DGII - Digi International Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Digi International Inc.

11001 Bren Road East
Minnetonka, MN 55343
United States
952-912-3444
http://www.digi.com

SectorTechnology
IndustryCommunication Equipment
Full Time Employees514

Key Executives

NameTitlePayExercisedYear Born
Mr. Ronald E. KoneznyPres, CEO & Director1.25MN/A1968
Mr. Kevin C. RileySr. VP & COO708.46k30k1961
Mr. David H. SampsellVP of Corp. Devel., Gen. Counsel & Corp. Sec.N/AN/A1968
Mr. Gokul M. HemmadySr. VP, CFO & TreasurerN/AN/A1961
Mr. Scott WilkenVP of TechnologyN/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

Digi International Inc. provides Internet of Things networking hardware products and solutions. It operates in two segments, Machine-to-Machine and Solutions. It offers cellular routers that provide connectivity for devices over a cellular data network; cellular gateway products that enable devices or groups of devices to be networked in locations where there is no existing network or where access to a network is prohibited; radio frequency products that utilize a range of wireless protocols for PC-to-device or device-to-device connectivity; and Connect, Rabbit, and ARM-based embedded systems on module and single board computers for medical, transportation, and industrial device manufacturers. It also provides console and serial servers, as well as universal serial bus (USB)-to-serial converters, USB over IP products, and multiport USB hubs. In addition, it offers turn-key networking product design, testing, and certification services for wireless technology platforms and applications; implementation planning, application development, on-site support, installation, and customer training services; and Digi Remote Manager, a centralized remote device management solution to meet service level commitments and stay compliant with payment card industry standards, as well as to monitor, diagnose, and fix remote devices. Further, it provides Digi Smart Solution, a system that enables restaurants, groceries, convenience stores, pharmacies, schools, hospitals, and industrial sites to monitor the temperature of food and other perishable goods, as well as to track the completion of operating tasks by employees. It sells its products through a network of distributors, systems integrators, and value added resellers for various businesses and institutions, as well as to original equipment manufacturers and others in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company was founded in 1985 and is headquartered in Minnetonka, Minnesota.

Corporate Governance

Digi International Inc.’s ISS Governance QualityScore as of July 1, 2018 is 5. The pillar scores are Audit: 5; Board: 3; Shareholder Rights: 7; 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.