Thermon Group Holdings, Inc. Announces Management Changes
December 08, 2020 at 06:35 am EST
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On December 3, 2020, Thermon Group Holdings, Inc. promoted Kevin Fox, currently Vice President, Corporate Development, to Senior Vice President, effective February 12, 2021. Mr. Fox the Company in March 2019 as Vice President, Corporate Development. In connection with this transition, Jay Peterson, Senior Vice President will cease to serve in such role and will terminate employment with the Company, effective February 12, 2021. Mr. Peterson’s separation is not the result of any dispute or disagreement with respect to the Company’s accounting principles, practices or financial statement disclosures. Subject to the execution of a Transition and Consulting Agreement and General Release (the “ Transition & Consulting Agreement ”), Mr. Peterson will receive the severance pay and benefits for a termination without cause pursuant to the terms of the Company’s executive severance plan.
Thermon Group Holdings, Inc. provides mission-critical industrial process heating solutions. The Company provides complete flow assurance, process heating, temperature maintenance, freeze protection and environmental monitoring solutions. The Company offers a full suite of products (heating units, heating cables, tubing bundles, heated blankets, and temporary power solutions), services (engineering, installation and maintenance services) and software (design optimization and wireless and network control systems). The Company operates through four segments: the United States and Latin America (USLAM), Canada, Europe, the Middle East and Africa (EMEA), and Asia-Pacific (APAC). It offers turnkey heat tracing solutions for maintaining pipe, vessel, and foundation temperatures in industrial and hazardous locations as well as in commercial applications. The Company also offers electric resistance, electrode and super critical coil tube boilers and steam generators.
THERMON GROUP HOLDINGS, INC. 
