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Karat Packaging Inc. (KRT)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
14.12+0.16 (+1.15%)
At close: 04:00PM EST
14.12 0.00 (0.00%)
After hours: 04:02PM EST
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Karat Packaging Inc.

6185 Kimball Avenue
Chino, CA 91708
United States
626 965 8882
https://www.karatpackaging.com

Sector(s)Consumer Cyclical
IndustryPackaging & Containers
Full Time Employees680

Key Executives

NameTitlePayExercisedYear Born
Mr. Alan YuChairman & CEO250kN/A1971
Ms. Joanne WangCOO & Director224kN/A1973
Mr. Marvin ChengVP of Manufacturing & Sec.240kN/A1969
Ms. Jian GuoChief Financial OfficerN/AN/AN/A
Daniel QuireDirector of SalesN/AN/AN/A
Amounts are as of December 31, 2021 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

Karat Packaging Inc. manufactures and distributes single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings. It provides food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves, and other products under the Karat Earth brand. The company offers its products to domestic and regional distributors, restaurant chains, retail establishments, and online customers. It also provides new product development, design, printing, and logistics services. Karat Packaging Inc. was founded in 2000 and is based in Chino, California.

Corporate Governance

Karat Packaging Inc.’s ISS Governance QualityScore as of October 1, 2022 is 6. The pillar scores are Audit: 10; Board: 7; Shareholder Rights: 4; Compensation: 7.

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.
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