Griffon Corporation (GFF)

65.20 -0.06 (-0.09%) At close: 04:00PM EDT

Griffon Corporation

712 Fifth Avenue
18th Floor
New York, NY 10019
United States
212 957 5000
https://www.griffon.com

Sector(s): Industrials
Industry: Conglomerates
Full-time employees: 5,700

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Ronald J. Kramer	Chairman of the Board & CEO	10.68M	N/A	1958
Mr. Robert F. Mehmel	President & COO	3.58M	N/A	1962
Mr. Brian G. Harris	Senior VP & CFO	1.61M	N/A	1969
Mr. Seth L. Kaplan	Senior VP, General Counsel & Secretary	1.55M	N/A	1969
Mr. W. Christopher Durborow	VP & Chief Accounting Officer	N/A	N/A	N/A
Mr. Michael W. Hansen	Vice President of Corporate Strategy & Development	N/A	N/A	N/A
Mr. Michael A. Sarrica	Senior Vice President of Operations	N/A	N/A	N/A
David Sweet	Vice President of Sustainability	N/A	N/A	N/A
Mr. Victor L. Weldon	President of Clopay Building Products	N/A	N/A	N/A

Amounts are as of 31 December 2023, 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

Griffon Corporation, through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally. The company operates through two segments: Home and Building Products, and Consumer and Professional Products. The Home and Building Products segment manufactures and markets residential and commercial sectional garage doors, rolling steel service doors, fire doors, shutters, steel security grilles, and room dividers for the use in commercial construction and repair, and home remodeling applications. The segment also sells related products, such as garage door openers. The Consumer and Professional Products segment manufactures and markets long-handled engineered tools, including spades, hoes, cultivators, weeders, post hole diggers, scrapers, edgers and forks; wheelbarrows and lawn carts; snow tools comprising pushers, roof rakes, sled sleigh shovels, scoops, and ice scrapers; and pruning products, such as pruners, loppers, shears, and other tools. The segment also offers striking tools, including axes, picks, mattocks, mauls, wood splitters, sledgehammers, pry bars, and repair handles; traditional and gardening hand tools comprising hammers, screwdrivers, pliers, adjustable wrenches, handsaws, tape measures, levels, clamps, trowels, cultivators, weeders, and other hand tools; indoor and outdoor planters and lawn accessories; and garden hoses and hose reels. In addition, the segment provides home organization products, including wire and wood shelving, containers, storage cabinets, and other closet and home organization accessories; residential, industrial, and commercial fans; and cleaning products, such as brooms, brushes, squeegees, and other cleaning products. The company was formerly known as Instrument Systems Corporation and changed its name to Griffon Corporation in June 1992. Griffon Corporation was founded in 1774 and is headquartered in New York, New York.

Corporate governance

Griffon Corporation’s ISS governance QualityScore as of 1 April 2024 is 5. The pillar scores are Audit: 9; Board: 5; Shareholder rights: 7; Compensation: 2.

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.