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Hardinge Inc (HDNG.OQ)

HDNG.OQ on NASDAQ Stock Exchange Global Select Market

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8 Dec 2016
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Summary

Name Age Since Current Position

Richard Simons

59 2015 President, Chief Executive Officer

James Langa

57 2011 Senior Vice President - Asia Operations

William Sepanik

50 2015 Vice President of Forkardt Operations

Ryan Levenson

40 2016 Director

Richard Burkhart

62 2016 Independent Director

B. Christopher DiSantis

42 2016 Independent Director

J. Philip Hunter

72 1992 Independent Director

Mitchell Quain

64 2004 Independent Director

James Silver

47 2016 Independent Director

R. Tony Tripeny

56 2012 Independent Director

Douglas Malone

50 2013 Chief Financial Officer, Vice President

Biographies

Name Description

Richard Simons

Mr. Richard L. Simons is President, Chief Executive Officer of Hardinge Inc. He was Chairman of the Board of Hardinge Inc. Mr. Simons has served as Hardinge's President and Chief Executive Officer since May, 2008 and became Chairman of the Board in February, 2012. Mr. Simons served as the Company's Senior Vice President/Chief Operating Officer from March to May, 2008. Prior to rejoining Hardinge in 2008, he was Vice President and Corporate Controller at Carpenter Technology, a publicly-traded specialty steel manufacturer (2005-2008). Mr. Simons originally joined Hardinge in 1983, holding the positions of Executive Vice President/Chief Financial Officer of Hardinge Inc. (2000-2005); Senior Vice President/Chief Financial Officer in 1999 and various other financial management roles (1983-1998). He previously served on the Company's Board of Directors from February, 2001 to July, 2005. Mr. Simons has an M.B.A. degree from the Rochester Institute of Technology and is also a certified public accountant. He is a director of Sunnen Products Company, a privately-held global manufacturer and distributor of bore sizing and finishing equipment, engine rebuilding equipment, tooling and abrasives. Mr. Simons' vast experience in manufacturing, finance, and his long history with Hardinge, strengthens the Board's collective ability to manage the Company's business.

James Langa

Mr. James P. Langa is Senior Vice President - Asia Operations of Hardinge Inc. Prior to which he was Vice President-Global Engineering, Quality and Strategic Sourcing September 2008 - April 2011; Vice President/General Manager-North American Operations January, 2008 - September 2008; Vice President/General Manager North American Machine Operations, June 2007 - January 2008; Director, Original Equipment Sales & Marketing for Wellman Products Group (Division of Hawk Corporation) 2006-2007 and Focus Factory Manager for Wellman Products Group, 2005-2006.

William Sepanik

Mr. William B. Sepanik is Vice President of Forkardt Operations of the Company. Prior to which he was Group General Manager of Forkardt International from January 2011 - May 2013 for ITW; General Manager of ITW Workholding, North American Operations, April 2007 - January 2011; Various other positions in ITW Workholding from July 1996 - April 2007; Engineering Manager and various other positions for Hayes Lemmerz and Motor Wheel Corporation from April 1989 - June 1996.

Ryan Levenson

Mr. Ryan J. Levenson serves as Director of the Company. Ryan Levenson is currently Principal and Portfolio Manager of Privet Fund Management LLC. Mr. Levenson currently serves as a director of Frequency Electronics, Inc (NASDAQ: FEIM) and Cicero, Inc. (OTC:CICN). Previously, Mr. Levenson served as a director of RELM Wireless, Inc., where he served as a member of the Audit Committee, and as a director and member of the Compensation, Organization and Corporate Governance Committee of Material Sciences Corp. from May 2013 until its sale in March 2014. Mr. Levenson also served as a member of the Board of Directors and Compensation and Audit Committees of The Middleby Corporation from May 2006 until November 2012. Prior to founding Privet Fund Management LLC in February 2007, Mr. Levenson served as Vice President of Business Development at MSI, a privately held building products distributor and construction services company, from 2003 until 2006. Prior to his service with MSI, Mr. Levenson served as a financial analyst for Cramer Rosenthal McGlynn's long/short equity hedge fund after working at SAC Capital Advisors LLC in a similar capacity.

Richard Burkhart

Mr. Richard R. Burkhart is Independent Director of the Company. He is Principal of Stoutheart Corporation, a private holding company that owns and operates various companies in the metals, forging and other industries. Mr. Burkhart has previously led or been a principal in a number of manufacturing companies including New Century Metals and Wotan North America, Stewart Bolling Company, Pratt & Whitney Engineering, Warner & Swasey Grinding as well as Force Tool and Century Simplimatic. He is currently a director of NMGG Ltd, a private, diversified machine tool manufacturer. Mr. Burkhart earned a BA in Economics from Denison University and an MBA from the Harvard Business School.

