Spirax-Sarco Engineering plc (SPX.L)

9,422.00 -24.00 (-0.25%) As of 10:10AM GMT. Market open.

Spirax-Sarco Engineering plc

Charlton House
Cirencester Road
Cheltenham GL53 8ER
United Kingdom
44 12 4252 1361
https://www.spiraxsarcoengineering.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 10,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Nicholas J. Anderson B.Sc., Eng., MBA	Group Chief Executive & Executive Director	1.37M	N/A	1961
Mr. Nimesh Balvir Patel B.Sc.	CFO & Executive Director	959.4k	N/A	1977
Mr. Andy J. Robson L.L.B., LLB Law, Barrister	Group General Counsel & Company Secretary	N/A	N/A	1963
Mr. Jim Devine	Group Human Resources Director	N/A	N/A	N/A
Mr. Dan Harvey	Head of Internal Audit	N/A	N/A	N/A
Mr. Andrew Mines	Managing Director of Watson-Marlow	N/A	N/A	1972
Ms. Sarah Peers	Group Director of Sustainability	N/A	N/A	N/A
Mr. Maurizio Preziosa	Managing Director of Steam Specialties	N/A	N/A	N/A
Ms. Jennifer Forrester	Head of Employee Experience	N/A	N/A	N/A
Mr. Darren Towers	Head of Inclusion, Diversity & Wellbeing	N/A	N/A	N/A

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 GBp.

Description

Spirax-Sarco Engineering plc provides engineered solutions for the users of industrial and commercial steam systems, electrical heating and temperature management systems, and pumps and fluid path technologies. 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 pumps, 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 December 2023 is 1. The pillar scores are Audit: 3; 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.