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Sparton Corporation (SPA)


NYSE - NYSE Delayed Price. Currency in USD
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22.27-0.11 (-0.49%)
At close: 4:02PM EDT
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Sparton Corporation

425 North Martingale Road
Suite 1000
Schaumburg, IL 60173
United States
847-762-5800
http://www.sparton.com

SectorTechnology
IndustryDiversified Electronics
Full Time Employees1,697

Key Executives

NameTitlePayExercisedAge
Mr. Joseph J. HartnettInterim Chief Exec. Officer, Interim Pres and Director285.37kN/A61
Mr. Joseph G. McCormackChief Financial Officer and Sr. VP481.73kN/A54
Mr. Gordon B. MadlockSr. VP of Operations313.14kN/A59
Mr. Joseph T. SchneiderSr. VP of Sales and Marketing273.94kN/AN/A
Mr. Steven M. KorwinSr. VP of Quality & Engineering271.7kN/A54
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

Sparton Corporation, together with its subsidiaries, provides design, development, and manufacturing services for electromechanical devices; and engineered products in electromechanical value stream. The company operates through two segments, Manufacturing & Design Services (MDS), and Engineered Components & Products (ECP). The MDS segment is involved in contract design, manufacturing, and aftermarket repair and refurbishment of printed circuit card assemblies, sub-assemblies, full product assemblies, and cable/wire harnesses, as well as develops embedded software and software quality assurance services in connection with medical devices and diagnostic equipment. This segment serves original equipment manufacturers and emerging technology customers serving the medical and biotechnology, military and aerospace, and industrial and commercial markets. The ECP segment designs, develops, and produces proprietary products for domestic and foreign defense, and commercial applications. It offers anti-submarine warfare devices for the U.S. Navy and foreign governments; ruggedized flat panel display systems for military panel PC workstations, air traffic control and industrial, and commercial marine applications; and high performance industrial grade computer systems and peripherals, as well as develops and markets commercial products for underwater acoustics and microelectromechanical based inertial measurement. This segment also performs an engineering development function for the United States military and prime defense contractors. The company was founded in 1900 and is headquartered in Schaumburg, Illinois.

Corporate Governance

Sparton Corporation’s ISS Governance QualityScore as of April 1, 2017 is 4. The pillar scores are Audit: 10; Board: 2; Shareholder Rights: 4; Compensation: 4.

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.