B. Christopher DiSantis

Mr. B. Christopher DiSantis is Independent Director of the Company. He is the Chief Executive Officer of H-D Advanced Manufacturing, a diversified motion control technology enterprise providing highly engineered products to the Aerospace and Industrial markets. Mr. DiSantis previously served as the CEO of Latrobe Specialty Metals, a manufacturer of premium alloys, until its successful merger with Carpenter Technology in 2012. He is also the former President of NYSE-traded Hawk Corporation, a global designer and manufacturer of friction technology solutions, which was acquired by Carlisle Companies in 2010. He holds an AB in Mathematics and Economics from Dartmouth College.

J. Philip Hunter

Mr. J. Philip Hunter is Independent Director of Hardinge Inc. Mr. Hunter retired in 2006 as a partner in Sayles & Evans, a law firm in Elmira, New York, where he was a partner for 35 years. Mr. Hunter has a juris doctorate degree from Cornell University. He is Hardinge's Secretary and a member of the Company's Nominating and Governance Committee. Mr. Hunter has particular knowledge in legal, regulatory and human resource affairs that strengthen the Board's collective ability to manage the Company.

Mitchell Quain

Mr. Mitchell I. Quain is Independent Director of Hardinge Inc. Since January 1, 2012, Mr. Quain has been a Senior Advisor to Carlyle Group, Inc., a global alternative asset manager since January 1, 2012. Mr. Quain was a Partner of One Equity Partners, a private investment firm (2010-2011). He was a Senior Director of ACI Capital Corp (2006-2010). Mr. Quain was Chairman of Register.Com, Inc., an internet services provider (2002-2005), and from 1997 to 2001 he was employed with ABN AMRO and its predecessors in several capacities including Vice Chairman. Mr. Quain has an M.B.A. degree from the Harvard Business School. Mr. Quain is Chairman of the Board of Directors of Magnetek, Inc. a publicly-traded manufacturer of digital power and motion control systems; a director of Astro-Med, Inc., a publicly-traded manufacturer of specialty printers and medical equipment; a director of RBC Bearings Inc., a publicly-traded specialty bearings manufacturer, and a director of Tecumseh Products, Inc. a publicly-traded manufacturer of refrigeration equipment. He is a member of Hardinge's Compensation and Nominating and Governance Committees. Mr. Quain's 36 years of investment and analysis experience with industrial companies, his working knowledge of capital markets gained from his experiences as an investment banker, his knowledge and experience as a Chartered Financial Analyst and his service as a director of other publicly-traded manufacturers, offer a valuable perspective to the Board of Directors.

James Silver

Mr. James Silver is Independent Director of the Company. He has been a Senior Managing Director of Egret Capital, a private equity firm, since 2006. Prior to joining Egret, Mr. Silver was Managing Director at private equity firm Charterhouse Group, focusing on industrial businesses including the machine tool industry, and turnaround situations. Mr. Silver has served on the Board of Directors of numerous public and private companies, and is currently the Chairman of the Board of T2 Corporation, a private electronics and information technology consulting business. Mr. Silver holds a BGS from the University of Michigan and an MBA from New York University's Leonard N. Stern School of Business.

R. Tony Tripeny

Mr. R. Tony Tripeny is Independent Director of Hardinge Inc., since February 15, 2012. Mr. Tripeny is Senior Vice President, Corporate Controller and Principal Accounting Officer of Corning Incorporated, a publicly-traded global, technology-based corporation headquartered in Corning, New York that operates in five market segments—display technologies, environmental technologies, optical communications, life sciences and specialty materials. He has held various other positions with Corning Incorporated including Vice President/Corporate Controller/Principal Accounting Officer (2009), Vice President/Corporate Controller (2005-2009), Division Vice President/Operations Controller (2004-2005), Group Controller, Corning Telecommunications Business (2003-2004) and various other financial roles (1985-2002). He has a B.S. degree from the University of Pennsylvania. Mr. Tripeny's extensive financial management experience with a large, publicly-traded, global manufacturing company and his in-depth knowledge of investor relations, business development and strategic financial issues enable him to offer a valuable perspective to the Board of Directors. He is also qualified to serve as a director because he is an "audit committee financial expert" as defined by SEC rules and, as such, serves as Chairman of Hardinge's Audit Committee. Mr. Tripeny is also a member of the Compensation and Nominating and Governance Committees.

Douglas Malone

Mr. Douglas J. Malone is Chief Financial Officer, Vice President of the company. Prior to which he was Controller and Chief Accounting Officer August 2008 - December 2013; Senior Vice President-Financial Planning and Analysis for Five Star Bank, a subsidiary of Financial Institutions, Inc., 2005 - 2008; Senior Vice President-Finance and Operations for Bath National Bank, a subsidiary of Financial Institutions, Inc., 2002 - 2005. Mr. Malone also served as a Senior Audit Manager and various other positions at KPMG LLP for a period of seven years.