Rainer H. Bosselmann is the former CEO of Argan, Inc., a company he led from 2015 to 2022. With a degree in Mechanical Engineering from the University of Maryland, he has a solid foundation in engineering, which played a significant...
Rainer H. Bosselmann is the former CEO of Argan, Inc., a company he led from 2015 to 2022. With a degree in Mechanical Engineering from the University of Maryland, he has a solid foundation in engineering, which played a significant role in his leadership style. During his time, Bosselmann faced many challenges, including economic downturns and growing the company through strategic acquisitions. He stepped down from his CEO position on August 16, 2022, leaving behind a legacy of substantial growth for the company. His total compensation for 2022 was $1.9 million, reflecting the financial success he helped to achieve. Notably, Bosselmann was also responsible for boosting employee performance incentives without incentivizing undue risk. He is a proponent of aligning the interests of executives and shareholders, a principle that he implemented through new compensation structures in his tenure. Before his role at Argan, he served as Chairman and CEO of Arguss, showcasing a long history in high-level leadership in the engineering sector. In addition, his financial acumen is evidenced by his previous performance in stock options and bonuses, with vested stock worth over $866K in his last year. This mix of technical background and business savvy makes him a notable figure in the industry.