XRM - Xerium Technologies, Inc.

NYSE - NYSE Delayed Price. Currency in USD

Xerium Technologies, Inc.

14101 Capital Boulevard
Youngsville, NC 27596
United States
919-526-1400
http://www.xerium.com

SectorIndustrial Goods
IndustryDiversified Machinery
Full Time Employees2,950

Key Executives

NameTitlePayExercisedAge
Mr. Clifford E. PietrafittaChief Financial Officer, Exec. VP and Treasurer534.17kN/A55
Mr. Michael F. BlyExec. VP of Global HR373.74kN/A50
Mr. David PrettyPres of North America and Pres of Europe591.91kN/A53
Mr. Eduardo FracassoPres of Latin America505.51kN/A57
Mr. Mark StatonChief Exec. Officer, Pres and DirectorN/AN/A58
Amounts are as of December 31, 2016 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

Xerium Technologies, Inc. manufactures and supplies consumable products primarily used in the production of paper. The company operates through two segments, Machine Clothing and Roll Covers. The Machine Clothing segment provides various types of industrial textiles used on paper-making machines and other industrial applications. It offers forming fabrics that are used at the beginning of paper-making machines; press felts for carrying the paper sheet through a series of press rolls that mechanically press water from the sheet under high pressure; and dryer fabrics that transport the paper sheet through the drying section of paper-making machines. This segment also provides other fabrics, which are used in other industrial applications, such as pulp, non-woven textiles, fiber cement, tannery sludge dewatering, and textiles manufacturing; and machine clothing products. The Roll Covers segment manufactures, refurbishes, and replaces roll covers, including suction rolls, lump breaker rolls, coater rolls, sizing rolls, calendar rolls, and conveying rolls used in paper-making machines. This segment also provides refurbishment services for previously installed roll covers; and mechanical maintenance and repair services for the internal mechanisms of rolls, as well as manufactures and repairs spreader rolls. The company markets its products to the paper industry worldwide through its direct sales force under the Huyck Wangner, Weavexx, Stowe Woodward, Mount Hope, Robec, IRGA, Xibe/Stowe, JJ Plank, and Spencer Johnston brands. Xerium Technologies, Inc. was founded in 1999 and is based in Youngsville, North Carolina.

Corporate Governance

Xerium Technologies, Inc.’s ISS Governance QualityScore as of October 15, 2017 is 5. The pillar scores are Audit: 2; Board: 2; Shareholder Rights: 5; Compensation: 6.

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.