INNOVATE Corp. (PST.F)

0.4640 -0.0040 (-0.85%) At close: 08:13AM CEST

INNOVATE Corp.

295 Madison Avenue
12th Floor
New York, NY 10017
United States
212 235 2691
https://www.innovatecorp.com

Sector(s): 
Industry: 
Full Time Employees: 3,946

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Michael J. Sena	Chief Financial Officer	955.79k	N/A	1973
Mr. Paul Kenneth Voigt	Interim Chief Executive Officer	296.53k	63.88k	1959
Anthony Rozmus	Investor Relations Officer	N/A	N/A	N/A

Amounts are as of December 31, 2022 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 EUR.

Description

INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. The Infrastructure segment provides industrial construction, structural steel, and facility maintenance services, such as fabrication and erection of structural steel and heavy steel plate services, and large-diameter water pipes and water storage tanks; fabrication of trusses and girders; and 3-D building information modeling and detailing for commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. This segment also offers solutions for digital engineering, modeling and detailing, construction, and heavy equipment installation and facility services including maintenance, repair, and installation; and manufactures pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and customized products. The Life Sciences segment develops products to treat early osteoarthritis of the knee; and aesthetic and medical technologies for the skin. The Spectrum segment operates over-the-air broadcasting stations across the United States; and Azteca America, a Spanish-language broadcast network. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. The company was incorporated in 1994 and is headquartered in New York, New York.

Corporate Governance

INNOVATE Corp.’s ISS Governance QualityScore as of April 1, 2024 is 3. The pillar scores are Audit: 9; Board: 3; Shareholder Rights: 2; 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 a 10 indicates higher governance risk.