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Monday, November 30, 2009, 1:33PM ET - U.S. Markets close in 2 hours and 27 minutes. Dow Down 0.10% Nasdaq Down 0.40%
Magnetek Inc. (MAG)At 1:02PM ET: 1.40  Up 0.04 (2.94%)  
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Magnetek Inc.
N49 W13650 Campbell Drive
Menomonee Falls, WI 53051
United States - Map
Phone: 262-783-3500
Fax: 800-298-3503
Web Site: http://www.magnetek.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Industrial Goods
Industry:Industrial Electrical Equipment
Full Time Employees:308

BUSINESS SUMMARY 
Magnetek, Inc. provides digital power control systems North America. Its systems control motion and power primarily in material handling, elevator, and energy delivery applications. The company offers power control and delivery systems and solutions for overhead material handling applications used in industries, such as aerospace, automotive, steel, aluminum, paper, logging, mining, ship loading, nuclear power plants, locomotive yards, and heavy movable structures. Its material handling products, including drive systems, radio remote controls, braking, collision-avoidance, and electrification subsystems. The company also designs, builds, sells, and supports elevator application integrated subsystems and drives, which comprise DC high performance elevator drives and AC drives for low and high performance traction elevators to control motion primarily in high-rise and high speed elevator applications. In addition, Magnetek offers energy delivery products consisting of power inverters for fuel cells, solar panels, and wind turbines, which deliver AC power from these energy sources to the utility power grid. Its products are sold directly or through manufacturersÂ’ representatives to original equipment manufacturers, system integrators, and value-added resellers; distributors for resale; and end-users. The company was founded in 1984 and is headquartered in Menomonee Falls, Wisconsin.
Key Statistics

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    CORPORATE GOVERNANCE 
    Magnetek Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 50.9% of S&P 600 companies and 64.2% of Capital Goods companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Peter M. McCormick , 47
    Chief Exec. Officer and Pres
    $ 541.00K $ 0
    Mr. Marty J. Schwenner , 48
    Chief Financial Officer and VP of Investor Relations
    $ 393.00K $ 0
    Mr. Ryan D. Gile , 40
    Principal Accounting Officer, VP and Controller
    $ 184.00K $ 22.00K
    Ms. Jolene L. Shellman , 62
    VP of Legal Affairs and Corp. Sec.
    $ 230.00K $ 0
    Ms. Lynn Bostrom ,
    Director of Marketing Communications
    N/A N/A
    Dollar amounts are as of 31-Dec-09 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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