People: Thermon Group Holdings Inc (THR)

Summary

Name	Age	Since	Current Position
Charles Sorrentino	67	2011	Independent Chairman of the Board
Rodney Bingham	61	2009	President, Chief Executive Officer, Director
Jay Peterson	55	2010	Chief Financial Officer, Senior Vice President - Finance, Secretary
George Alexander	61	2011	Executive Vice President - Global Sales
Johannes van der Salm	48	2011	Senior Vice President - Global Operations
Marcus George	42	2010	Director
Richard Goodrich	68	2010	Independent Director
Kevin McGinty	63	2012	Independent Director
John Nesser	63	2012	Independent Director
Michael Press	65	2011	Independent Director
Stephen Snider	64	2011	Independent Director

» Insider Trading

Biographies

Name	Description
Charles Sorrentino	Mr. Charles A. Sorrentino has been appointed as Independent Chairman of the Board of Thermon Group Holdings Inc. He has served as a director since April 2010 and as Chairman of the Board since the completion of IPO in May 2011. Most recently, he served at Houston Wire & Cable Co. (NASDAQ:HWCC) as President and Chief Executive Officer from 1998 until his retirement in 2011. Prior to joining Houston Wire & Cable Co., he served as President of Pameco Corporation (NYSE:PCN), a national heating, ventilation, air conditioning and refrigeration distributor, from 1994 to 1998. Pameco was a $600 million distributor that was listed on the NYSE following an IPO in 1997 and was later merged into a larger company. Prior to working with Pameco, Mr. Sorrentino served with PepsiCo, Inc. (NYSE:PEP) for nine years. During this time, he held a variety of positions, including Subsidiary President, Division Vice President and Region Vice President. After completing college, he served twelve years with United Technologies (Sundstrand Corporation) (NYSE:UTX), a manufacturer of industrial, heating and air conditioning components in a variety of engineering, sales, marketing and executive management functions. Mr. Sorrentino also serves as a director of GSE Holding, Inc. (NYSE:GSE). Mr. Sorrentino earned a M.B.A. from the University of Chicago and a B.S. in Mechanical Engineering from Southern Illinois University. He also served in the United States Marine Corps.
Rodney Bingham	Mr. Rodney L. Bingham is President, Chief Executive Officer, Director of Thermon Group Holdings Inc., since April 2009. He joined Thermon in April 1971 and has over 40 years of experience in various senior management roles within the Company. Under Mr. Bingham's leadership, the Company completed its IPO in May 2011. Mr. Bingham has been instrumental in the development and introduction of several key heat tracing products which advanced the state of the industry, including the first parallel resistance, cut-to-length heating cables and the first pipe-mounted power termination assemblies in the industry. Mr. Bingham has been involved in the IEEE since 1974, and has been a member of the Petroleum and Chemical Industry Committee within the IEEE for over 15 years. He also served on the Power Engineering Society Working Group for the Development of Heat Tracing Standards (IEEE 622).
Jay Peterson	Mr. Jay C. Peterson is Chief Financial Officer, Senior Vice President - Finance, Secretary of Thermon Group Holdings Inc. He joined Thermon in July 2010 as Chief Financial Officer. Prior to joining Thermon, Mr. Peterson held positions as Chief Financial Officer, Vice President of Finance, Senior Director of Finance, Secretary and Treasurer at Forgent Networks, Inc, a NASDAQ listed company. Mr. Peterson started with Forgent Networks in 1995 and was named Chief Financial Officer in 2001. Before joining Forgent Networks, Mr. Peterson was Assistant Controller in Dell Computer Corporation's $1B Direct division. He also spent 11 years in various financial management positions with IBM Corporation. Mr. Peterson holds an M.B.A. and a B.A. from the University of Wisconsin.
George Alexander	Mr. George P. Alexander is Executive Vice President - Global Sales of Thermon Group Holdings Inc. He joined Thermon in August 1971 working in the production department. He then spent time in various senior management roles before accepting the role of Senior Vice President, Eastern Hemisphere in 2005. Mr. Alexander assumed responsibility for the Company's global sales and marketing effort in his current role as Executive Vice President, Global Sales in 2011. During Mr. Alexander's tenure with the Company, he established the Company as the primary supplier for heat tracing systems to the nuclear power generation industry and co-authored IEEE 622 "IEEE Recommended Practice for the Design and Installation of Electric Pipe Heating Systems for Nuclear Power Generating Stations" published in 1979. Mr. Alexander initiated the formation of Thermon's Customer Advisory Council. This Council consists of twelve representatives of corporations from the refining and chemical industries. They, along with the Company's Distributor Council, provide management with essential feedback regarding current and future industry practices and needs. Mr. Alexander holds a B.S. in Mathematics from Texas State University.
Johannes van der Salm	Mr. Johannes van der Salm is Senior Vice President - Global Operations of Thermon Group Holdings Inc. He joined Thermon in October 2001 as European Logistics Manager. In 2006, Mr. van der Salm was promoted to Vice President, Manufacturing and Logistics. During that period he divided his time between the U.S. and European operations. In 2007, Mr. van der Salm relocated to the United States and was promoted to Senior Vice President, Operations. He has been instrumental in the global implementation of the Company's ERP software. Mr. van der Salm holds a B.S. in Mechanical Engineering from the Amsterdam Technical University. After fulfilling his military service, he worked as Sales Engineer, Project Manager and Production Manager in supplying the petrochemical industry prior to joining Thermon.
Marcus George	Mr. Marcus J. George is Director of Thermon Group Holdings Inc., since April 2010. Mr. George is a partner at the private equity firm CHS Capital LLC ("CHS"). He joined CHS in 1997 and was promoted to partner in 2007. Prior to joining CHS, Mr. George was employed by Heller Financial, Inc. in the Corporate Finance Group. He also worked for KPMG. Mr. George holds a B.B.A. from the University of Notre Dame and an M.B.A. from the University of Chicago. Mr. George serves on the Board of Directors of GSE Holding, Inc. (NYSE:GSE) and Dura-Line Holdings, Inc. and has served as a director of Waddington North America, Inc and KB Alloys, LLC.
Richard Goodrich	Mr. Richard E. Goodrich is Independent Director of Thermon Group Holdings Inc., since April 2010. He is a retired Executive Vice President and Chief Financial Officer of Chicago Bridge & Iron Company N.V. (NYSE:CBI), an engineering, procurement and construction company that provides services to customers in the chemicals and energy industries. Prior to retiring, he served as Executive Vice President and Chief Financial Officer of CBI from 2001 to 2005, and as acting Chief Financial Officer until June 2006. Mr. Goodrich also serves as a director of GSE Holding, Inc. (NYSE:GSE) and Chart Industries (NASDAQ:GTLS). He is a Certified Public Accountant having been certified in the District of Columbia in November 1970.
Kevin McGinty	Mr. Kevin J. McGinty has been appointed as Independent Director of Thermon Group Holdings Inc., effective June 15, 2012. He is a Managing Director of Peppertree Capital Management, Inc. ("Peppertree"), a private equity fund management firm. Prior to founding Peppertree in January 2000, Mr. McGinty served as a Managing Director of Primus Venture Partners during the period from 1990 to December 1999. In both organizations Mr. McGinty was involved in private equity investing, both as a principal and as a limited partner. From 1970 to 1990, Mr. McGinty was employed by Society National Bank, now KeyBank, N.A., where in his final position he was an Executive Vice President. Mr. McGinty received his undergraduate degree in economics from Ohio Wesleyan University and his MBA in finance from Cleveland State University. Mr. McGinty has over 40 years of experience in the banking and private equity industries, including 20 years as an officer of a bank and 20 years serving in the role of Managing Director for a variety of private equity firms. Mr. McGinty serves as a Director and Chairman of the Board of Marlin Business Services, Inc., (NASDAQ:MRLN) a leasing company serving small and mid-sized businesses. He has 25 years of past service as a director of privately held companies. Mr. McGinty has also had leadership positions with various cultural and community organizations.
John Nesser	Mr. John T. Nesser, III has been appointed as Independent Director of Thermon Group Holdings, Inc., effective June 15, 2012. He retired as Executive Vice President and Chief Operating Officer of McDermott International, Inc. (NYSE:MDR) ("McDermott") in 2011. He joined McDermott, a global engineering, procurement, construction and installation company with a focus on the energy industry, as Associate General Counsel in 1998 and spent over 10 years in various senior management roles, including as General Counsel, Chief Administrative Officer and Chief Legal Officer. Previously, he served as a managing partner of Nesser, King & LeBlanc, a New Orleans law firm, which he co-founded in 1985. Mr. Nesser also served as a director of Seahawk Drilling Incorporated from August 2009 to October 2011. In February 2011, Seahawk announced that substantially all of its assets would be sold to Hercules Offshore, Inc., such sale being implemented through a Chapter 11 bankruptcy filing, citing heavy losses due to the slow issuance of shallow water drilling permits following the April 2010 oil spill in the Gulf of Mexico and other factors. Mr. Nesser holds a B.S. in Business Administration, majoring in finance and a J.D. from Louisiana State University. Mr. Nesser is a member of the Texas and Louisiana Bar Associations and is also a member of the Louisiana State University Law Center Board of Trustees.
Michael Press	Mr. Michael W. Press is Independent Director of Thermon Group Holdings, Inc., since May 2011. He is a retired Chief Executive Officer of KBC Advanced Technologies PLC (LSE:KBC), a publicly traded international petroleum and petrochemicals consulting and software firm, a position he held from 1997 to 2001. Since 2001, Mr. Press has served on various boards of directors and worked with a number of private equity backed companies in the United States, Europe and Asia, often in preparation for a public listing or sale. He has served on the board of directors for Chart Industries (NASDAQ: GTLS) since 2006 and is currently its lead independent director, a member of its audit committee and chairman of its nominations and corporate governance committee. Mr. Press previously served as a director of Petrofac, Ltd. (LSE:PFC) from 2002 to 2010, as a director, audit committee member, compensation committee member and nominating committee member for T-3 Energy Services, Inc. (NASDAQ:TTES) from 2004 to 2009 and as a director for RigNet, Inc. (NASDAQ:RNET) from 2007 to 2008. He holds a B.S. from Colorado College, an M.S. from Columbia University and an Advanced Management Program degree from Stanford University. Mr. Press brings substantial experience as a director and executive officer of publicly held companies and over 29 years of international energy industry experience, including senior executive positions at The Standard Oil Company, British Petroleum plc, BP America and Amerada Hess Corporation.
Stephen Snider	Mr. Stephen A. Snider is Independent Director of Thermon Group Holdings, Inc., since June 2011. Mr. Snider is a retired chief executive officer and director of Exterran Holdings, Inc. (NYSE:EXH), a global natural gas compression services company from August 2007 to June 2009, and was Chief Executive Officer and Chairman of the general partner of Exterran Partners, L.P. (NASDAQ:EXLP), a domestic natural gas contract compression services business from August 2007 to June 2009. Both companies are publicly traded and headquartered in Houston, Texas. Prior to that, Mr. Snider was President, Chief Executive Officer and director of Universal Compression Holdings Inc. ("Universal"), a supplier of equipment used to ship natural gas through pipelines, from 1998 until Universal merged with Hanover Compressor Company in 2007 to form Exterran Corporation. Mr. Snider has over 30 years of experience in senior management of operating companies, and also serves as a current director of Energen Corporation (NYSE:EGN) and Dresser-Rand Group Inc. (NYSE:DRC). Mr. Snider also served as a director of Seahawk Drilling Incorporated from August 2009 to February 2011. In February 2011, Seahawk announced that substantially all of its assets would be sold to Hercules Offshore, Inc., such sale being implemented through a Chapter 11 bankruptcy filing, citing heavy losses due to the slow issuance of shallow water drilling permits following the April 2010 oil spill in the Gulf of Mexico and other factors. Mr. Snider also served as a director of T-3 Energy Services, Inc. from 2003 to July 2007. Mr. Snider holds a B.S. in Civil Engineering from the University of Detroit and a M.B.A. from the University of Colorado at Denver.

