Universal Electronics Inc. (UEIC)

9.58 +0.20 (+2.13%) At close: 04:00PM EDT

Universal Electronics Inc.

Scottsdale Quarter
Suite H300 15147 North Scottsdale Road
Scottsdale, AZ 85254-2494
United States
480 530 3000
https://www.uei.com

Sector(s): Technology
Industry: Consumer Electronics
Full Time Employees: 3,945

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Paul D. Arling	Chairman & CEO	856.77k	678.45k	1962
Mr. Bryan M. Hackworth	CFO & Sr. VP	430.99k	N/A	1970
Mr. Menno V. Koopmans	Sr. VP of Global Sales & Marketing	323.46k	N/A	1976
Mr. Ramzi S. Ammari	Sr. VP of Corp. Planning & Strategy	414.33k	N/A	1966
Mr. Richard K Carnifax	VP of Manufacturing & Operations	N/A	N/A	N/A
Mr. Richard A. Firehammer Jr.	Sr. VP, Gen. Counsel & Sec.	N/A	N/A	1958
Dr. Norman G. Sheridan Ph.D.,	Sr. VP of Engineering	N/A	N/A	1962
Mr. Cheung Hyen Chong	Exec. VP of Asia	N/A	N/A	1962
Mr. Stephen L. Gutman	Sr. VP of Global Sales of Subscription Broadcast	N/A	N/A	N/A
Mr. Hrag G. Ohannessian	Sr. VP of Global Sales at Home Automation, Security and Hospitality	N/A	N/A	N/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.

Description

Universal Electronics Inc. designs, develops, manufactures, and sells pre-programmed and universal control products, audio-video (AV) accessories, and intelligent wireless security and smart home products for video services, consumer electronics, security, home automation, climate control, and home appliance markets. The company offers universal radio frequency (RF) and infrared remote controls primarily for sale to video service providers, original equipment manufacturers (OEMs), retailers, and private label customers; integrated circuits on which its software and universal device control database is embedded for sale to OEMs, video service providers, and private label customers; and software, firmware, and technology solutions that enable devices, such as televisions, set-top boxes, audio systems, smart speakers, game consoles, and other consumer electronic and smart home devices to connect and interact with home networks and interactive services to control and deliver home entertainment, smart home services, and device or system information. It also provides cloud-services that support its embedded software and hardware solutions; intellectual property that the company licenses principally to OEMs and video service providers; RF sensors for residential security, safety, and home automation applications; wall-mount and handheld thermostat controllers and connected accessories for intelligent energy management systems, primarily to OEM customers, as well as hotels and hospitality system integrators; and AV accessories to consumers, including universal remote controls, television wall mounts, and stands and digital television antennas. The company also serves through a network of national and regional distributors and dealers. It sells its products under the One For All brand in the United States, the People's Republic of China, rest of Asia, Europe, Latin America, and internationally. The company was incorporated in 1986 and is headquartered in Scottsdale, Arizona.

Corporate Governance

Universal Electronics Inc.’s ISS Governance QualityScore as of February 1, 2023 is 5. The pillar scores are Audit: 7; Board: 8; 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.