Babcock & Wilcox Enterprises, Inc. (BW)

1.0600 +0.1428 (+15.57%) At close: 04:00PM EDT

Babcock & Wilcox Enterprises, Inc.

1200 East Market Street
Suite 650
Akron, OH 44305
United States
330 753 4511
https://www.babcock.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 2,200

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Kenneth M. Young	CEO & Chairman of the Board	1.08M	N/A	1964
Mr. Louis Salamone Jr.	Executive VP, CFO & Chief Accounting Officer	634.84k	N/A	1947
Mr. Jimmy B. Morgan	Executive VP & COO	659.17k	N/A	1969
Mr. John J. Dziewisz	Executive VP, General Counsel, Corporate Secretary	564.06k	N/A	1966
Mr. Chris Riker	Senior Vice President of Thermal	445k	N/A	1983
Ms. Brandy Johnson	Chief Technology Officer	N/A	N/A	N/A
Ms. Sarah Serafin	Vice President of Corporate Development	N/A	N/A	N/A
Mr. Wassim Moussaoui	Managing Director of Babcock & Wilcox Middle East Holdings	N/A	N/A	N/A
Mr. Gary Cochrane	Managing Director of European region	N/A	N/A	N/A
Mr. Kim Bredahl	Senior Vice President	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Babcock & Wilcox Enterprises, Inc., together with its subsidiaries, provides energy and emissions control solutions to industrial, electrical utility, municipal, and other customers worldwide. The company operates through three segments: Babcock & Wilcox Renewable; Babcock & Wilcox Environmental; and Babcock & Wilcox Thermal. The Babcock & Wilcox Renewable segment offers technologies divert the waste from landfills for power generation and replacing fossil fuels and recovering metals and reducing emissions. It offers BrightLoop, a hydrogen generation technology that generates hydrogen from a range of fuels, including solid fuels, such as biomass and coal. This segment also provides technologies for power and heat generation comprising waste-to-energy; OxyBright, an oxygen-fired biomass-to-energy technology; and black liquor systems for the pulp and paper industry. The Babcock & Wilcox Environmental segment offers a range of emissions control and environmental technology solutions for utility, waste to energy, biomass, carbon black, and industrial steam generation applications. This segment provides systems for cooling, ash handling, particulate control, nitrogen oxides and sulfur dioxides removal, chemical looping for carbon control, and mercury control under the SolveBright, OxyBright, BrightLoop, and BrightGen names. The Babcock & Wilcox Thermal segment offers aftermarket parts, construction, maintenance, engineered upgrades, and field services for its installed bases, as well as the installed base of other OEMs for power generation, oil and gas, petrochemical, food and beverage, metals and mining, and others. This segment also provides steam generation systems, including package boilers, watertube and firetube waste heat boilers, and other boilers to medium and heavy industrial customers. Babcock & Wilcox Enterprises, Inc. was founded in 1867 and is based in Akron, Ohio.

Corporate governance

Babcock & Wilcox Enterprises, Inc.’s ISS governance QualityScore as of 1 April 2024 is 5. The pillar scores are Audit: 5; Board: 7; Shareholder rights: 7; 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 10 indicates higher governance risk.