U.S. Markets open in 7 hrs 17 mins

Winpak Ltd. (WPK.TO)

Toronto - Toronto Real Time Price. Currency in CAD
Add to watchlist
42.16-0.69 (-1.61%)
At close: 4:00PM EST

Winpak Ltd.

100 Saulteaux Crescent
Winnipeg, MB R3J 3T3
Canada
204 889 1015
http://www.winpak.com

Sector(s)Consumer Cyclical
IndustryPackaging & Containers
Full Time Employees2,455

Key Executives

NameTitlePayExercisedYear Born
Mr. Olivier Y. MuggliPres & CEO985.18kN/AN/A
Mr. Larry A. WarelisVP & CFO356.13kN/AN/A
Mustafa BilgenVP of Technology & Innovation391.25kN/AN/A
Mr. James C. HollandPres of Winpak Films Inc.489.54kN/AN/A
Mr. Timothy L. JohnsonPres of Winpak Heat Seal PackagingN/AN/AN/A
Gregory L. PowellPres of Winpak Portion PackagingN/AN/AN/A
D. L. KempSec.N/AN/AN/A
Amounts are as of December 31, 2019 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.

Description

Winpak Ltd. manufactures and distributes packaging materials and related packaging machines in the United States, Canada, Mexico, and internationally. The company operates through three segments: Rigid Packaging and Flexible Lidding, Flexible Packaging, and Packaging Machinery. The Rigid Packaging and Flexible Lidding segment offers portion control and single-serve containers, plastic sheets, and custom and retort trays, as well as lidding products for food, pet food, beverage, dairy, and industrial and healthcare applications; and specialized printed packaging products to the pharmaceutical, healthcare, nutraceutical, and cosmetic and personal care markets. The Flexible Packaging segment provides modified atmosphere packaging products for fresh and processed meats, poultry, cheese, medical device packaging, pouch, and high-barrier films for converting applications; barrier and non-barrier films for printing, laminating, and bag making, including shrink bags; and biaxially oriented nylon films for printing, metalizing or laminating processes, and food packaging and industrial applications. The Packaging Machinery segment offers horizontal fills/seal machines for containers and vertical form/fill/seal pouch machines for pumpable and semi liquid and dry products. The company was incorporated in 1975 and is headquartered in Winnipeg, Canada. Winpak Ltd. operates as a subsidiary of Wihuri Packaging Oy.

Corporate Governance

Winpak Ltd.’s ISS Governance QualityScore as of November 1, 2019 is 10. The pillar scores are Audit: 1; Board: 10; Shareholder Rights: 9; Compensation: 8.

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.