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Winpak Ltd. (WPK.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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37.01-0.73 (-1.93%)
At close: 04:00PM EST

Winpak Ltd.

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

Sector(s)Consumer Cyclical
IndustryPackaging & Containers
Full Time Employees2,507

Key Executives

NameTitlePayExercisedYear Born
Mr. Olivier Y. MuggliPres & CEO676.04kN/AN/A
Mr. Larry A. WarelisVP & CFO263.39kN/AN/A
Mr. James C. HollandVP & Pres of Winpak Division and Winpak Films Inc.432.37kN/AN/A
Mr. Gregory L. PowellPres of Winpak Portion Packaging and Winpak Heat Seal446.06kN/AN/A
Mr. Mustafa BilgenVP of Technology & InnovationN/AN/AN/A
M. D. MeyerSec.N/AN/AN/A
Amounts are as of December 31, 2020 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; barrier and non-barrier films for printing, laminating, and bag making, including shrink bags; and biaxially oriented nylon films for printing, metalizing, or laminating processes, food packaging, and industrial applications. The Rigid Packaging and Flexible Lidding segment offers portion control and single-serve containers, plastic sheets, and custom and retort trays, which are used for applications such as food, pet food, beverage, dairy, industrial, and healthcare; lidding products are available in die-cut, daisy chain, and rollstock formats and are used for applications such as food, dairy, beverage, industrial, and healthcare; and specialized printed packaging provides packaging solutions to the pharmaceutical, healthcare, nutraceutical, cosmetic, and personal care markets. The Packaging Machinery segment offers horizontal fills/seal machines for containers and vertical form/fill/seal pouch machines for pumpable and semi liquid and dry products. The company was incorporated in 1975 and is headquartered in Winnipeg, Canada. Winpak Ltd. is a subsidiary of Wihuri Packaging Oy.

Corporate Governance

Winpak Ltd.’s ISS Governance QualityScore as of September 26, 2021 is 10. The pillar scores are Audit: 10; Board: 10; Shareholder Rights: 9; Compensation: 8.

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.