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Spirax-Sarco Engineering plc (SPX.L)

LSE - LSE Delayed price. Currency in GBp (0.01 GBP)
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9,000.00-60.00 (-0.66%)
At close: 05:15PM BST

Spirax-Sarco Engineering plc

Charlton House
Cirencester Road
Cheltenham GL53 8ER
United Kingdom
44 1242 535 000
https://www.spiraxsarcoengineering.com

Sector(s)Industrials
IndustrySpecialty Industrial Machinery
Full-time employees10,000

Key executives

NameTitlePayExercisedYear born
Mr. Nimesh Balvir Patel B.Sc.Group Chief Executive & Executive Director667.75kN/A1977
Mr. Phil ScottInterim Chief Financial OfficerN/AN/AN/A
Mr. Andy J. Robson L.L.B., LLB Law, BarristerGroup General Counsel & Company SecretaryN/AN/A1963
Mr. Jim DevineGroup Human Resources DirectorN/AN/AN/A
Mr. Dan HarveyHead of Internal AuditN/AN/AN/A
Mr. Andrew MinesManaging Director of Watson-MarlowN/AN/A1972
Ms. Sarah PeersGroup Director of SustainabilityN/AN/AN/A
Mr. Maurizio PreziosaManaging Director of Steam SpecialtiesN/AN/AN/A
Ms. Jennifer ForresterHead of Employee ExperienceN/AN/AN/A
Mr. Darren TowersHead of Inclusion, Diversity & WellbeingN/AN/AN/A
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 GBp.

Description

Spirax-Sarco Engineering plc provides engineered solutions it operates through three segments: Steam Thermal Solutions; Electric Thermal Solutions; and Watson-Marlow Fluid Technology Solutions. The company offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating, curing, cooking, drying, cleaning, sterilizing, space heating, humidifying, vacuum packing, and producing hot water; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies for industrial processes; and peristaltic and niche pumps and associated fluid path technologies, including tubing, and specialty filling systems and products for single-use applications. It serves pharmaceutical and biotechnology, food, beverage, oil, gas, chemical, power generation, healthcare, water and wastewater, buildings, mining and precious metal processing, semiconductor, and transport sectors, as well as original equipment manufacturers. The company sells its products directly, as well as through distributors. It operates in Europe, the Middle East, and Africa; the Asia Pacific; and the Americas. The company was founded in 1888 and is headquartered in Cheltenham, the United Kingdom.

Corporate governance

Spirax-Sarco Engineering plc’s ISS governance QualityScore as of 1 May 2024 is 1. The pillar scores are Audit: 4; Board: 3; Shareholder rights: 1; Compensation: 1.

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.