nVent Electric plc (NVT)

72.52 +1.35 (+1.90%) At close: 04:00PM EDT

nVent Electric plc

The Mille
8th Floor (East) 1000 Great West Road
London TW8 9DW
United Kingdom
44 2039 660 279
https://www.nvent.com

Sector(s): Industrials
Industry: Electrical Equipment & Parts
Full-time employees: 11,300

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Beth A. Wozniak	CEO & Chairman of the Board	2.84M	N/A	1964
Ms. Sara E. Zawoyski	Executive VP & CFO	1.28M	154.15k	1975
Mr. Aravind Padmanabhan	Executive VP & CTO	1.08M	N/A	1969
Mr. Jon D. Lammers	Executive VP, General Counsel & Secretary	1.16M	N/A	1965
Mr. Joseph A. Ruzynski	President of Enclosures	1.18M	241.21k	1976
Mr. Randolph A. Wacker	Senior VP, Chief Accounting Officer & Treasurer	N/A	N/A	1965
Tony Riter	Vice President of Investor Relations	N/A	N/A	N/A
Ms. Martha Claire Bennett	Executive VP & Chief Marketing Officer	N/A	N/A	N/A
Ms. Lynnette R. Heath	Executive VP & Chief HR Officer	969.88k	N/A	1968
Mr. Robert J. Van Der Kolk	President of Electrical & Fastening Solutions	N/A	N/A	1969

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

nVent Electric plc, together with its subsidiaries, designs, manufactures, markets, installs, and services electrical connection and protection solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management. The Enclosures segment provides solutions to protect electronics and data in mission critical applications, including data solutions. This segment also offers digital and automation solutions, system integrations, and global services. The Electrical & Fastening Solutions segment provides solutions that connect and protect power and data infrastructure. This segment also offers power connections, fastening solutions, cable management solutions, grounding and bonding systems, and tools and test instruments. The Thermal Management segment offers heat management solutions that protect people and assets. This segment includes heat tracing for freeze protection and process temperature maintenance and control; pipe freeze protection, surface deicing, hot water temperature maintenance, floor heating, fire-rated wiring, and leak detection; and heat trace systems, connected controls, remote monitoring, and annual service programs. The company markets its products through electrical distributors, contractors, and original equipment manufacturers under the CADDY, ERICO, GARDNER BENDER, HOFFMAN, ILSCO, RAYCHEM, SCHROFF, and TRACER brand names. Its products are used for various applications, such as industrial, commercial and residential, infrastructure, and energy. nVent Electric plc was founded in 1903 and is based in London, the United Kingdom.

Corporate governance

nVent Electric plc’s ISS governance QualityScore as of 1 April 2024 is 1. The pillar scores are Audit: 5; Board: 2; Shareholder rights: 1; 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.