Clearfield, Inc. (CLFD)

48.04 +3.40 (+7.62%) As of 03:04PM EDT. Market open.

Clearfield, Inc.

7050 Winnetka Avenue North
Suite 100 Brooklyn Park
Minneapolis, MN 55428
United States
763 476 6866
https://www.seeclearfield.com

Sector(s): Technology
Industry: Communication Equipment
Full-time employees: 407

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Cheryl P. Beranek	CEO, Pres & Director	1.35M	3.6M	1962
Mr. Daniel R. Herzog	Chief Financial Officer	578.22k	1M	1964
Mr. John P. Hill	Chief Operating Officer	1.35M	3.6M	1966
Mr. Skip Hansen	Chief Information Officer	N/A	N/A	N/A
Mr. Kevin Morgan	Chief Marketing Officer	N/A	N/A	N/A
Mr. Bob Cody	VP of HR & Office of Resource Management	N/A	N/A	N/A
Mr. Allen Griser	Chief Commercial Officer	N/A	N/A	N/A

Amounts are as of 31 December 2022, 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

Clearfield, Inc. manufactures, markets, and sells standard and custom passive connectivity products to the fiber-to-the-premises, enterprises, and original equipment manufacturers markets in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures. It also provides WaveSmart, which are optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and outdoor cabinet and fiber active cabinet products. The company offers StreetSmart, a portfolio of fiber management products; FieldShield, a fiber pathway and protection method for reducing the cost of broadband deployment; and YOURx platform that consists of hardened terminals, test access points, and various drop cable options for portions of the access network across various fiber drop cable media. It also provides CraftSmart, a line of optical protection field enclosures, including CraftSmart Fiber Protection Pedestals and CraftSmart Fiber Protection Vaults integrated solutions optimized to house FieldSmart products at the last mile access point of the network in above-grade or below-grade installations. The company offers fiber and copper assemblies with an industry-standard or customer-specified configuration; and designs and manufactures custom solutions for in-the-box and network connectivity assemblies specific to that customer's product line. It provides its fiber to anywhere platform for various incumbent local exchange carriers, competitive local exchange carriers, wireless operators, and multiple systems operators and cable TV companies, as well as the utility/municipality, enterprise, and data center markets. The company was formerly known as APA Enterprises, Inc. and changed its name to Clearfield, Inc. in January 2008. Clearfield, Inc. was founded in 1979 and is headquartered in Minneapolis, Minnesota.

Corporate governance

Clearfield, Inc.’s ISS governance QualityScore as of 1 February 2023 is 4. The pillar scores are Audit: 8; Board: 3; Shareholder rights: 2; Compensation: 7.

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.