TMTNF - Toromont Industries Ltd.

Other OTC - Other OTC Delayed price. Currency in USD

Toromont Industries Ltd.

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

SectorIndustrials
IndustryIndustrial Distribution
Full-time employees6,000

Key executives

NameTitlePayExercisedYear born
Mr. Scott J. MedhurstCEO, Pres & DirectorN/AN/A1962
Mr. Paul R. JewerCFO & Exec. VPN/AN/A1964
Mr. Michael P. CuddyChief Information Officer & VPN/AN/AN/A
Mr. Randall B. CassonPres of Battlefield Equipment RentalsN/AN/AN/A
Mr. David Alan MalinauskasPres of CIMCO RefrigerationN/AN/AN/A
Amounts are as of , 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 is involved 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, public infrastructure, residential construction, power generation, marine, agriculture, forestry, on-highway truck engines, industrial, demolition, and waste management sectors. The CIMCO segment is involved in the design, engineering, fabrication, installation, and after-sale support of refrigeration systems in industrial and recreational markets. Toromont Industries Ltd. was founded in 1961 and is based in Concord, Canada.

Corporate governance

Toromont Industries Ltd.’s ISS governance QualityScore as of 4 October 2019 is 7. The pillar scores are Audit: 1; Board: 5; Shareholder rights: 7; Compensation: 6.

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.
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