ADAM J. PALMER - Corporate Board Profile

TRIUMPH GROUP INC

Filing Date	Source Excerpt
2010-08-27	Adam J. Palmer has been a Partner of The Carlyle Group since 2005, and since 2004 has served as a Managing Director of Carlyle. ... No committees listed for Mr. Palmer.
2011-06-24	Adam J. Palmer has been a Director of Triumph since June 2010. ... Audit Committee: Members include Adam J. Palmer. ... Compensation and Management Development Committee: Members include Adam J. Palmer. ... Directors who are also employees do not receive additional compensation for serving as directors. Mr. Palmer, who is a Partner of The Carlyle Group, which manages investment funds holding approximately 19.7% of the Company's outstanding shares of common stock, does not receive additional compensation for serving as a director.
2012-06-19	Adam J. Palmer has been a Director of Triumph since June 2010. ... Mr. Palmer is currently a Managing Director and Head of the Global Aerospace, Defense and Services Group at The Carlyle Group. ... The audit committee, consisting of Messrs. Bourgon (Chair), Eberhart, Gozon, Palmer and Silvestri met seven times during the last fiscal year. ... The compensation and management development committee, consisting of Messrs. Gozon, Kronk, Palmer and Simpson (Chair) met four times during the last fiscal year.
2013-06-13	Adam J. Palmer has been a Director of Triumph since June 2010. ... Mr. Palmer is currently a Managing Director and Head of the Global Aerospace, Defense and Services Group at The Carlyle Group ("Carlyle"), a global alternative asset management firm. ... The Compensation and Management Development Committee, consisting of Messrs. Eberhart, Gozon, Palmer and Simpson (Chair) met 4 times during the last fiscal year.
2014-06-06	Adam J. Palmer has been a Director of Triumph since June 2010... The Audit Committee, consisting of Messrs. Bourgon (Chair), Drosdick, Gozon, Mansfield, Palmer and Silvestri... The Compensation and Management Development Committee, consisting of Messrs. Drosdick, Eberhart, Gozon, Palmer and Simpson (Chair).
2015-06-05	Adam J. Palmer has been a Director of Triumph since June 2010. ... The following table summarizes compensation we paid to non-employee directors for their service during fiscal 2015. Adam J. Palmer Fees Earned or Paid in Cash ($) 60,000 Stock Awards ($) 70,844 Total ($) 130,844.
2016-06-10	Adam J. Palmer has been a Director of Triumph since June 2010. Mr. Palmer is currently a Managing Director and Head of the Global Aerospace, Defense and Services Group at The Carlyle Group ("Carlyle"), a global alternative asset management firm. Prior to joining Carlyle in 1996, Mr. Palmer was with Lehman Brothers focusing on mergers, acquisitions and financings for aerospace, defense and information services companies. Mr. Palmer also currently serves on the boards of directors of Sequa Corporation, Wesco Aircraft Holdings, Inc., Global Jet Capital, LLC, Dynamic Precision Group, Inc. and Novetta. Mr. Palmer served as a member of Vought's board of directors from 2000 until the Vought Acquisition and led the negotiations on behalf of Carlyle that culminated in Triumph's acquisition of Vought from equity funds affiliated with Carlyle. Mr. Palmer was a director of Landmark U.S. Holdings, LLC from October, 2012 until February 2016. Mr. Palmer joined the Board as part of an arrangement in connection with the Vought Acquisition. The Board benefits from Mr. Palmer's deep familiarity with Vought's business acquired through his years of involvement in developing its business as a Carlyle investment. The Board also benefits from Mr. Palmer's knowledge and understanding of the aerospace and defense industry, acquired through his years of active involvement as an investor, as well as his understanding of management issues derived from his participation on corporate boards. The Compensation Committee, currently consisting of Messrs. Bourgon, Drosdick (Chair), Palmer and Simpson, met seven times during the last fiscal year. The Finance Committee, currently consisting of Messrs. Eberhart, Ill, Palmer (Chair) and Silvestri, met two times during the last fiscal year. The following table summarizes compensation we paid to non-employee directors for their service during fiscal year 2016. Adam J. Palmer 63,000 69,414 — 132,414
2017-06-09	Adam J. Palmer has been a Director of Triumph since June 2010. ... The Compensation Committee, currently consisting of Messrs. Bourgon, Drosdick (Chair) and Gozon, Ms. Hickton and Mr. Palmer, met four times during the last fiscal year. ... The Finance Committee, currently consisting of Messrs. Bourgon, Ill, Mansfield, Palmer (Chair) and Silvestri, met one time during the last fiscal year. ... The Executive Committee, currently consisting of Messrs. Crowley, Drosdick, Eberhart (Chair), Gozon, Mansfield and Palmer, exercises the powers and duties of our Board of Directors between Board meetings and while our Board is not in session.
