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Omega Flex Inc (OFLX.OQ)

OFLX.OQ on NASDAQ Stock Exchange Global Market

69.06USD
15 Dec 2017
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Summary

Name Age Since Current Position

Kevin Hoben

69 2005 President, Chief Executive Officer, Director

Paul Kane

49 2008 Chief Financial Officer, Vice President - Finance, Principal Accounting Officer

Mark Albino

64 2005 Chief Operating Officer, Executive Vice President, Director

Steven Treichel

66 2006 Senior Vice President - Corporate Development and Facilities Management

Timothy Scanlan

61 General Counsel, Corporate Secretary

David Evans

62 1996 Independent Director

J. Nicholas Filler

65 2009 Independent Director

Derek Glanvill

55 2015 Independent Director

Bruce Klink

66 1996 Independent Director

Stewart Reed

69 2005 Independent Director

Biographies

Name Description

Kevin Hoben

Mr. Kevin R. Hoben is President, Chief Executive Officer, Director of the Company. He is currently President and Chief Executive Officer of Omega Flex, and has served in that position since 2005, and prior to that he served as President since 1996. Mr. Hoben also has served as director since 1996 and as a director and chairman of the United Kingdom subsidiary, Omega Flex Limited, since 2001. Prior to joining Omega Flex, Mr. Hoben served in a number of senior executive positions with Titeflex Corporation, a manufacturer of flexible metal hose located in Springfield, Massachusetts, and is also a trustee of Williston-Northampton School, a private secondary school in Easthampton, Massachusetts. Mr. Hoben has over 30 years of experience in the sale and distribution of flexible metal hose products in positions of increasing scope and responsibility, and is a significant shareholder.

Paul Kane

Mr. Paul James Kane is Chief Financial Officer, Vice President - Finance, Principal Accounting Officer of the Company. He is currently Vice President – Finance and Chief Financial Officer, which he has held since 2008. Mr. Kane joined Omega Flex in September 2005, serving as Controller until 2007, and was named Principal Accounting Officer in 2007. Prior to joining the Company, he was the Assistant Controller at US Vision, Inc., a retail company, from 2002 to 2005; Senior Financial Analyst at Foamex International, a manufacturing and distribution company, from 1999 to 2002; and a Senior Accounting Consultant with Ernst & Young LLP from 1996 to 1999. He has been a certified public accountant since 1996.

Mark Albino

Mr. Mark F. Albino is Chief Operating Officer, Executive Vice President, Director of the Company. He is currently Executive Vice President and Chief Operating Officer. Since 1996, Mr. Albino served as Senior Vice President – Manufacturing and Engineering until he assumed his current position in 2005. Mr. Albino has served as director since 1996, and has also served as director of Omega Flex Limited since 2001. Prior to his joining, Mr. Albino held a variety of positions in manufacturing and engineering with Titeflex Corporation and Western Consolidated Technologies. Mr. Albino has over 30 years of experience and knowledge of manufacturing operations in industry, product design, and the technical requirements for bringing new products to market, and is the inventor of several patents covering important components of the products.

Steven Treichel

Mr. Steven A. Treichel is Senior Vice President - Corporate Development and Facilities Management of the Company. Previously he served as Vice President – TracPipe® Operations from 1996 to 2002, where he was responsible for engineering for the TracPipe® product line and research and development. Previously he served as Vice President of the Company in manufacturing and in engineering from 1990 to 2002, and prior to that, he was Plant Manager and Process Engineer from 1984 to 1990. Prior to joining Omega Flex, Mr. Treichel held a number of managerial positions at American Flexible Hose Company from 1978 to 1984, in manufacturing of metal hose fabrication, welding and assembly.

Timothy Scanlan

Mr. Timothy P. Scanlan is General Counsel, Corporate Secretary of the Company. He is currently a director of the Company’s subsidiary, Omega Flex Limited. Previously, Mr. Scanlan was Associate General Counsel with Mestek, Inc., the Company’s former parent corporation, from 1993 to 2006. Prior to 1993, Mr. Scanlan was previously employed by General Electric Company in a variety of positions in legal, manufacturing and finance. Mr. Scanlan is an attorney admitted to practice law in Massachusetts and Pennsylvania.

