Preformed Line Products Company (PLPC)

126.33 +2.74 (+2.22%) As of 12:29PM EDT. Market open.

Preformed Line Products Company

660 Beta Drive
Mayfield Village, OH 44143
United States
440 461 5200
https://www.preformed.com

Sector(s): Industrials
Industry: Electrical Equipment & Parts
Full-time employees: 3,520

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Robert G. Ruhlman	Executive Chairman	2.84M	N/A	1957
Mr. Dennis F. McKenna	Chief Executive Officer	1.33M	N/A	1967
Mr. Jon Ryan Ruhlman	President & Director	967.85k	150.38k	1983
Mr. Andrew S. Klaus	Chief Financial Officer	839.62k	568.55k	1966
Mr. John M. Hofstetter	Executive Vice President of US Operations	830.67k	N/A	1965
Mr. Thomas F. Peterson	Founder	N/A	N/A	N/A
Ms. Caroline Saylor Vaccariello	General Counsel & Corporate Secretary	N/A	N/A	1967
Mr. Timothy J. O'Shaughnessy	Vice President of Human Resources	N/A	N/A	1971

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

Preformed Line Products Company, together with its subsidiaries, designs and manufactures products and systems that are used in the construction and maintenance of overhead, ground-mounted, and underground networks for the energy, telecommunication, cable, data communication, and other industries. The company offers optical ground wire products to support, protect, terminate, and splice transmission and distribution lines, as well as bolted, welded, and compressed connectors for substations; and string hardware products, polymer insulators, wildlife protection, substation fittings, and motion control devices. It also provides rugged outside plant closures to protect and support wireline and wireless networks, such as copper cable or fiber optic cable from moisture, environmental hazards, and other contaminants; and hardware assemblies, pole line hardware, plastic products, cable dynamics/vibration solutions, interior/exterior connectors, tools, and urethane solutions that are used by energy, renewable energy, communications, cable, and special industries for various applications. The company serves public and private energy utilities and communication companies, cable operators, governmental agencies, contractors and subcontractors, distributors, and value-added resellers in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It markets its products through a direct sales force, as well as through manufacturing representatives. Preformed Line Products Company was incorporated in 1947 and is headquartered in Mayfield Village, Ohio.

Corporate governance

Preformed Line Products Company’s ISS governance QualityScore as of 1 April 2024 is 8. The pillar scores are Audit: 8; Board: 10; Shareholder rights: 7; Compensation: 3.

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.