FARO Technologies, Inc. (FARO)

18.62 -0.38 (-2.00%) At close: 04:00PM EDT

FARO Technologies, Inc.

125 Technology Park
Lake Mary, FL 32746
United States
407 333 9911
https://www.faro.com

Sector(s): Technology
Industry: Scientific & Technical Instruments
Full-time employees: 1,243

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Jeffrey D. Sexton	Senior Vice President of Global Sales	294.77k	N/A	1962
Mr. Peter James Lau	CEO, President & Director	N/A	N/A	1980
Mr. Matthew Horwath	Senior VP & CFO	N/A	N/A	N/A
Mr. Jason Pollock	Chief Operating Officer	N/A	N/A	N/A
Mr. Oliver Zweigle Ph.D.	Senior VP of Engineering & CTO	N/A	N/A	N/A
Mr. Thomas O. McGimpsey J.D.	Senior VP & General Counsel	N/A	N/A	1962
Ms. Melanie Stagnitti	VP & Chief Human Resources Officer	N/A	N/A	N/A
Ms. Arianne Boyer	VP & Chief Transformation Officer	N/A	N/A	N/A
Ms. Shelley Gretlein	Senior Vice President of Building Insights	N/A	N/A	N/A
Mr. Roger Isern	Chief Digital Officer	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 USD.

Description

FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions worldwide. The company offers FaroArm, a combination of a portable articulated measurement arm, a computer, and CAM2 software programs; FARO Laser Tracker, a combination of a portable large-volume laser measurement tool, a computer, and CAM2 software programs; FARO Laser Projector, which provides a virtual template that operators and assemblers can use to position components; FARO Laser Scanning Portfolio to measure and collect a cloud of data points for 3D rendering of an object or area; and FARO Mobile Laser Portfolio provides 3D scanning while attached to other mobile devices, such as drones for metrology, reverse engineering, factory automation, building information modeling, public safety, and other applications. It also provides FARO Software, a software solution that integrate with FARO hardware products to merge data and provide collaborative workflows and applications. It sells its products to automotive, aerospace, and metal and machine fabrication industries. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida.

Corporate governance

FARO Technologies, Inc.’s ISS governance QualityScore as of 1 April 2024 is 4. The pillar scores are Audit: 2; Board: 5; Shareholder rights: 6; Compensation: 2.

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.