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Kadant Inc. (KAI)

NYSE - NYSE Delayed price. Currency in USD
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286.56+7.54 (+2.70%)
At close: 04:00PM EDT
286.56 0.00 (0.00%)
After hours: 05:42PM EDT

Kadant Inc.

One Technology Park Drive
Westford, MA 01886
United States
978 776 2000
https://www.kadant.com

Sector(s)Industrials
IndustrySpecialty Industrial Machinery
Full-time employees3,400

Key executives

NameTitlePayExercisedYear born
Mr. Jeffrey L. PowellPresident, CEO & Director2.75MN/A1959
Mr. Michael J. McKenneyExecutive VP & CFO1.09MN/A1962
Ms. Stacy D. KrauseSenior VP, General Counsel & Secretary898.04kN/A1977
Mr. Michael C. ColwellVice President1.08MN/A1966
Mr. Fredrik H. WesterhoutVice President996.35kN/A1965
Ms. Deborah S. SelwoodSenior VP & Chief Accounting OfficerN/AN/A1969
Ms. Dara F. MitchellSenior Vice President of Corporate DevelopmentN/AN/A1969
Mr. Wesley A. MartzVice President of MarketingN/AN/AN/A
Mr. Peter J. FlynnSenior Vice President830.73kN/A1951
Mr. Orrin H. BeanTreasurerN/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 USD.

Description

Kadant Inc. supplies technologies and engineered systems worldwide. It operates in three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems and equipment, such as rotary joints, syphons, turbulator bars, expansion joints, and engineered steam and condensate systems; and doctoring, cleaning, and filtration systems and related consumables consisting of doctor systems and holders, doctor blades, cleaning shower and fabric-conditioning systems, forming systems and wear surfaces, and water-filtration systems. The Industrial Processing segment develops, manufactures, and markets ring and rotary debarkers, stranders, chippers, engineered knife systems, industrial automation and control, recycling and approach flow systems, and virgin pulping process equipment for use in the packaging, tissue, wood products, and alternative fuel industries. The Material Handling segment offers conveying and vibratory equipment, and baling products; and manufactures and sells biodegradable absorbent granules for carriers in agricultural, home lawn and garden, professional lawn, turf, and ornamental applications, as well as for oil and grease absorption. The company markets and sells its products, services, and systems through direct sales, independent sales agents, and distributors. The company was formerly known as Thermo Fibertek, Inc. and changed its name to Kadant Inc. in July 2001. Kadant Inc. was incorporated in 1991 and is headquartered in Westford, Massachusetts.

Corporate governance

Kadant Inc.’s ISS governance QualityScore as of 1 May 2024 is 4. The pillar scores are Audit: 5; Board: 5; Shareholder rights: 5; Compensation: 3.

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.