Charles Cox |
20,000 | 140,200 |
Joseph Milliron |
100,000 | 711,000 |
Robert Muff |
0 | 0 |
John Mannion |
0 | 0 |
Kevin Jost |
0 | 0 |
Ralph Patitucci |
0 | 0 |
Sangwoo Ahn |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
AHN SANGWOO BILL |
10,000 | $6.05 |
JOST KEVIN R |
10,000 | $6.05 |
PATITUCCI RALPH J |
10,000 | $6.05 |
COX CHARLES R |
15,000 | $0.00 |
COX CHARLES R |
6,186 | $0.00 |
AHN SANGWOO BILL |
20,000 | $2.38 |
JOST KEVIN R |
20,000 | $0.00 |
JOST KEVIN R |
5,000 | $4.34 |
COX CHARLES R |
9,000 | $4.17 |
COX CHARLES R |
6,000 | $4.04 |
PATITUCCI RALPH J |
3,000 | $3.80 |
AHN SANGWOO BILL |
5,000 | $3.81 |
AHN SANGWOO BILL |
5,000 | $4.28 |
COX CHARLES R |
11,940 | $4.64 |
AHN SANGWOO BILL |
5,000 | $4.50 |
JOST KEVIN R |
2,500 | $4.40 |
MUFF ROBERT |
5,000 | $4.40 |
PATITUCCI RALPH J |
10,000 | $6.99 |
AHN SANGWOO BILL |
10,000 | $6.99 |
KESSLER HANS |
10,000 | $6.99 |
JOST KEVIN R |
10,000 | $6.99 |
PATITUCCI RALPH J |
10,000 | $6.89 |
AHN SANGWOO BILL |
2,000 | $4.94 |
AHN SANGWOO BILL |
2,000 | $5.02 |
AHN SANGWOO BILL |
1,000 | $5.05 |
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