THR - Thermon Group Holdings, Inc.

NYSE - NYSE Delayed Price. Currency in USD

Thermon Group Holdings, Inc.

Building 300
7171 Southwest Parkway
San Marcos, TX 78735
United States
512-690-0600
http://www.thermon.com

SectorIndustrials
IndustryDiversified Industrials
Full Time Employees1,465

Key Executives

NameTitlePayExercisedYear Born
Mr. Bruce A. ThamesPres, CEO & Director1.86MN/A1963
Mr. Jay C. PetersonCFO, Sr. VP of Fin., Assistant Sec. & Assistant Treasurer813.47kN/A1957
Mr. Johannes van der SalmSr. VP of Global Operations725.73kN/A1964
Mr. Thomas N. CerovskiSr. VP of Global Sales336.56kN/A1972
Mr. Eric C. ReitlerConsultant729.93kN/A1968
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is 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, Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. Its products include various electric heat tracing cables, steam tracing components, tubing bundles, and instrument and control products, as well as related product lines. The company offers self-regulating and power limiting heating cables that automatically increase or decrease heat output as pipe temperature changes, as well as constant wattage heating cables; mineral insulated cables for generating high temperatures that is primarily used in harsh environments; skin effect trace heater; and heat traced tube bundles for environmental gas sampling systems. It also provides heat transfer compounds and steam tracers for comprehensive steam tracing solutions; control and monitoring systems for electric tracing of pipes, tanks, hoppers, and instrument sampling systems; and turnkey solutions that provide customers with solutions for heat tracing, including design, optimization, installation, and ongoing maintenance. In addition, the company offers explosion-proof gas catalytic heaters, convection heaters designed for rugged industrial applications, electric heaters engineered for industrial processes and environments, advanced gas and liquid filtration systems, and heat transfer systems for rail track and switch equipment. Further, it provides heating, sensing, monitoring, and controlling tools; and equipment for temporary electric power distribution and lighting products used in energy infrastructure construction projects and maintenance/turnaround projects. The company offers its solutions to the oil and gas, chemical processing, and power generation markets through a network of sales and service professionals, and distributors. Thermon Group Holdings, Inc. is headquartered in Austin, Texas.

Corporate Governance

Thermon Group Holdings, Inc.’s ISS Governance QualityScore as of July 29, 2019 is 2. The pillar scores are Audit: 3; Board: 3; Shareholder Rights: 2; Compensation: 4.

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 a 10 indicates higher governance risk.