Kadant Inc. (KAI)

267.96 +2.62 (+0.99%) At close: 04:00PM EST

Kadant Inc.

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

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 3,100

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Jeffrey L. Powell	President, CEO & Director	2.91M	N/A	1959
Mr. Michael J. McKenney	Executive VP & CFO	1.18M	N/A	1962
Ms. Stacy D. Krause	Senior VP, General Counsel & Secretary	867.42k	N/A	1977
Mr. Michael C. Colwell	Vice President	897.97k	N/A	N/A
Mr. Fredrik H. Westerhout	Vice President	833.46k	N/A	N/A
Ms. Deborah S. Selwood	Senior VP & Chief Accounting Officer	N/A	N/A	1969
Ms. Dara F. Mitchell	Senior Vice President of Corporate Development	N/A	N/A	1969
Mr. Wesley A. Martz	Vice President of Marketing	N/A	N/A	N/A
Mr. Peter J. Flynn	Senior Vice President	830.73k	N/A	1951
Mr. Orrin H. Bean	Treasurer	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

Kadant Inc. supplies technologies and engineered systems worldwide. It operates through 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, shower and fabric-conditioning systems, formation systems, and water-filtration systems. The Industrial Processing segment develops, manufactures, and markets ring and rotary debarkers, stranders, chippers, logging machinery, industrial automation and control systems, 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 balers and related equipment; and manufactures and sells biodegradable absorbent granules for carriers in as carriers in agricultural, home lawn and garden, professional lawn, turf, and ornamental applications, as well as for oil and grease absorption. 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 December 2023 is 3. The pillar scores are Audit: 1; Board: 6; 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.