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Argan Inc (AGX.N)

AGX.N on New York Stock Exchange

43.25USD
15 Dec 2017
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Summary

Name Age Since Current Position

Rainer Bosselmann

74 2003 Chairman of the Board, Chief Executive Officer

David Watson

43 2015 Chief Financial Officer, Senior Vice President

William Griffin

65 2012 Director; Vice Chairman, Chief Executive Officer of Gemma Power Systems

Daniel Martin

58 2010 President of Gemma Power Systems

Cynthia Flanders

62 2015 Director

Peter Getsinger

65 2014 Director

John Jeffrey

63 2017 Director

William Leimkuhler

65 2007 Independent Director

W Mitchell

70 2003 Independent Director

James Quinn

59 2003 Independent Director

Brian Sherras

59 2012 Independent Director

Biographies

Name Description

Rainer Bosselmann

Mr. Rainer H. Bosselmann serves as a Chairman of the Board, Chief Executive Officer of Argan Inc. Mr. Bosselmann has been a director and Chairman of the Board of Directors since May 2003 and our Chief Executive Officer since October 2003. Mr. Bosselmann was a director and Vice Chairman of the Board from January 2003 to May 2003. Mr. Bosselmann was Chairman of the Board, Chief Executive Officer and a director of Arguss Communications, Inc. (“Arguss”), a telecommunications infrastructure company listed on the New York Stock Exchange, from 1996 through 2002 and President of Arguss from 1997 through 2002. From 1991 through 1995, Mr. Bosselmann served as Vice Chairman of the Board and President of Jupiter National, Inc. (“Jupiter National”), a business development company then listed on the American Stock Exchange. Mr. Bosselmann currently serves as a director of The Roberts Company (since 2008), a privately owned firm. Mr. Bosselmann served as a director of Midasco LLC from 2008 until 2011 and Morgan Contracting Inc. from 2010 until 2013, both privately owned firms.

David Watson

Mr. David Hibbert Watson is serves as a Chief Financial Officer, Senior Vice President of Argan, Inc. Mr. Watson is a CPA and has held senior financial positions with public and private companies for over 15 years. Most recently Mr. Watson was the CFO and Treasurer of Gladstone Investment Corporation (NASDAQ:GAIN) and Gladstone Capital Corporation (NASDAQ:GLAD). Prior to that he served as Director of Portfolio Accounting of MCG Capital from July 2007 until January 2010.

William Griffin

Mr. William F. Griffin, Jr., is serves as a Director of Argan Inc., and Vice Chairman, Chief Executive Officer of Gemma Power Systems, a subsidiary of Argan Inc. 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. From September 2008 to January 2009, he was also President of GPS. From December 2006 to November 2007, he was Chief Executive Officer of GPS.

Daniel Martin

Mr. Daniel L. Martin is serves as a President of Gemma Power Systems., a subsidiary of Argan Inc. Prior to that date, Mr. Martin was Senior Vice President and General Manager of the operating division in Reading, Pennsylvania, for WorleyParsons, a provider of professional services to the energy sector. In that capacity, Mr. Martin was responsible for the performance of the division, which conducts preliminary engineering, detailed design, procurement, construction management and other support services for electric generating facilities including those operating on fossil, nuclear and renewable fuels.

Cynthia Flanders

Ms. Cynthia A. Flanders is serves as a Director of the Company. She was Chief Financial Officer, Senior Vice President of Argan, Inc. She was an Independent Director of Argan Inc. she founded Skipjack Partners LLC, a woman-owned consultancy doing business as Manage Fearlessly, an Internet resource for managers and entrepreneurs. Since October 2013, she has also served as a senior advisor for Verit Advisors LLC, an independent investment bank advisory firm that specializes in ESOPs and other ownership transitions. From 1975 through 2009, Ms. Flanders held a series of positions of increasing responsibility with Bank of America and its predecessor organizations (the “Bank”). Ultimately, she served as the Global Commercial Banking Executive for the Bank’s Mid-Atlantic region overseeing eight commercial banking markets and over 80 client teams delivering a full array of financial services to over 6,000 small, middle market and micro cap clients in the Mid-Atlantic region. From 2000 to 2008, as a Commercial Market Executive, Ms. Flanders led twelve client management teams covering middle market clients and prospects throughout Maryland and the Washington, D.C. metropolitan area. In addition to spending over 20 years in commercial banking, Ms. Flanders also worked in the consumer banking, operations and finance organizations of the Bank.

