MTRN - Materion Corporation

NYSE - NYSE Delayed Price. Currency in USD

Materion Corporation

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

SectorBasic Materials
IndustryIndustrial Metals & Minerals
Full Time Employees2,700

Key Executives

NameTitlePayExercisedYear Born
Mr. Jugal K. VijayvargiyaCEO, Pres & Director2.51MN/A1968
Mr. Joseph P. KelleyCFO & VP of Fin.1.04M372.29k1973
Mr. Gregory R. ChemnitzVP, Gen. Counsel & Sec.880.16k148.83k1958
Mr. Marc RandsVP of Global OperationsN/AN/AN/A
Dr. Ian Tribick Ph.D.Chief Technology & Marketing OfficerN/AN/AN/A
Amounts are as of December 31, 2018 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 manufactures and sells advanced engineered materials used in consumer electronics, industrial components, defense, medical, automotive electronics, telecommunications infrastructure, energy, commercial aerospace, science, services, and appliance markets worldwide. The company operates in four segments: Performance Alloys and Composites, Advanced Materials, Precision Coatings, and Other. The Performance Alloys and Composites segment provides copper and nickel products in plate, rod, bar, tube, wire product forms, as well as other customized shapes; thick precision strip products; beryllium hydroxide; and beryllium products, such as beryllium and aluminum metal matrix composites, beryllia ceramics, and bulk metallic glass materials. This segment also produces strip metal products with clad inlay and overlay metals consisting of precious and base metals electroplated systems, electron beam welded systems, contour profiled systems, and solder-coated metal systems. The Advanced Materials segment provides advanced chemicals, microelectronics packaging, precious and non-precious metals, and specialty metal products, including vapor deposition targets, frame lid assemblies, clad and precious metal pre-forms, high temperature braze materials, and ultra-fine wires for use in the consumer electronics, industrial components, and telecommunications infrastructure end markets. The Precision Coatings segment produces sputter-coated precision thin film coatings and optical filter materials. Materion Corporation distributes its products through company-owned facilities, and independent distributors and agents. The company was formerly known as Brush Engineered Materials Inc. and changed its name to Materion Corporation in 2011. Materion Corporation was founded in 1931 and is headquartered in Mayfield Heights, Ohio.

Corporate Governance

Materion Corporation’s ISS Governance QualityScore as of July 29, 2019 is 3. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 7; Compensation: 2.

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.