CompX International Inc. (CIX)

31.86 +0.33 (+1.05%) At close: 04:00PM EDT

CompX International Inc.

Three Lincoln Centre
Suite 1700 5430 LBJ Freeway
Dallas, TX 75240-2620
United States
972 448 1400
https://compxinternational.com

Sector(s): Industrials
Industry: Security & Protection Services
Full-time employees: 555

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Scott C. James	President, CEO & Director	1.32M	N/A	1966
Ms. Amy Allbach Samford	EVP & CFO	441k	N/A	1974
Ms. Amy E. Ruf	VP & Controller	333k	N/A	1976
Mr. Bart W. Reichert	Vice President of Internal Audit	183k	N/A	1972
Mr. Bryan A. Hanley	Senior VP & Treasurer	N/A	N/A	1981
Ms. Jane R. Grimm	VP, General Counsel & Secretary	N/A	N/A	1971
Mr. Andrew B. Nace	Executive Vice President	298k	N/A	1965
Ms. Kristin B. McCoy	Executive Vice President of Tax	N/A	N/A	1973

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

CompX International Inc. manufactures and sells security products and recreational marine components primarily in North America. It operates in two segments, Security Products and Marine Components. The Security Products segment manufactures mechanical and electrical cabinet locks, and other locking mechanisms used in various applications, including ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, high security medical cabinetry, integrated inventory and access control secured narcotics boxes, electrical circuit panels, storage compartments, gas station security, and vending and cash containment machines. This segment serves recreational transportation, postal, office and institutional furniture, cabinetry, tool storage, healthcare, and other industries. The Marine Components segment manufactures and distributes stainless steel exhaust headers, exhaust pipes, mufflers, and other exhaust components; gauges, such as GPS speedometers and tachometers; mechanical and electronic controls and throttles; wake enhancement systems, trim tabs, steering wheels, and billet aluminum accessories; dash panels, LED indicators, and wire harnesses; and grab handles, pin cleats, and related hardware and accessories primarily for ski/wakeboard and performance boats, as well as for the recreational marine and other industries. The company sells its products directly to original equipment manufacturers, as well as through distributors. The company was incorporated in 1993 and is based in Dallas, Texas. CompX International Inc. operates as a subsidiary of NL Industries, Inc.

Corporate governance

CompX International Inc.’s ISS governance QualityScore as of 1 April 2024 is 6. The pillar scores are Audit: 4; Board: 9; Shareholder rights: 5; 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 10 indicates higher governance risk.