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Sun Hydraulics Corp (SNHY.OQ)

SNHY.OQ on NASDAQ Stock Exchange Global Select Market

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24 Feb 2017
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Summary

Name Age Since Current Position

Philippe Lemaitre

66 2013 Non-Executive Independent Chairman of the Board

Wolfgang Dangel

52 2016 President, Chief Executive Officer, Director

Tricia Fulton

48 2006 Chief Financial Officer

Mark Bokorney

50 2013 Officer

Tim Twitty

48 2007 Officer

Douglas Britt

51 2016 Director

David Grzelak

65 2015 Director

Marc Bertoneche

68 2001 Independent Director

John Kahler

75 1998 Independent Director

Christine Koski

59 2000 Independent Director

Alexander Schuetz

48 Independent Director

David Wormley

75 1992 Independent Director

David Lamb

2015 IR Contact Officer

Biographies

Name Description

Philippe Lemaitre

Mr. Philippe J. Lemaitre has been appointed as Non-Executive Independent Chairman of the Board of Sun Hydraulics Corporation effective May 29, 2013. He retired in November 2006 as Chairman, President and Chief Executive Officer of Woodhead Industries, Inc., a publicly-held automation and electrical products manufacturer, upon its sale to Molex. Before joining Woodhead in 1999, Mr. Lemaitre was Corporate Vice President and Chief Technology Officer of AMP, Inc. and was also in charge of AMP Computer and Telecom Business Group Worldwide. Prior to joining AMP, Mr. Lemaitre was an Executive Vice President of TRW, Inc. and also General Manager of TRW Automotive Electronics Group Worldwide. He previously held various management and research engineering positions with TRW, Inc., International Technegroup, Inc., General Electric Company and Engineering Systems International. Mr. Lemaitre also serves as a director of Multi-Fineline Electronix, Inc. (MFLX), and was appointed as Chairman of the Board in March 2011. He holds a Master of Civil Engineering degree from Ecole Spéciale des Travaux Publics, Paris, France, and a Master of Science degree from the University of California at Berkeley, California.

Wolfgang Dangel

Mr. Wolfgang H. Dangel has been re-designated as President, Chief Executive Officer, Director of the Company., effective April 1, 2016 . He has served as Independent Director of Sun Hydraulics Corporation. He has been a consultant to the Schaeffler Holding Company since January 1, 2014. From September 2011 to December 2013, he served as President of Schaeffler Automotive Global and a member of the Executive Board of the Schaeffler Group and, from January 2007 to September 2011, as President of Schaeffler Group Asia/Pacific and a member of the Extended Management Board of Schaeffler Group (Global). Mr. Dangel previously served as President and CEO of Bosch Rexroth North America, from January 2001 to December 2006. Prior to that, he was affiliated with other Mannesmann and Rexroth companies, including as Managing Director and Chairman of the Management Board of Mannesmann Rexroth (China) Ltd. from June 1996 to December 2000. Mr. Dangel also serves as a director of Double Rocker Holdings, Inc. and Womack Machine Supply and previously served as a member of directors of the National Fluid Power Association. He holds a Masters Degree in Economics from the University of Applied Sciences in Rosenheim, Germany. Mr. Dangel has served as a Director of the Company since June 2009.

Tricia Fulton

Ms. Tricia L. Fulton is Chief Financial Officer of Sun Hydraulics Corporation. She joined the Company in March 1997 and held positions of increasing responsibility, including Corporate Controller, prior to being named Chief Financial Officer on March 4, 2006. From July 1995 to March 1997, Ms. Fulton served as the Director of Accounting for Plymouth Harbor. From November 1991 to July 1995, she served in various financial capacities for Loral Data Systems. From September 1989 to September 1991, Ms. Fulton was an auditor with Deloitte & Touche. Ms. Fulton is a graduate of Hillsdale College and the General Management Program at the Harvard Business School. She serves on the board of directors of the National Fluid Power Association and as chairperson of the association’s Future Leaders Network.

