Andrew Lampereur
GENERAC HOLDINGSAbout Andrew G. Lampereur
Andrew G. Lampereur (age 62) is an independent director of Generac Holdings Inc. (GNRC) serving since 2014 and currently chairs the Audit Committee; he is designated by the Board as an “audit committee financial expert.” He was formerly EVP & CFO of Actuant (now Enerpac Tool Group) from 2000–2017 and holds a BBA in Accounting from St. Norbert College . The Board affirms director independence under NYSE standards and confirms Audit Committee independence for all members .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Actuant/Enerpac Tool Group | EVP & CFO | 2000–2017 | Senior financial leadership across diversified industrials |
| Applied Power (Actuant) | Business Development Leader | 1999–2000 | Corporate development |
| Gardner Bender (Actuant subsidiary) | VP & GM – Distribution | 1998–1999 | P&L, operations |
| Gardner Bender | VP Finance | 1996–1998 | Unit finance leadership |
| Actuant | Corporate Controller | 1993–1996 | Corporate controllership |
| Fruehauf Trailer; Terex; Price Waterhouse | Various financial roles | Pre-1993 | Early career finance and accounting |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Jason Industries, Inc. | Director (former) | Not disclosed | Prior public company board service |
| Robbins & Myers | Director (former) | Not disclosed | Prior public company board service |
Board Governance
- Committee leadership: Chair, Audit Committee .
- Audit Committee engagement: 10 meetings in 2024; responsibilities include integrity of financial statements, internal controls, compliance/ethics, independent audit oversight, sustainability disclosure controls, and enterprise risk (financial, legal/compliance, cybersecurity). Lampereur and other members are designated “audit committee financial experts”; all Audit members are independent .
- Board/committee attendance: Board held 5 meetings in 2024; all incumbent directors attended at least 75% of Board and their committee meetings; all attended the 2024 annual meeting .
- Independence and structure: Board annually assesses independence under NYSE standards; combined Chairman/CEO structure with a Lead Independent Director (Bennett Morgan) to strengthen oversight, executive sessions, and liaison roles .
- Contact: Stockholders may write directly to Lampereur as Audit Chair at Generac’s headquarters address .
Fixed Compensation (Director)
| Component | 2024 Policy/Amount | Andrew Lampereur 2024 Actual |
|---|---|---|
| Annual cash retainer | $90,000 | $0 fees earned (elected equity in lieu of cash under policy) |
| Annual equity retainer | $155,000 (fully vested shares or elected cash if ownership met) | Included in stock awards total |
| Audit Committee Chair retainer | $25,000 | Included in stock awards total |
| Director total (cash + equity) | N/A | $270,337 stock awards; $0 cash; Total $270,337 |
| Stock ownership guideline | 5x annual retainer for non-employee directors | All non-employee directors compliant as of Mar 31, 2025 |
Generac’s policy permits directors to elect equity in lieu of quarterly cash fees; equity grants are fully vested. Lampereur’s $270,337 in 2024 stock awards aligns with the $155k equity grant plus retainer amounts (including Audit Chair) and signals stronger equity alignment .
Performance Compensation (Director)
| Performance-linked components | Status |
|---|---|
| Bonuses, PSUs, options for directors | Not used; annual director equity grants are fully vested (no performance conditions) |
Other Directorships & Interlocks
- Human Capital & Compensation Committee interlocks: None required to be disclosed in 2024 .
- Director commitments policy: Non-employee directors expected to serve on no more than four additional public company boards; prior approval required for new boards .
Expertise & Qualifications
- Financial leadership: 26+ years in senior-level finance, former public-company CFO; designated Audit Committee financial expert .
- Industrial/operations exposure: Roles spanning distribution, finance, corporate development within industrials .
- Education: BBA in Accounting, St. Norbert College .
Equity Ownership
| Item | Amount |
|---|---|
| Total beneficial ownership (shares) | 25,905 |
| Deferred Stock Units (outstanding, as of 12/31/2024) | 19,040 |
| Ownership % of shares outstanding | ~0.0437% (25,905 / 59,289,334) |
| Hedging/pledging | Prohibited for directors under Insider Trading Policy |
| Stock ownership guideline | 5x annual retainer; all non-employee directors compliant as of 3/31/2025 |
Note: Beneficial ownership footnotes indicate DSUs are included in certain counts; DSU outstanding figures specific to 12/31/2024 are disclosed in the director compensation section .
Insider Trades (Form 4 filings)
| Filing Date | Form | Notes/Source |
|---|---|---|
| Nov 6, 2024 | Form 4 | Filing discloses transactions; 10b5‑1 checkbox language appears on page; see issuer posting |
| Aug 1, 2025 | Form 4 | SEC EDGAR XML filing (Generac; reporting person address cited) |
| Nov 5, 2025 | Form 4 | SECDatabase PDF of filing |
For full transaction quantities, prices, and codes, refer to the linked SEC/Form 4 documents above.
Governance Assessment
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Strengths
- Clear independence; Audit Committee Chair with “financial expert” designation; Audit Committee met 10x with robust scope (financial reporting, controls, compliance, cybersecurity, sustainability disclosure controls) .
- Equity-heavy director pay choice (zero cash fees; equity retainer plus chair retainer taken in shares) supports alignment; all directors meet ownership guidelines .
- Attendance and engagement sufficient (≥75% for all incumbent directors); direct stockholder communication channel to Audit Chair .
- No related party transactions since Jan 1, 2024; clean interlocks disclosure for HCC Committee .
- Strong say-on-pay support (93.7%) indicating shareholder confidence in pay governance .
-
Potential Risks/RED FLAGS
- No specific red flags disclosed for Lampereur; hedging/pledging prohibited and no related-party transactions reported .
- Board’s combined Chair/CEO structure can be a governance concern; mitigated by Lead Independent Director and independent committee framework .
Overall, Lampereur’s profile (former public-company CFO, Audit Chair, equity-oriented compensation choice, compliance with ownership guidelines) is supportive of board effectiveness and investor alignment, with no disclosed conflicts or attendance issues .