Novanta Inc. (NOVT)

130.98 -3.42 (-2.54%) At close: 4:00PM EST

Novanta Inc.

125 Middlesex Turnpike
Bedford, MA 01730
United States
781 266 5700
http://www.novanta.com

Sector(s): Technology
Industry: Scientific & Technical Instruments
Full Time Employees: 2,290

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Matthijs Glastra	CEO & Director	977.28k	N/A	1969
Mr. Robert J. Buckley	Chief Financial Officer	610.28k	N/A	1974
Mr. Brian S. Young	Chief HR Officer	395.47k	N/A	1969
Mr. Peter L. Chang	VP, Corp. Controller & Chief Accounting Officer	N/A	N/A	1965
Ms. Kitty Sahin	Exec. VP of Strategy & Bus. Devel.	N/A	N/A	N/A
Mr. Phil Martin	Group Pres of Photonics	N/A	N/A	N/A
Ms. Leane Sinicki	Group Pres of Precision Motion	N/A	N/A	N/A
Mr. Heinrich Dreyer	Group Pres of Minimally Invasive Surgery	N/A	N/A	N/A
Mr. Ray Nash	Corp. Fin. Leader	N/A	N/A	N/A

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

Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide. Its Photonics segment offers photonics-based solutions, including laser scanning and laser beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products for photonics-based applications, such as industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. The company's Vision segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; visualization solutions; wireless, recorder and video integration technologies for operating room integrations; optical data collection and machine vision technologies; radio frequency identification technologies; thermal chart recorders; spectrometry technologies; and embedded touch screen solutions. Its Precision Motion segment offers optical and inductive encoders, precision motors, motion control sub-assemblies, servo drives, air bearings, and air bearing spindles. The company sells its products through its direct sales force, resellers, distributors, and system integrators under the Cambridge Technology, Lincoln Laser, Synrad, Laser Quantum, ARGES, WOM, NDS, NDSsi, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, General Scanning, Celera Motion, MicroE, Applimotion, Zettlex, Ingenia, and Westwind brands. The company was formerly known as GSI Group, Inc. and changed its name to Novanta Inc. in May 2016. Novanta Inc. was founded in 1968 and is headquartered in Bedford, Massachusetts.

Corporate Governance

Novanta Inc.’s ISS Governance QualityScore as of January 22, 2021 is 1. The pillar scores are Audit: 2; Board: 1; Shareholder Rights: 3; 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 a 10 indicates higher governance risk.