Strattec Security Corporation (STRT)

22.85 +0.05 (+0.22%) At close: 04:00PM EDT

Strattec Security Corporation

3333 West Good Hope Road
Milwaukee, WI 53209
United States
414 247 3333
https://www.strattec.com

Sector(s): Consumer Cyclical
Industry: Auto Parts
Full-time employees: 3,361

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Frank Joseph Krejci	Pres, CEO & Director	648.53k	N/A	1950
Mr. Rolando J. Guillot	Sr. VP & COO	366.89k	N/A	1968
Mr. Richard P. Messina	VP & CTO	361.61k	N/A	1966
Mr. Dennis P. Bowe	VP, CFO, Principal Accounting Officer, Treasurer & Sec.	N/A	N/A	1969
Mr. Al-Waleed H. Hamdan	VP & Chief Commercial Officer	N/A	N/A	1968

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

Strattec Security Corporation designs, develops, manufactures, and markets automotive access control products under the VAST Automotive Group brand primarily in North America. The company provides mechanical and electronically enhanced locks and keys, passive entry passive start systems, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power tailgate and lift gate systems, power deck lid systems, door handles, and related products. It also offers full service and aftermarket support services for its products. The company markets its products to automotive and light truck original equipment manufacturers, as well as other transportation-related manufacturers; and through wholesale distributors, other marketers, and users of component parts, as well as certain products to non-automotive commercial customers. It also exports its products to Europe, South America, Korea, China, and India. Strattec Security Corporation was founded in 1908 and is headquartered in Milwaukee, Wisconsin.

Corporate governance

Strattec Security Corporation’s ISS governance QualityScore as of 1 September 2023 is 4. The pillar scores are Audit: 4; Board: 9; Shareholder rights: 1; Compensation: 7.

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.