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Sparton Corp. (SPA)

27.66 0.42(1.54%) Apr 17, 4:04PM EDT
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Sparton Corp.
425 North Martingale Road
Suite 2050
Schaumburg, IL 60173
United States - Map
Phone: 847-762-5800

Index Membership:N/A
Industry:Diversified Electronics
Full Time Employees:1,240

Business Summary 

Sparton Corporation, together with its subsidiaries, is engaged in the concept development, design and manufacturing engineering, production, distribution, and field service of electromechanical devices. The company operates through three segments: Medical Device, Complex Systems, and Defense & Security Systems. The Medical Device segment is involved in the contract design, manufacturing, and aftermarket repair and refurbishment of medical and biotechnology devices and sub-assemblies primarily for use in the diagnostic, therapeutic, surgical, and laboratory applications of the medical and biotechnology markets. This segment serves medical OEM, ET, environmental monitoring, and industrial systems and controls customers. The Complex Systems segment is engaged in the manufacture, and aftermarket repair and refurbishment of printed circuit card assemblies, sub-assemblies, full product assemblies, and cable/wire harnesses for military and aerospace, and industrial and commercial OEMs. This segment’s products are used in various applications, such as flight controls, cockpit displays, fuel system controls, secure communications, early warning detection, security systems, satellite communications, and audio. The Defense & Security Systems segment designs, develops, and produces products for domestic and foreign defense, and commercial applications. This segment offers anti-submarine warfare devices for the U.S. Navy and foreign governments; develops and markets commercial products for underwater acoustics and microelectromechanical-based inertial measurement; and provides engineering development services for the United States military and prime defense contractors. The company was founded in 1900 and is headquartered in Schaumburg, Illinois.

Key Statistics

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Corporate Governance 
Sparton Corp.’s ISS Governance QuickScore as of Apr 1, 2014 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 3; Compensation: 1.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Cary B. Wood , 47
Chief Exec. Officer, Pres, Director and Gen. Director of Vietnam
Mr. Mark Schlei ,
Chief Financial Officer, Principal Accounting Officer and Sr. VP
Mr. Gordon B. Madlock , 56
Sr. VP of Operations
Mr. Michael W. Osborne , 43
Sr. VP of Corp. Devel.
Mr. Steven M. Korwin , 51
Sr. VP of Quality, Engineering & Information Systems
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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