| 2013-04-09 |
Thomas L. Williams has been a member of our board of Directors since May 2008. Since 2008, Mr. Williams has served as Executive Vice President and Operating Officer of Parker Hannifin Corporation ("Parker Hannifin"), a manufacturer of motion and control technologies. |
| 2014-04-08 |
Thomas L. Williams has been a member of our Board of Directors since May 2008. He serves on the Audit Committee and the Compensation Committee. 2013 director compensation for Thomas L. Williams was $157,000. |
| 2015-04-14 |
Thomas L. Williams
Age: 56
Member of the Board of Directors since 2008
Board Member
Compensation Committee: Member
Nominations and Corporate Governance Committee: Member
2014 Director Compensation Table: Fees Earned or Paid in Cash: $83,500, Stock Awards: $90,000, Total: $173,500 |
| 2016-04-12 |
Mr. Williams was elected Chairman of the Board of Parker Hannifin Corporation (ParkerHannifin), a manufacturer of motion and control technologies, in January 2016 and has served as director and Chief Executive Officer of Parker Hannifin since February 2015. From 2008 to February 2015, Mr. Williams served as Executive Vice President and Operating Officer of ParkerHannifin. Mr. Williams joined Parker Hannifin in 2003 as Vice President Operations - Hydraulics Group and became President - Instrumentation Group in 2005 and Senior Vice President - Operating Officer in 2006. Prior to joining Parker Hannifin, Mr. Williams was employed by General Electric Company for 22 years, where he held various executive operating positions for four different business groups: GE Capital, Aviation, Lighting and Transportation. In light of our business and structure, the Board nominated Mr. Williams to serve on our Board of Directors for the following reasons. Mr. Williams has over 30 years of international operations and manufacturing experience, including through substantial service in executive-level positions, at Parker Hannifin and General Electric. As a multinational manufacturer, we benefit substantially from Mr. Williamss background in this area. Mr. Williams also has experience as a Chief Executive Officer of a publicly traded company, as well as sales, marketing and corporate development experience, all of which are important to us. The Board believes that Mr. Williamss experience will enhance the knowledge of the Board and provide useful insights to management. |
| 2017-04-11 |
Mr. Williams was elected Chairman of the Board of Parker Hannifin Corporation ("Parker Hannifin"), a manufacturer of motion and control technologies, in January 2016 and has served as director and Chief Executive Officer of Parker Hannifin since February 2015. From 2008 to February 2015, Mr. Williams served as Executive Vice President and Operating Officer of Parker Hannifin. Mr. Williams joined Parker Hannifin in 2003 as Vice President Operations - Hydraulics Group and became President - Instrumentation Group in 2005 and Senior Vice President - Operating Officer in 2006. Prior to joining Parker Hannifin, Mr. Williams was employed by General Electric Company for 22 years, where he held various executive operating positions for four different business groups: GE Capital, Aviation, Lighting and Transportation. In light of our business and structure, the Board nominated Mr. Williams to serve on our Board of Directors for the following reasons. Mr. Williams has over 30 years of international operations and manufacturing experience, including through substantial service in executive-level positions, at Parker Hannifin and General Electric. As a multinational manufacturer, we benefit substantially from Mr. Williams’s background in this area. Mr. Williams also has experience as a Chief Executive Officer of a publicly traded company, as well as sales, marketing and corporate development experience, all of which are important to us. The Board believes that Mr. Williams’s experience will enhance the knowledge of the Board and provide useful insights to management. |
| 2018-04-11 |
Director Since: 2008 Committee Memberships: Nominations and CorporateGovernance (Chair) Compensation Mr. Williams was elected Chairman of the Board of Parker Hannifin Corporation ("Parker Hannifin"), a manufacturer of motion and control technologies, in January 2016 and has served as director and Chief Executive Officer of Parker Hannifin since February 2015. From 2008 to February 2015, Mr. Williams served as Executive Vice President and Operating Officer of Parker Hannifin. Mr. Williams joined Parker Hannifin in 2003 as Vice President Operations Hydraulics Group and became President Instrumentation Group in 2005 and Senior Vice President Operating Officer in 2006. Prior to joining Parker Hannifin, Mr. Williams was employed by General Electric Company for 22 years, where he held various executive operating positions for four different business groups: GE Capital, Aviation, Lighting and Transportation. In light of our business and structure, the Board nominated Mr. Williams to serve on our Board of Directors for the following reasons. Mr. Williams has over 30 years of international operations and manufacturing experience, including through substantial service in executive-level positions, at Parker Hannifin and General Electric. As a multinational manufacturer, we benefit substantially from Mr. Williams's background in this area. Mr. Williams also has experience as a Chief Executive Officer of a publicly traded company, as well as sales, marketing and corporate development experience, all of which are important to us. The Board believes that Mr. Williams's experience will enhance the knowledge of the Board and provide useful insights to management. 2017 Director Compensation Table The following table summarizes the compensation of our non-employee directors for fiscal year 2017. Messrs. Thomas and Johnson, as executive officers of the Company, do not receive any additional compensation for the services they perform as a member of our Board of Directors. Name Fees Earned or Paid in Cash($) Stock Awards ($)(1) Total($) Thomas L. Williams 109,750 $98,750 $208,500 |
| 2019-04-11 |
Director Since: 2014 Committee Memberships: Nominations and Corporate Governance Thomas L. Williams Age: 0 Mr. Williams is not standing for re-election to the Board and will cease service on the NCGC effective as of the 2019 Annual Meeting. |