Hurco Companies, Inc. (HURC)

19.04 -0.27 (-1.40%) At close: 04:00PM EDT

Hurco Companies, Inc.

One Technology Way
Indianapolis, IN 46268
United States
317 293 5309
https://www.hurco.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 716

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Michael Doar	Executive Chairman	789.41k	14.45k	1955
Mr. Gregory S. Volovic	President, CEO & Director	1.07M	N/A	1965
Ms. Sonja K. McClelland	Executive VP, Treasurer & CFO	618.36k	5.78k	1972
Ms. Haiquynh Jamison	Corporate Controller & Principal Accounting Officer	272.44k	N/A	1980
Mr. Jonathon D. Wright	General Counsel & Corporate Secretary	345.05k	N/A	1984

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

Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. Its principal products include general-purpose computerized machine tools, including vertical and horizontal machining centers, turning centers, and toolroom machines. The company also provides computer control systems and related software for press brake applications. In addition, it offers machine tool components, automation integration equipment, and solutions for job shops; and software options, control upgrades, and accessories and replacement parts for its products, as well as customer service, training, and applications support services. Further, the company provides Autobend computer control systems for press brake machines. It serves independent job shops and specialized short-run production applications within large manufacturing operations, as well as precision tool, die, and mold manufacturers in aerospace, defense, medical equipment, energy, automotive/transportation, electronics, and computer industries. The company sells its products under the Hurco, Milltronics, and Takumi brands through independent agents and distributors, as well as through its direct sales and service organizations. Hurco Companies, Inc. was incorporated in 1968 and is headquartered in Indianapolis, Indiana.

Corporate governance

Hurco Companies, Inc.’s ISS governance QualityScore as of 1 April 2024 is 4. The pillar scores are Audit: 8; Board: 3; Shareholder rights: 6; 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.