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Kadant Inc. (KAI)

NYSE - NYSE Delayed Price. Currency in USD
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177.57+3.65 (+2.10%)
At close: 4:00PM EDT

Kadant Inc.

One Technology Park Drive
Westford, MA 01886
United States
978 776 2000
http://www.kadant.com

Sector(s)Industrials
IndustrySpecialty Industrial Machinery
Full Time Employees2,600

Key Executives

NameTitlePayExercisedYear Born
Mr. Jeffrey L. PowellPres, CEO & Director2.01M617.34k1959
Mr. Michael J. McKenneyExec. VP & CFO872.66k480.7k1962
Mr. Eric T. LangevinExec. VP & COO872.66k2.97M1963
Ms. Stacy D. KrauseVP, Gen. Counsel & Sec.601.22kN/A1977
Mr. Peter J. FlynnVP630.6kN/AN/A
Ms. Deborah S. SelwoodSr. VP & Chief Accounting OfficerN/AN/A1969
Ms. Dara F. MitchellSr. VP of Corp. Devel.N/AN/AN/A
Mr. Wesley A. MartzVP of MarketingN/AN/AN/A
Mr. Orrin H. BeanTreasurerN/AN/AN/A
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

Kadant Inc. supplies critical components and engineered systems worldwide. It operates through three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems and equipment, such as rotary joints, syphons, turbulator bars, expansion joints, and engineered steam and condensate systems; and doctoring, cleaning, and filtration systems and related consumables, consisting of doctor systems and holders, profiling systems, doctor blades, shower and fabric-conditioning systems, formation systems, and water-filtration systems. The Industrial Processing segment develops, manufactures, and markets ring and rotary debarkers, stranders, chippers, logging machinery, industrial automation and control systems, recycling and approach flow systems, and virgin pulping process equipment for use in the packaging, tissue, wood products, and alternative fuel industries. The Material Handling segment offers conveying and vibratory equipment, and balers and related equipment; and manufactures and sells biodegradable absorbent granules for carriers in as carriers in agricultural, home lawn and garden, professional lawn, turf, and ornamental applications, as well as for oil and grease absorption. The company was formerly known as Thermo Fibertek Inc. and changed its name to Kadant Inc. in July 2001. Kadant Inc. was founded in 1991 and is headquartered in Westford, Massachusetts.

Corporate Governance

Kadant Inc.’s ISS Governance QualityScore as of July 1, 2021 is 5. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 5; 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.