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The Valspar Corporation (VAL)

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48.35 Down 0.06(0.12%) May 25, 4:03PM EDT|After Hours: 48.35 0.00 (0.00%) May 25, 4:28PM EDT

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The Valspar Corporation
901-3rd Avenue South
Minneapolis, MN 55402
United States - Map
Phone: 612-851-7000
Fax: 612-851-3535
Website: http://www.valspar.com

Details 
Index Membership:N/A
Sector:Basic Materials
Industry:Specialty Chemicals
Full Time Employees:10,000

Business Summary 

The Valspar Corporation, together with its subsidiaries, manufactures and distributes coatings, paints, and related products worldwide. The company’s Coatings segment offers decorative and protective coatings for metal, wood, and plastic primarily for sale to original equipment manufacturer customers. Its products include primers, top coats, varnishes, sprays, stains, fillers, and other coatings for use by customers in various manufacturing industries, such as agricultural and construction equipment, appliances, building products, furniture, metal fabrication, metal packaging, and transportation. This segment also offers coatings for the interior and exterior of metal packaging containers primarily food containers and beverage cans; and coatings for aerosol and paint cans, crowns for glass bottles, plastic packaging, and bottle closures. In addition, it provides coil coatings that are applied to metal coils; general industrial products, such as powder, liquid, and electrodeposition coating technologies; and wood products comprising decorative and protective coatings for wood furniture, building products, cabinets, and floors, as well as color design manufacturing and technical services for its customers. The company’s Paints segment offers consumer paints, including interior and exterior paints, stains, primers, varnishes, and floor paints, as well as specialty decorative products, such as enamels, aerosols, and faux finishes used in the do-it-yourself and professional markets. It also offers automotive refinish and aerosol spray paints. This segment distributes its products through home centers, hardware wholesalers, distributors, retailers, independent dealers, and company-owned stores. In addition, the company provides specialty polymers, gelcoats, and colorants, as well as furniture protection plans, and furniture care and repair products. The Valspar Corporation was founded in 1806 and is based in Minneapolis, Minnesota.

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Corporate Governance 
The Valspar Corporation’s Governance Risk Indicator (GRI®) as of May 1, 2012 is: Audit (Low Concern), Board (Low Concern), Compensation (Medium Concern), Shareholder Rights (Low Concern).
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Gary E. Hendrickson , 55
Chief Exec. Officer, Pres, Director and Member of Exec. Committee
1.86M0.00
Ms. Lori Ann Walker , 55
Chief Financial Officer and Sr. VP
977.00K271.00K
Mr. Rolf Engh , 59
Exec. VP, Gen. Counsel and Sec.
989.00K1.94M
Mr. Anthony L. Blaine , 45
Sr. VP of HR
691.00K0.00
Mr. John Wardzel , 53
Sr. VP of Global Operations
N/AN/A
Amounts are as of Dec 30, 2011 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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