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Melrose Industries PLC (MRO.L)

LSE - LSE Delayed price. Currency in GBp
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160.70-3.65 (-2.22%)
At close: 4:38PM BST

Melrose Industries PLC

Leconfield House
Curzon Street
London W1J 5JA
United Kingdom
44 20 7647 4500
http://www.melroseplc.net

Sector(s)Industrials
IndustrySpecialty Industrial Machinery
Full-time employees49,668

Key executives

NameTitlePayExercisedYear born
Mr. Simon A. PeckhamCEO & Exec. Director680kN/A1963
Mr. James Christopher MillerExec. Vice Chairman572kN/A1952
Mr. Geoffrey Peter MartinGroup Fin. Director & Exec. Director556kN/A1968
Mr. Peter Dilnot B.E., B.Eng, InterimCOO & Exec. DirectorN/AN/A1969
Mr. Liam ButterworthChief Exec. Officer of Automotive DivisionN/AN/A1971
Mr. Jonathon CrawfordCompany Sec.N/AN/A1973
Amounts are as of 31 December 2020, 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 GBp.

Description

Melrose Industries PLC engages in the aerospace, automotive, powder metallurgy, air management, and other industrial businesses in the United Kingdom, rest of Europe, North America, and internationally. Its Aerospace segment provides airframe and engine structures, and electrical interconnection systems for the aerospace industry in civil airframe and defense platforms. The company's Automotive segment designs, develops, manufactures, and integrates driveline technologies; and epowertrains and intelligent all-wheel drive systems. Its Powder Metallurgy segment offers precision automotive components and components for industrial and consumer applications; metal powder for powder metallurgy; and additive manufacturing parts for prototypes. The company's Nortek Air Management segment manufactures and sells ventilation products for the professional remodeling and replacement, residential new construction, and consumer DIY markets. This segment also manufactures and sells split-system and packaged air conditioners, heat pumps, furnaces, air handlers, and parts for the residential replacement and new construction markets; and custom designed and engineered products and systems for non-residential applications. Its Other Industrial segment provides turbo generators, transformers, and switchgears; develops and manufactures security, home automation, and access control technologies for the residential and commercial markets; and designs, manufactures, and distributes ergonomic products for use in a various working, learning, and healthcare environments. The company was formerly known as New Melrose Industries PLC and changed its name to Melrose Industries PLC in November 2015. Melrose Industries PLC was founded in 2003 and is headquartered in London, the United Kingdom.

Corporate governance

Melrose Industries PLC’s ISS governance QualityScore as of 26 September 2021 is 5. The pillar scores are Audit: 2; Board: 3; Shareholder rights: 1; 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 10 indicates higher governance risk.