U.S. markets closed

Franklin Electric Co., Inc. (FELE)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
80.01-0.76 (-0.94%)
At close: 4:00PM EDT
80.01 0.00 (0.00%)
After hours: 04:07PM EDT

Franklin Electric Co., Inc.

9255 Coverdale Road
Fort Wayne, IN 46809
United States
260 824 2900
http://www.franklin-electric.com

Sector(s)Industrials
IndustrySpecialty Industrial Machinery
Full Time Employees5,400

Key Executives

NameTitlePayExercisedYear Born
Mr. Gregg C. SengstackChairman, Pres & CEO1.78M756.79k1958
Mr. Jonathan M. GrandonVP, Chief Admin. Officer, Gen. Counsel & Sec.653.32kN/A1976
Mr. DeLancey W. DavisVP & Pres of Headwater Companies776.35k249.11k1966
Mr. John J. HainesSr. Advisor871.32k716.44k1964
Mr. Donald P. KenneyVP & Pres of Global Water854.21k96.93k1961
Mr. Jeffery L. TaylorVP & CFON/AN/A1966
Mr. Jay J. WalshVP & Pres of Franklin Fueling SystemsN/AN/A1970
Amounts are as of December 31, 2020 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

Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. It operates in three segments: Water Systems, Fueling Systems, and Distribution. The Water Systems segment offers submersible motors, pumps, drives, electronic controls, monitoring devices, and related parts and equipment. Its motors and pumps are used principally for pumping clean water and wastewater in various residential, agricultural, and industrial applications; and manufactures electronic drives and controls that are used in motors for controlling functionality, as well as provides protection from various hazards, such as electrical surges, over-heating, and dry wells or tanks. The Fueling Systems segment provides pumps, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment primarily for use in fueling system applications. This segment serves other energy markets, such as power reliability systems, as well as includes electronic devices for online monitoring of the power utility, hydroelectric, and telecommunication and data center infrastructure. The Distribution segment sells to and provides presale support and specifications to the installing contractors. It sells products produced by the Water Systems segment and other brands. The company sells its products to wholesale and retail distributors, specialty distributors, original equipment manufacturers, industrial and petroleum equipment distributors, and oil and utility companies through its employee sales force and independent manufacturing representatives. Franklin Electric Co., Inc. was founded in 1944 and is headquartered in Fort Wayne, Indiana.

Corporate Governance

Franklin Electric Co., Inc.’s ISS Governance QualityScore as of July 1, 2021 is 3. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 5; Compensation: 1.

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.