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Dover Corporation (DOV)


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Dover Corporation

3005 Highland Parkway
Downers Grove, IL 60515
United States
630-541-1540
http://www.dovercorporation.com

SectorIndustrial Goods
IndustryDiversified Machinery
Full Time Employees29,000

Key Executives

NameTitlePayExercisedAge
Mr. Robert A. LivingstonChief Exec. Officer, Pres and Director1.95M3.44M63
Mr. Brad M. CerepakChief Financial Officer and Sr. VP1.52MN/A58
Mr. Anderson C. FincherVP, CEO of the Dover Engineered Systems and Pres of the Dover Engineered Systems1.04M349.03k46
Mr. William W. Spurgeon Jr.VP, Chief Exec. Officer of Dover Fluids and Pres of Dover Fluids973.83k1.63M58
Mr. Sivasankaran SomasundaramVP, Chief Exec. Officer of Dover Energy and Pres of Dover Energy870.83k123.18k51
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

Dover Corporation manufactures and sells a range of equipment and components, specialty systems, software and digital solutions, and support services worldwide. The company operates in four segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. The Energy segment provides solutions and services for the production and processing of fuels to drilling and production, bearings and compression, and automation end markets. The Engineered Systems segment offers precision marking and coding, digital textile printing, soldering and dispensing equipment, and related consumables and services; and automation components, including manual clamps, power clamps, rotary and linear mechanical indexers, conveyors, pick and place units, glove ports, and manipulators, as well as end-of-arm robotic grippers, slides, and end effectors for fast-moving consumer goods, digital textile printing, vehicle service, environmental solutions, and industrials end markets. The Fluids segment focuses on the safe handling of critical fluids across the retail fueling, chemical, hygienic, oil and gas, and industrial markets. This segment also manufactures connectors for use in various bio-processing applications; and pumps and compressors that are used to transfer liquid and bulk products in various markets, including refined fuels, LPG, food/sanitary, transportation, and chemical process industries. The Refrigeration & Food Equipment segment manufactures refrigeration systems, refrigeration display cases, specialty glass, commercial glass refrigerator and freezer doors, and brazed heat exchangers; and electrical distribution products and engineering services, commercial food service equipment, cook-chill production systems, custom food storage and preparation products, kitchen ventilation systems, conveyer systems, and beverage can-making machinery. The company was founded in 1947 and is headquartered in Downers Grove, Illinois.

Corporate Governance

Dover Corporation’s ISS Governance QualityScore as of June 2, 2017 is 4. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 7; 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.