Minerals Technologies Inc. (MTX)

71.66 +0.31 (+0.43%) As of 01:39PM EDT. Market open.

Minerals Technologies Inc.

622 Third Avenue
38th Floor
New York, NY 10017-6707
United States
212 878 1800
https://www.mineralstech.com

Sector(s): Basic Materials
Industry: Specialty Chemicals
Full-time employees: 4,027

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Douglas T. Dietrich	Chairman & CEO	4.3M	75.9k	1969
Mr. Erik C. Aldag	Senior VP of Finance & Treasury and CFO	922.25k	N/A	1985
Mr. D. J. Monagle III	Group President of Consumer & Specialties	1.77M	147.63k	1963
Mr. Jonathan J. Hastings	Senior Vice President of Strategy and M&A	1.69M	40.09k	1963
Mr. Brett Argirakis	Group President of Engineered Solutions	1.49M	23.56k	1965
Mr. Michael A. Cipolla	VP, Corporate Controller & Chief Accounting Officer	N/A	N/A	1958
Mr. Timothy J. Jordan	VP, General Counsel, Secretary & Chief Compliance Officer	N/A	N/A	1975
Ms. Erin N. Cutler	Vice President of Human Resources	N/A	N/A	1988

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

Minerals Technologies Inc. develops, produces, and markets various mineral, mineral-based, and related systems and services. The company operates through two segments, Consumer & Specialties, and Engineered Solutions segments. The Consumer & Specialties segment offers household and personal care products, such as pet litter, personal care, fabric care, edible oil and other fluid purification, animal health, and agricultural products; and specialty additives products, including precipitated calcium carbonate and ground calcium carbonate products that are used in the paper, paperboard, and fiber based packaging industries, as well as automotive, construction, and table and food applications. This segment produces limestone and dolomitic limestone used in construction, automotive, and consumer markets for packaging applications. The Engineered Solutions segment provides high-temperature technology products consisting of custom-blended mineral and non-mineral products for casting auto parts, farm and construction equipment, oil and gas production equipment, power generation turbine castings, and rail car components; and environmental and infrastructure products comprising geosynthetic clay lining systems, vapor intrusion mitigation products, sub surface waterproofing systems, green roofs, wastewater remediation, drinking water purification technologies, and drilling products. In addition, this segment provides chromite products; gunnable monolithic refractory products and application systems; monolithic refractory materials and pre-cast refractory shapes; refractory shapes and linings; carbon composite and pyrolitic graphite; and filtration and well testing services. It markets its products primarily through its direct sales force, as well as regional distributors. The company serves in the United States, Canada, Latin America, Europe, Africa, and Asia. Minerals Technologies Inc. was incorporated in 1968 and is headquartered in New York, New York.

Corporate governance

Minerals Technologies Inc.’s ISS governance QualityScore as of 1 April 2024 is 3. The pillar scores are Audit: 4; Board: 4; Shareholder rights: 4; 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.