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Ituran Location and Control Ltd. (ITRN)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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18.69+0.82 (+4.59%)
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Ituran Location and Control Ltd.

3 Hashikma Street
Azour Industrial Zone POB 163
Azor 58001
Israel
972 3 557 1333
http://www.ituran.com

Sector(s)Technology
IndustryCommunication Equipment
Full Time Employees3,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Nir SheratzkyCo-CEO & Director1.47MN/A1972
Mr. Eyal SheratzkyCo-CEO & Director1.47MN/A1969
Mr. Izzy SheratzkyCo-Founder, Pres & Director1.84MN/A1947
Mr. Gil SheratzkyIntl. Activity & Bus. Devel. Officer and Director1.05MN/A1978
Mr. Ami SarangaDeputy Chief Exec. Officer398kN/A1964
Prof. Yehuda KahaneCo-Founder & DirectorN/AN/A1944
Mr. Eli KamerExec. VP of Fin. & CFON/AN/A1967
Mr. Udi MizrahiDeputy CEO of International Operation & VP of Fin.N/AN/A1972
Mr. Guy AharonovGen. Counsel & VP of LegalN/AN/A1966
Amounts are as of December 31, 2019 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

Ituran Location and Control Ltd., together with its subsidiaries, provides location-based services and wireless communications products. The company's Location-Based Services segment provides stolen vehicle recovery and tracking services, which locate, track, and recover stolen vehicles for its subscribers; fleet management services that enable corporate and individual customers to track and manage their vehicles in real time; and personal locator services that allow customers to protect valuable merchandise and equipment. It also offers on-demand navigation guidance, information, and assistance, including the provision of traffic reports and directions, as well as information on the location of gas stations, car repair shops, post offices, hospitals, and other facilities; and Connect, an Android platform that provides access to Android applications and various services through manufacturer interface. This segment serves insurance companies and agents, car manufacturers, dealers and importers, cooperative sales channels, and private subscribers. The company's Wireless Communications Products segment provides Base Site, a radio receiver that includes a processor and a data computation unit to collect and send data to and from transponders, and to control centers; Control Center, a center consisting of software used to collect data from various base sites, conduct location calculations, and transmit location data to various customers and law enforcement agencies; navigation and tracking devices installed in vehicles; and SMART, a portable transmitter installed in vehicles that sends a signal to the base site enabling the location of vehicles, equipment, or an individual. As of December 31, 2018, it served approximately 230,000 end-users through 40,000 corporate customers in Israel, Brazil, Argentina, Mexico, Ecuador, Colombia, and the United States. The company was founded in 1994 and is headquartered in Azor, Israel.

Corporate Governance

Ituran Location and Control Ltd.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

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.