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FARO Technologies, Inc. (FARO)


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FARO Technologies, Inc.

250 Technology Park
Lake Mary, FL 32746
United States
407-333-9911
http://www.faro.com

SectorTechnology
IndustryScientific & Technical Instruments
Full Time Employees1,485

Key Executives

NameTitlePayExercisedAge
Dr. Simon Raab Ph.D.Co-Founder, Chairman, Chief Exec. Officer and Pres686.37kN/A64
Mr. Robert E. Seidel Jr.Chief Financial Officer224.92kN/A42
Ms. Kathleen J. HallChief Operating Officer457.92kN/A56
Mr. Jody S. GaleSr. VP, Gen. Counsel and Corp. Sec.396.11kN/A42
Mr. Joseph ArezoneChief Commercial Officer532.9kN/A51
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

FARO Technologies Inc. designs, develops, manufactures, markets, and supports software driven, three-dimensional (3D) measurement, imaging, and realization systems for manufacturing, industrial, architecture, surveying, building information modeling, construction, public safety, cultural heritage, and other applications. The company offers FaroArm, a combination of six or seven-axis, articulated measurement arm, a computer, and CAM2 software programs; and FARO Laser ScanArm, a FaroArm equipped with a hard probe and non-contact laser line probe to measure products without touching them, as well as offers a seven-axis contact/non-contact measurement device with an integrated laser scanner. It also provides FARO Gage, a combination of an articulated arm device with a computer and software; FARO Laser Tracker that combines a portable laser measurement tool, a computer, and CAM2 software programs; FARO Cobalt Array Imager, a metrology-grade structured light imager; FARO Tracer, which projects a laser line onto a surface or object; and FARO Focus laser scanner to measure and collect a cloud of data points. In addition, the company offers FARO Scanner Freestyle3DX, a handheld scanner that documents rooms, structures, and objects in 3D, as well as creates high-definition point clouds; and FARO Software, a proprietary CAD (computer-aided design)-based measurement and laser scanner software. Further, it provides CAM2 Measure 10 to complete measurement jobs; CAM2 Smartinspect, a CAM2 solution for measuring geometry and building dimensions; BuildIT, a CAD-to-part inspection software; FARO SCENE software to deliver a scan processing solution; FARO Public Safety Forensics software for law enforcement officers, firefighters, and loss control engineers; and PointSense software products that enable the use of real world objects in CAD applications. The company sells its products worldwide. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida.

Corporate Governance

FARO Technologies, Inc.’s ISS Governance QualityScore as of July 1, 2017 is 5. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 7; Compensation: 6.

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.