EGOV - NIC Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

NIC Inc.

25501 West Valley Parkway
Suite 300
Olathe, KS 66061
United States
877-234-3468
http://www.egov.com

SectorTechnology
IndustrySoftware - Application
Full Time Employees950

Key Executives

NameTitlePayExercisedYear Born
Mr. Harry H. HeringtonChairman & CEO1.49MN/A1960
Mr. Stephen M. KovzanChief Financial Officer732.57kN/A1969
Mr. Robert W. Knapp Jr.Chief Operating Officer790.13kN/A1969
Mr. William A. Van AsseltGen. Counsel & Sec.358.14kN/A1975
Ms. Jayne Friedland HollandChief Security Officer511.76kN/A1964
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

NIC Inc., together with its subsidiaries, provides digital government services that enable governments to use technology to provide various services to businesses and citizens in the United States. The company's outsourced portal business enters into long-term contracts with state and local governments to design, build, and operate Internet-based and enterprise-wide portals on their behalf. Its portals consist of Websites and applications that enable businesses and citizens to access government information online and secure transactions, such as applying for a permit, retrieving government records, or filing a government-mandated form or report. The company's portal service offerings include motor vehicle driver history record retrieval; vehicle title, lien, and registration; motor vehicle inspections; temporary vehicle tags; driver's license renewal; hunting and fishing licenses; health professional license services; professional license renewal; business registrations and renewals; secretary of state business searches; Uniform Commercial Code (UCC) searches and filings; limited criminal history searches; court services; vital records; income and property tax payments; and payment processing products and services. Its software & services business provides software development and payment processing services to state and local governments, as well as federal agencies. In addition, the company develops and manages the pre-employment screening program for motor carriers using transaction-based business model. Further, it offers consulting, application development, and portal management services to governments. NIC Inc. was founded in 1991 and is based in Olathe, Kansas.

Corporate Governance

NIC Inc.’s ISS Governance QualityScore as of October 1, 2018 is 3. The pillar scores are Audit: 2; Board: 5; Shareholder Rights: 4; 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.