VLN.TO - Velan Inc.

Toronto - Toronto Delayed Price. Currency in CAD

Velan Inc.

7007 Cote de Liesse
Montreal, QC H4T 1G2
514 748 7743

IndustrySpecialty Industrial Machinery
Full Time Employees1,683

Key Executives

NameTitlePayExercisedYear Born
Mr. Yves Jacques LeducCEO & Director704.74kN/A1965
Mr. John D. BallExec. VP of Global Fin.344.28kN/AN/A
Mr. Duke TranExec. VP & GM of Severe Service Strategic Bus. Unit388.98kN/AN/A
Mr. Frédéric SegaultPres of Segault SAS378.47kN/AN/A
Mr. Bruno CarbonaroPres, Acting Exec. VP & GM of ProjectN/AN/A1967
Amounts are as of December 31, 2020 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 CAD.


Velan Inc. designs, manufactures, and markets industrial valves worldwide. It offers cryogenic valves comprising cast steel cryogenic, small forged cryogenic, cryogenic triple-offset, ball, and cryogenic control valves; gate, globe, and check valves, including pressure seal, cast steel, small forged, dual-plate check, bolted bonnet high pressure, cast stainless steel corrosion resistant, bonnetless, and knife gate valves, as well as maintenance valves for nuclear service; and quarter-turn valves, such as ball, metal-seated ball, forged ball, power ball, high performance three-piece ball, general purpose ball, triple-offset butterfly, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves. The company also provides cast steel and small forged hydrofluoric acid valves; and bellows seal bolted bonnet high pressure, seal cast steel, and seal API small forged valves. In addition, it offers bimetallic steam and thermodynamic steam traps. It serves power nuclear power, power generation, oil and gas, refining, chemical, pulp and paper, marine, mining, LNG and cryogenics, and water and wastewater sectors. It primarily sells its products through independent third-party distributors and sales agents. The company was formerly known as Velan Engineering Ltd. and changed its name to Velan Inc. in February 1981. The company was founded in 1950 and is headquartered in Montréal, Canada.

Corporate Governance

Velan Inc.’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.