U.S. Markets close in 3 hrs 12 mins

Franklin Electric Co., Inc. (FELE)


NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
37.85+0.40 (+1.07%)
As of 12:33PM EDT. Market open.
People also watch
BMIGGGGRCFFINMATW

Franklin Electric Co., Inc.

9255 Coverdale Road
Fort Wayne, IN 46809
United States
260-824-2900
http://www.franklin-electric.com

SectorIndustrial Goods
IndustryIndustrial Electrical Equipment
Full Time Employees5,200

Key Executives

NameTitlePayExercisedAge
Mr. Gregg C. SengstackChairman, Chief Exec. Officer and Pres1.58M98.6k59
Mr. John J. HainesChief Financial Officer and VP773.68kN/A53
Mr. Robert J. StoneSr. VP and Pres of International Water Systems Group751.19k598.19k52
Mr. DeLancey W. DavisVP and Pres of Headwater Companies690.26k77.25k51
Mr. Donald P. KenneyVP and Pres of North America Water Systems615.89k91.11k56
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

Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. It operates in two segments, Water Systems and Fueling Systems. The Water Systems segment offers motors, pumps, electronic controls, and related parts and equipment. Its motors and pumps are used principally for pumping clean water and wastewater in various residential, agricultural, and industrial applications; and electronic drives and controls are used in motors, which control functionality and provide protection from various hazards, such as electric surges, over-heating, or dry wells or tanks. The Fueling Systems segment provides pumps, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment primarily for use in submersible fueling system applications. It integrates and sells motors and electronic controls produced by the Water Systems segment. The company sells its products to specialty distributors, original equipment manufacturers, industrial and petroleum equipment distributors, and oil and utility companies. Franklin Electric Co., Inc. was founded in 1944 and is headquartered in Fort Wayne, Indiana.

Corporate Governance

Franklin Electric Co., Inc.’s ISS Governance QualityScore as of May 1, 2017 is 4. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 6; 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.