Thomas W. Powell is the former CEO of Powell Industries, a key player in the manufacturing sector. His journey in the company began in December 2015, and he held various roles until March 2021. During his tenure, Powell oversaw significant...
Thomas W. Powell is the former CEO of Powell Industries, a key player in the manufacturing sector. His journey in the company began in December 2015, and he held various roles until March 2021. During his tenure, Powell oversaw significant growth while navigating complex market conditions. Notably, his total compensation saw dramatic fluctuations, peaking at around $2 million in 2019 and dropping to $111,000 by 2021. What’s interesting is that he received no bonuses or stock incentives for multiple years, focusing instead on cash compensation and salary continuation benefits. Powell’s insider trading activity shows a notable increase in portfolio value, rising from $98.12 million in 2019 to a staggering $418.59 million in May 2024, reflecting his firm’s performance and strategic direction. While details about his education are not specified, his extensive experience in leadership roles speaks volumes about his expertise and ability to navigate the manufacturing landscape.