Thermon Group Holdings CEO Bruce Thames' 2022 pay jumps 30% to $3M
Thermon Group Holdings reports 2022 executive compensation
By ExecPay News
Published: June 22, 2022
Thermon Group Holdings reported fiscal year 2022 executive compensation information on June 22, 2022.
In 2022, six executives at Thermon Group Holdings received on average a compensation package of $1.2M, a 17% increase compared to previous year.
Average pay of disclosed executives at Thermon Group Holdings
Bruce A. Thames, Chief Executive Officer, received $3M in total, which increased by 30% compared to 2021. 43% of Thames' compensation, or $1.3M, was in stock awards. Thames also received $1M in non-equity incentive plan, $650K in salary, as well as $13K in other compensation.
For fiscal year 2022, the median employee pay was $60,135 at Thermon Group Holdings. Therefore, the ratio of Bruce A. Thames' pay to the median employee pay was 50 to one.
Thomas N. Cerovski, SVP, Sales, received a compensation package of $959K. 40% of the compensation package, or $383K, was in non-equity incentive plan.
Mark Roberts, SVP, THS & Engineering, earned $828K in 2022, a 5% increase compared to previous year.
Johannes van der Salm, Former SVP, Global Operations, received $812K in 2022, which increases by 12% compared to 2021.
David Buntin, SVP, THT & R&D, earned $795K in 2022, a 4% increase compared to previous year.
Kevin Fox, Chief Financial Officer, received $756K in 2022, which increases by 45% compared to 2021.
Thermon Group Holdings' fiscal year ends on March 31.
Related executives
Bruce Thames
Thermon Group Holdings
Chief Executive Officer
Kevin Fox
Thermon Group Holdings
Chief Financial Officer
David Buntin
Thermon Group Holdings
SVP, THT & R&D
Thomas Cerovski
Thermon Group Holdings
SVP, Sales
Mark Roberts
Thermon Group Holdings
SVP, THS & Engineering
Johannes der Salm
Thermon Group Holdings
Former SVP, Global Operations
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Source: SEC filing on June 22, 2022.