UK markets close in 6 hours

Toromont Industries Ltd. (TMTNF)

Other OTC - Other OTC Delayed price. Currency in USD
Add to watchlist
95.460.00 (0.00%)
At close: 09:50AM EDT

Toromont Industries Ltd.

3131 Highway 7 West
PO Box 5511
Concord, ON L4K 1B7
Canada
416 667 5511
https://www.toromont.com

Sector(s)Industrials
IndustryIndustrial Distribution
Full-time employees7,000

Key executives

NameTitlePayExercisedYear born
Mr. Michael Stanley Howie McMillanCEO, President & Director879.51kN/AN/A
Mr. Michael P. CuddyChief Information Officer & VP695.53kN/AN/A
Mr. Miles Sean Ryan GreggPresident of Toromont Cat Construction Division566.73kN/AN/A
Mr. William HarveyPresident of Toromont Cat Mining Division533.41kN/AN/A
Mr. John Marshall DoolittleExecutive VP & CFON/AN/A1964
Ms. Lynn M. KorbakGeneral Counsel & Corporate SecretaryN/AN/AN/A
Ms. Isabelle LeclercVice President of Human ResourcesN/AN/AN/A
Mr. Joel CoutureChief Operating Officer - Toromont CatN/AN/AN/A
Mr. David Alan MalinauskasPresident of CIMCO Refrigeration355.44k395.9kN/A
Mr. Colin GoheenPresident of Battlefield Equipment RentalsN/AN/AN/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

Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment engages in the sale, rental, and service of mobile equipment for Caterpillar and other manufacturers; sale, rental, and service of engines used in various applications, including industrial, commercial, marine, on-highway trucks, and power generation; and sale of complementary and related products, parts, and services. This segment serves road building, mining, aggregates, infrastructure, residential and commercial construction, power generation, agriculture, forestry, and waste management markets. The CIMCO segment is involved in the design, engineering, fabrication, installation, and after-sale support of refrigeration systems in industrial and recreational markets. This segment primarily serves beverage and food processing, cold storage, food distribution, mining, and recreational ice rink sectors. Toromont Industries Ltd. was founded in 1961 and is headquartered in Concord, Canada.

Corporate governance

Toromont Industries Ltd.’s ISS governance QualityScore as of 1 March 2024 is 4. The pillar scores are Audit: 4; Board: 5; Shareholder rights: 8; Compensation: 2.

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.