President and Chief Executive Officer · Thermon Group Holdings, Inc. (THR)

Bruce Thames

A named executive officer of Thermon in every fiscal year CompBrief holds from FY2021 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$2,579,122

FY2024: $2,559,952

1st of 7 named executive officers at Thermon by FY2025 total.

7 named officers on file for Thermon, FY2025

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What this number hides

The filing gives the total. Thermon’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed June 18, 2025 (DEF 14A). Insider transactions since that proxy, current to 2026-11-07.

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Bruce Thames compensation by year

Thermon Summary Compensation Table · all 5 fiscal years held
In US dollars, as Thermon reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2021FY2022FY2023FY2024FY2025
Salary$585,000$650,000$665,014$689,990$715,035
Bonus$100,854$0$0$0$0
Stock awards$1,299,976$1,299,946$1,486,613$1,299,951$1,299,963
Option awards$198,729$0$0$0$0
Non-equity incentive$117,000$1,047,835$1,197,025$548,873$543,620
Pension and deferred compensation$0$0$0$0$0
All other$11,025$12,629$17,142$21,138$20,504
Total$2,312,584$3,010,410$3,365,794$2,559,952$2,579,122

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Thermon Group Holdings, Inc. DEF 14A filed June 18, 2025, accession 0001489096-25-000097, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Thermon Group Holdings, Inc. filed document, accession 0001489096-25-000097. Every figure is read from that document and cited to the page and table it appears in. Filed June 18, 2025.

$2.3M
$3.0M
$3.4M
$2.6M
$2.6M
FY21
FY22
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU62,203$1,732,354—
RSU36,671$1,021,287—

Per the Outstanding Equity Awards at Fiscal Year-End table in Thermon Group Holdings, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

7 Form 4 lines since the FY2025 proxy (filed June 18, 2025)
current to 2026-11-07 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-06-01Disposition to the issuer—468,595—0
2026-06-01Grant or award—78,307—468,595
2026-06-01Disposition to the issuer derivative—32,472—0
2026-05-12Grant or award—28,067$0.00388,550
2026-05-12Grant or award—21,069$0.00409,619
2026-05-12Tax withholding—19,331$64.69390,288
2025-11-12Gift—1,440$35.58360,483

The 7 most recent of 7 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Change-in-control & termination

estimated payments Thermon discloses, by trigger · FY2025
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Involuntary termination without cause$1,081,770$1,943,837$41,555$3,782,197
Change in control and involuntary termination$1,802,950$2,753,641$69,258$7,128,471

Per the Potential Payments Upon Termination or Change in Control table in Thermon Group Holdings, Inc.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.

Thermon’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Bruce Thames · this pagePresident and Chief Executive Officer$2,579,122
Jan SchottSenior Vice President, Chief Financial Officer$980,382
Thomas CerovskiSenior Vice President, Global Business Units$915,063
Mark RobertsSenior Vice President, Thermon Heating Systems & Engineering$805,491
Roberto KuaharaSenior Vice President, Global Operations$805,008
Greg LucasVice President, Chief Accounting Officer$662,827
Kevin FoxFormer Senior Vice President, Chief Financial Officer$13,906

Board service

Thermon board · FY2023–FY2025

How this board is paid

Company policy: Thermon pays directors a $70,000 cash retainer and $95,000 in Stock Awards. As stated in Thermon's FY2025 proxy.

The full Thermon compensation record

free company brief

This page is one person within Thermon's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the Thermon proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Thermon's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Thermon's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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Bruce Thames's compensation dossier