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    Landec Corp. (LNDC)

    -NasdaqGS
    14.68 Up 0.24(1.66%) Dec 18, 4:00PM EST
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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:Consumer Goods
    Industry:Farm Products
    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 Hyaluronan-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 (HA), 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 Dec 1, 2014 is 3. The pillar scores are Audit: 5; Board: 5; Shareholder Rights: 2; Compensation: 5.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
     PayExercised
    Mr. Gary T. Steele , 65
    Chairman, Chief Exec. Officer and Pres
    463.00K454.00K
    Mr. Gregory S. Skinner , 53
    Chief Financial Officer, Principal Accounting Officer, VP of Admin. and VP of Fin.
    321.00K0.00
    Ms. Molly A. Hemmeter , 47
    Chief Operating Officer
    296.00K0.00
    Mr. Ronald Lane Midyett , 48
    VP, Chief Exec. Officer of Apio Inc and Pres of Apio Inc
    356.00K0.00
    Mr. Larry D. Hiebert , 58
    VP and Pres of Lifecore Biomedical
    412.00K0.00
    Amounts are as of Dec 31, 2014 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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