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Penford Corp. (PENX)On Nov 30: 8.32   0.00 (0.00%)  
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Penford Corp.
7094 South Revere Parkway
Centennial, CO 80112-3932
United States - Map
Phone: 303-649-1900
Fax: 303-649-1700
Web Site: http://www.penx.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Basic Materials
Industry:Specialty Chemicals
Full Time Employees:320

BUSINESS SUMMARY 
Penford Corporation engages in the development, manufacture, and marketing of specialty natural-based ingredient systems for industrial and food ingredient applications in the United States. It develops and manufactures ingredients with starch as a base. The starch products are manufactured primarily from corn and potatoes, and are used as binders and coatings in paper and food production. The various forms of starches include ethylated, oxidized, and cationic. The ethylated and oxidized starches are used in coatings and as binders, providing printability to fine white, magazine, and catalog paper. Cationic and other liquid starches are used in the paper forming process in paper production, providing the bonding of paper fibers and other ingredients. The company also involves in the production and sale of ethanol. In addition, it offers specialty starches and dextrins to the food manufacturing and food service industries. The company’s specialty starches are used in coatings for various products, such as French fries sold in restaurants, as well as used as moisture binders in a range of foods, including canned products, sauces, whole and processed meats, dry powdered mixes, and other food and bakery products. Penford sells its products through a direct sales force, as well as through distributor agreements. The company was founded in 1894 and is headquartered in Centennial, Colorado.
Key Statistics

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    CORPORATE GOVERNANCE 
    Penford Corp.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 6.9% of S&P 600 companies and 26.2% of Materials companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Tom Malkoski , 53
    Chief Exec. Officer, Pres
    $ 955.00K $ 0
    Mr. Steven O. Cordier , 53
    Chief Financial Officer, Principal Accounting Officer, Sr. VP and Assistant Corp. Sec.
    $ 528.00K $ 0
    Mr. John R. Randall , 66
    Corp. VP and Pres of Penford Food Ingredients
    $ 288.00K $ 0
    Mr. Timothy M. Kortemeyer , 43
    VP and Pres of Penford Products Co
    $ 393.00K $ 47.00K
    Mr. Christopher L. Lawlor , 58
    VP of HR, Corp. Sec. and Gen. Counsel
    $ 310.00K $ 0
    Dollar amounts are as of 31-Dec-08 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.
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