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Balchem Corporation (BCPC)

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Balchem Corporation

52 Sunrise Park Road
New Hampton, NY 10958
United States
845-326-5600
http://www.balchem.com

SectorBasic Materials
IndustryChemicals - Major Diversified
Full Time Employees1,060

Key Executives

NameTitlePayExercisedAge
Mr. Theodore L. HarrisChairman & Chief Exec. Officer1.03MN/A52
Mr. William A. Backus CPACFO & Treasurer348.83k566.64k51
Mr. Francis J. Fitzpatrick CPAVP of Admin. & Assistant Sec.413.92kN/A56
Mr. David F. LudwigVP and GM of Specialty & Industrial Products338.79kN/A59
Mr. Michael SestrickChief Technology OfficerN/AN/AN/A
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

Balchem Corporation develops, manufactures, and markets specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, and medical sterilization industries in the United States and internationally. The company’s Human Nutrition & Health segment offers creamer systems, dairy replacers, powdered fats, nutritional beverage bases, beverages, juice and dairy bases, chocolate systems, ice cream bases and variegates, cereals, grain based snacks, and cereal based ingredients; microencapsulation solutions; and human grade choline nutrients and mineral amino acid chelated products for wellness applications. Its Animal Nutrition & Health segment provides microencapsulated products that enhance health and milk production in ruminant animals; chelation technology, which provides enhanced nutrient absorption for species; and choline chloride, an essential nutrient for monogastric animal health. The company’s Specialty Products segment offers ethylene oxide primarily for use in the health care industry; and single use canisters with ethylene oxide for sterilizing re-usable devices. It also sells propylene oxide, a fumigant to aid in the control of insects and microbiological spoilage; to reduce bacterial and mold contamination in shell and processed nut meats, processed spices, cacao beans, cocoa powder, raisins, figs, and prunes; and to customers seeking smaller quantities and whose requirements include utilization in various chemical synthesis applications, as well as sells chelated minerals for high value crops. The company’s Industrial Products segment provides derivatives of choline chloride for use in industrial applications; and methylamines, which are a building block for the manufacture of choline products, as well as used in industrial applications. The company sells its products through its sales force, independent distributors, and sales agents. Balchem Corporation was founded in 1967 and is headquartered in New Hampton, New York.

Corporate Governance

Balchem Corporation’s ISS Governance QualityScore as of September 1, 2017 is 6. The pillar scores are Audit: 2; Board: 4; Shareholder Rights: 10; 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.