Mark Bokorney

Mr. Mark B. Bokorney serves as a Officer of Sun Hydraulics Corporation. He joined the Company in July 1996 and has held various positions in the engineering, marketing and product management areas. He was named an Officer in March 2013. From April 1992 until June 1996, Mr. Bokorney served in an engineering capacity for Vickers Incorporated, a wholly-owned subsidiary of Trinova Corporation. From May 1986 until March 1992, he served in an engineering capacity for the fluid power division of Dana Corporation. Mr. Bokorney graduated from Oklahoma State University with a B.S. and from Bowling Green State University with an MBA.

Tim Twitty

Mr. Tim A. Twitty is Officer of Sun Hydraulics Corporation. He joined the Company in November 1993, serving in positions of increasing responsibility. He is primarily involved with factory automation, process development and manufacturing operations. He was named an Officer on March 3, 2007. Mr. Twitty is a graduate of the University of South Florida, Vincennes University and the Advanced Management Program at the Harvard Business School. He serves as a member of the board of directors of Sarasota Manatee Manufacturers Association.

Douglas Britt

Mr. Douglas M. Britt serves as Director of the Company. Prior to joining Flex, Mr. Britt served as Corporate Vice President for Future Electronics, a $5B company that distributes electronics. In this role, he was responsible for managing Sales, Engineering and Operations and accountable for profit and loss for Future’s largest business. Before that, he served for two years as Senior Vice President of Worldwide Sales, Marketing, and Operations for Silicon Graphics, where he grew revenues in excess of 25 percent in 2008 and helped position the company for acquisition by Rackable Systems in 2009. Previously, Mr. Britt spent seven years in positions of increasing responsibility at Solectron, culminating his career there as Executive Vice President where he was responsible for Solectron’s customer business segments including Sales, Marketing and Account and Program management functions. In this role, he was accountable for profit and loss and led a 30 percent increase in revenues during his three-year tenure as Executive Vice President. Mr. Britt earned a bachelor’s degree in business administration from California State University, Chico, and attended executive education programs throughout Europe, including at the University of London.

David Grzelak

Mr. David W. Grzelak is an Director of the Company. Mr. Grzelak retired, effective June 30, 2013, as the Chairman of the Board and CEO of Komatsu America Corporation. Since that time, he has been an Executive Mining Advisor for Komatsu’s Ltd.’s Global Mining Business Division in Tokyo, Japan. Since 2006, Mr. Grzelak has served as a Director of Alamo Group (NYSE: ALG) and is a member of Alamo’s Audit, Compensation and Nomination Committees. Since 2005, he has served on the Advisory Board of Leonhard Center for the Enhancement of Engineering Education, Pennsylvania State University. Mr. Grzelak received a BS in Industrial Engineering at Pennsylvania State University in 1971 and a MBA from Gannon University in 1976. In 2012, he finished the Corporate Governance: Effectiveness and Accountability in the Board Room Program at Northwestern’s Kellogg School of Management. Mr. Grzelak was inducted into Penn State Behrend’s Athletic Hall of Fame in 1992 and, in 2010, received the Alumni Fellow Award by Penn State University, the most prestigious award presented by the Penn State Alumni Association. He also received the Penn State College of Engineering Outstanding Alumnus Award in 1999, and Gannon University Distinguished Master’s Degree Alumnus Award in 2001. In December 2012, Mr. Grzelak was the commencement speaker at Gannon University and was awarded an Honorary Degree of Doctor Humane Letters.

Marc Bertoneche

Dr. Marc Bertoneche is Independent Director of Sun Hydraulics Corporation. He is an Emeritus Professor in Business Administration at the University of Bordeaux in France, and was on the Faculty of INSEAD, the European Institute of Business Administration in Fontainebleau, France, for more than 20 years. He is a Visiting Professor of Finance at the Harvard Business School and an Associate Fellow at the University of Oxford. He is a graduate of University of Paris and earned his MBA and PhD from Northwestern University. He has served as a Director of the Company since August 2001. As an academic and a consultant to universities and businesses throughout the world, Dr. Bertoneche is exposed to diverse business leaders and brings a global perspective and depth of experience in the finance area.

