Kevin McGinty - Thermon Group Independent Director

THR Stock  USD 31.56  0.14  0.44%   

Director

Mr. Kevin J. McGinty is an Independent Director of Thermon Group Holdings Inc. Mr. McGinty joined the private investment firm Ursula Capital Partners as a special limited partner in 2017. He is also a retired senior advisor of Peppertree Capital Management, Inc., a private equity fund management firm from which he retired in 2015. Prior to founding Peppertree in January 2000, he served as a managing director of Primus Venture Partners from 1990 to 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 has over 40 years of experience in the banking and private equity industries, including 20 years as an officer of a bank and 20 years serving in the role of managing director for a variety of private equity firms. Mr. McGinty previously served as a director of Marlin Business Services, Inc. from February 1998 to 2014. He also has 25 years of experience serving as a director of privately held companies. Mr. McGinty has also held leadership positions with various cultural and community organizations since 2012.
Age 71
Tenure 12 years
Professional MarksMBA
Address Building 300, Austin, TX, United States, 78735
Phone512 690 0600
Webhttps://www.thermon.com
McGinty received his undergraduate degree in economics from Ohio Wesleyan University and his M.B.A. in finance from Cleveland State University. The Board views Mr. McGinty’s independence, his banking experience, his experience in private equity, capital markets and mergers and acquisitions, as well as his experience as a director of other companies and his demonstrated leadership roles in business and community activities as important qualifications, skills and experience for serving as a director.

Thermon Group Management Efficiency

The company has Return on Asset of 0.0628 % which means that on every $100 spent on assets, it made $0.0628 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0942 %, implying that it generated $0.0942 on every 100 dollars invested. Thermon Group's management efficiency ratios could be used to measure how well Thermon Group manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Thermon Group's Return On Capital Employed is relatively stable compared to the past year. As of 12/01/2024, Return On Equity is likely to grow to 0.17, while Return On Tangible Assets are likely to drop 0.12. At this time, Thermon Group's Non Currrent Assets Other are relatively stable compared to the past year. As of 12/01/2024, Other Assets is likely to grow to about 10 M, while Non Current Assets Total are likely to drop slightly above 350.4 M.
Thermon Group Holdings has 187.49 M in debt with debt to equity (D/E) ratio of 0.41, which is OK given its current industry classification. Thermon Group Holdings has a current ratio of 2.16, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Thermon to invest in growth at high rates of return.

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Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries worldwide. Thermon Group Holdings, Inc. was founded in 1954 and is headquartered in Austin, Texas. Thermon Group operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 1227 people. Thermon Group Holdings (THR) is traded on New York Stock Exchange in USA. It is located in Building 300, Austin, TX, United States, 78735 and employs 1,416 people. Thermon Group is listed under Electrical Components & Equipment category by Fama And French industry classification.

Management Performance

Thermon Group Holdings Leadership Team

Elected by the shareholders, the Thermon Group's board of directors comprises two types of representatives: Thermon Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Thermon. The board's role is to monitor Thermon Group's management team and ensure that shareholders' interests are well served. Thermon Group's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Thermon Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Press, Independent Director
Ryan Tarkington, General Counsel and Corporate Secretary
Ryan JD, General VP
Kevin McGinty, Independent Director
Candace HarrisPeterson, Vice President of Human Resources
Greg Lucas, VP Controller
Thomas Cerovski, Senior Vice President of Global Sales
Ivonne Salem, Vice Relations
Marcus George, Independent Director
Johannes Salm, Senior Vice President - Global Operations
Linda Dalgetty, Independent Director
David Buntin, Senior Vice President - Thermon Heat Tracing
Bruce Thames, President, Chief Executive Officer, Director
Roberto Kuahara, Senior Vice President - Global Operations
John Nesser, Independent Chairman of the Board
Roger Fix, Independent Director
Jay Peterson, Chief Financial Officer, Senior Vice President - Finance, Secretary
John Clarke, Independent Director
Mark Roberts, Senior Vice President - Global Engineering and Project Services
Jan Schott, Senior CFO
James Pribble, Senior Vice President of Global Corporate Development
Kevin Fox, Chief Financial Officer, Senior Vice President
Thomas Lucas, Controller, VP

Thermon Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Thermon Group a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Thermon Group

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thermon Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thermon Group will appreciate offsetting losses from the drop in the long position's value.

Moving together with Thermon Stock

  0.67HI HillenbrandPairCorr
The ability to find closely correlated positions to Thermon Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thermon Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thermon Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thermon Group Holdings to buy it.
The correlation of Thermon Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thermon Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thermon Group Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thermon Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Thermon Stock Analysis

When running Thermon Group's price analysis, check to measure Thermon Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thermon Group is operating at the current time. Most of Thermon Group's value examination focuses on studying past and present price action to predict the probability of Thermon Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermon Group's price. Additionally, you may evaluate how the addition of Thermon Group to your portfolios can decrease your overall portfolio volatility.