Basic Compensation

Name	Fiscal Year Total
Charles Sorrentino	--
Rodney Bingham	903,027
Jay Peterson	564,966
George Alexander	715,733
Johannes van der Salm	461,492
Marcus George	--
Richard Goodrich	--
Kevin McGinty	--
John Nesser	--
Michael Press	--
Stephen Snider	--

As Of 30 Mar 2012

Options Compensation

Name	Options	Value
Charles Sorrentino	0	0
Rodney Bingham	177,877	2,249,300
Jay Peterson	59,688	728,853
George Alexander	177,109	2,204,020
Johannes van der Salm	62,500	815,753
Marcus George	0	0
Richard Goodrich	0	0
Kevin McGinty	0	0
John Nesser	0	0
Michael Press	0	0
Stephen Snider	0	0

Insider Trading

Name	Shares Traded	Price
BINGHAM RODNEY L	32,000	$19.00
ALEXANDER GEORGE P	8,042	$18.99
ALEXANDER GEORGE P	8,042	$18.99
ALEXANDER GEORGE P	10,042	$18.99
ALEXANDER GEORGE P	5,874	$18.99
ALEXANDER GEORGE P	2,000	$12.00
PETERSON JAY C	500	$22.02
PETERSON JAY C	500	$5.20
PETERSON JAY C	500	$5.20
PETERSON JAY C	500	$22.04
VAN DER SALM JOHANNES RENE	12,500	$5.20
VAN DER SALM JOHANNES RENE	12,500	$19.55
BINGHAM RODNEY L	30,000	$20.78
ALEXANDER GEORGE P	5,874	$20.98
ALEXANDER GEORGE P	8,042	$20.98
ALEXANDER GEORGE P	8,042	$20.98
ALEXANDER GEORGE P	8,042	$20.98
PETERSON JAY C	10,000	$5.20
PETERSON JAY C	10,000	$22.50
BINGHAM RODNEY L	30,000	$22.01
ALEXANDER GEORGE P	8,043	$21.78
ALEXANDER GEORGE P	5,874	$21.78
ALEXANDER GEORGE P	8,043	$21.78
ALEXANDER GEORGE P	8,043	$21.78
VAN DER SALM JOHANNES RENE	12,500	$5.20

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People: Thermon Group Holdings Inc (THR)

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Summary

Biographies

Basic Compensation

Options Compensation

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