John Kahler

Mr. John S. Kahler is Independent Director of Sun Hydraulics Corporation. He served as President, CEO and a Director of Cincinnati Incorporated, a company in which he filled various leadership positions for 16 years, until his retirement in February 2005. A graduate of Carnegie Mellon University and the Harvard Business School, Mr. Kahler has served as a Director of Sun since 1998.

Christine Koski

Ms. Christine L. Koski is Independent Director of Sun Hydraulics Corporation. She joined the executive team of nMetric, LLC as head of marketing in July 2006 and has served as its President and Chief Executive Officer since January 2011. Prior to joining nMetric, Ms. Koski founded Koski Consulting Group, Inc. in June 2001 to work with start-up companies in the area of business strategy and marketing. From 1980 through 2000, Ms. Koski held various positions in sales, product management, purchasing, sales management, and international marketing management with Celanese A.G. or its former affiliates, including Celanese Ltd., Hoechst AG and Hoechst Celanese Chemical Group Ltd. Ms. Koski has served as a Director of the Company since May 2000. She also serves on the board of directors of Oragenics, Inc. (ORNI) and as a director of Cheltec, Inc. Ms. Koski is also a member of the National Association of Corporate Directors, Dallas Chapter, and is an alumnus of Harvard’s Corporate Board Effectiveness Program led by Professor Jay Lorsch. As the daughter of the Company’s founder, Ms. Koski has a unique understanding of the Company’s culture. Her international sales and marketing background contribute to the Board’s overall level of experience in these areas. Ms. Koski graduated from St. Lawrence University with a BS degree in chemistry and received an Executive MBA degree from Southern Methodist University.

Alexander Schuetz

Dr. Alexander Schuetz serves as the Director of Sun Hydraulics Corporation. He serves as CEO of Knauf Engineering GmbH, an engineering company in the gypsum based construction materials industry. Prior to joining Knauf in February 2009, Dr. Schuetz held various management positions for more than 10 years in Finance, Business Development, Mergers & Acquisitions, Project Management and General Management in the fluid power industry at Mannesmann and Bosch Rexroth, including as CEO of Rexroth Mexico and Central America from August 2000 to August 2007. From 1998 to 2000, he was based in Beijing, China and was responsible for the Finance, Tax and Legal division at Mannesmann (China) Ltd., the holding company for a number of affiliated companies of the Mannesmann Group, including Rexroth, Demag, Sachs and VDO. Dr. Schuetz holds a Ph.D. in international commercial law from the University of Muenster, Germany. In 2003, Dr. Schuetz completed the Robert Bosch North America International General Management Program at Carnegie Mellon University. Dr. Schuetz has served as a Director of the Company since June 2014. With more than 10 years working in the fluid power industry and extensive experience in major growth regions of the world, including Asia and Latin America, Dr. Schuetz brings global insights into markets and customers to Sun.

David Wormley

Dean., Dr. David N. Wormley, Ph.D., is Independent Director of Sun Hydraulics Corporation. He served as the Dean of the Engineering School at Pennsylvania State University until he was named Dean Emeritus on January 1, 2014. Dr. Wormley taught at Penn State since 1992. He previously served as Associate Dean of Engineering at the Massachusetts Institute of Technology (MIT) from 1991 to 1992, and Head of MIT’s Department of Mechanical Engineering from 1982 to 1991. He is past president of the American Society for Engineering Education and is a fellow in the American Society of Mechanical Engineers. Dr. Wormley has served as a Director of the Company since December 1992. He also served as a director of Michael Baker Corporation from May 2008 until October 2013. He is an engineer and earned his Ph.D. from the Massachusetts Institute of Technology.

David Lamb