Winpak Ltd. (WPK.TO)

41.34 +0.20 (+0.49%) As of 12:08PM EDT. Market open.

Winpak Ltd.

100 Saulteaux Crescent
Winnipeg, MB R3J 3T3
Canada
204-889-1015
https://www.winpak.com

Sector(s): Consumer Cyclical
Industry: Packaging & Containers
Full Time Employees: 

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Olivier Y. Muggli	Pres & CEO	999.61k	N/A	N/A
Mr. Scott McKenzie Taylor	VP, CFO and Director of Corp. Accounting & Treasury	280.5k	N/A	N/A
Mr. Mustafa Bilgen	VP of Technology & Innovation	406k	N/A	N/A
Mr. James C. Holland	Pres of Winpak Division & Winpak Films Inc.	487.2k	N/A	N/A
M. D. Meyer	Sec.	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 CAD.

Description

Winpak Ltd. manufactures and distributes packaging materials and related packaging machines in the United States, Canada, Mexico, and internationally. The company operates through three segments: Flexible Packaging, Rigid Packaging and Flexible Lidding, and Packaging Machinery. The Flexible Packaging segment provides modified atmosphere packaging products for fresh and processed meats, poultry, cheese, medical device packaging, and high-performance pouch applications; high-barrier films for converting applications; specialty films, including barrier and non-barrier films converting applications, such as printing, laminating and bag making, and shrink bags; and biaxially oriented nylon films for food packaging and industrial applications. The Rigid Packaging and Flexible Lidding segment offers portion control and single-serve containers, as well as plastic sheet, custom, and retort trays for food, pet food, beverage, dairy, industrial, and healthcare applications; die-cut, daisy chain, and rollstock lidding products for food, dairy, beverage, industrial, and healthcare applications; and specialized printed packaging solutions for the pharmaceutical, healthcare, nutraceutical, cosmetic, and personal care markets. The Packaging Machinery segment provides horizontal fill/seal machines for preformed containers and vertical form/fill/seal pouch machines for pumpable liquid and semi-liquid, as well as various dry products. The company was incorporated in 1975 and is based in Winnipeg, Canada. Winpak Ltd. is a subsidiary of Wihuri International Oy.

Corporate Governance

Winpak Ltd.’s ISS Governance QualityScore as of March 1, 2023 is 10. The pillar scores are Audit: 10; Board: 10; Shareholder Rights: 9; Compensation: 6.

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.