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Barnes Group Inc. (B)


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56.26+0.46 (+0.82%)
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Barnes Group Inc.

123 Main Street
Bristol, CT 06010
United States
860-583-7070
http://www.barnesgroupinc.com

SectorIndustrial Goods
IndustryIndustrial Equipment & Components
Full Time Employees5,036

Key Executives

NameTitlePayExercisedAge
Mr. Patrick J. DempseyChief Exec. Officer, Pres and Director1.68M1.37M53
Mr. Christopher J. Stephens Jr.Chief Financial Officer and Sr. VP of Fin.880.46k225.3k52
Mr. James P. Berklas Jr.Sr. VP, Gen. Counsel and Sec.583.85kN/A45
Mr. Scott A. MayoSr. VP and Pres of Barnes Industrial708.96kN/A49
Mr. Michael Andrew BeckSr. VP and Pres of Barnes Aerospace527.08kN/A57
Amounts are as of December 31, 2016 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.

Description

Barnes Group Inc. operates as an industrial and aerospace manufacturer and service provider, serving a range of end markets and customers. The company operates in two segments, Industrial and Aerospace. The Industrial segment offers precision parts, products, and systems for applications serving various customers in end-markets, such as transportation, industrial equipment, consumer products, packaging, electronics, medical devices, and energy. This segment also manufactures and supplies precision mechanical products, including mechanical springs, high-precision punched and fine-blanked components, and retention rings; fine hairsprings for electronics and instruments and heavy-duty springs for machinery; nitrogen gas springs and manifold systems used to control stamping presses; and hot runner systems, mold cavity sensors and process control systems, and precision high cavitation mold and cube mold assemblies. The Aerospace segment produces fabricated and precision-machined components and assemblies for original equipment manufacturer turbine engine, airframe, and industrial gas turbine builders, as well as for the military. It also offers maintenance, repair, and overhaul services for jet engine components to turbine engine manufacturers, commercial airlines, and the military. In addition, this segment manufactures aerospace aftermarket spare parts. The company sells its products primarily through its direct sales force and distribution channels worldwide. Barnes Group Inc. was founded in 1857 and is headquartered in Bristol, Connecticut.

Corporate Governance

Barnes Group Inc.’s ISS Governance QualityScore as of May 1, 2017 is 2. The pillar scores are Audit: 2; Board: 4; Shareholder Rights: 3; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.