nVent Electric plc (NVT)

40.11 +0.74 (+1.88%) As of 12:13PM EST. Market open.

nVent Electric plc

The Mille
8th Floor (East) 1000 Great West Road
London TW8 9DW
United Kingdom
44 20 3966 0279
https://www.nvent.com

Sector(s): Industrials
Industry: Electrical Equipment & Parts
Full Time Employees: 9,900

Key Executives

Name	Title	Pay	Exercised	Year Born
Ms. Beth A. Wozniak	CEO & Director	2.93M	N/A	1965
Ms. Sara E. Zawoyski	Exec. VP & CFO	1.18M	114.26k	1974
Mr. Jon D. Lammers	Exec. VP, Gen. Counsel & Sec.	1.14M	N/A	1965
Ms. Lynnette R. Heath	Exec. VP & Chief HR Officer	969.88k	N/A	1968
Mr. Joseph A. Ruzynski	Pres of Enclosures	1.11M	126.36k	1976
Mr. Randolph A. Wacker	Sr. VP, Chief Accounting Officer & Treasurer	N/A	N/A	1965
Mr. Aravind Padmanabhan	Exec. VP & CTO	N/A	N/A	1969
Mr. J. C. Weigelt	VP of Investor Relations	N/A	N/A	N/A
Jill Saletta	VP of Communications	N/A	N/A	N/A
Mr. Robert J. Van Der Kolk	Pres of Electrical & Fastening Solutions	N/A	N/A	1969

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

nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection products worldwide. The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management. The Enclosures segment provides solutions to connect and protect critical electronics, communication, control, and power equipment; physical infrastructure solutions to host, connect, and protect server and network equipment; and indoor and outdoor protection for test and measurement and aerospace and defense applications in industrial, infrastructure, commercial, and energy verticals. Its products also include metallic and non-metallic enclosures, cabinets, sub racks, and backplanes. The Electrical & Fastening Solutions segment offers fastening solutions to connect and protect electrical and mechanical systems, and civil structures. It also provides engineered electrical and fastening products. The Thermal Management segment offers electric thermal solutions that connect and protect buildings, infrastructure, industrial processes, and people. This segment provides thermal management systems comprising heat tracing, floor heating, fire-rated and specialty wiring, sensing, and snow melting and de-icing solutions. The company sells its products under the CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF, and TRACER brands. nVent Electric plc markets its products through electrical distributors, data center contractors, original equipment manufacturers, and maintenance contractors. It serves the energy, industrial, infrastructure, and commercial and residential sectors. The company was founded in 1903 and is based in London, the United Kingdom.

Corporate Governance

nVent Electric plc’s ISS Governance QualityScore as of February 1, 2023 is 1. The pillar scores are Audit: 4; Board: 2; Shareholder Rights: 1; 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.