Universal Electronics Inc. (UEIC)

10.94 -0.35 (-3.10%) At close: 04:00PM EDT

Universal Electronics Inc.

Scottsdale Quarter
Suite H300 15147 North Scottsdale Road
Scottsdale, AZ 85254-2494
United States
480 530 3000
https://www.uei.com

Sector(s): Technology
Industry: Consumer Electronics
Full-time employees: 4,177

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Paul D. Arling	Chairman & CEO	858.77k	N/A	1962
Mr. Bryan M. Hackworth	CFO & Senior VP	417.61k	N/A	1970
Mr. Richard K. Carnifax	Senior Vice President of Global Operations	313.55k	N/A	1987
Mr. Cheung Hyen Chong	Executive Vice President of Global Sales	377.41k	N/A	1962
Mr. Ramzi S. Ammari	Senior Vice President of Corporate Planning & Strategy	416.33k	N/A	1966
Mr. Richard A. Firehammer Jr., Esq.	Senior VP, General Counsel, Head of Global Compliance & Secretary	551.29k	N/A	1958
Dr. Norman G. Sheridan Ph.D.,	Senior Vice President of Engineering	N/A	N/A	1962
Mr. Stephen L. Gutman	Senior VP of Global Sales of Subscription Broadcast	N/A	N/A	N/A
Mr. Hrag G. Ohannessian	Senior Vice President of Global Sales for Home Automation, Security and Hospitality	N/A	N/A	N/A
Mr. Tak Chung Chan	Senior Vice President of Manufacturing Asia	N/A	N/A	N/A

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

Universal Electronics Inc. designs, develops, manufactures, ships, and supports control and sensor technology solutions in the United States, the People's Republic of China, rest of Asia, Europe, Latin America, and internationally. The company offers voice-enabled automatically-programmed universal two-way radio frequency, as well as infrared remote controls to video service providers, original equipment manufacturers (OEMs), retailers, and private label customers; wall-mount and handheld thermostat controllers and connected accessories for smart energy management systems to OEM customers, hotels, hospitality, and system integrators; proprietary and standards-based RF sensors for residential security, safety, and home automation applications; and integrated circuits on which its software and universal device control database is embedded to OEMs, video service providers, and private label customers. It also provides software, firmware and technology solutions that can enable devices such as Smart TVs, hybrid set-top boxes, audio systems, smart speakers, game consoles, and other consumer electronic and smart home devices to wirelessly connect and interoperate within home networks; cloud-services that support its embedded software and hardware solutions; intellectual property that the company licenses to OEMs and video service providers; embedded and cloud-enabled software for firmware update provisioning and digital rights management validation services to consumer electronics brands; and AV accessories, including universal remote controls, television wall mounts and stands, and digital television antennas. In addition, the company QuickSet, a software application that can be embedded in entertainment or smart home platform or can be delivered as a cloud-based service, through QuickSet Cloud, to enable universal device setup, interoperability, and control. Universal Electronics Inc. was incorporated in 1986 and is based in Scottsdale, Arizona.

Corporate governance

Universal Electronics Inc.’s ISS governance QualityScore as of 29 April 2024 is 5. The pillar scores are Audit: 5; Board: 7; Shareholder rights: 4; 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.