UFP Technologies, Inc. (UFPT)

227.35 +1.72 (+0.76%) As of 12:33PM EDT. Market open.

UFP Technologies, Inc.

100 Hale Street
Newburyport, MA 01950-3504
United States
978 352 2200
https://www.ufpt.com

Sector(s): Healthcare
Industry: Medical Devices
Full-time employees: 3,093

Key executives

Name	Title	Pay	Exercised	Year born
Mr. R. Jeffrey Bailly	CEO & Chairman	2.32M	N/A	1962
Mr. Mitchell Caplan Rock	President	829.96k	N/A	1968
Mr. Ronald J. Lataille	CFO, Senior VP & Treasurer	828.02k	N/A	1962
Mr. Christopher P. Litterio Esq.	General Counsel, Secretary & Senior VP of Human Resources	607.24k	N/A	1963
Mr. Steven G. Cardin	VP & COO of MedTech	438.13k	N/A	N/A
Mr. Jason Holt	Chief Commercial Officer	N/A	N/A	1975
Ms. Daniella Mehalik	Vice President of Finance	N/A	N/A	1990

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

UFP Technologies, Inc. designs and manufactures solutions for medical devices, sterile packaging, and other highly engineered custom products. The company offers protective drapes for robotic surgery, single patient use surfaces, advanced wound care, infection prevention, disposables for surgical and endoscopic procedures, packaging for medical devices, orthopedic implants, biopharma drug manufacturing, and coils for catheters; and molded components for applications in acoustic insulation, interior trim, load floors, sunshades, SUV cargo cover handles, driveshaft damping, engine and manifold covers, quarter panels, and wheel liners. It also provides molded composites for commercial aviation and military gear for use in backpack components, knee and elbow pads, eyewear, and helmets; and reusable cases and custom for applications in military ballistics panels, virtual training systems, drones, communications equipment, and rugged portable computers. In addition, the company provides engineered products and components to customers in the automotive, aerospace and defense, and industrial markets for applications in military uniform and gear components, automotive interior trim, air filtration, and protective cases and inserts. It markets and sells its products through a direct sales force. The company was founded in 1963 and is headquartered in Newburyport, Massachusetts.

Corporate governance

UFP Technologies, Inc.’s ISS governance QualityScore as of 1 April 2024 is 5. The pillar scores are Audit: 3; Board: 5; Shareholder rights: 6; Compensation: 5.

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.