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Landec Corp. (LNDC)

-NasdaqGS
12.12 Up 0.04(0.33%) Apr 17, 4:00PM EDT
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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:526

Business Summary 

Landec Corporation and its subsidiaries design, develop, manufacture, and sell polymer products for food and biomedical materials markets. Its proprietary polymer technology platforms include Intelimer polymers that are crystalline hydrophobic polymers; and hyaluronan (HA) biopolymers, which are non-crystalline hydrophilic polymers that exist naturally within the human body. The company 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 vegetables utilizing the BreatheWay specialty packaging technology for the retail grocery, club store, and food services industry. This segment also 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. The HA-based Biomaterials segment sells products utilizing 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. This segment also supplies HA to customers pursuing other medical applications, such as aesthetic surgery, medical device coatings, tissue engineering, and pharmaceuticals. Landec Corporation also licenses Intelimer polymers technology for personal care products and other industrial products. The company sells its products in the United States, Taiwan, Indonesia, Canada, Belgium, Japan, and other countries. Landec Corporation 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 Apr 1, 2014 is 4. The pillar scores are Audit: 10; Board: 6; Shareholder Rights: 2; Compensation: 6.
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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