Park-Ohio Holdings Corp. (PKOH)

24.03 +0.80 (+3.44%) At close: 04:00PM EST

Park-Ohio Holdings Corp.

6065 Parkland Boulevard
Cleveland, OH 44124
United States
440 947 2000
https://pkoh.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 7,100

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Matthew V. Crawford	Chairman, CEO & President	2.18M	N/A	1970
Mr. Patrick W. Fogarty	Senior VP & CFO	965.89k	N/A	1961
Mr. Robert D. Vilsack	Chief Legal & Administrative Officer and Corporate Secretary	844.83k	N/A	1961

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

Park-Ohio Holdings Corp. provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Europe, Asia, Mexico, Canada, and internationally. It operates through three segments: Supply Technologies, Assembly Components, and Engineered Products. The Supply Technologies segment offers Total Supply Management solution, including engineering and design support, part usage and cost analysis, supplier selection, quality assurance, bar coding, product packaging and tracking, just-in-time and point-of-use delivery, electronic billing, and ongoing technical support services, as well as provides spare parts and aftermarket products; and production components, such as valves, fuel hose assemblies, electro-mechanical hardware, labels, fittings, steering components, and other products. This segment also engineers and manufactures precision cold-formed and cold-extruded fasteners, and other products comprising locknuts, SPAC nuts, SPAC bolts, and wheel hardware. The Assembly Components segment offers direct fuel injection fuel rails and pipes, fuel filler pipes, and flexible multi-layer plastic and rubber assemblies; turbo charging and coolant hoses; and provides value-added services that comprise design engineering, machining, and parts assembly. The Engineered Products segment offers engineered products that include induction heating and melting systems, pipe threading systems, and forged and machined products for ferrous and non-ferrous metals, silicon, coatings, forging, foundry, automotive, and construction equipment industries; engineers and installs mechanical forging presses; sells spare parts; provides field services; and forges aerospace and defense structural components, and rail products. Park-Ohio Holdings Corp. was founded in 1907 and is headquartered in Cleveland, Ohio.

Corporate governance

Park-Ohio Holdings Corp.’s ISS governance QualityScore as of 1 December 2023 is 9. The pillar scores are Audit: 9; Board: 8; Shareholder rights: 9; Compensation: 10.

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.