NIC Inc. (EGOV)

20.73 +0.36 (+1.77%) At close: 4:00PM EDT

NIC Inc.

25501 West Valley Parkway
Suite 300
Olathe, KS 66061
United States
877 234 3468
http://www.egov.com

Sector(s): Technology
Industry: Software—Application
Full Time Employees: 1,000

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Harry H. Herington	Chairman & CEO	1.43M	N/A	1960
Mr. Stephen M. Kovzan	Chief Financial Officer	717.94k	N/A	1969
Mr. William A. Van Asselt	Gen. Counsel & Sec.	404.91k	N/A	1975
Ms. Jayne Friedland Holland	Chief Security Officer	657.85k	N/A	1964
Mr. Douglas L. Rogers	Sr. VP of Bus. Devel.	482.91k	N/A	1976

Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

NIC Inc., together with its subsidiaries, provides digital government services that enable governments to use technology to provide various services to businesses and citizens in the United States. Its portals consist websites and applications that enable businesses and citizens to access government information through online channels, such as applying for a permit, retrieving government records, or filing a government-mandated form or report. The company's portal service offerings include motor vehicle driver history record retrieval; vehicle title, lien, and registration; motor vehicle inspections; temporary vehicle tags; driver's license renewal; hunting and fishing licenses; health professional license services; professional license renewal; business registrations and renewals; secretary of state business searches; Uniform Commercial Code (UCC) searches and filings; limited criminal history searches; court services; vital records; income and property tax payments; and payment processing products and services. Its software & services business provides software development, payment processing, and other digital government services to state and local governments, as well as federal agencies. In addition, the company develops and manages the pre-employment screening program for motor carriers using transaction-based business model. Further, it offers application development and portal management services to governments. NIC Inc. was founded in 1991 and is based in Olathe, Kansas.

Corporate Governance

NIC Inc.’s ISS Governance QualityScore as of December 9, 2019 is 3. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 4; Compensation: 4.

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 a 10 indicates higher governance risk.