People: Joy Global Inc (JOY)
JOY on New York Consolidated
56.82USD
22 May 2013
56.82USD
22 May 2013
Price Change (% chg)
$-2.13 (-3.61%)
$-2.13 (-3.61%)
Prev Close
$58.95
$58.95
Open
$58.50
$58.50
Day's High
$58.60
$58.60
Day's Low
$56.53
$56.53
Volume
2,843,006
2,843,006
Avg. Vol
2,252,659
2,252,659
52-wk High
$69.19
$69.19
52-wk Low
$47.69
$47.69
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
John Hanson |
71 | 2006 | Independent Chairman of the Board |
Michael Sutherlin |
66 | 2006 | President, Chief Executive Officer, Director |
James Sullivan |
52 | 2012 | Chief Financial Officer, Executive Vice President |
Sean Major |
48 | 2007 | Executive Vice President, General Counsel, Secretary |
Johan Maritz |
53 | 2012 | Executive Vice President - Human Resources |
Randal Baker |
49 | 2013 | Corporate Chief Operating Officer, Executive Vice President |
Edward Doheny |
50 | 2013 | President, Chief Executive Officer |
Richard Loynd |
85 | 2007 | Lead Independent Director |
Steven Gerard |
67 | 2001 | Independent Director |
John Gremp |
61 | 2011 | Independent Director |
Gale Klappa |
62 | 2006 | Independent Director |
P. Eric Siegert |
47 | 2001 | Independent Director |
James Tate |
65 | 2008 | Independent Director |
Biographies
| Name | Description |
|---|---|
John Hanson |
Mr. John Nils Hanson is Independent Chairman of the Board of Joy Global Inc. He previously served as the President and Chief Executive Officer from 1999 to 2006. Mr. Hanson ran a series of industrial product and capital goods businesses before joining Joy Technologies Inc. in 1990, where he served as President of the Underground Mining Machinery Division until its acquisition in 1995. He has a Ph.D. in nuclear engineering/reactor physics. Mr. Hanson has also served as a director of Arrow Electronics, Inc. since 1998. |
Michael Sutherlin |
Mr. Michael W. Sutherlin is no longer President, Chief Executive Officer, Director of Joy Global Inc., effective December 2013. Mr. Sutherlin was Executive Vice President of the corporation and President and Chief Operating Officer of subsidiary, Joy Mining Machinery, from 2003 to 2006. Mr. Sutherlin is also a director of Tesco Corporation since March 2012 and previously served as a director of Tesco Corporation from September 2002 until August 2011. Prior to joining Joy Global, Mr. Sutherlin was President and Chief Operating Officer of Varco International, Inc. |
James Sullivan |
Mr. James M. Sullivan is Chief Financial officer, Executive Vice President of Joy Global Inc. He previously served as Chief Financial Officer of Solutia, Inc. from 2004 until July 2012. Mr. Sullivan also served as Solutia’s Executive Vice President from 2009 until his departure and previously served as Senior Vice President from 2004 through 2009 and Treasurer from 2004 through 2011. |
Sean Major |
Mr. Sean D. Major is Executive Vice President, General Counsel, Secretary of Joy Global Inc. From 1998 to 2006 Mr. Major was a corporate officer of Johnson Controls, Inc., most recently Assistant General Counsel and Assistant Secretary. |
Johan Maritz |
Mr. Johan S. Maritz is Executive Vice President - Human Resources of Joy Global Inc. From February 2007 to December 2012 he served as Vice President, Human Resources of Joy Mining Machinery. |
Randal Baker |
Mr. Randal W. Baker has been appointed as the Corporate Chief Operating Officer, Executive Vice President of Joy Global Inc., effective December 2013. He is no longer and President and Chief Operating Officer of P&H Mining Equipment Inc., a subsidiary of the Company, effective December 2013. He has served as Executive Vice President of Joy Global and as President and COO of the Surface Mining Equipment division since 2009. Before coming to Joy Global, Mr. Baker had 23 years of domestic and international marketing, operations, service support and quality systems experience in the construction, mining and agricultural equipment industries. Prior to joining Joy Global, Mr. Baker was President and CEO of Case IH Agriculture Inc. from 2004 to 2009, and from 2000 to 2004 he served as Vice President and General Manager of Komatsu Mining Systems. Mr. Baker holds a Bachelor of Science degree in mining engineering from South Dakota School of Mines and Technology. |
Edward Doheny |
Mr. Edward L. Doheny, II, has been appointed as the President, Chief Executive Officer of Joy Global Inc., effective December 2013. He is no longer Executive Vice President of the Company and President and Chief Operating Officer of Joy Mining Machinery, a subsidiary of the Company, effective December 2013. He has served as Executive Vice President of Joy Global and as President and COO of the Underground Mining Equipment division since 2006. Prior to joining Joy Global, he spent 20 years with Ingersoll-Rand Corporation in a series of senior executive positions of increasing responsibility. While there, Mr. Doheny served as President of Industrial Technologies from 2003 to 2005, President of Shared Services in 2003, and previously as President of the Air Solutions Group. Mr. Doheny holds a Bachelor’s degree in Engineering from Cornell University and a Master’s degree in Management from Purdue University. |
