People: Bio-Techne Corp (TECH.OQ)
20 Sep 2019
Mr. Charles R. Kummeth is President, Chief Executive Officer, Director of Bio-Techne Corporation. Prior to joining the Company, he served as President of Mass Spectrometry and Chromatography at Thermo Fisher Scientific Inc. from September 2011. He was President of that company’s Laboratory Consumables Division from 2009 to September 2011. Prior to joining Thermo Fisher, Mr. Kummeth served in various roles at 3M Corporation, most recently as the Vice President of the company’s Medical Division from 2006 to 2008. Mr. Kummeth also serves on the board of two other public companies, Sparton Corp, an electromechanical device company, and Gentherm, Inc., developer of thermal management technologies. Among other attributes, skills and qualifications, the Board believes that Mr. Kummeth is qualified to serve as a Director of the Company because of his extensive executive management experience and expertise leading the growth of biotechnology companies. In addition, the Board believes that having the Chief Executive Officer serve as a member of the Board promotes strategy development and implementation and facilitates the flow of information between the Board and management.
|Total Annual Compensation, USD||2,521,920|
|Restricted Stock Award, USD||3,550,010|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||3,592,940|
|Fiscal Year Total, USD||9,664,870|