SMART Global Holdings, Inc. (SGH)

17.72 -0.74 (-4.01%) At close: 04:00PM EDT

SMART Global Holdings, Inc.

1390 McCarthy Boulevard
Milpitas, CA 95035
United States
510 623 1231
https://www.sghcorp.com

Sector(s): Technology
Industry: Semiconductors
Full-time employees: 3,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Mark W. Adams	President, CEO & Director	929.41k	4.66M	1964
Mr. Ken Rizvi	Senior VP & CFO	566.21k	N/A	1975
Mr. Jack A. Pacheco	Executive VP, COO & President of Memory Solutions	579.08k	657.53k	1960
Mr. Joseph Clark	Senior VP & President of LED Solutions	452.52k	N/A	1972

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

SMART Global Holdings, Inc., a memory-focused company, engages in the designing and development of enterprise solutions in the United States, China, Europe, and internationally. It operates through Memory Solutions, Intelligent Platform Solutions, and LED Solutions segments. The company offers dynamic random access memory modules, solid-state and flash storage, and other advanced memory solutions for networking and telecom, data analytics, artificial intelligence and machine learning applications; and supply chain services including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging services. It also provides Penguin Computing that focus on technical computing for core and cloud environments through HPC and AI solutions; and Penguin Edge, an edge computing solution for embedded and wireless applications including high-performance products for government, health care, industrial, and telecommunications applications. In addition, the company offers Stratus, which provides simplified, protected, and autonomous fault tolerant computing solutions in the data center and at the Edge through hardware and software services; and leading-edge solutions to education, energy, financial services, government, hyperscale, and manufacturing markets. Further, it provides LED-based products comprising blue and green LED chips based on gallium nitride, and related materials under Cree LED brand; and surface mount devices under the Cree LED XLamp and J Series brand. The company sells its products directly to original equipment manufacturers, enterprise, government and other end customers through direct sales force, e-commerce, customer service representatives, on-site field application engineers, independent sales representatives, distributors, integrators, and resellers. SMART Global Holdings, Inc. was founded in 1988 and is headquartered in Milpitas, California.

Corporate governance

SMART Global Holdings, Inc.’s ISS governance QualityScore as of 1 April 2024 is 3. The pillar scores are Audit: 4; Board: 2; Shareholder rights: 5; Compensation: 4.

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.