Richard Loynd |
Mr. Richard B. Loynd is Lead Independent Director of Joy Global Inc. He is President of Loynd Capital Management. Mr. Loynd was formerly Chairman of the Board and Chief Executive Officer of Furniture Brands International, Inc., and previously served as Chairman and/or Chief Executive Officer, or as a director, of a number of public companies doing business in the industrial and consumer product areas. |
Steven Gerard |
Mr. Steven L. Gerard is Independent Director of Joy Global Inc. He is Chairman and Chief Executive Officer of CBIZ, Inc., provider of integrated business services and products headquartered in Cleveland, Ohio. Mr. Gerard has served as Chief Executive Officer and a director since 2000 and as Chairman since 2002. Mr. Gerard is a director of Lennar Corporation since 2000. |
John Gremp |
Mr. John T. Gremp is Independent Director of Joy Global Inc. He is Chairman and Chief Executive Officer for FMC Technologies, Inc. Mr. Gremp has served as Chief Executive Officer of FMC Technologies, Inc., manufacturer of drilling equipment since March 2011 and as Chairman since November 2011. Mr. Gremp previously served as President and Chief Operating Officer from April 2010 to February 2011 and as Executive Vice President of FMC Technologies’ Energy Systems business from January 2007 to March 2010. He served as Vice President of FMC Technologies’ Energy Production Systems business from 2004 to December 2006. Mr. Gremp previously served in a series of management positions of increasing responsibility after joining the company in 1975. He has served as a director of FMC Technologies, Inc. since 2011. |
Gale Klappa |
Mr. Gale E. Klappa is Independent Director of Joy Global Inc. He is Chairman, President and Chief Executive Officer of Wisconsin Energy Corporation, a Milwaukee-based holding company with subsidiaries in utility and non-utility businesses since 2004. Mr. Klappa has 20 years of experience working at a senior executive level in the public utility industry, including service as the Executive Vice President, Chief Financial Officer and Treasurer of The Southern Company. In connection with his service to Wisconsin Energy Corporation, Mr. Klappa also serves as Chairman, President and Chief Executive Officer of Wisconsin Energy’s public utility subsidiaries, Wisconsin Electric Power Company, which is an SEC reporting company, and Wisconsin Gas LLC. Since 2010, Mr. Klappa has also served as a director of Badger Meter, Inc., a publicly traded leader in the development and manufacture of flow management solutions. |
P. Eric Siegert |
Mr. P. Eric Siegert is Independent Director of Joy Global Inc. He is Senior Managing Director of Houlihan Lokey Howard & Zukin, an international investment banking firm. |
James Tate |
Mr. James H. Tate is Independent Director of Joy Global Inc. He is an Independent consultant. From 2005 to 2006, Mr. Tate was Executive Vice President, Chief Administrative Officer, and Chief Financial Officer of TIMCO Aviation Services, Inc. Mr. Tate previously served as the Senior Vice President and Chief Financial Officer of Thermadyne Holdings Corporation from 1995 to 2004. Mr. Tate also served as co's acting Chief Financial Officer from March 4, 2008 to December 9, 2008. Mr. Tate’s career also includes 18 years as an accountant with Ernst & Young, LLP, including six years as an audit partner. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
John Hanson |
5,305,850 |
Michael Sutherlin |
7,854,770 |
James Sullivan |
-- |
Sean Major |
1,379,680 |
Johan Maritz |
-- |
Randal Baker |
2,475,340 |
Edward Doheny |
2,513,340 |
Richard Loynd |
-- |
Steven Gerard |
-- |
John Gremp |
-- |
Gale Klappa |
-- |
P. Eric Siegert |
-- |
James Tate |
306,929 |
As Of 25 Oct 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
John Hanson |
546,325 | 14,961,580 |
Michael Sutherlin |
328,100 | 13,124,880 |
James Sullivan |
0 | 0 |
Sean Major |
25,000 | 641,700 |
Johan Maritz |
0 | 0 |
Randal Baker |
8,334 | 386,045 |
Edward Doheny |
127,601 | 5,910,150 |
Richard Loynd |
0 | 0 |
Steven Gerard |
0 | 0 |
John Gremp |
0 | 0 |
Gale Klappa |
0 | 0 |
P. Eric Siegert |
0 | 0 |
James Tate |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
KLAPPA GALE E |
33 | $0.00 |
SIEGERT PAUL ERIC |
92 | $0.00 |
SULLIVAN JAMES MICHAEL |
42 | $0.00 |
SUTHERLIN MICHAEL W |
83 | $0.00 |
HANSON JOHN NILS |
100 | $0.00 |
TATE JAMES H |
92 | $0.00 |
MAJOR SEAN JOHN D |
37 | $0.00 |
GERARD STEVEN L |
92 | $0.00 |
DOHENY EDWARD L II |
101 | $0.00 |
GREMP JOHN T |
7 | $0.00 |
BAKER RANDAL W |
83 | $0.00 |
MARITZ JOHANNES S |
22 | $0.00 |
LOYND RICHARD B |
92 | $0.00 |
AGNEW JAMES E |
7 | $0.00 |
DOHENY EDWARD L II |
7,000 | $0.00 |
BAKER RANDAL W |
5,000 | $0.00 |
LOYND RICHARD B |
1,095 | $62.16 |
GREMP JOHN T |
1,379 | $0.00 |
KLAPPA GALE E |
1,379 | $0.00 |
HANSON JOHN NILS |
1,379 | $0.00 |
SIEGERT PAUL ERIC |
1,379 | $0.00 |
GERARD STEVEN L |
1,379 | $0.00 |
TATE JAMES H |
1,379 | $0.00 |
LOYND RICHARD B |
1,379 | $0.00 |
MAJOR SEAN JOHN D |
10,000 | $21.69 |

