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FARO Technologies Inc. (FARO)

-NasdaqGS

33.00 Down 0.04(0.12%) 4:00PM EDT

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FARO Technologies Inc.
250 Technology Park
Lake Mary, FL 32746
United States - Map
Phone: 407-333-9911
Fax: 407-333-9567
Website: http://www.faro.com

Details 
Index Membership:N/A
Sector:Technology
Industry:Scientific & Technical Instruments
Full Time Employees:961

Business Summary 

FARO Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and supports software-based three-dimensional measurement and imaging systems for manufacturing, industrial, building construction, and forensic applications. The company’s articulated electromechanical measuring devices include FaroArm, a combination of six or seven-axis, articulated measurement arm, a computer, and computer-aided measurement (CAM2) software programs; and FARO Laser ScanArm, a FaroArm equipped with a combination of a hard probe and non-contact line laser probe to measure products without touching them and offers a seven-axis contact/non-contact measurement device with an integrated laser scanner. It provides FARO Gage, an articulated arm device with a computer and software; FARO Laser Tracker Vantage that combines a laser measurement tool, a computer, and CAM2 software programs; FARO Focus3D to measure and collect data points; and FARO 3D Imager AMP, a non-contact 3D Imager capable of collecting millions of points to generate infinitely-focused fringe patterns. The company also offers FARO Software, a proprietary CAD-based measurement and laser scanner software; CAM2 Measure 10 to measure jobs; FARO CAM2 Gage Software for measuring geometry and building dimensions; and FARO SCENE, a software to deliver scan processing solutions. In addition, it provides extended warranties, as well as support, training, and technology consulting services. The company sells its products through direct sales and distributors. It serves automobile, aerospace, and heavy equipment markets, as well as law enforcement agencies in the Americas, Europe, Africa, and the Asia Pacific. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida.

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Corporate Governance 
FARO Technologies Inc.’s ISS Governance QuickScore as of Apr 1, 2013 is 3. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 6; Compensation: 2.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Dr. Simon Raab Ph.D., 60
Co-Founder and Chairman
N/AN/A
Mr. Jay W. Freeland , 43
Chief Exec. Officer, Pres and Director
488.00K1.06M
Mr. Keith S. Bair , 57
Chief Financial Officer, Principal Accounting Officer and Sr. VP
279.00K320.00K
Mr. Joseph Arezone , 47
Sr. VP and Managing Director of Asia Pacific Region
565.00K121.00K
Dr. Bernd Becker ,
Chief Technology Strategist and Evangelist
N/AN/A
Amounts are as of Dec 30, 2012 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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