Thermon Elects Kevin J. McGinty and John T. Nesser to Its Board of Directors
19 Juni 2012 - 2:00PM
Thermon Group Holdings, Inc. (NYSE:THR) (the "Company") and Thermon
Holding Corp. (together with the Company, the "Registrants") today
announced that Kevin J. McGinty and John T. Nesser have been
appointed to their respective boards of directors, effective June
15, 2012.
Mr. McGinty, age 63, is currently a Managing Director of
Peppertree Capital Management, Inc. (''Peppertree''), a private
equity fund management firm. Prior to founding Peppertree in
January 2000, Mr. McGinty served as a Managing Director of Primus
Venture Partners during the period from 1990 to December 1999. In
both organizations Mr. McGinty was involved in private equity
investing, both as a principal and as a limited partner. From 1970
to 1990, Mr. McGinty was employed by Society National Bank, now
KeyBank, N.A., where in his final position he was an Executive Vice
President. Mr. McGinty received his undergraduate degree in
economics from Ohio Wesleyan University and his MBA in finance from
Cleveland State University. Mr. McGinty has over 40 years of
experience in the banking and private equity industries.
Mr. Nesser, age 63, recently retired as Executive Vice President
and Chief Operating Officer of McDermott International, Inc.
(NYSE:MDR), a global engineering, procurement, construction and
installation company with a focus on the energy industry. He joined
McDermott as Associate General Counsel in 1998 and spent over 10
years in various senior management roles, including as General
Counsel, Chief Administrative Officer and Chief Legal Officer.
Previously, he served as a managing partner of Nesser, King &
LeBlanc, a New Orleans law firm, which he co-founded in 1985. Mr.
Nesser holds a B.S. in Business Administration, majoring in finance
and a J.D. from Louisiana State University. Mr. Nesser has
significant prior experience in legal and operational roles.
"Thermon is fortunate to welcome both John and Kevin as
directors," said Rodney Bingham, President and Chief Executive
Officer. "Kevin offers entrepreneurial insight and financial
literacy that will be invaluable as we continue to grow our
business. We look forward to drawing on the depth of John's
industry knowledge and operational experience to continue our
progress at Thermon. We are honored that each has agreed to serve
on our board."
About Thermon
Through its global network, Thermon provides highly engineered
thermal solutions, known as heat tracing, for process industries,
including energy, chemical processing and power generation.
Thermon's products provide an external heat source to pipes,
vessels and instruments for the purposes of freeze protection,
temperature maintenance, environmental monitoring and surface snow
and ice melting. Thermon is headquartered in San Marcos, Texas. For
more information, please visit www.thermon.com.
The Thermon logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7808
CONTACT: Sarah Alexander
(512) 396-5801
Investor.Relations@thermon.com
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