DAVID M. WATHEN - Corporate Board Profile

FRANKLIN ELECTRIC CO INC

Filing Date	Source Excerpt
2016-03-22	David M. Wathen Age: 63 Director of the Company Director Since: 2005 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 members of the Corporate Governance Committee during 2015 were David M. Wathen, David T. Brown, David A. Roberts (Chairman), and Thomas L. Young. The following table sets forth the compensation received by the Company’s non-employee directors for the year ended January 2, 2016. David M. Wathen received $60,000 Fees Earned or Paid in Cash and $105,000 Stock Awards totaling $165,000.
2017-03-21	David M. Wathen 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 members of the Corporate Governance Committee during 2016 (the “Governance Committee”) were David M. Wathen, David T. Brown, and David A. Roberts (Chairman). The following table sets forth the compensation received by the Company’s non-employee directors for the year ended December 31, 2016. David M. Wathen 175,000
2019-03-19	David M. Wathen Age: 66 Director of the Company Director Since: 2005 ... The members of the Audit Committee during 2018 were Renee J. Peterson (Chairperson), David M. Wathen and Thomas R. VerHage. ... David M. Wathen currently serves as the Company’s Lead Independent Director. ... David M. Wathen Fees Earned or Paid in Cash: $95,000, Stock Awards: $110,000, Total: $205,000.
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. David M. Wathen: $207,500.
2021-03-19	David M. Wathen Age: 68 Director of the Company Director Since: 2005 Principal Occupation: Retired in 2016. Formerly: President and Chief Executive Officer of TriMas Corporation, a manufacturer of engineered products, that serve a variety of industrial, commercial and consumer end markets worldwide, from 2009-2016; prior thereto, President and Chief Executive Officer, Balfour Beatty, Inc. (U.S. Operations), an engineering, construction and building management services company, from 2002-2006; prior thereto, Group Executive/Corporate Officer, Eaton Corporation, a global technology leader in diversified power management solutions, from 1997-2000. Relevant Experience: Mr. Wathen received his bachelor's degree in mechanical engineering from Purdue University and his MBA from Saint Francis College, Fort Wayne, Indiana. Mr. Wathen brings to the Board his experience as CEO of two companies and leadership positions in others, including over twenty years direct technical and general management experience in the same industry as the Company and direct experience managing electrical businesses serving pump OEMs and distributor channels similar to those served by the Company. His background enables him to serve as an "audit committee financial expert". His experience on the Board of the Company also helps give the Board a historical perspective in its deliberations.
2022-03-22	David M. Wathen Age: 69 Director of the Company Director Since: 2005 Principal Occupation: Retired in 2016... The members of the Audit Committee during 2021 were Renee J. Peterson (Chairperson), Alok Maskara, and David M. Wathen... The following table sets forth the compensation received by the Company’s non-employee directors for the year ended December 31, 2021. David M. Wathen Fees Earned or Paid in Cash 87,500 Stock Awards 130,000 Total 217,500.
2023-03-21	David M. Wathen Age: 70 Director of the Company Director Since: 2005 ... The members of the Audit Committee during 2022 were Renee J. Peterson (Chairperson), Alok Maskara, Chris Villavarayan, and David M. Wathen ... Director Compensation ... David M. Wathen Fees Earned or Paid in Cash 87,500 Stock Awards 130,000 Total 217,500
2024-03-19	David M. Wathen; Age: 71; Director of the Company; 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 David M. Wathen as $211,000.