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Rodney Bingham has been a key figure at Thermon Group Holdings, where he served as President and CEO from 2014 until 2016. He holds a Bachelor's degree in Engineering and has leveraged his solid foundation in this field to drive...

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Rodney Bingham

Ex-CEO of Thermon Group Holdings

Education

Bachelor's degree in Engineering.

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Industrials

Born

January 1, 1963 - 62 years ago

CEO of Thermon Group Holdings for

1 year 10 months (May 2014 - Mar 2016)

Previous Experience

Prior to joining the Company, Mr. Bingham served in various leadership roles in the industry.

Rivals

Competitors/colleagues of Rodney Bingham

Holdings

See how much did Rodney Bingham make over time.

During his time at Thermon, Rodney Bingham's stock holdings reflected his commitment to the company. His investments peaked at around $4.85 million in May 2024, showcasing his confidence in Thermon’s future. Over the years, his insider trading indicated significant fluctuations,...

Mar 18, 2025

Total Stock Sold

$12.71M

THR

$12.71M

623,602 THR shares

What if they kept their stock?

If Rodney Bingham didn't sell their stock, today they would have:
Extra THR623,602 shares worth $9.00M.
This is -29.19% and $3.71M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Rodney Bingham.

THR

$554.50K

THR at $22.18/share

Sep 12, 2013

Sale

THR

$591.30K

THR at $19.71/share

Aug 12, 2013

Sale

THR

$638.70K

THR at $21.29/share

Jul 12, 2013

Sale

THR

$616.80K

THR at $20.56/share

Jun 12, 2013

Sale

THR

$608.00K

THR at $19.00/share

May 13, 2013

Sale

THR

$623.40K

THR at $20.78/share

Apr 12, 2013

Sale

THR

$660.30K

THR at $22.01/share

Mar 12, 2013

Sale

THR

$664.20K

THR at $22.14/share

Feb 12, 2013

Sale

THR

$670.20K

THR at $22.34/share

Jan 14, 2013

Sale

THR

$714.15K

THR at $23.81/share

Nov 28, 2012

Sale

Compensation History

See how much did Rodney Bingham make over time.

Rodney Bingham’s compensation during his time at Thermon Group Holdings was a mix of fixed salary and performance-based incentives. His base salary started at $360,500 and increased significantly to $500,000 by 2015. He was also eligible for annual bonuses tied to key company metrics like revenue and safety, although he faced challenges in 2016 when these targets were not met, resulting in no bonus. A significant aspect of his compensation was a one-time cash payment of $200,000 in 2015 to retain him through a transition period. His overall compensation varied each year, reflecting both the company's performance and his impact as a leader, emphasizing the importance of aligning executive incentives with shareholder interests.

Year

2016

Total Compensation

$1.10M

Salary

$600.00K

Board Justification

The compensation program is designed to attract, retain, and reward talented executives, aligning management's interests with those of stockholders and focusing on performance-based compensation tied to critical business objectives.

Bonus

$215.45K

Board Justification

Annual performance-based bonus based on actual Company performance for Fiscal 2017, paid in June 2017.

Other

$42.12K

Board Justification

Includes company contributions to 401(k), group life insurance, and relocation expenses.

Restricted Stock

$240.00K(12.94K RSUs)

Board Justification

Restricted Stock Units (RSUs) granted on May 20, 2016, vesting in equal annual installments, with the first installment vesting on May 20, 2017.

Performance Metrics

Performance metrics for the annual bonus included revenue, Adjusted EBITDA, and safety performance.

Other Thermon Group Holdings CEOs

Here are other CEOs of Thermon Group Holdings