Last updated: 5 January 2021 at 6:03pm EST

Michael Press Net Worth




The estimated Net Worth of Michael W Press is at least $2.02 Million dollars as of 3 June 2020. Mr. Press owns over 13,300 units of Thermon Inc stock worth over $1,099,539 and over the last 18 years he sold THR stock worth over $743,900. In addition, he makes $172,576 as Independent Director at Thermon Inc.

Mr. Press THR stock SEC Form 4 insiders trading

Michael has made over 5 trades of the Thermon Inc stock since 2011, according to the Form 4 filled with the SEC. Most recently he bought 13,300 units of THR stock worth $199,101 on 3 June 2020.

The largest trade he's ever made was buying 13,300 units of Thermon Inc stock on 3 June 2020 worth over $199,101. On average, Michael trades about 394 units every 49 days since 2006. As of 3 June 2020 he still owns at least 39,566 units of Thermon Inc stock.

You can see the complete history of Mr. Press stock trades at the bottom of the page.





Michael Press biography

Michael W. Press serves as Independent Director of the Company. He is a retired chief executive officer of KBC Advanced Technologies PLC (LSE:KBC), a publicly traded international petroleum and petrochemicals consulting and software firm, a position he held from 1997 to 2001. Since 2001, Mr. Press has served on various boards of directors and worked with a number of private equity backed companies in the United States, Europe and Asia, often in preparation for a public listing or sale. He served on the board of directors of Chart Industries, Inc. (NASDAQ:GTLS) from 2006 to 2016. He also served on the board of directors of Lamprell plc (LSE:LAM), a provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, from 2013 to 2015. Mr. Press previously served as a director and senior independent director of Petrofac, Ltd. (LSE:PFC) from 2002 to 2010. He holds a B.S. from Colorado College, a M.S. from Columbia University and an Advanced Management Program degree from Stanford University. Mr. Press brings to the Board substantial experience as a director and executive officer of publicly held companies and over 30 years of international energy industry experience, including senior executive positions at The Standard Oil Company, British Petroleum plc, BP America and Amerada Hess Corporation. He also has significant manufacturing, operations, finance, corporate governance and corporate development experience gained from serving on 18 public and private boards both in the United States and internationally.

What is the salary of Michael Press?

As the Independent Director of Thermon Inc, the total compensation of Michael Press at Thermon Inc is $172,576. There are 9 executives at Thermon Inc getting paid more, with Bruce Thames having the highest compensation of $2,187,550.



How old is Michael Press?

Michael Press is 73, he's been the Independent Director of Thermon Inc since 2011. There are no older and 22 younger executives at Thermon Inc.

What's Michael Press's mailing address?

Michael's mailing address filed with the SEC is 7171 SOUTHWEST PARKWAY, BUILDING 300, SUITE 200, AUSTIN, TX, 78735.

Insiders trading at Thermon Inc

Over the last 13 years, insiders at Thermon Inc have traded over $587,931,720 worth of Thermon Inc stock and bought 70,581 units worth $1,271,342 . The most active insiders traders include Marcus J George, Private Equity V Lpchs Mana..., and Daniel J Hennessy. On average, Thermon Inc executives and independent directors trade stock every 25 days with the average trade being worth of $5,693,032. The most recent stock trade was executed by Kevin J Mcginty on 3 June 2024, trading 5,000 units of THR stock currently worth $164,200.



What does Thermon Inc do?

the heat tracing specialists thermon holds a unique position as the only international heat tracing company completely dedicated to its industry. since 1954, thermon has concentrated its efforts exclusively on heat tracing, the external application of heat to pipes, tanks and instrumentation. today, thermon continues to be an industry leader in the specialized field of heat tracing technology. the vast knowledge base of thermon’s employees, combined with the most extensive line of heat tracing products and design tools available, optimizes the customer’s “cost of ownership” by ensuring that all aspects of the application have been considered. global capabilities with global design, manufacturing, and warehouse facilities, thermon is capable of supplying heat tracing system design and products to meet the needs of customers around the world. these stateof-the-art facilities incorporate patented manufacturing processes utilizing computer-controlled equipment, laser technology and



What does Thermon Inc's logo look like?

Thermon Group Holdings Inc logo

Complete history of Mr. Press stock trades at Chart Industries Inc and Thermon Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
3 Jun 2020 Michael W Press
Director
Buy 13,300 $14.97 $199,101
3 Jun 2020
39,566
1 Aug 2013 Michael W Press
Director
Option 2,091 $20.09 $42,008
1 Aug 2013
5,875
5 Aug 2013 Michael W Press
Director
Sale 2,000 $114.68 $229,360
5 Aug 2013
6,648
7 Aug 2012 Michael W Press
Director
Sale 4,000 $68.51 $274,040
7 Aug 2012
7,797
27 May 2011 Michael W Press
Director
Sale 5,000 $48.10 $240,500
27 May 2011
10,434


Thermon Inc executives and stock owners

Thermon Inc executives and other stock owners filed with the SEC include: