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Broadwind, Inc. (BWEN)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
2.2600+0.0400 (+1.80%)
At close: 04:00PM EDT
2.3099 +0.05 (+2.21%)
After hours: 05:26PM EDT

Broadwind, Inc.

3240 S. Central Avenue
Cicero, IL 60804
United States
708 780 4800
https://www.bwen.com

Sector(s)Industrials
IndustrySpecialty Industrial Machinery
Full Time Employees444

Key Executives

NameTitlePayExercisedYear Born
Mr. Eric B. BlashfordCEO, President & Director544.64kN/A1964
Mr. Thomas A. CicconeVP & CFO253.45kN/A1975
Mr. Daniel E. SchuellerPresident of Broadwind Heavy Fabrications, Inc.327.85kN/A1963
Mr. Hayes M. KennedyChief Human Resource Officer & VPN/AN/A1963
Mr. Gilbert M. MayoPresident of Broadwind Industrial Solutions, LLCN/AN/A1962
Arlene McKenzieCorporate SecretaryN/AN/AN/A
Amounts are as of December 31, 2022 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

Broadwind, Inc. manufactures and sells structures, equipment, and components for clean tech and other specialized applications primarily in the United States. It operates through three segments: Heavy Fabrications, Gearing, and Industrial Solutions. The Heavy Fabrications segment provides fabrications to various industrial markets. It offers steel towers and adapters primarily to wind turbine manufacturers. Its Gearing segment provides gearing, gearboxes, and precision machined components to a range of customers in diverse markets, including surface and underground mining, wind energy, steel, material handling, infrastructure, onshore and offshore oil and gas fracking and drilling, marine, and other industrial markets. This segment also offers heat treat services for aftermarket and original equipment manufacturer applications. The Industrial Solutions segment provides supply chain solutions for offering instrumentation and controls, valve assemblies, sensor devices, fuel system components, electrical junction boxes and wiring, energy storage services, and electromechanical devices; light fabrication, inventory management, and kitting and assembly services; packaging solutions; and supply chain solutions, light fabrication, inventory management, and kitting and assembly services for combined cycle natural gas turbine market. It sells its products to the energy, mining, and infrastructure sectors through its direct sales force and independent sales agents. The company was formerly known as Broadwind Energy, Inc. and changed its name to Broadwind, Inc. in May 2020. Broadwind, Inc. is headquartered in Cicero, Illinois.

Corporate Governance

Broadwind, Inc.’s ISS Governance QualityScore as of March 1, 2024 is 3. The pillar scores are Audit: 8; Board: 3; Shareholder Rights: 1; Compensation: 3.

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.