2018-05-31	Adam J. Palmer has been a Director of Triumph since 2010. ... The Compensation Committee, currently consisting of Messrs. Bourgon and Drosdick (Chair), Ms. Hickton and Messrs. Palmer and Spencer, met six times during the last fiscal year. ... The Finance Committee, currently consisting of Messrs. Bourgon, Mansfield, Palmer (Chair) and Silvestri, met four times during the last fiscal year. ... The Executive Committee, currently consisting of Messrs. Crowley, Drosdick and Eberhart (Chair), Ms. Hickton and Messrs. Mansfield and Palmer, exercises the powers and duties of our Board of Directors between Board meetings and while our Board is not in session. ... The Governance Committee, currently consisting of Messrs. Bourgon, Garton, Ms. Hickton (Chair), Messrs. Mansfield and Silvestri, met five times during the last fiscal year. ... The following table summarizes compensation we paid to non-employee directors for their service during fiscal year 2018 ... Adam J. Palmer 90,000 Fees Earned or Paid in Cash, 139,324 Stock Awards, Total 229,324.
2019-06-07	Adam J. Palmer has been a Director of Triumph since 2010. Mr. Palmer is currently a Managing Director and Head of the Global Aerospace, Defense and Government Services Group at The Carlyle Group ("Carlyle"), a global alternative asset management firm. Prior to joining Carlyle in 1996, Mr. Palmer was with Lehman Brothers focusing on mergers, acquisitions and financings for aerospace, defense and information services companies. Mr. Palmer also currently serves on the boards of directors of Sequa Corporation, Wesco Aircraft Holdings, Inc., Global Jet Capital, LLC, Dynamic Precision Group, Inc., Novetta Solutions and StandardAero Holding Corp. Mr. Palmer served as a member of Vought's board of directors from 2000 until the Vought Acquisition and led the negotiations on behalf of Carlyle that culminated in Triumph's acquisition of Vought from equity funds affiliated with Carlyle. The Board benefits from Mr. Palmer's deep familiarity with Vought's business acquired through his years of involvement in developing its business as a Carlyle investment. The Board also benefits from Mr. Palmer's knowledge and understanding of the aerospace and defense industry, acquired through his years of active involvement as an investor, as well as his understanding of management issues derived from his participation on corporate boards. The Compensation Committee, currently consisting of Mr. Bourgon, Mr. Garton, Mr. Mansfield (Chair), Mr. Palmer and Gen. Spencer, met seven times during the last fiscal year. The Finance Committee, currently consisting of Mr. Bourgon, Mr. Mansfield, Mr. Palmer (Chair), Mr. Silvestri and Gen. Spencer, met four times during the last fiscal year. The Executive Committee, currently consisting of Mr. Crowley, Gen. Eberhart (Chair), Ms. Hickton, Mr. Mansfield, Mr. Palmer, Mr. Silvestri and Gen. Spencer, exercises the powers and duties of our Board of Directors between Board meetings and while our Board is not in session. In fiscal year 2019, each of our directors received a cash retainer in the amount of $85,000. In addition, committee chairs received chairperson fees in cash. Each director also received an equity award in the form of restricted stock units. Adam J. Palmer received $90,000 in fees earned or paid in cash and $140,002 in stock awards, totaling $230,002.
2020-06-02	Adam J. Palmer is not standing for reelection. ... The Compensation Committee, currently consisting of Mr. Bourgon, Mr. Garton, Ms. Humpton, Mr. Mansfield (Chair) and Mr. Palmer met five times during the last year. ... The Finance Committee, currently consisting of Mr. Bourgon, Mr. Goglia, Mr. Mansfield, Mr. Palmer (Chair), and Gen. Spencer, met five times during the last fiscal year. ... The Executive Committee, currently consisting of Mr. Crowley, Gen. Eberhart (Chair), Mr. Mansfield, Mr. Palmer and Gen. Spencer, exercises the powers and duties of our Board of Directors between Board meetings and while our Board is not in session. ... In fiscal year 2020, each of Mr, Bourgon, Gen. Eberhart, Mr. Garton, Mr. Mansfield, Mr. Palmer and Gen. Spencer received a cash retainer in the amount of $85,000. ... The following table summarizes compensation we paid to non-employee directors for their service during fiscal year 2020 ... Adam J. Palmer Fees Earned or Paid in Cash ($) 95,000, Stock Awards ($) 140,000, Total ($) 235,000.