THOMAS R. VERHAGE - Corporate Board Profile

FRANKLIN ELECTRIC CO INC

Filing Date	Source Excerpt
2016-03-22	Thomas R. VerHage Age: 63 Director of the Company Director Since: 2010 The members of the Audit Committee during 2015 were Thomas R. VerHage (Chairman), David M. Wathen, Jerome D. Brady and Renee J. Peterson (beginning with the October 29, 2015 meeting). The following table sets forth the compensation received by the Company’s non-employee directors for the year ended January 2, 2016. Thomas R. VerHage received $70,000 Fees Earned or Paid in Cash and $105,000 Stock Awards totaling $175,000.
2017-03-21	Thomas R. VerHage Director of the Company Age: 64 The members of the Audit Committee during 2016 were Thomas R. VerHage (Chairman), David M. Wathen and Renee J. Peterson. The following table sets forth the compensation received by the Company’s non-employee directors for the year ended December 31, 2016. Thomas R. VerHage 185,000
2019-03-19	Thomas R. VerHage Age: 66 Director of the Company Director Since: 2010 ... The members of the Audit Committee during 2018 were Renee J. Peterson (Chairperson), David M. Wathen and Thomas R. VerHage. ... Thomas R. VerHage Fees Earned or Paid in Cash: $75,000, Stock Awards: $110,000, Total: $185,000.
2020-03-23	The members of the Audit Committee during 2019 were Renee J. Peterson (Chairperson), David M. Wathen and Thomas R. VerHage. The following table sets forth the compensation received by the Company’s non-employee directors for the year ended December 31, 2019. Thomas R. VerHage: $207,500.
2021-03-19	Thomas R. VerHage Age: 68 Director of the Company Director Since: 2010 Principal Occupation: Retired in 2011. Formerly: Vice President and Chief Financial Officer, Donaldson Company, Inc., a worldwide provider of filtration systems and replacement parts, from 2004 until 2011; prior thereto, Partner, Deloitte & Touche, LLP, an international accounting and consulting firm, from 2002 to 2004; prior thereto, Partner, Arthur Andersen, LLP, a consulting and accounting firm, from 1976 to 2002. Relevant Experience: Mr. VerHage received his bachelor’s degree in business administration and his MBA from the University of Wisconsin. Mr. VerHage adds to the Board his financial and accounting expertise from his experience as CFO of Donaldson Company, Inc. and his prior experience with two major public accounting firms. His background enables him to serve as an “audit committee financial expert.”
2022-03-22	Thomas R. VerHage Age: 69 Director of the Company Director Since: 2010 Principal Occupation: Retired in 2011... Thomas R. VerHage currently serves as the Company’s Lead Independent Director... The members of the Management Organization and Compensation Committee during 2021 were Jennifer L. Sherman (Chairperson), Alok Maskara, and Thomas R. VerHage... The members of the Corporate Governance Committee during 2021 were Victor D. Grizzle (Chairperson), Jennifer L. Sherman, and Thomas R. VerHage... The following table sets forth the compensation received by the Company’s non-employee directors for the year ended December 31, 2021. Thomas R. VerHage Fees Earned or Paid in Cash 109,500 Stock Awards 130,000 Total 239,500.
2023-03-21	Thomas R. VerHage Age: 70 Director of the Company Director Since: 2010 ... The Lead Independent Director receives an additional fee of $22,500 ... The Management Organization and Compensation Committee (the "Compensation Committee") during 2022 were Jennifer L. Sherman (Chairperson), Victor D. Grizzle, Alok Maskara, and Thomas R. VerHage ... The members of the Corporate Governance Committee (the “Governance Committee”) during 2022 were Victor D. Grizzle (Chairperson), Jennifer L. Sherman, and Thomas R. VerHage ... Director Compensation ... Thomas R. VerHage Fees Earned or Paid in Cash 109,500 Stock Awards 130,000 Total 239,500
2024-03-19	Thomas R. VerHage; Age: 71; Director of the Company; The members of the Audit Committee during 2023 were Renee J. Peterson (Chairperson), Alok Maskara, Thomas R. VerHage, and Chris Villavarayan; The members of the Corporate Governance Committee during 2023 were Victor D. Grizzle (Chairperson), Renee J. Peterson, Thomas R. VerHage, and David M. Wathen; Director Compensation table shows total compensation for Thomas R. VerHage as $223,500.