PAUL BOURGON - Corporate Board Profile

TRIUMPH GROUP INC

Filing Date	Source Excerpt
2010-08-27	Paul Bourgon has been a Director of Triumph since October 2008. Mr. Bourgon has served as President of the Aeroengine division of SKF Aeroengine since 2006. ... The audit committee, currently consisting of Messrs. Bourgon, Gozon (Chair), Silvestri and Simpson, met four times during the last fiscal year. ... Summary Director Compensation Table: Paul Bourgon Fees Earned or Paid in Cash $48,000, Stock Awards $40,560, Total $88,560.
2011-06-24	Paul Bourgon has been a Director of Triumph since October 2008. Mr. Bourgon has served as President of the Aeroengine division of SKF Aeroengine since 2006. ... his background as a Chartered Accountant ... enables him to lend additional financial expertise to the deliberations of the Board and as Chair of the audit committee. ... Summary Director Compensation Table: Paul Bourgon Fees Earned or Paid in Cash ($) 40,000, Stock Awards ($) 45,798, Total ($) 85,798.
2012-06-19	Paul Bourgon has been a Director of Triumph since October 2008. Mr. Bourgon has served as President of the Aeroengine division of SKF Aeroengine since 2006. ... his ongoing responsibility for the financial statements of the business he manages, enables him to lend additional financial expertise to the deliberations of the Board and as Chair of the audit committee.
2013-06-13	Paul Bourgon has been a Director of Triumph since October 2008. ... his ongoing responsibility for the financial statements of the business he manages, enables him to lend additional financial expertise to the deliberations of the Board and as Chair of the Audit Committee.
2014-06-06	Paul Bourgon has been a Director of Triumph since October 2008. Mr. Bourgon has served as President of the Aeroengine division of SKF Aeroengine since 2006... his ongoing responsibility for the financial statements of the business he manages, enables him to lend additional financial expertise to the deliberations of the Board and as Chair of the Audit Committee.
2015-06-05	Paul Bourgon has been a Director of Triumph since October 2008. Mr. Bourgon has served as President of the Aeroengine division of SKF Aeroengine since 2006. ... The following table summarizes compensation we paid to non-employee directors for their service during fiscal 2015. Paul Bourgon Fees Earned or Paid in Cash ($) 65,000 Stock Awards ($) 70,844 Total ($) 135,844.
2016-06-10	Paul Bourgon has been a Director of Triumph since October 2008. Mr. Bourgon has served as General ManagerGlobal Sales and Engineering for SKF Aeroengine since 2006. SKF Group supplies products, solutions and services within rolling bearings, seals, mechatronics, services and lubrication systems and SKF Aeroengine, a division of SKF Group, focuses on providing services in bearing repair and overhaul. Prior to joining SKF Aeroengine, Mr. Bourgon served as Vice PresidentMarketing of Heroux-Devtex Inc., a company which then supplied the commercial and military sectors with landing gear, airframe structural components, including kits, and aircraft engine components. Mr. Bourgon also serves on the board of directors of Venture Aerobearing LLC. Mr. Bourgon's current experience as a president of a significant aerospace business and his past experience within the aerospace industry enable him to serve as an additional point of reference on trends and developments affecting Triumph's business and its customers, suppliers and competitors. In addition, his background as a Chartered Accountant, member of the Canadian Institute of Chartered Accountants since 1983, articling with Coopers & Lybrand in Montreal in the Auditing and Taxes departments, as well as his ongoing responsibility for the financial statements of the business he manages, enables him to lend additional financial expertise to the deliberations of the Board. Non-employee directors receive a total annual cash retainer of $60,000 for their service as a Board member. Additional annual cash compensation is provided for committee Chair responsibilities per year. The Chairs of Board committees other than the Audit Committee and the Compensation Committee receive an additional $3,000 per year. The Chair of the Audit Committee, currently Mr. Mansfield, receives an additional $5,000 per year. The Chair of the Compensation Committee, currently Mr. Drosdick, receives an additional $4,000 per year. The non-executive Chairman, currently Gen. Eberhart, receives an additional $65,000 per year for his service in that position. The directors do not receive an additional fee for meeting attendance. Mr. Ill did not receive separate compensation for his Board service while he was Chairman or President and Chief Executive Officer. Mr. Crowley did not receive separate compensation for his Board service while he was President and Chief Executive Officer. Non-employee directors receive an annual equity award in the form of deferred stock units with a grant date value of approximately $70,000. In their first year of service, new non-employee directors may receive an additional grant of a maximum of 5,000 shares. Each deferred stock unit represents the contingent right to receive one share of the Company's common stock. The deferred stock units vest over a three or four-year period and the shares of common stock underlying vested deferred stock units generally will be delivered on January 1 of the year following the year in which the non-employee director terminates service as a director of the Company. The following table summarizes compensation we paid to non-employee directors for their service during fiscal year 2016. Paul Bourgon 60,000 69,414 — 129,414
2017-06-09	Paul Bourgon has been a Director of Triumph since October 2008. Mr. Bourgon has served as General ManagerGlobal Sales and Engineering for SKF Aeroengine since 2006. ... The Audit Committee, currently consisting of Messrs. Drosdick, Gozon, Ms. Hickton and Messrs. Mansfield (Chair) and Silvestri, met eight times during the last fiscal year. ... 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 Governance Committee, currently consisting of Messrs. Bourgon, Gozon (Chair), Ms. Hickton, Messrs. Mansfield and Silvestri, 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.
