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Novanta Inc. (NOVT)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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126.16+3.18 (+2.59%)
At close: 04:00PM EDT
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Novanta Inc.

125 Middlesex Turnpike
Bedford, MA 01730
United States
781 266 5700
https://www.novanta.com

Sector(s)Technology
IndustryScientific & Technical Instruments
Full-time employees2,700

Key executives

NameTitlePayExercisedYear born
Mr. Matthijs GlastraCEO & Chairman2.41MN/A1969
Mr. Robert J. BuckleyChief Financial Officer1.26MN/A1974
Mr. Brian S. YoungChief HR Officer733.88kN/A1969
Mr. Peter L. ChangCorp. Controller & Chief Accounting OfficerN/AN/A1965
Ms. Sarah BetadamChief Information OfficerN/AN/AN/A
Ms. Kitty SahinExec. VP of Strategy & Bus. Devel.N/AN/AN/A
Mr. Charlie WebsterExec. VP of Novanta Growth System & Global Supply ChainN/AN/AN/A
Mr. Heinrich DreyerGroup Pres of VisionN/AN/AN/A
Mr. Ray NashCorp. Fin. LeaderN/AN/AN/A
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

Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide. The company's Photonics segment offers photonics-based solutions, including laser scanning and beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products serving photonics-based applications for industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. It's Vision segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; visualization solutions; wireless technologies, video recorders, and video integration technologies for operating room integrations; optical data collection and machine vision technologies; radio frequency identification technologies; thermal chart recorders; spectrometry technologies; and embedded touch screen solutions. In addition, its Precision Motion segment offers optical and inductive encoders, precision motors, servo drives and motion control solutions, integrated stepper motors, intelligent robotic end-of-arm technology solutions, air bearings, and air bearing spindles. The company sells its products through its direct sales force, resellers, distributors, and system integrators under the Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, NDSsi, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, Celera Motion, MicroE, Zettlex, Applimotion, Ingenia, and Westwind brands. The company was formerly known as GSI Group, Inc. and changed its name to Novanta Inc. in May 2016. Novanta Inc. was founded in 1968 and is headquartered in Bedford, Massachusetts.

Corporate governance

Novanta Inc.’s ISS governance QualityScore as of 1 June 2022 is 2. The pillar scores are Audit: 1; Board: 4; Shareholder rights: 2; Compensation: 5.

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.