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Altra Industrial Motion Corp. (AIMC)


NasdaqGS - NasdaqGS Delayed Price. Currency in USD
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Altra Industrial Motion Corp.

300 Granite Street
Suite 201
Braintree, MA 02184
United States
781-917-0600
http://www.altramotion.com

SectorIndustrial Goods
IndustryIndustrial Electrical Equipment
Full Time Employees4,564

Key Executives

NameTitlePayExercisedAge
Mr. Carl R. ChristensonChairman and Chief Exec. Officer1.34MN/A57
Mr. Christian StorchChief Financial Officer and VP769.51kN/A57
Mr. Glenn E. Deegan Esq.VP of Legal & HR, Gen. Counsel and Sec.603.8kN/A50
Mr. Craig SchueleVP of Marketing and Bus. Devel.436.69kN/A53
Mr. Gerald P. FerrisVP of Global Sales470.27kN/A67
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

Altra Industrial Motion Corp. designs, produces, and markets mechanical power transmission components worldwide. The company operates through three segments: Couplings, Clutches and Brakes; Electromagnetic Clutches and Brakes; and Gearing. It offers coupling products under the Ameridrives, Bibby, Lamiflex, TB Wood's, Huco Dynatork, Guardian, and Stromag brands for food processing, oil and gas, power generation, material handling, medical, metals, mining, and mobile off-highway markets; and heavy duty clutches and brakes under the Wichita Clutch, Twiflex, Industrial Clutch, Svendborg Brakes, and Stromag brands for use in metal forming, oil and gas drilling platforms, mining, material handling, marine, and wind turbine applications. The company also provides overrunning clutches under the Formsprag, Marland, and Stieber brands used in conveyors, gear reducers, hoists and cranes, mining machinery, machine tools, paper machinery, and other specialty machinery, as well as aerospace and defense market; and engineered belted drives under the TB Wood’s brand for aggregate, energy, chemical, and material handling markets. In addition, it offers electromagnetic clutches and brakes under the Warner Electric, Inertia Dynamics, Matrix, and Stromag brands for material handling, forklift, elevator, medical mobility, mobile off-highway, baggage handling, and plant productivity applications, as well as for walk-behind mowers, residential lawn tractors, and commercial mowers; gears under the Boston Gear, Nuttall Gear, Delroyd, and Bauer Gear Motor brands that are used in industrial, material handling, mixing, transportation, and food processing applications; and engineered bearing assemblies under the Kilian brand name for use in general industrial and automotive markets. The company was formerly known as Altra Holdings, Inc. and changed its name to Altra Industrial Motion Corp. in November 2013. The company was founded in 2004 and is headquartered in Braintree, Massachusetts.

Corporate Governance

Altra Industrial Motion Corp.’s ISS Governance QualityScore as of July 1, 2017 is 1. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 2; 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.