Pendrell Corporation (PCOA)

150,000.00 +30,000.00 (+25.00%) At close: 09:33AM EDT

Pendrell Corporation

2300 Carillon Point
Kirkland, WA 98033
United States
425-278-7100
https://www.pendrell.com

Sector(s): Industrials
Industry: Specialty Business Services
Full-time employees: 12

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Craig O. McCaw	Co-CEO & Executive Chairman	250k	N/A	1950
Mr. R. Gerard Salemme	Co-CEO, President, Consultant & Director	729.1k	N/A	1954

Amounts are as of 31 December 2017, 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

Pendrell Corporation invests in, acquires, and develops businesses with technologies that are protected by intellectual property (IP) rights in the United States. It manages three IP licensing programs comprising memory and storage technologies, digital media, and digital cinema. The company's digital media program is supported by patents and patent applications to protect against unauthorized duplication and use of digital content during the transfer of the digital content. It grants digital media licenses to manufacturers, distributors, and providers of consumer products. The company's memory and storage technologies are used in electronic devices, including licensees of flash memory component suppliers, solid state disk manufacturers, and device vendors. Its digital cinema program is supported by DRM Patents and patent applications designed to protect against unauthorized creation, duplication and use of digital cinema content that is distributed to movie theaters worldwide. Its digital cinema licensees include distributors and exhibitors of digital content, such as motion picture producers, motion picture distributors, and equipment vendors. The company was formerly known as ICO Global Communications (Holdings) Limited and changed its name to Pendrell Corporation in July 2011. Pendrell Corporation was founded in 1995 and is headquartered in Kirkland, Washington.

Corporate governance

Pendrell Corporation’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

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.