Sundar PichaiSundar Pichai earned $164M in 2023

Bruce Thames is the President and CEO of Thermon Group Holdings, Inc., a company that specializes in heat tracing solutions for a variety of industries. He has a solid background in engineering, holding a B.S. in Mechanical Engineering from the...

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Bruce Thames

CEO of Thermon Group Holdings

Education

B.S. in Mechanical Engineering from the University of Texas at Austin.

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Industrials

Born

January 1, 1963 - 62 years ago

CEO of Thermon Group Holdings for

9 years 1 month (Apr 2016 - Present)

Previous Experience

Prior to joining the Company in April 2015, Mr. Thames served as Senior Vice President and Chief Operating Officer of TD Williamson.

Rivals

Competitors/colleagues of Bruce Thames

Holdings

See how much did Bruce Thames make over time.

As CEO of Thermon Group, Bruce Thames has actively participated in the company's stock market performance. His insider trading activities show some noteworthy sales, with his holdings surpassing $8 million at their peak in December 2023. His financial engagement showcases...

Insider Trading

See recent insider trades of Bruce Thames.

THR

13,477 shares

THR

Jun 1, 2024

Received

THR

59,515 shares

THR

May 14, 2024

Received

THR

$50.00K

THR at $24.51/share

Feb 5, 2024

Received

THR

$50.00K

THR at $24.51/share

Feb 5, 2024

Purchase

THR

20,017 shares

THR

Jun 1, 2023

Received

THR

53,714 shares

THR

May 17, 2023

Received

THR

$48.79K

THR at $15.49/share

Jun 15, 2022

Purchase

THR

29,545 shares

THR

Jun 1, 2022

Received

THR

16,025 shares

THR

May 16, 2022

Received

THR

25,604 shares

THR

Jun 1, 2021

Received

Compensation History

See how much did Bruce Thames make over time.

In terms of compensation, Bruce Thames's package for 2023 totaled approximately $2.56 million. This included a salary of $690,000, but no bonuses or vested stocks were awarded this year. His overall pay reflects a structure tied closely to company performance, typically aligning with achieving specific growth and efficiency metrics. The year before, his total was around $3 million, showing how he navigates incentives in relation to corporate goals. Compensation strategies are designed to attract and retain talent while providing performance-based rewards. Throughout his tenure, Bruce has faced periods without bonus payouts due to unmet performance targets, which speaks to the company's emphasis on accountability and results-driven leadership.

Year

2023

Total Compensation

$711.13K

Salary

$689.99K

Board Justification

The compensation philosophy aligns with company performance, focusing on attracting and retaining talent while incentivizing performance through variable compensation.

Bonus

$0.00

Board Justification

No bonus was awarded for FY24.

Other

$21.14K

Board Justification

Includes contributions to 401(k), group life insurance, and contributions to health savings account.

Restricted Stock

$0.00(0 RSUs and PSUs)

Board Justification

No stock was vested in FY24 as the amounts reported are for stock awards granted, not vested.

Performance Metrics

Performance metrics include revenue growth, Adjusted EBITDA, safety performance, and diversity and inclusion metrics.

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