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Garmin Ltd. (GRMN)

NYSE - NYSE Delayed Price. Currency in USD
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95.92+0.83 (+0.87%)
At close: 04:03PM EDT
96.40 +0.48 (+0.50%)
After hours: 07:58PM EDT

Garmin Ltd.

MUehlentalstrasse 2
Schaffhausen 8200
41 52 630 1600

IndustryScientific & Technical Instruments
Full Time Employees19,700

Key Executives

NameTitlePayExercisedYear Born
Dr. Min-Hwan Kao Ph.D.Co-Founder & Exec. Chairman384.43kN/A1949
Mr. Clifton Albert PemblePres, CEO & Director1.23MN/A1966
Mr. Douglas Gerard BoessenCFO & Treasurer694.65k959.5k1963
Mr. Andrew R. EtkindVP, Gen. Counsel & Sec.1.11MN/A1956
Mr. Philip I. StraubExec. VP & MD of Aviation - Garmin International, Inc739.65kN/AN/A
Mr. Patrick G. DesboisExec. VP of Operations - Garmin International, Inc.666.07kN/AN/A
Ms. Teri SeckMang. of Investor RelationsN/AN/AN/A
Mr. Ted GartnerDirector of Corp. CommunicationsN/AN/AN/A
Amounts are as of December 31, 2021 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.


Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices in the Americas, the Asia Pacific, Australian Continent, Europe, the Middle East, and Africa. Its Fitness segment offers running and multi-sport watches; cycling products; activity tracking and smartwatch devices; fitness and cycling accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms; and Connect IQ, an application development platform. The company's Outdoor segment offers adventure watches, outdoor handhelds, golf devices and mobile apps, and dog tracking and training devices. Its Aviation segment designs, manufactures, and markets various aircraft avionics solutions comprising integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponder solutions, weather information and avoidance solutions, datalink and connectivity solutions, portable GPS navigators and wearables, and various services products. The company's Marine segment provides chartplotters and multi-function displays, cartography products, fishfinders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, entertainment, digital switching products, and trolling motors. Its Auto segment offers embedded domain controllers and infotainment systems; personal navigation devices; and cameras. The company sells its products through independent retailers, dealers, distributors, installation and repair shops, and original equipment manufacturers, as well as an online webshop, Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.

Corporate Governance

Garmin Ltd.’s ISS Governance QualityScore as of March 1, 2023 is 8. The pillar scores are Audit: 3; Board: 10; Shareholder Rights: 7; Compensation: 7.

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.