Hubbell Incorporated (HUBB)

373.30 +2.78 (+0.75%) At close: 04:00PM EDT

Hubbell Incorporated

40 Waterview Drive
Shelton, CT 06484-1000
United States
475 882 4000
https://www.hubbell.com

Sector(s): Industrials
Industry: Electrical Equipment & Parts
Full-time employees: 18,317

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Gerben W. Bakker	President, CEO & Chairman	3.77M	7.29M	1965
Mr. William R. Sperry	Executive VP & CFO	2.04M	2.37M	1962
Ms. Katherine Anne Lane	Senior VP, General Counsel & Corporate Secretary	1.35M	N/A	1978
Mr. Mark E. Mikes	President of Hubbell Electrical Solutions Segment	1.39M	N/A	1965
Mr. Gregory A. Gumbs	President of Hubbell Utility Solutions Segment	1.22M	N/A	1970
Akshay Mittal	Global Operations President	N/A	N/A	N/A
Mr. Jonathan M. Del Nero	VP, Controller & Principal Accounting Officer	N/A	N/A	1972
Dr. Alexis P. Bernard	Chief Technology Officer	N/A	N/A	1974
Drew M. Marquardt	Chief Information Officer	N/A	N/A	N/A
Mr. Daniel Joseph Innamorato	Director of Investor Relations	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

Hubbell Incorporated, together with its subsidiaries, designs, manufactures, and sells electrical and utility solutions in the United States and internationally. It operates through two segments, Electrical Solutions and Utility Solutions. The Electrical Solution segment offers standard and special application wiring device products, rough-in electrical products, connector and grounding products, lighting fixtures, and other electrical equipment for use in industrial, commercial, and institutional facilities by electrical contractors, maintenance personnel, electricians, utilities, and telecommunications companies, as well as components and assemblies. It also designs and manufactures various industrial controls, and communication systems for use in the non-residential and industrial markets, as well as in the oil and gas, and mining industries. This segment sells its products through electrical and industrial distributors, home centers, retail and hardware outlets, lighting showrooms, and residential product-oriented internet sites; and special application products primarily through wholesale distributors to contractors, industrial customers, and original equipment manufacturers. The Utility Solution segment designs, manufactures, and sells electrical distribution, transmission, substation, and telecommunications products, such as arresters, insulators, connectors, anchors, bushings, and enclosures cutoffs and switches; and utility infrastructure products, including smart meters, communications systems, and protection and control devices. This segment sells its products to distributors. Its brand portfolio includes Hubbell, Kellems, Bryant, Burndy, CMC, Bell, TayMac, Wiegmann, Killark, Hawke, Aclara, Fargo, Quazite, Hot Box, etc. The company was founded in 1888 and is headquartered in Shelton, Connecticut.

Corporate governance

Hubbell Incorporated’s ISS governance QualityScore as of 29 April 2024 is 4. The pillar scores are Audit: 4; Board: 6; Shareholder rights: 6; Compensation: 3.

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.