People: Hurco Companies Inc (HURC.O)
HURC.O on Nasdaq
28.50USD
23 May 2013
28.50USD
23 May 2013
Price Change (% chg)
$0.04 (+0.14%)
$0.04 (+0.14%)
Prev Close
$28.46
$28.46
Open
$28.27
$28.27
Day's High
$28.64
$28.64
Day's Low
$28.21
$28.21
Volume
8,122
8,122
Avg. Vol
11,678
11,678
52-wk High
$30.50
$30.50
52-wk Low
$19.15
$19.15
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Michael Doar |
57 | 2013 | Chairman of the Board, Chief Executive Officer |
Gregory Volovic |
48 | 2013 | President |
John Oblazney |
44 | 2006 | Chief Financial Officer, Vice President, Treasurer, Secretary |
John Donlon |
55 | 2010 | Executive Vice President - Worldwide Sales and Service |
Sonja McClelland |
41 | 2004 | Corporate Controller, Assistant Secretary |
Robert Cruickshank |
67 | 2012 | Presiding Independent Director |
Philip James |
70 | 2007 | Independent Director |
Michael Mazza |
48 | 2006 | Independent Director |
Andrew Niner |
35 | 2012 | Independent Director |
Richard Porter |
57 | 2012 | Independent Director |
Janaki Sivanesan |
41 | 2008 | Independent Director |
Ronald Strackbein |
71 | 2012 | Independent Director |
Biographies
| Name | Description |
|---|---|
Michael Doar |
Mr. Michael Doar is Chairman of the Board, Chief Executive Officer of Hurco Companies Inc. He served as President of the Company. He has been a member of the Board of Directors since 2000. Mr. Doar was elected Chairman of the Board of Directors and Company's Chief Executive Officer in fiscal 2001. He was appointed to the additional office of President in November 2009. Prior to joining Hurco, Mr. Doar served as Vice President of Sales and Marketing of Ingersoll Contract Manufacturing Company, a subsidiary of Ingersoll International, an international engineering and machine tool systems business, having previously held various management positions with Ingersoll International from 1989. Mr. Doar also serves as a director of Twin Disc, Incorporated, a manufacturer of marine and heavy duty off-highway power transmission equipment. |
Gregory Volovic |
Mr. Gregory S. Volovic has been appointed as President of Hurco Companies Inc., effective March 14, 2013. He served as Executive Vice President - Technology & Operations and North American Sales/Service of the Company. He has been employed by the company since March 2005. Mr. Volovic previously held the position of Executive Vice President, Software & Engineering until October 2009. Prior to joining the Company, Mr. Volovic held various positions with Thomson, Inc. including Director of E-Business, Engineering, and Information Technology. Prior to that, Mr. Volovic was employed by Unisys Corporation. |
John Oblazney |
Mr. John G. Oblazney is Chief Financial Officer, Vice President, Treasurer, Secretary of Hurco Companies, Inc., September 2006. Prior to joining the Company, Mr. Oblazney served as the Chief Financial Officer of Carrier Corporation’s Light Commercial Business, a division of United Technologies Corporation, since December 2005. Prior to that, Mr. Oblazney served in various other financial positions with Carrier Corporation from 2000 to 2005. Prior to joining Carrier Corporation, Mr. Oblazney was employed for six years with Cooper Industries and employed for three years by an international public accounting firm. |
John Donlon |
Mr. John P. Donlon is Executive Vice President - Worldwide Sales and Service of Hurco Companies Inc., since April 2010. Prior to joining the Company, Mr. Donlon served as the Vice President of Sales for Yaskawa America Robotics since 2008. From 2004 to 2008, Mr. Donlon served as the Vice President of Sales and Marketing for Ansaldo STS, a worldwide supplier of automation technologies to the rail industry. Earlier in his career, Mr. Donlon held executive sales and management positions with other multi-national companies including Honeywell and ABB, and he has international experience in the emerging markets of China, Russia and Brazil. |
Sonja McClelland |
Ms. Sonja K. McClelland is Corporate Controller, Assistant Secretary of Hurco Companies, Inc. Ms. McClelland has been employed the Company since September 1996 and was elected as the Company's Corporate Controller and Assistant Secretary in November 2004. Ms. McClelland served as Corporate Accounting Manager from September 1996 to 1999, then as Division Controller for Hurco USA from September 1999 to November 2004. Prior to joining the Company, Ms. McClelland was employed for three years by an international public accounting firm. |
Robert Cruickshank |
