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Altra Industrial Motion Corp. (AIMC)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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35.64-0.37 (-1.03%)
At close: 04:00PM EDT
35.64 0.00 (0.00%)
After hours: 04:04PM EDT

Altra Industrial Motion Corp.

300 Granite Street
Suite 201
Braintree, MA 02184
United States
781 917 0600
https://www.altramotion.com

Sector(s):Β Industrials
Industry:Β Specialty Industrial Machinery
Full-time employees:Β 9,000

Key executives

NameTitlePayExercisedYear born
Mr. Carl R. ChristensonChairman & CEO2.41M2.14M1960
Mr. Todd B. PatriaccaExec. VP, CFO & Treasurer523.02kN/A1970
Mr. Glenn E. Deegan Esq.Chief Legal & HR Officer778.1kN/A1967
Mr. Craig SchueleExec. VP of Marketing & Bus. Devel.589.49kN/A1964
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Altra Industrial Motion Corp. designs, produces, and markets a range of electromechanical power transmission motion control products for use in various motion-related applications, and high-volume manufacturing and non-manufacturing processes. It operates in two segments, Power Transmission Technologies (PTT) and Automation & Specialty (A&S). The PTT segment offers couplings, such as gear couplings, diaphragm and disc couplings, elastomeric couplings, miniature and precision couplings, universal joints, mill spindles, and shaft locking devices under the Ameridrives, Bibby, Guardian, Huco, Lamiflex, Stromag, and TB Wood's brands; clutches and brakes under the Industrial Clutch, Formsprag, Stieber, Stromag, Svendborg, Twiflex, and Wichita brands; electromagnetic clutches and brakes under the Inertia Dynamics, Matrix, Stromag, and Warner Electric brands; and gears under the Bauer Gear Motor, Boston Gear, Delroyd, and Nuttall brands. The A&S segment provides rotary precision motion solutions, including servo and stepper motors, precision linear actuators, and electronic drives and motion controllers, as well as related software under the Kollmorgen brand; and miniature motors, and motion control products, such as brush and brushless DC, can stack, and disc magnet motors under the Portescap brand. This segment also offers linear bearings, guides, glides, lead and ball screws, industrial linear actuators, resolvers, and inductors for the transition of rotary motion to linear motion under the Thomson brand. It serves in North America, the rest of Europe, Germany, China, the rest of Asia, and internationally. The company was formerly known as Altra Holdings, Inc. and changed its name to Altra Industrial Motion Corp. in November 2013. Altra Industrial Motion Corp. was incorporated in 2004 and is headquartered in Braintree, Massachusetts.

Corporate governance

Altra Industrial Motion Corp.’s ISS governance QualityScore as of 1 May 2022 is 3. The pillar scores are Audit: 7; Board: 4; Shareholder rights: 3; Compensation: 1.

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 10 indicates higher governance risk.