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Landec Corp. (LNDC)

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Landec Corp.
3603 Haven Avenue
Menlo Park, CA 94025
United States - Map
Phone: 650-306-1650
Website: http://www.landec.com

Details 
Index Membership:N/A
Sector:Basic Materials
Industry:Chemicals - Major Diversified
Full Time Employees:531

Business Summary 

Landec Corporation, together with its subsidiaries, designs, develops, manufactures, and markets differentiated products in food and biomedical materials markets. It operates through three segments: Food Products Technology, Food Export, and HA-Based Biomaterials. The Food Products Technology segment markets and packs specialty packaged whole and fresh-cut fruits, and vegetables utilizing the BreatheWay specialty packaging technology for the retail grocery, club store, and food services industry under the EatSmart and GreenLine brand names, as well as sells BreatheWay packaging to partners for non-vegetable products. The Food Export segment purchases and sells whole commodity fruit and vegetable products primarily to Asian markets and in the United States. The Hyaluronan-based Biomaterials segment sells products utilizing hyaluronan, a naturally occurring polysaccharide that is distributed in the extracellar matrix of connective tissues in animals and humans for medical use primarily in the ophthalmic, orthopedic, and veterinary markets, as well as supplies HA to customers pursuing other medical applications, including aesthetic surgery, medical device coatings, tissue engineering, and pharmaceuticals. This segment also operates as a contract development and manufacturing organization, which specializes in aseptic filling services. The company also licenses Intellicoat seed coatings to the farming industry; and Intelimer polymers for personal care products and other industrial products. Landec Corporation sells its products in the United States, Canada, Taiwan, Belgium, Japan, Indonesia, China, and other countries. The company was founded in 1986 and is headquartered in Menlo Park, California.

Key Statistics


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Corporate Governance 
Landec Corp.’s ISS Governance QuickScore as of Aug 1, 2014 is 4. The pillar scores are Audit: 10; Board: 6; Shareholder Rights: 2; Compensation: 7.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Gary T. Steele , 65
Chairman, Chief Exec. Officer and Pres
463.00K219.00K
Mr. Gregory S. Skinner , 53
Chief Financial Officer, Principal Accounting Officer and VP of Admin. & Fin.
320.00K39.00K
Ms. Molly A. Hemmeter , 47
Chief Operating Officer
293.00K0.00
Mr. Ronald Lane Midyett , 48
VP, Chief Exec. Officer of Apio Inc and Pres of Apio Inc
327.00K119.00K
Dr. Steven P. Bitler Ph.D., 56
VP of Corp. Technology
N/AN/A
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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