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Novanta Inc. (NOVT)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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130.97-3.30 (-2.46%)
As of 12:14PM EST. Market open.

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 employees2,200

Key executives

NameTitlePayExercisedYear born
Mr. Matthijs GlastraCEO & Chairman1.12M1.02M1969
Mr. Robert J. BuckleyChief Financial Officer649.1kN/A1974
Mr. Brian S. YoungChief HR Officer415.56kN/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 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

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. Its Photonics segment offers photonics-based solutions, including laser scanning and beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products for photonics-based applications, such as industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. The company's Vision segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; visualization solutions; wireless, recorder, 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. Its Precision Motion segment offers optical and inductive encoders, precision motors, motion control sub-assemblies, servo drives, 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 26 September 2021 is 1. The pillar scores are Audit: 2; Board: 3; Shareholder rights: 2; 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.