Equibles does not estimate personal net worth.
Earlier roles on record: CFO at Techprecision Corp (TPCS) until July 14, 2023. Techprecision Corp reported in an 8-K filed May 31, 2023 that Thomas Sammons retired as Chief Financial Officer, effective July 14, 2023. The proxy statement of Techprecision Corp reports total compensation of $236,404 for Thomas Sammons in fiscal 2023, including a base salary of $235,904. Disclosed compensation is on record for 5 fiscal years. Thomas Sammons has spoken on 3 earnings calls across 1 company, most recently for Techprecision Corp on June 15, 2023. The companies whose calls Thomas Sammons spoke on are classified in the Industrials sector.
“On May 24, 2023, Thomas Sammons, Chief Financial Officer of TechPrecision Corporation (the “Company”), notified the Company that he will retire from all roles with the Company and its subsidiaries effective on or about July 14, 2023, with such exact date to be decided upon by him and the board of directors of the Company at a future date (the “Transition Date”).”
“Net sales for the fourth quarter of fiscal year 2023 were $7.5 million or 1% lower when compared to the same quarter a year ago. Cost of sales were $6.7 million or 4% higher than the prior year period, due primarily to lower margin project mix at Ranor and increased unabsorbed overhead at Stadco.”
“Net sales for the second quarter of fiscal year 2023 were $8.5 million or 78% higher when compared to the same quarter a year ago as we added a full quarter of Stadco revenue and realized increased revenue of Ranor.”
“Net sales were $3.7 million for the third quarter ended December 31, 2019, compared to $4.3 million in the third quarter ended December 31, 2018. Cost of sales for the third quarter was $3.4 million or $54,000 higher compared to the same quarterly period a year ago.”
Start not stated–2023-07-14
TPCS
Metal Fabrication · Industrials
CFO
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2023 | Techprecision Corp (TPCS) | Chief Financial Officer | $235,904 | $236,404 |
| 2022 | Techprecision Corp (TPCS) | Chief Financial Officer | $230,193 | $282,193 |
| 2021 | Techprecision Corp (TPCS) | Chief Financial Officer | $210,000 | $210,335 |
| 2020 | Techprecision Corp (TPCS) | Chief Financial Officer | $210,000 | $210,316 |
| 2019 | Techprecision Corp (TPCS) | Chief Financial Officer | $210,000 | $237,992 |
