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    Garmin Ltd. (GRMN)

    49.63 Up 0.20(0.40%) Feb 27, 4:00PM EST
    |After Hours : 49.60 Down 0.03 (0.06%) Feb 27, 5:30PM EST
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    Garmin Ltd.
    Schaffhausen, 8200
    Switzerland - Map
    Phone: 41 52 630 1600
    Website: http://www.garmin.com

    Index Membership:N/A
    Industry:Scientific & Technical Instruments
    Full Time Employees:11,185

    Business Summary 

    Garmin Ltd., together with its subsidiaries, designs, develops, manufactures, and markets hand-held, wrist-based, and portable and fixed-mount global positioning system (GPS) enabled products; and other navigation, communication, and information products worldwide. It operates in five segments: Automotive/Mobile, Aviation, Marine, Outdoor, and Fitness. The Automotive/Mobile segment offers personal automotive navigation devices; and infotainment solutions, as well as mobile applications under the Viago, StreetPilot, and NAVIGON brands. The Aviation segment provides GPS-enabled navigation, VHF communications transmitters/receivers, multi-function displays, electronic flight instrumentation systems, automatic flight control systems, traffic advisory systems and traffic collision avoidance systems, terrain awareness and warning systems, instrument landing system receivers, surveillance products, audio panels, cockpit datalink systems, and others. The Marine segment offers chartplotters and multi-function displays, fish finders, sounders, autopilot systems, radars, compliant instrument displays, radios, handhelds and wrist-worn devices, sailing products, and integrated marine audio equipment. The Outdoor segment provides outdoor handhelds, wrist watches, golf devices, dog tracking and training/pet obedience devices, and action cameras. The Fitness segment offers running/multi-sport watches for athletes; personal training systems and pedal-based power meters for cyclists; activity tracking devices for corporate wellness programs; watches designed for swimming pool use; and Garmin Connect, a Web-based analytic tool that allows users to store, analyze, and share fitness and wellness data. The company sells its GPS receivers and accessories to retail outlets, and aviation products to aviation dealers and aircraft manufacturers through a network of independent dealers and distributors. Garmin Ltd. was founded in 1990 and is based in Schaffhausen, Switzerland.

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    Corporate Governance 
    Garmin Ltd.’s ISS Governance QuickScore as of Feb 1, 2015 is 7. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 4; Compensation: 9.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Dr. Min-Hwan Kao Ph.D., 66
    Co-Founder and Exec. Chairman
    Mr. Clifton A. Pemble , 49
    Chief Exec. Officer, Pres, Director, Pres of Garmin International Inc, Pres of Garmin USA Inc and Pres of Garmin AT Inc
    Mr. Andrew R. Etkind , 59
    VP, Gen. Counsel and Sec.
    Mr. Danny J. Bartel , 65
    VP of Worldwide Sales
    Mr. Matthew Munn ,
    Managing Director of Auto OEM and VP
    Amounts are as of Dec 31, 2013 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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