David Evans

Mr. David K. Evans is Independent Director of the Company. He is currently the President and Chief Executive Officer of Partners Mechanical, Inc., a mechanical contractor in Raleigh, North Carolina. Mr. Evans was previously the Construction Manager of American Residential Services, LLC (“ARS”), a large construction company headquartered in Raleigh, North Carolina. Mr. Evans has extensive experience in construction and installation of mechanical systems in construction, including products manufactured by the Company.

J. Nicholas Filler

Mr. J. Nicholas Nicholas Filler is Independent Director of the Company. He is Executive Vice President of Argotec, LLC, a manufacturing firm in Greenfield, Massachusetts. Prior to the acquisition of Argotec byWind Point Partners, a Chicago-based private equity investment firm, he had been the Chief Operating Officer of Argotec, Inc. since 2007 and President since 2011. Previously, Mr. Filler was the Senior Vice President – Corporate and Legal of Mestek, Inc., the Company’s former parent corporation, from 2001 to 2007, and is currently the corporate secretary of Mestek. Mr. Filler was also employed as in-house counsel to several small manufacturing and transportation firms in Western Massachusetts, and was an attorney and partner at Bulkley Richardson and Gelinas in Springfield, Massachusetts. Mr. Filler also served as corporate secretary of the Company from 2005 to 2007, and assistant secretary from 2007 to 2009, until his resignation upon his appointment to the board. Mr. Filler is also a director at Channing Bete Co., Pinsley Railroad Co., and Bete Fog Nozzle Co. Mr. Filler received a JD degree from Boston University Law School, and has extensive experience in directing and leading manufacturing firms, and also has extensive experience in accounting, finance, and financial reporting, as well as being an attorney with a practice in corporate law and corporate financing.

Derek Glanvill

Mr. Derek W. Glanvill is Independent Director of Company. He was formerly President and Chief Operating Officer of McCarthy Holdings, Inc., a large commercial construction company headquartered in St. Louis, MO, from 2007 until his retirement in 2015. In his position as President and COO of a large commercial construction company, Mr. Glanvill has extensive experience in managing a large commercial organization, experience in the construction industry, and expertise in analyzing and using financial statements of a large commercial organization. Mr. Glanvill is also a director of Mestek, Inc., the company’s former parent corporation. Mr. Glanvill will serve as a member of both the audit committee and the nominating/governance committee.

Bruce Klink

Mr. Bruce C. Klink is Independent Director of the Company. Until his retirement in 2009, Mr. Klink served as President of Dominion East Ohio, Inc., a subsidiary of Dominion, Inc., a diversified energy producer headquartered in Richmond, Virginia from 2008, and was previously Vice President – Gas Regulations and Vice President –Pricing and Business Development from 2000 to 2008. Mr. Klink has extensive experience and knowledge (a) of the natural gas utility market, which is an important factor in our flexible gas piping business, (b) managing and leading large and sophisticated companies in regulated markets, (c) experience and knowledge of regulatory and compliance issues, and (d) finance, financial accounting and auditing. Mr. Klink is a Class 2 Director with a term expiring at the annual meeting of shareholders in 2019.

Stewart Reed

Mr. Stewart B. Reed is Independent Director of the Company. He has served as the Chairman and Chief Executive Officer of Mestek, Inc., the Company’s former parent corporation. From 2009 to 2013, he was Mestek’s Vice Chairman and Chief Operating Officer. Mr. Reed has extensive knowledge and experience in managing and leading large manufacturing enterprises supplying the HVAC industry in which most of the products are distributed, and in corporate finance and accounting, and he is also a significant shareholder.

Basic Compensation

Name Fiscal Year Total

Kevin Hoben

1,904,900

Paul Kane

382,689

Mark Albino

1,633,270

Steven Treichel

637,620

Timothy Scanlan

433,178

David Evans

--

J. Nicholas Filler

--

Derek Glanvill

--

Bruce Klink

--

Stewart Reed

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As Of  31 Dec 2016