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Magal Security Systems Ltd. (MAGS)


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Magal Security Systems Ltd.

Industrial Zone
PO Box 70
Yehud 5621617
Israel
972 3 539 1444
http://www.magal-s3.com

SectorServices
IndustrySecurity & Protection Services
Full Time Employees406

Key Executives

NameTitlePayExercisedAge
Mr. Saar KourshChief Exec. Officer and PresN/AN/A44
Mr. Brian RichDeputy Chief Exec. Officer, Chief Technology Officer and Pres of Senstar Corp.203kN/A60
Mr. Yaniv ShacharSr. VP and Gen. Mang. of Magal Israel198kN/A43
Mr. Gillon BeckExec. ChairmanN/AN/A55
Mr. Yaacov VinokurChief Financial OfficerN/AN/A39
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

Magal Security Systems Ltd. develops, manufactures, markets, and sells perimeter intrusion detection sensors, physical barriers, video analytics and video management systems, and cyber security products and systems worldwide. It operates through three segments: Perimeter Products, Turnkey Projects, and Video and Cyber Security. The company offers perimeter security products that enable customers to monitor, limit, and control access by unauthorized personnel to specific regions or areas. Its perimeter security systems include fence mounted detection systems; detection grids, gates, and fences to protect water passages, VIP residences, and other outdoor applications; buried sensors; hybrid perimeter intrusion detection systems; electrical field disturbance sensors; and microwave sensors. The company also integrated intelligent video management solutions for security surveillance and business intelligence applications; and cyber-security products for monitoring, securing, and the active management of wired, wireless, and fiber optic communication networks. In addition, it offers RoboGuard, a robot that runs on an elevated rail along the perimeter of protected sites or border lines; and life safety/duress alarm products to protect personnel in prisons. Further, the company provides MTC-1500I, a dual technology outdoor surveillance system; Fortis4G, a fourth generation command and control system; StarNet 2, a security management system; and Network Manager, a middleware package. Its products are used to protect national borders, military bases, power plants, airports, seaports, prisons, industrial sites, retail organizations, banks, oil and gas facilities, athlete villages and stadiums, and municipalities from intrusion, terror, crime, sabotage or vandalism to infrastructure, assets, and personnel. The company sells its products through system integrators and distribution channels. Magal Security Systems Ltd. was founded in 1965 and is headquartered in Yehud, Israel.

Corporate Governance

Magal Security Systems 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.