People: Actuant Corp (ATU)
19 Jan 2017
Mr. Robert A. Peterson is Independent Chairman of the Board of the Company. Mr. Peterson held the position of Chairman of the Board of Barrier Safe Solutions International, Inc, formerly a private equity owned business, from 2011 until it was sold to Ansell Limited in 2014. Mr. Peterson was President and Chief Executive Officer of Norcross Safety Products, a private equity owned business, since its inception in 1995 until it was sold to Honeywell in 2008. Prior to that he held executive level leadership positions with a number of firms including Farley Industries and Wright Line, after beginning his career at Ernst & Young. Mr. Peterson’s extensive finance, mergers and acquisition and private equity background has been beneficial to the Board in evaluating financial performance and strategic acquisitions. Additionally, his manufacturing and distribution industry experience is a good fit for the businesses included in the Company’s Industrial segment.
|Total Annual Compensation, USD||571,685|
|Restricted Stock Awards, USD||2,516,850|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||198,477|
|Fiscal Year Total, USD||3,287,010|