Mr. Robert W. Cruickshank is Presiding Independent Director of Hurco Companies Inc., since June 2012. Mr. Cruickshank has been a member of the Board of Directors since 2000. Mr. Cruickshank has been a consultant since 1981. Mr. Cruickshank is also a director of Calgon Carbon Corporation, a producer of products and services for the purification, reparation and concentration of liquids and gases. |
Philip James |
Mr. Philip James is Independent Director of Hurco Companies Inc. Mr. James is President of James Consulting Associates LLC, a firm that provides strategic advice to senior management of global manufacturing companies, with special emphasis on China. Mr. James has conducted business in China for over 25 years. Previously, Mr. James served as Chief Executive Officer of Ingersoll Production Systems, a subsidiary of Dalian Machine Tool Group, a Chinese machine tool manufacturer. |
Michael Mazza |
Mr. Michael P. Mazza is Independent Director of Hurco Companies, Inc. Mr. Mazza is an attorney specializing in intellectual property law, and the principal of his law firm, Michael P. Mazza, LLC in Chicago. Previously, he was associated with Niro, Scavone, Haller & Niro, a Chicago intellectual property law firm. |
Andrew Niner |
Mr. Andrew Niner is Independent Director of Hurco Companies, Inc., since March 2012. Mr. Niner is a partner at Pacific Legacy Capital, a California based private equity group focused on investing in lower middle market companies. Previously, Mr. Niner was a restructuring advisor at a global distribution company and a strategy manager at Levi Strauss & Company. Mr. Niner earned his Masters of Business Administration from the University of California at Berkeley and is a CFA Charterholder. |
Richard Porter |
Mr. Richard Porter is Independent Director of Hurco Companies, Inc., since March 2012. Mr. Porter has managed a private equity portfolio of manufacturing companies since 2007. Previously he was President of CB Manufacturing, a cutting tool company, and President of Ingersoll Contract Manufacturing Company, a subsidiary of Ingersoll International. |
Janaki Sivanesan |
Ms. Janaki Sivanesan is Independent Director of Hurco Companies, Inc., since 2008. Ms. Sivanesan is a practicing attorney and founding principal of a private equity firm focused on middle market investments. She previously served as a partner at a New York law firm. She was admitted to the bars of the State of New York and Georgia in 2007 and 1996, respectively. Ms. Sivanesan's has experience in a wide range of corporate transactions, from mergers and acquisitions to corporate finance, including public offerings of securities and private equity and venture capital transactions. Ms. Sivanesan also has experience in cross border transactions related to manufacturing and outsourcing, and is particularly knowledgeable with respect to business operations in India. |
Ronald Strackbein |
Mr. Ronald Strackbein is Independent Director of Hurco Companies, Inc., since March 2012. Mr. Strackbein has been a self-employed private investor for more than twenty years. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Michael Doar |
1,359,220 |
Gregory Volovic |
784,018 |
John Oblazney |
592,097 |
John Donlon |
604,484 |
Sonja McClelland |
448,805 |
Robert Cruickshank |
-- |
Philip James |
-- |
Michael Mazza |
-- |
Andrew Niner |
-- |
Richard Porter |
-- |
Janaki Sivanesan |
-- |
Ronald Strackbein |
-- |
As Of 30 Oct 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Michael Doar |
80,167 | 1,899,425 |
Gregory Volovic |
0 | 0 |
John Oblazney |
0 | 0 |
John Donlon |
0 | 0 |
Sonja McClelland |
1,000 | 21,605 |
Robert Cruickshank |
0 | 0 |
Philip James |
0 | 0 |
Michael Mazza |
0 | 0 |
Andrew Niner |
0 | 0 |
Richard Porter |
0 | 0 |
Janaki Sivanesan |
0 | 0 |
Ronald Strackbein |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
CRUICKSHANK ROBERT W |
300 | $24.75 |
CRUICKSHANK ROBERT W |
1,866 | $24.75 |
CRUICKSHANK ROBERT W |
2,500 | $25.25 |
MAZZA MICHAEL PATRICK |
890 | $0.00 |
NINER ANDREW SHEELEY |
890 | $0.00 |
CRUICKSHANK ROBERT W |
890 | $0.00 |
JAMES PHILIP |
890 | $0.00 |
SIVANESAN JANAKI |
890 | $0.00 |
PORTER RICHARD R |
890 | $0.00 |
STRACKBEIN RONALD G |
890 | $0.00 |
OBLAZNEY JOHN G |
2,146 | $0.00 |
VOLOVIC GREGORY S |
2,575 | $0.00 |
MCCLELLAND SONJA K |
1,717 | $0.00 |
DONLON JOHN P |
2,253 | $0.00 |
DOAR MICHAEL |
4,292 | $0.00 |
NINER ANDREW SHEELEY |
488 | $26.58 |
SIVANESAN JANAKI |
300 | $26.90 |
SIVANESAN JANAKI |
500 | $26.95 |
SIVANESAN JANAKI |
500 | $26.60 |
SIVANESAN JANAKI |
450 | $26.60 |
SIVANESAN JANAKI |
250 | $26.75 |
SIVANESAN JANAKI |
925 | $0.00 |
JAMES PHILIP |
925 | $0.00 |
PORTER RICHARD R |
925 | $0.00 |
MAZZA MICHAEL PATRICK |
925 | $0.00 |