2018-05-31	Paul Bourgon has been a Director of Triumph since 2008. Mr. Bourgon has served as General ManagerGlobal Sales and Engineering for SKF Aeroengine since 2006. ... The following table summarizes compensation we paid to non-employee directors for their service during fiscal year 2018 ... Paul Bourgon 85,000 Fees Earned or Paid in Cash, 139,324 Stock Awards, Total 224,324.
2019-06-07	Paul Bourgon has been a Director of Triumph since 2008. Mr. Bourgon has served as General ManagerGlobal Sales and Engineering for SKF Aeroengine since 2006. SKF Group supplies products, solutions and services within rolling bearings, seals, mechatronics, services and lubrication systems and SKF Aeroengine, a division of SKF Group, focuses on providing services in bearing repair and overhaul. Prior to joining SKF Aeroengine, Mr. Bourgon served as Vice PresidentMarketing of Heroux-Devtex Inc., a company which then supplied the commercial and military sectors with landing gear, airframe structural components, including kits, and aircraft engine components. Mr. Bourgon also serves on the board of directors of Venture Aerobearing LLC. Mr. Bourgon's current experience as a president of a significant aerospace business and his past experience within the aerospace industry enable him to serve as an additional point of reference on trends and developments affecting Triumph's business and its customers, suppliers and competitors. In addition, his background as a Chartered Accountant, member of the Canadian Institute of Chartered Accountants since 1983, articling with Coopers & Lybrand in Montreal in the Auditing and Taxes departments, as well as his ongoing responsibility for the financial statements of the business he manages, enables him to lend additional financial expertise to the deliberations of the Board. 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 Governance Committee, currently consisting of Mr. Bourgon, Mr. Garton, Ms. Hickton, Mr. Silvestri and Gen. Spencer (Chair), met four 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. 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. The following table summarizes compensation we paid to non-employee directors for their service during fiscal year 2019 under this revised non-employee director compensation program. Paul Bourgon received $85,000 in fees earned or paid in cash and $140,002 in stock awards, totaling $225,002.
2020-06-02	Paul Bourgon has been a director of Triumph since 2008. Mr. Bourgon has served as General Manager—Global Sales and Engineering for SKF Aeroengine since 2006. ... 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 $85,000. ... The following table summarizes compensation we paid to non-employee directors for their service during fiscal year 2020 ... Paul Bourgon Fees Earned or Paid in Cash ($) 85,000, Stock Awards ($) 140,000, Total ($) 225,000.
