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United States

Gorman-Rupp Co (GRC.A)

GRC.A on American Stock Exchange

25.73USD
27 Sep 2016
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Summary

Name Age Since Current Position

James Gorman

90 1996 Chairman of the Board

Jeffrey Gorman

62 2006 President, Chief Executive Officer, Director

Wayne Knabel

69 2014 Chief Financial Officer, Executive Vice President, Treasurer

Bridgett Burnell

39 2014 Corporate Counsel, Secretary

Thomas Hoaglin

65 2011 Lead Independent Director

M. Ann Harlan

55 2009 Independent Director

Christopher Lake

51 2000 Independent Director

Kenneth Reynolds

56 2014 Independent Director

Rick Taylor

67 2003 Independent Director

W. Wayne Walston

72 1999 Independent Director

Biographies

Name Description

James Gorman

Mr. James C. Gorman is Chairman of the Board of Gorman-Rupp Co. Mr. Gorman has been Chairman of the Board since 1989 and served as the Company’s President from 1964 until 1989, and as Chief Executive Officer from 1964 until 1996. Mr. Gorman also served on the Board of Directors of United Telephone Company of Ohio for 20 years and was Treasurer of a multi-million dollar international not-for-profit entity for 35 years. he served as a Director of the Company since 1946.

Jeffrey Gorman

Mr. Jeffrey S. Gorman is President, Chief Executive Officer, Director of Gorman-Rupp Co. He was elected to these offices on May 1, 1998, after having served as Senior Vice President since 1996. He also served as General Manager of the Mansfield Division from 1989 through 2005 after service as Assistant General Manager from 1986 to 1988. Additionally, he held the office of Corporate Secretary from 1982 to 1990. Mr. Gorman is a member of the Board of Directors of Mechanics Savings Bank, Mansfield, Ohio and former Chairman of the Ohio Chamber of Commerce. he served as a Director of the Company since 1989.

Wayne Knabel

Mr. Wayne L. Knabel is no longer Chief Financial Officer, Executive Vice President, Treasurer of Gorman-Rupp Co. Effective December 31, 2016. Mr. Knabel previously served as Vice President Finance since May 1, 2008. Mr. Knabel previously served as Vice President Finance since May 1, 2008. Mr. Knabel joined the Company in March 2008.

Bridgett Burnell

Ms. Bridgett A. Burnell is Corporate Counsel and Secretary of the company. Ms. Burnell joined the Company as Corporate Attorney on January 2, 2014, and was elected as Corporate Counsel and Secretary effective May 1, 2014. Ms. Burnell previously served as Corporate Counsel of Red Capital Group from 2011 to 2013 advising the company on legal matters in all areas of business, after having served as an Associate at Jones Day from 2002 to 2011.

Thomas Hoaglin

Mr. Thomas E. Hoaglin is Lead Independent Director of Gorman-Rupp Company. he served as Chief Executive Officer and Director of Huntington Bancshares, a publicly-traded financial institution from February 2001 to his retirement in February 2009. Mr. Hoaglin is currently a Director of American Electric Power Company, Inc., a NYSE publicly traded electric utility holding company, where he is the Lead Independent Director, Chair of the Committee on Directors and Corporate Governance and also serves on the Human Resources (Compensation) Committee, Executive Committee and Policy Committee. Mr. Hoaglin is a Director of The Jeffrey Company and serves as member of the National Association of Corporate Directors Nominating and Governance Committee Chair Advisory Council. Mr. Hoaglin served as a Director of the Company since 1993 and had previously served as a Director from 1986 to 1989.

M. Ann Harlan

Ms. M. Ann Harlan is Independent Director of Gorman-Rupp Company. She is the retired Vice President and General Counsel of the J.M. Smucker Company (“Smucker”), a New York Stock Exchange (“NYSE”) publicly-traded food manufacturer. From January 1998 to January 2011, Ms. Harlan was a member of the Smucker executive management team responsible for setting and implementing corporate strategy and has broad experience with corporate governance issues and requirements of the NYSE, the Securities and Exchange Commission (“SEC”) and the Sarbanes-Oxley Act of 2002. In addition, Ms. Harlan is a Director of Eatem Foods Company, a member of the Advisory Board of Gates Group Capital Partners and serves on the Board of Trustees of University Hospitals Health System, Inc. Ms. Harlan served as a Director of the Company since 2009.

Christopher Lake

Mr. Christopher H. Lake is Independent Director of Gorman-Rupp Company. he is President and Chief Operating Officer of SRI Quality System Registrar, an international third party ISO registrar and certification audit firm, since December 2005, after having served as Vice President from July to December 2005. The firm has operations in the United States, Asia and the European Union. Mr. Lake served as President of Dean & Lake Consulting, Inc., a regional consulting group that focused on operations and product development from 2001 to July 2005. Previously, Mr. Lake was Principal and Industry Executive for a Fortune 500 global consulting company. Mr. Lake served as a Director of the Company since 2000.

Kenneth Reynolds

Mr. Kenneth R. Reynolds is Independent Director of the Company. he has been Chief Financial Officer of Ariel Corporation since 1997. Ariel has been a major designer and manufacturer of a wide variety of compressors for diverse global petroleum markets for nearly 50 years. Its compressors are in service worldwide in refineries, gas fields, pipeline service and gas gathering, making it a world leader in gas compression. Previously, Mr. Reynolds, a Certified Public Accountant, was a partner with a regional public accounting firm which he joined following his college graduation. He also serves on the Board of Directors of a Houston-based joint venture between Caterpillar Inc. and Ariel that designs and manufactures well-stimulation pump products. Mr. Reynolds served as a Director of the Company since 2014.

Rick Taylor

Mr. Rick R. Taylor is Independent Director of Gorman-Rupp Company. he has been President of Jay Industries, Inc., a Tier 1 automotive parts manufacturer, since 1985. Jay Industries also is a Tier 2 parts manufacturer for several other industrial companies. In addition, Mr. Taylor has been President of Longview Steel Corporation, a steel wholesaler, since 1999. Mr. Taylor has been a Director of Park National Corporation, a NYSE publicly traded regional bank holding company, since 1995, where he serves on the Investment Committee and the Risk Committee. Mr. Taylor has served as a Director of the Company since 2003.

W. Wayne Walston

Mr. W. Wayne Walston is Independent Director of Gorman-Rupp Company. he is Senior Counsel in the Warsaw, Indiana office of Beers Mallers Backs & Salin, LLP (attorneys) since January 2013, after having served as Partner since November 2008. Prior to that, Mr. Walston was a partner in Miner Lemon & Walston, LLP from January 2007, and owner of the Walston Elder Law Office from July 2003 through December 2006. Mr. Walston previously was an officer of Sprint Corporation for 14 years as Legal and External Affairs officer; he also served as Secretary to the Board of Directors of five separate state operating entities. Mr. Walston served as a Director of the Company since 1999.

Basic Compensation