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DXP Enterprises, Inc. (DXPE)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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26.21-1.42 (-5.14%)
At close: 04:00PM EST
26.21 0.00 (0.00%)
After hours: 05:12PM EST

DXP Enterprises, Inc.

5301 Hollister Street
Houston, TX 77040
United States
713 996 4700
http://www.dxpe.com

Sector(s):Β Industrials
Industry:Β Industrial Distribution
Full-time employees:Β 2,550

Key executives

NameTitlePayExercisedYear born
Mr. David R. LittleChairman, Pres & CEO1.6MN/A1952
Mr. Kent YeeSr. VP, CFO, Sec. & Director241.41kN/A1975
Mr. Christopher T. GregorySr. VP of Information Technology & Chief Information Officer229.18kN/A1975
Mr. John J. JefferySr. VP of Supply Chain Services, Marketing & Information Technology230.56kN/A1968
Mr. Todd HamlinSr. VP of DXP Service Centers245.99kN/A1972
Mr. Eugene PadgettSr. VP & Chief Accounting OfficerN/AN/A1971
Mr. David C. Vinson Sr.Sr. VP of Innovative Pumping SolutionsN/AN/A1951
Mr. Wick Stephen NorbertVP & ControllerN/AN/AN/A
Amounts are as of 31 December 2020, 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

DXP Enterprises, Inc., together with its subsidiaries, engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services to energy and industrial customers primarily in the United States and Canada. It operates through three segments: Service Centers (SC), Supply Chain Services (SCS), and Innovative Pumping Solutions (IPS). The SC segment offers MRO products, equipment, and integrated services, including technical expertise and logistics services. It offers MRO products in the rotating equipment, bearing, power transmission, hose, fluid power, metal working, fastener, industrial supply, safety products, and safety services categories. This segment serves customers in the oil and gas, petrochemical, food and beverage, transportation, other general industrial, mining, construction, chemical, municipal, agriculture, and pulp and paper industries. The SCS segment manages procurement and inventory management solutions; and offers outsourced MRO solutions for sourcing MRO products, including inventory optimization and management, store room management, transaction consolidation and control, vendor oversight and procurement cost optimization, productivity improvement services, and customized reporting. Its programs include SmartAgreement, a procurement solution for various MRO categories; SmartBuy, an on-site or centralized MRO procurement solution; SmartSource, an on-site procurement and storeroom management solution; SmartStore, an e-Catalog solution; SmartVend, an industrial dispensing solution; and SmartServ, an integrated service pump solution. The IPS segment fabricates and assembles custom-made pump packages, remanufactures pumps, and manufactures branded private label pumps. The company was founded in 1908 and is based in Houston, Texas.

Corporate governance

DXP Enterprises, Inc.’s ISS governance QualityScore as of 26 September 2021 is 10. The pillar scores are Audit: 9; Board: 10; Shareholder rights: 6; 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 10 indicates higher governance risk.