Peter Getsinger

Mr. Peter W. Getsinger is serves as a Director of the Company., effective November 6, 2014. Mr. Getsinger was until recently Managing Partner, founder and chief investment officer of Nexstar Capital Partners LLC, an alternative investment managing firm focused on investing in emerging markets. Mr. Getsinger is also a director of Electro Dunas in Lima, Peru.

John Jeffrey

Mr. John R. Jeffrey, Jr. is Director of the Company. During Mr. Jeffrey’s 40 years of experience at Deloitte & Touche LLP (“Deloitte”) including 30 years as a partner, he served as lead client service partner, audit partner and advisory partner to several of Deloitte’s largest clients. Mr. Jeffrey was Managing Partner of Deloitte’s Global Japanese Services Group from 2003 to 2015. Mr. Jeffrey was a member of Deloitte’s United States Chairman and CEO Nominating Committee in 2010.Mr. Jeffrey provides our Board with significant expertise in the areas of public accounting, risk management, mergers and acquisitions, and related regulatory matters, which he developed over a long career with a leading audit firm. He also brings to the Board viable experience with operational and governance issues faced by complex organizations including extensive international expertise. Mr. Jeffrey also brings to our Board valuable experience in dealing with long-term construction projects, and the natural gas fracking business. Mr. Jeffrey is a Certified Public Accountant with an active license.On April 6, 2017, Ambassador Henry A. Crumpton announced to the Board of Directors his intention to retire from Argan’s Board by not standing for re-election at the 2017 Annual Meeting of Stockholders. The Board of Directors thanked Ambassador Crumpton for his 9 years of service and for the expertise and insight he contributed to Argan’s executive team each and every year.

William Leimkuhler

Mr. William F. Leimkuhler is serves as an Independent Director of Argan Inc. He has been General Counsel and Director of Business Development of Paice Corporation, a privately held developer of hybrid electric powertrains, since 1999. From 1994 through 1999, he held various positions with Allen & Company LLC, a New York investment banking firm, initially serving as the firm’s General Counsel. Prior to that, Mr. Leimkuhler was a corporate partner with the New York law firm of Werbel & Carnelutti (now Heller Ehrman White & McAuliffe). Mr. Leimkuhler is a Director of U.S. Neurosurgical, Inc. (OTCBB: USNU), and also serves on the Board of a number of privately held companies. He served as a Director of Integral Systems, Inc. (NASDAQ: ISYS) and Speedus Corp. (NASDAQ: SPDE).

W Mitchell

Mr. W.G. Champion Mitchell is serves as an Independent Director of Argan Inc. From January 2003 until June 2008, Mr. Mitchell was Chairman of the Board and Chief Executive Officer of Network Solutions, Inc. which was engaged in the creation, marketing and management of digital identity and web presence products. From August 2001 to 2003, Mr. Mitchell was Executive Vice President and General Manager, Mass Markets Division, of VeriSign Inc. which is a provider of critical Internet infrastructure services. From May 1999 to March 2000, Mr. Mitchell was Chairman, President and Chief Executive Officer of Convergence Equipment Company, a telephony switch manufacturer. Mr. Mitchell currently serves as a director of two privately-held companies, Direct Brands, Inc. and The 41st Parameter, Inc.

James Quinn

Mr. James W. Quinn is serves as an Independent Director of Argan Inc. Mr. Quinn has been a member of Board of Directors since May 2003. Mr. Quinn is currently a Managing Director of Allen. Since 1982, Mr. Quinn has served in various capacities at Allen and its affiliates, including head of the Corporate Syndicate Department and Chief Financial Officer for approximately ten years. Mr. Quinn served as a director of Arguss from 1999 through 2002. He also serves as a director on the boards of several privately held companies and charitable organizations.

Brian Sherras

Mr. Brian R. Sherras is serves as an Independent Director of Argan Inc. Mr. Sherras was appointed to Board of Directors in March 2012. He holds the position of Director—Sales and Business Development for Atlantic Projects Company Ltd. (“APC”), a management-owned limited liability company registered in Ireland that provides construction, engineering and maintenance services to the power generation sector with a historical focus on the installation of gas and steam turbines for combined cycle natural gas-fired power plants. He is responsible for global sales and business development. Prior to joining APC in 1999, Mr. Sherras held a succession of technical and management positions with the Power Systems group of General Electric Company.

Basic Compensation

Name Fiscal Year Total

Rainer Bosselmann

901,700

David Watson

830,000

William Griffin

5,000,000

Daniel Martin

960,600

Cynthia Flanders

212,600

Peter Getsinger

218,800

John Jeffrey

--

William Leimkuhler

218,800

W Mitchell

218,800

James Quinn

212,600

Brian Sherras

--
As Of  31 Jan 2017