WILLIAM F. GRIFFIN, JR. - Corporate Board Profile

ARGAN INC

Filing Date	Source Excerpt
2012-05-04	Mr. Griffin was appointed to the Board of Directors in April 2012. He is a co-founder of Gemma Power Systems, LLC and its affiliated companies ("GPS"), all wholly-owned subsidiaries of Argan since their acquisition in December 2006. Mr. Griffin is a veteran of power plant construction with over 34 years of related experience. He has been Vice Chairman of GPS since November 2007 and Chief Executive Officer of GPS since September 2008. ... Mr. Griffin contributes a level of understanding of our business not easily attainable by an outside member of our Board of Directors. ... The following table summarizes the fees and other compensation for the non-employee members of our Board of Directors for the fiscal year ended January 31, 2012: ... William F. Griffin, Jr. is not listed in the director compensation table, indicating no separate director compensation.
2013-05-02	Mr. Griffin was appointed to the Board of Directors in April 2012. He is a co-founder of Gemma Power Systems, LLC and its affiliated companies (Gemma), all wholly-owned subsidiaries of Argan since their acquisition in December 2006. ... Mr. Griffin is a veteran of power plant construction with over 35 years of related experience. ... With Mr. Griffin's appointment, our Board of Directors added a member with significant senior executive experience in the energy-related construction sector. ... The following table summarizes the fees and other compensation for the non-employee members of our Board of Directors for the fiscal year ended January 31, 2013: ... William F. Griffin, Jr. is not listed in the compensation table for non-employee directors, indicating he is a management director and does not receive director compensation.
2014-05-02	Mr. Griffin was appointed to the Board of Directors in April 2012. He is a co-founder of Gemma Power Systems, LLC and its affiliated companies ("Gemma"), all wholly-owned subsidiaries of Argan since their acquisition in December 2006. ... Mr. Griffin is a veteran of power plant construction with over 35 years of related experience. ... The revenues of Gemma represented approximately 96% of our consolidated revenues for the year ended January 31, 2014. ... Mr. Griffin contributes an in-depth understanding of our business not easily attainable by an outside member of our Board.
2015-05-08	Mr. Griffin was appointed to the Board of Directors in April 2012. He is a co-founder of Gemma Power Systems, LLC and its affiliated companies, all wholly-owned subsidiaries of Argan since their acquisition in December 2006. Mr. Griffin is a veteran of power plant construction with over 35 years of related experience. For the year ended January 31, 2015, total compensation was not separately stated for Mr. Griffin as a director.
2016-05-06	Mr. Griffin was appointed to the Board of Directors in April 2012. He is a co-founder of Gemma Power Systems, LLC and its affiliated companies (Gemma), all wholly-owned subsidiaries of Argan since their acquisition in December 2006. The following table sets forth the total amount of compensation paid to or earned by the Named Executive Officers for the fiscal years ended January 31, 2016... William F. Griffin, Jr. Total Compensation $3,633,600.
2016-05-11	Mr. Griffin was appointed to the Board of Directors in April 2012. He is a co-founder of Gemma Power Systems, LLC and its affiliated companies, all wholly-owned subsidiaries of Argan since their acquisition in December 2006. The revenues of Gemma represented approximately 90% of our consolidated revenues for the year ended January 31, 2016. The following table summarizes the fees and other compensation for the non-employee members of our Board of Directors for Fiscal 2016... No compensation listed for Mr. Griffin as a director.
2018-05-07	Mr. Griffin was appointed to the Board of Directors in April 2012. He is a co-founder of Gemma Power Systems, LLC ("Gemma") which was acquired by Argan in December 2006. ... The Summary Compensation Table shows total compensation of $5,039,600 for Fiscal 2018.
2019-05-06	Mr. Griffin was appointed to the Board of Directors in April 2012. He is a co-founder of Gemma Power Systems, LLC ("Gemma") which was acquired by Argan in December 2006 ... Mr. Griffin has significant senior executive experience in the energy-related construction sector. ... Executive Compensation ... Mr. Griffin earned non-equity incentive plan compensation of $2,060,000 for Fiscal 2019 ... The committee also approved the payment of non-equity incentive plan compensation and an annual cash bonus related to Fiscal 2019 to Mr. Griffin in the total amount of $4,000,000. ... Summary Compensation Table ... Total Compensation $5,036,700.
2020-05-06	William F. Griffin, Jr. Mr. Griffin was appointed to the Board of Directors in April 2012 ... On November 15, 2019, Mr. Griffin reached agreement with the Company on the terms of the change in his role at Gemma. He now holds the position of Non-Executive Chairman of Gemma. ... The changes in his employment agreement increased his base salary to $3.0 million ... The Compensation Committee approved the payment of an annual cash bonus related to performance during Fiscal 2020 to Mr. Griffin in the amount of $1,612,179 ... Mr. Griffin is considered a Named Executive Officer for Fiscal 2020 ... Compensation for Mr. Griffin ... The changes in his employment agreement increased his base salary to $3.0 million, removed incentive compensation related to performance-based criteria and allows for discretionary bonuses. ... The Compensation Committee approved a cash bonus payment to Mr. Griffin for Fiscal 2020 in the amount of $1,612,179 ... The following table sets forth the total amount of compensation paid to or earned by these Named Executive Officers for services in all capacities for the fiscal years ended January 31, 2020, 2019 and 2018. ... William F. Griffin, Jr. ... 2020 ... $3,029,200 ...
2021-05-04	William F. Griffin, Jr. Mr. Griffin was appointed to the Board of Directors in April 2012. He is a co-founder of Gemma Power Systems, LLC (“Gemma”) which was acquired by Argan in December 2006 along with its affiliated companies. Mr. Griffin is a veteran of power plant construction with over 38 years of related experience.
2022-05-02	William F. Griffin, Jr. Mr. Griffin was appointed to the Board of Directors in April 2012. He is a co-founder of Gemma Power Systems, LLC (“Gemma”) which was acquired by Argan in December 2006 along with its affiliated companies.
2023-05-01	Mr. Griffin is a co-founder of Gemma Power Systems, LLC, which was acquired by Argan in December 2006.
2024-04-30	Mr. Griffin was appointed to the Board of Directors in April 2012.