2021-06-08	Paul Bourgon has been a director of Triumph since 2008. Mr. Bourgon is the former General Manager—Global Sales and Engineering for SKF Aeroengine, a position he held from 2006 until May 2021. SKF Group supplies products, solutions and services within rolling bearings, seals, mechatronics, services and lubrication systems and SKF Aeroengine, a division of SKF Group, focuses on providing services in bearing repair and overhaul. Prior to joining SKF Aeroengine, Mr. Bourgon served as Vice President Marketing of Heroux-Devtex Inc., a company that then supplied the commercial and military sectors with landing gear, airframe structural components, including kits, and aircraft engine components. Mr. Bourgon also serves on the board of directors of Venture Aerobearing LLC. Experience Mr. Bourgon’s experience as a president of a significant aerospace business and his experience within the aerospace industry enable him to serve as an additional point of reference on trends and developments affecting Triumph’s business and its customers, suppliers and competitors. In addition, his background as a Chartered Accountant, member of the Canadian Institute of Chartered Accountants since 1983, articling with Coopers & Lybrand in Montreal in the Auditing and Taxes departments, as well as his ongoing responsibility for the financial statements of the business he manages, enables him to lend additional financial expertise to the deliberations of the Board. Director Age and Committee Composition Paul Bourgon 64 Member Member Member
2022-06-03	Paul Bourgon has been a director of Triumph since 2008. Mr. Bourgon is the former General Manager—Global Sales and Engineering for SKF Aeroengine, a position he held from 2006 until May 2021. SKF Group supplies products, solutions and services within rolling bearings, seals, mechatronics, services and lubrication systems and SKF Aeroengine, a division of SKF Group, focuses on providing services in bearing repair and overhaul. Prior to joining SKF Aeroengine, Mr. Bourgon served as Vice President Marketing of Heroux-Devtex Inc., a company that then supplied the commercial and military sectors with landing gear, airframe structural components, including kits, and aircraft engine components. Mr. Bourgon also serves on the board of directors of Venture Aerobearing LLC. Mr. Bourgon’s experience as a president of a significant aerospace business and his experience within the aerospace industry enable him to serve as an additional point of reference on trends and developments affecting Triumph’s business and its customers, suppliers and competitors. In addition, his background as a Chartered Accountant, member of the Canadian Institute of Chartered Accountants since 1983, articling with Coopers & Lybrand in Montreal in the Auditing and Taxes departments, as well as his ongoing responsibility for the financial statements of the business he manages, enables him to lend additional financial expertise to the deliberations of the Board. The Board has adopted a written charter for each of the standing committees, each of which is reviewed at least annually by the relevant committee. A copy of the charter of each standing Board committee is posted on our website at www.triumphgroup.com under “Investor Relations—Corporate Governance” and is available in print to any stockholder upon request. The Audit Committee, currently consisting of Mr. Garton (Chair), Mr. Keating, Ms. Repplier and Gen. Spencer, met seven times during the last fiscal year. The Compensation Committee, currently consisting of Mr. Bourgon, Mr. Eberhart, Mr. Garton, Ms. Humpton (Chair), Mr. Keating and Ms. Repplier met four times during the last year and also acted one time by unanimous written consent. The Finance Committee, currently consisting of Mr. Bourgon, Mr. Eberhart, Mr. Garton, Ms. Humpton, Ms. Repplier (Chair), and Gen. Spencer, met four times during the last fiscal year and also acted one time by unanimous written consent. In fiscal year 2022, each of the independent directors received a cash retainer in the amount of $85,000. Mr. Mansfield received a Lead Independent Director fee of $25,000. In addition, the Chair of the Audit Committee received a chair fee of $15,000, the Chair of the Compensation Committee received a chair fee of $12,500, the Chair of the Finance Committee received a chair fee of $10,000, and the Chair of the Governance Committee received a chair fee of $10,000. Each received an equity award in the form of restricted stock units. The following table summarizes compensation we paid to non-employee directors for their service during fiscal year 2022 under this revised non-employee director compensation program. Paul Bourgon Fees Earned or Paid in Cash ($)(1) 85,000 Stock Awards($)(2) 140,000 Total ($) 225,000
2023-06-09	Paul Bourgon has been a director of Triumph since 2008. Mr. Bourgon is the former General Manager—Global Sales and Engineering for SKF Aeroengine, a position he held from 2006 until May 2021. SKF Group supplies products, solutions and services within rolling bearings, seals, mechatronics, services and lubrication systems and SKF Aeroengine, a division of SKF Group, focuses on providing services in bearing repair and overhaul. Prior to joining SKF Aeroengine, Mr. Bourgon served as Vice President Marketing of Heroux-Devtex Inc., a company that then supplied the commercial and military sectors with landing gear, airframe structural components, including kits, and aircraft engine components. Mr. Bourgon also serves on the board of directors of Venture Aerobearing LLC.