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Garmin Ltd. (GRMN)

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215.70
+1.14
+(0.53%)
At close: January 17 at 4:00:02 PM EST
215.53
-0.17
(-0.08%)
After hours: 7:44:08 PM EST

Key Executives

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.
NameTitlePayExercisedYear Born
Mr. Clifton Albert Pemble President, CEO & Director 1.39M -- 1966
Mr. Douglas Gerard Boessen CPA CFO & Treasurer 790.26k -- 1963
Mr. Patrick G. Desbois Co-Chief Operating Officer 841.12k -- 1969
Mr. Philip I. Straub Executive VP & MD of Aviation - Garmin International, Inc 795.37k -- 1971
Mr. Andrew R. Etkind J.D. VP & Secretary 1.23M -- 1956
Dr. Min-Hwan Kao Ph.D. Co-Founder & Executive Chairman 384.43k -- 1949
Mr. Bradley Trenkle Co-Chief Operating Officer -- -- --
Ms. Teri Seck Manager of Investor Relations -- -- --
Mr. Joshua H. Maxfield VP, General Counsel & Assistant Secretary -- -- --
Mr. Ted Gartner Director of Corporate Communications -- -- --

Garmin Ltd.

Mühlentalstrasse 2
Schaffhausen, 8200
Switzerland
41 52 630 1600 https://www.garmin.com
Sector: 
Technology
Full Time Employees: 
19,900

Description

Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. Its Fitness segment offers running and multi-sport watches; cycling products; smartwatch devices; scales and monitors; and fitness accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, an application development platform. The company's Outdoor segment offers adventure watches, outdoor handhelds and satellite communicators, golf devices, consumer automotive devices, and dog devices, as well as InReach and Gramin response communication device. Its Aviation segment designs, manufactures, and markets various aircraft avionics solutions, including integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponders, weather information and avoidance solutions, datalink and connectivity solutions, and various services. The company's Marine segment provides chartplotters and multi-function displays, cartography products, fishfinders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, audio products and accessories, digital switching products, and trolling motors. Its Auto segment offers embedded domain controllers and infotainment units; and software, map database, cameras, wearables, and automotive solutions. The company sells its products through independent retailers, dealers, distributors, installation and repair shops, and original equipment manufacturers, as well as online webshop. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.

Corporate Governance

Garmin Ltd.’s ISS Governance QualityScore as of January 1, 2025 is 9. The pillar scores are Audit: 7; Board: 10; Shareholder Rights: 7; Compensation: 8.
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 a 10 indicates higher governance risk.

Upcoming Events

February 19, 2025 at 1:30 PM UTC

Garmin Ltd. Earnings Date

March 13, 2025 at 12:00 AM UTC

Ex-Dividend Date

March 28, 2025 at 12:00 AM UTC

Dividend Date

Recent Events

November 29, 2024 at 12:00 AM UTC

10-K/A: Periodic Financial Reports

October 30, 2024 at 2:30 PM UTC

Q3 2024 Earnings Call

October 30, 2024 at 12:00 AM UTC

10-Q: Periodic Financial Reports

July 31, 2024 at 12:00 AM UTC

S-8: Offering Registrations

June 26, 2024 at 12:00 AM UTC

11-K: Annual report of employee stock purchase

June 24, 2024 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

June 11, 2024 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

May 28, 2024 at 12:00 AM UTC

SD: Specialized Disclosure Report filed pursuant to Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act relating to the use of conflict minerals (Rule 13p-1)

May 1, 2024 at 12:00 AM UTC

10-Q: Periodic Financial Reports

April 24, 2024 at 12:00 AM UTC

DEFA14A: Proxy Statements

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