Daniel J. Thoren's departure as Executive Chairman of Graham Corp was reported, effective June 15, 2026; the filing names no successor. As of November 6, 2026, Graham Corp has reported 2 leadership change filings to the SEC under Item 5.02 of Form 8-K, from June 5, 2026 to June 17, 2026, naming 2 departures (Form 8-K, June 17, 2026).
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Graham Corp reported changes in 2 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-06-05 to 2026-06-17. They name 2 people. Every row below is cited to the filing it comes from, and this page adds each new change as Graham Corp files it.
Also on the record for Graham Corp
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| October 27, 2026 | Stake report, Schedule 13G, by First Trust Portfolios L.P. | 5.18% of the class | 5%+ stakes | Source |
| August 14, 2026 | Stake report, Schedule 13G, by T. Rowe Price Investment Management, Inc. | 5.2% of the class | 5%+ stakes | Source |
| August 13, 2026 | Stake report, Schedule 13G/A, by BRANDES INVESTMENT PARTNERS, LP | 9.2% of the class | 5%+ stakes | Source |
| April 24, 2026 | Form D, private offering | $50M sold | Form D page | Source |
| March 27, 2026 | Stake report, Schedule 13G/A, by The Vanguard Group | — | 5%+ stakes | Source |
| February 12, 2026 | Stake report, Schedule 13G/A, by BRANDES INVESTMENT PARTNERS, LP | 11.3% of the class | 5%+ stakes | Source |
| November 12, 2025 | Stake report, Schedule 13G/A, by BRANDES INVESTMENT PARTNERS, LP | 12.5% of the class | 5%+ stakes | Source |
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More on Graham Corp and the records around it.
Graham Corp elsewhere on the record
- Form D filing Apr 2026
- Who owns it
Companies that share a holder
- BRANDES INVESTMENT PARTNERS, LP also filed stake reports on 26 other companies: Globant S.A. (Oct 2026), American Outdoor Brands, Inc. (Aug 2026), HURCO COMPANIES INC (Aug 2026)
- First Trust Portfolios L.P. also filed stake reports on 105 other companies: First Trust Exchange-Traded Fund (Nov 2026), First Trust Exchange-Traded Fund IV (Nov 2026), First Trust Exchange-Traded Fund VIII (Nov 2026)
- T. Rowe Price Investment Management, Inc. also filed stake reports on 167 other companies: CABALETTA BIO INC (Nov 2026), MADISON SQUARE GARDEN SPORTS CORP (Nov 2026), MSG RANGERS CORP (Nov 2026)
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Timeline
| Filed | In / out | Person | Role | Effective | Source |
|---|---|---|---|---|---|
| 2026-06-17 | Out | Executive Chairman | 2026-06-15 | 8-K, 2026-06-17 | |
| 2026-06-17 | Out | 8-K, 2026-06-17 | |||
| 2026-06-05 | Reported | not named in the filing | 8-K, 2026-06-05 |
Who leads Graham Corp, as last reported?
For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.
- Executive Chairman: Daniel J. Thoren, departure reported, effective 2026-06-15 (filed 2026-06-17). No successor is named in these filings.
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Find candidates like Executive Chairman at Graham CorpEvery change, in the filing's words
Departing: Daniel J. Thoren, Executive Chairman, effective 2026-06-15
Thoren Resignation On June 15, 2026, Daniel J. Thoren notified Graham Corporation (the "Company") of his intention to step down from his positions as the Company's Executive Chairman and as a director, effective as of June 15, 2026.
Departing: Alan E. Smith
Pursuant to the Smith Agreement, the employment agreement, as amended, dated July 30, 2007, between the Company and Mr. Smith was terminated, and Mr. Smith transitioned into the role of Strategic Advisor on an at-will basis through the Transition Period.
- Mr. Thoren's decision was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices.
- Thoren Agreement On June 15, 2026, the Company and Mr. Thoren entered into a transition and retirement agreement (the "Thoren Agreement").
- Pursuant to the Thoren Agreement, the amended and restated employment agreement, dated February 5, 2025, between the Company and Mr. Thoren was terminated, Mr. Thoren resigned as the Company's Executive Chairman and as a director, and Mr. Thoren transitioned into the role of Strategic Advisor on an at-will basis until June 15, 2027 (the "Transition Period").
- During the Transition Period, Mr. Thoren will support the Company's President and Chief Executive Officer in an advisory role by further transitioning his knowledge and expertise to the Company, advising on assigned strategic initiatives, performing business development activities, mentoring and coaching leaders, and performing such other duties as the Company's President and Chief Executive Officer may reasonably request.
Reported
The RSUs granted to the Company's named executive officers vest one-third on each of the first three anniversaries of the date of grant subject to continued employment through the vesting date.
- Fiscal 2027 Annual Stock-Based Long-Term Incentive Award Plan for Senior Executives.
- On June 1, 2026, the Compensation Committee (the "Compensation Committee") of the Board of Directors of Graham Corporation (the "Company") renewed and amended its Annual Long-Term Incentive Award Plan for Senior Executives (the "LTI Bonus Program") for the fiscal year ending March 31, 2027 ("Fiscal 2027") and approved grants of time-vesting restricted stock units ("RSUs") and performance-vesting restricted stock units ("PSUs") thereunder in the amounts set forth below to the Company's named executive officers.
- All grants were made under the 2020 Graham Corporation Equity Incentive Plan (the "Plan").
- Awards of PSUs vest on the third anniversary of the date of grant with 50% based upon the Company's three-year average return on invested capital change metric and 50% based upon the Company's three-year cumulative revenue growth metric with no payout if the results are below threshold.
- The PSUs will only vest if the recipient is still employed by the Company on the vesting date.
- The number of shares of RSUs and PSUs awarded to the Company's named executive officers under the LTI Bonus Program were determined using a Long-Term Incentive Percentage (the "L-T Percentage") for each such officer.
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Where this comes from
A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.
Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.