Thermon Group Holdings, Inc. (THR)

32.20 +0.27 (+0.85%) At close: 04:00PM EDT

Thermon Group Holdings, Inc.

Building 300
Suite 200 7171 Southwest Parkway
Austin, TX 78735
United States
512 690 0600
https://www.thermon.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 1,405

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Bruce A. Thames	President, CEO & Director	1.88M	N/A	1963
Mr. Roberto Kuahara	Senior Vice President of Global Operations	625.64k	N/A	1966
Mr. Thomas N. Cerovski	Senior Vice President of Global Sales	795.85k	N/A	1972
Mr. Mark John Roberts	Senior Vice President of Thermon Heating Systems & Engineering	636.89k	N/A	1961
Mr. Thomas Gregory Lucas	VP, Controller, Interim Principal Financial & Accounting Officer	N/A	N/A	1976
Ivonne Salem	Vice President of FP&A and Investor Relations	N/A	N/A	N/A
Mr. Ryan Tarkington	Senior VP, General Counsel & Corporate Secretary	N/A	N/A	1981
Ms. Candace Harris-Peterson	Vice President of Human Resources	N/A	N/A	1979
Mr. David Buntin	Senior Vice President of Thermon Heat Tracing, Research & Development	545.47k	N/A	1970

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries in the United States and Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. It provides heat tracing products, such as electric heat tracing cables, steam heating solutions, controls, monitoring and software, instrumentation, project services, industrial heating and filtration solutions, temporary electrical power distribution and lighting, and other products and services. The company also offers controls, monitoring, and software systems for the control and management of a heat trace system; environmental heating solutions under the Ruffneck, Norsemen, and Catadyne brands; process heating solutions under the Caloritech brand name; filtration solutions under the 3L Filters brand; and rail and transit solutions under the Hellfire, Velocity, ArcticSense, and other brand names. In addition, it provides transportation heating products, including track and switch heaters, accessories, control panels, rail heaters, gas blower accessories, and air curtains; track and switch heater, gas blower accessories; transit heaters; and velocity heat. Further, the company offers temporary power solutions; heating systems, such as engineered electric heat, explosion proof gas catalytic heaters, heaters for harshest environments, methane abatement, and engineered filtration system; electrically, steam, and fluid heated tubing bundles; and pre-insulated tubing and system accessories tubing bundles. The company serves chemical and petrochemical, oil and gas, power generation, rail and transit, commercial, energy transition/decarbonization, mining and mineral processing, maritime/shipbuilding, semiconductors, pharmaceutical and biotechnology, food and beverage, data centers, and renewables industries through a network of sales and service professionals, and distributors. Thermon Group Holdings, Inc. was founded in 1954 and is based in Austin, Texas.

Corporate governance

Thermon Group Holdings, Inc.’s ISS governance QualityScore as of 29 April 2024 is 2. The pillar scores are Audit: 7; Board: 2; Shareholder rights: 3; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.