Thomas W. Powell is the former CEO of Powell Industries, a key player in the manufacturing sector. His journey in the company began in December 2015, and he held various roles until March 2021. During his tenure, Powell oversaw significant...

Thomas W. Powell is the former CEO of Powell Industries, a key player in the manufacturing sector. His journey in the company began in December 2015, and he held various roles until March 2021. During his tenure, Powell oversaw significant growth while navigating complex market conditions. Notably, his total compensation saw dramatic fluctuations, peaking at around $2 million in 2019 and dropping to $111,000 by 2021. What’s interesting is that he received no bonuses or stock incentives for multiple years, focusing instead on cash compensation and salary continuation benefits. Powell’s insider trading activity shows a notable increase in portfolio value, rising from $98.12 million in 2019 to a staggering $418.59 million in May 2024, reflecting his firm’s performance and strategic direction. While details about his education are not specified, his extensive experience in leadership roles speaks volumes about his expertise and ability to navigate the manufacturing landscape.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Powell Industries CEOs

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Thomas W. Powell

Ex-CEO of Powell Industries

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Industrials

CEO of Powell Industries for

5 years 0 months (Sep 2011 - Oct 2016)

Previous Experience

Over 40 years of experience in manufacturing of equipment and systems for management and control of electrical energy and other critical processes

Rivals

Competitors/colleagues of Thomas W. Powell

Holdings

See how much did Thomas W. Powell make over time.

Thomas W. Powell's insider trading data indicates a remarkable growth trajectory for his holdings, which started at $98.12 million in September 2019. Over the following years, his portfolio saw ups and downs, ultimately reaching a deeper low of $52.76 million...

Thomas W. Powell's insider trading data indicates a remarkable growth trajectory for his holdings, which started at $98.12 million in September 2019. Over the following years, his portfolio saw ups and downs, ultimately reaching a deeper low of $52.76 million in March 2022. By May 2024, Powell's investments had skyrocketed to an impressive $418.59 million, showcasing his ability to capitalize on market opportunities. The fluctuations during this period demonstrate both volatility in the market and insightful decision-making on his part. His substantial holdings are a testament to his strategic foresight in guiding Powell Industries through various business phases.

Mar 18, 2025

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shares

POWL @ $181.50

Total Stock Sold

$40.63M

POWL

$40.63M

239,678 POWL shares

What if they kept their stock?

If Thomas W. Powell didn't sell their stock, today they would have:
Extra POWL239,678 shares worth $6.35M.
This is -84.37% and $34.27M less than what they got when they sold the stock.

Charitable Transactions

POWL

29,246 shares

POWL

Recent Charitable Transactions

POWL

4,000 shares

POWL

Jan 3, 2024

Charity

POWL

1,000 shares

POWL

Dec 15, 2023

Charity

POWL

2,000 shares

POWL

Apr 11, 2022

Charity

POWL

9,546 shares

POWL

Aug 7, 2018

Charity

POWL

500 shares

POWL

Dec 6, 2017

Charity

POWL

5,000 shares

POWL

Dec 14, 2016

Charity

Insider Trading

See recent insider trades of Thomas W. Powell.

POWL

$3.46M

POWL at $345.99/share

Nov 8, 2024

Sale

POWL

$642.40K

POWL at $262.10/share

Oct 11, 2024

Sale

POWL

$4.51M

POWL at $256.81/share

Oct 9, 2024

Sale

POWL

$4.97M

POWL at $248.60/share

Oct 7, 2024

Sale

POWL

$5.38M

POWL at $215.01/share

Sep 25, 2024

Sale

POWL

$4.15M

POWL at $204.53/share

May 30, 2024

Sale

POWL

$728.93K

POWL at $187.67/share

Mar 4, 2024

Sale

POWL

$89.25K

POWL at $178.50/share

Feb 29, 2024

Sale

POWL

$4.27M

POWL at $170.94/share

Feb 26, 2024

Sale

POWL

$3.93M

POWL at $157.00/share

Feb 21, 2024

Sale

Compensation History

See how much did Thomas W. Powell make over time.

Thomas W. Powell's compensation over the years reflects both his leadership role and the challenges faced in the manufacturing industry. In 2019, his total compensation peaked at approximately $2 million, driven largely by his salary of $495,000 and vested stock awards. However, this grew to just $111,000 by 2021, primarily encompassing salary continuation payments without bonuses or stock grants. Interestingly, Powell didn't take any bonuses during his leadership years, emphasizing cash compensation instead. The structure of his pay reveals the company’s strategy to retain talent by linking compensation to performance, although in Powell's case, bonuses were largely absent. This change in compensation over time indicates the shifting priorities and performance metrics within Powell Industries.

Year

2021

Total Compensation

$111.00K

Salary

$36.00K

Board Justification

The compensation philosophy aims to attract and retain executive talent while aligning their interests with those of the shareholders through performance-based compensation.

Bonus

$0.00

Board Justification

No bonus was awarded for the fiscal year 2021.

Other

$75.00K

Board Justification

Other compensation includes salary continuation payments under the Executive Benefit Plan, totaling $75,000 for the year.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2021 as the amounts reflect only cash compensation and do not include stock grants or options.

Performance Metrics

The performance metrics for the CEO's compensation are based on the company's financial performance and individual contributions.

Other Powell Industries CEOs

Here are other CEOs of Powell Industries

Patrick L. McDonald

Ex-CEO of Powell Industries

October 2008 - September 2011

Brett A. Cope

CEO of Powell Industries

October 2016 - Present