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Materion Corporation (MTRN)

NYSE - NYSE Delayed Price. Currency in USD
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97.82+3.82 (+4.06%)
At close: 04:00PM EDT
97.82 +0.04 (+0.04%)
After hours: 04:00PM EDT
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Materion Corporation

6070 Parkland Boulevard
Mayfield Heights, OH 44124
United States
216 486 4200
https://materion.com

Sector(s)Basic Materials
IndustryOther Industrial Metals & Mining
Full Time Employees3,443

Key Executives

NameTitlePayExercisedYear Born
Mr. Jugal K. VijayvargiyaCEO, Pres & Director2.21MN/A1968
Ms. Shelly M. ChadwickVP of Fin. & CFO947.62kN/A1972
Mr. Gregory R. ChemnitzVP, Gen. Counsel & Sec.867.94kN/A1958
Mr. Marc RandsVP of Global OperationsN/AN/AN/A
Mr. John ZaranecVP of Investor Relations, Corp. Controller & Chief Accounting OfficerN/AN/AN/A
Dr. Ian Tribick Ph.D.Pres of Precision Optics & Chief Technology OfficerN/AN/AN/A
Mr. Steven J. HoltChief Information OfficerN/AN/A1964
Dr. Stephen FreemanPres of International Bus. Devel.N/AN/AN/A
Mr. Allen F. ReidChief HR OfficerN/AN/AN/A
Mr. Michael D. AndersonPres of Beryllium ProductsN/AN/A1952
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

Materion Corporation, through with its subsidiaries, produces advanced engineered materials used in semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and telecom and data center in the United States, Asia, Europe, and internationally. It operates through Performance Alloys and Composites, Advanced Materials, and Precision Optics segments. The Performance Alloys and Composites segment offers advanced engineered solutions comprising beryllium and non-beryllium containing alloy systems and custom engineered parts in strip, bulk, rod, plate, bar, tube, and other customized shapes. This segment operates the bertrandite ore mine and refinery located in Utah that provides feedstock hydroxide for its beryllium businesses and external sale. The Advances Materials segment produces advanced chemicals, microelectronics packaging, precious metal, non-precious metal, and specialty metal products, including vapor deposition targets, frame lid assemblies, clad and precious metal pre-forms, high temperature braze materials, and ultra-pure wire. This segment offers its products from its facilities, as well as through direct sales offices and independent sales representatives. The Precision Optics segment designs and produces precision thin film coatings, optical filters, and assemblies. This segment sells its directly from its facilities, as well as through direct sales offices and independent sales representatives throughout the world. The company was formerly known as Brush Engineered Materials Inc. and changed its name to Materion Corporation in 2011. Materion Corporation was incorporated in 1931 and is headquartered in Mayfield Heights, Ohio.

Corporate Governance

Materion Corporation’s ISS Governance QualityScore as of July 31, 2022 is 3. The pillar scores are Audit: 4; Board: 3; Shareholder Rights: 6; Compensation: 3.

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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