Omega Flex, Inc. (OFLX)

67.00 +0.15 (+0.22%) At close: 04:00PM EDT

Omega Flex, Inc.

451 Creamery Way
Exton, PA 19341-2509
United States
610 524 7272
https://www.omegaflexcorp.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 168

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Kevin R. Hoben	Executive Chairman	2.6M	N/A	1947
Mr. Dean W. Rivest	CEO & Director	788.7k	N/A	1971
Mr. Edwin B. Moran	President & Director	601.74k	N/A	1968
Mr. Matthew F. Unger CPA	VP of Finance & CFO	330.52k	N/A	1967
Ms. Susan B. Asch	VP, General Counsel & Secretary	N/A	N/A	1968
Mr. Steven A. Treichel	Senior Vice President of Corporate Development & Facilities Management	550.49k	N/A	1951
Luke S. Hawk	Financial Controller	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

Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in North America and internationally. It offers flexible gas piping for use in residential and commercial buildings; fittings; containment pining; and corrugated medical tubing for use in hospitals, ambulatory care centers, dental, physician and veterinary clinics, laboratories, and other facilities. The company sells its products under the TracPipe, CounterStrike, AutoSnap, AutoFlare, DoubleTrac, DEF-Trac, and MediTrac brand names. It serves various markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries. The company sells its products through independent sales representatives, distributors, fabricating distributors, wholesalers, original equipment manufacturers, and direct sales, as well as through its website. The company was formerly known as Tofle America, Inc. and changed its name to Omega Flex, Inc. in 1996. Omega Flex, Inc. was incorporated in 1975 and is based in Exton, Pennsylvania.

Corporate governance

Omega Flex, Inc.’s ISS governance QualityScore as of 1 April 2024 is 9. The pillar scores are Audit: 9; Board: 10; Shareholder rights: 7; 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.