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Sandston Corporation (SDON)

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At close: 10:57AM EDT

Sandston Corporation

1496 Business Park Drive
Suite A
Traverse City, MI 49686
United States
231 943 2221

Sector(s)Financial Services
IndustryShell Companies
Full-time employees

Key executives

NameTitlePayExercisedYear born
Mr. Daniel J. DormanChairman, CEO, President, Principal Financial Officer & Principal Accounting OfficerN/AN/A1963
Amounts are as of 31 December 2022, 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

Sandston Corporation does not have significant operations. The company intends to acquire and/or invest in and operate strategically positioned companies in multiple industry groups. Previously, it was involved in the design, manufacture, and marketing of environmentally ruggedized computers and computer displays; design, development, and marketing of software for use in factory automation and control, and in test and measurement environments; and provision of application engineering support to customers of its own and third parties' products. The company was formerly known as Nematron Corporation and changed its name to Sandston Corporation in April 2004. The company was incorporated in 1983 and is based in Traverse City, Michigan. Sandston Corporation is a subsidiary of Dorman Industries, LLC.

Corporate governance

Sandston Corporation’s ISS governance QualityScore as of 1 April 2024 is 5. The pillar scores are Audit: 10; Board: 4; Shareholder rights: 6; 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.