Digi International Inc. (DGII)

29.49 +0.18 (+0.61%) At close: 04:00PM EDT

Digi International Inc.

9350 Excelsior Boulevard
Suite 700
Hopkins, MN 55343
United States
952 912 3444
https://www.digi.com

Sector(s): Technology
Industry: Communication Equipment
Full-time employees: 822

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Ronald E. Konezny	President, CEO & Director	1.77M	N/A	1968
Mr. James J. Loch	Executive VP, CFO & Treasurer	760.13k	N/A	1973
Mr. David H. Sampsell	Executive VP of Corporate Development, General Counsel & Corporate Secretary	638.05k	345.74k	1968
Mr. Terrence G. Schneider	Senior Vice President of Supply Chain Management	502.27k	288.19k	1966
Mr. Brian G. Ballenger	Vice President of Finance & Accounting	338.9k	11.46k	N/A
James E. Freeland	VP & Chief Information Officer	N/A	N/A	N/A
Mr. Steve Ericson	Senior VP & GM of OEM Solutions	N/A	N/A	N/A
Mr. Justin O. Schmid	Senior VP & GM of Managed Solutions	N/A	N/A	N/A
Mr. Gary Marks	Senior VP & GM of Opengear	N/A	N/A	1958
Mr. Brian Kirkendall	Senior VP & GM of Infrastructure Management	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

Digi International Inc. provides business and mission-critical Internet of Things (IoT) products, services, and solutions in the United States, Europe, the Middle East, Africa, and internationally. The company operates in two segments, IoT Products & Services, and IoT Solutions. It offers cellular routers for mission-critical wireless connectivity; cellular modules to embed cellular communications abilities into the products to deploy and manage intelligent and secure cellular connected products; console servers to provide secure and remote access to network equipment in data centers and at edge locations; and radio frequency products, including embedded wireless modules, off-the-shelf gateways, modems, and adapters under the Digi XBee brand. The company provides embedded system products under the Digi Connect, ConnectCore, and Rabbit brands; and infrastructure management products, comprising of serial servers, which offers serial port-to-Ethernet integration of devices into wired Ethernet networks; and universal serial bus solutions. In addition, it offers Digi Remote Manager and Lighthouse, a recurring revenue cloud-based service that provides a secure environment for customers to manage their connected device deployment and network devices; SmartSense by Digi for monitoring wirelessly the temperature of food and other perishable or sensitive goods, monitor facilities or pharmacies by tracking the completion of operating tasks by employees, as well as quality control and incident management for food service, healthcare, and transportation/logistics industries; and Ventus which provides MNaaS solutions. Further, the company provides professional services, such as site planning, implementation management, application development, and customer training; data plan subscriptions; and enhanced technical support services, as well as Digi Wireless Design Services. Digi International Inc. was incorporated in 1985 and is headquartered in Hopkins, Minnesota.

Corporate governance

Digi International Inc.’s ISS governance QualityScore as of 1 April 2024 is 4. The pillar scores are Audit: 7; Board: 3; Shareholder rights: 5; Compensation: 4.

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.