BNET Industries
Market Cap:$1.4B
Last Fiscal Year Sales:$2.0B
- Public
- US
Dow Jones Description
Acuity Brands is the parent company of Acuity Brands Lighting and other subsidiaries (collectively referred to herein as the Company). The Company, with its principal office in Atlanta, Georgia, employs approximately 6,000 people worldwide. The Company designs, produces, and distributes a broad array of indoor and outdoor lighting fixtures and related products and services for commercial and institutional, industrial, infrastructure, and residential applications for various markets throughout North America and select international markets. The Company is one of the worlds leading producers and distributors of lighting fixtures, with a broad, highly configurable product offering, consisting of roughly 500,000 active products as part of over 2,000 product groups that are sold to approximately 5,000 customers. The Company operates 23 factories and distribution facilities along with three warehouses to serve its extensive customer base. Acuity Brands completed the spin-off of its specialty products business (the Spin-off), Zep Inc. (Zep), on October 31, 2007, by distributing all of the shares of Zep common stock, par value $.01 per share, to Acuity Brands stockholders of record as of October 17, 2007. Acuity Brands stockholders received one Zep share, together with an associated preferred stock purchase right, for every two shares of the Companys common stock they owned. Stockholders received cash in lieu of fractional shares for amounts less than one full Zep share. ...
Executive Vice President & President, CEO, Acuity Brands Lighting, Inc
John K. MorganNumber of Employees 6,500
Contact Information
1170 Peachtree St Ne Ste 2400
Atlanta, Georgia 30309
(404) 853-1400
Peer Companies
NAICS Code Other Chemical and Allied Products Merchant Wholesalers: 424690
Recent Events
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Costco, Yum! Fall; AirTran, Avid Budget Fall
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Acuity Brands announces quarterly dividend of USD0.13 per share
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Acuity Brands' Q3 profit down 46 percent
News & Analysis
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acuity brands inc. - All News and Analysis
Early Earnings Warnings
Dr. Duru submits: The next earnings season has not quite started yet, so it was probably easy to miss potentially indicative earnings warnings last week from two companies with combined market capitalization of just over $3 billion. Acuity Brands, Inc. AYI - an Atlanta-based company that designs, produces, and...
Acuity Buys Sensor Switch for $205M to Offer More Efficient Lighting
Greentech Media submits: By Ucilia Wang Acuity Brands Lighting Inc. has agreed to buy Sensor Switch for about $205 million to boost its offerings at a time when lots of public money is set to be spent on helping homeowners and businesses conserve energy. by Greentech Media
Acuity Brands, Inc. F1Q09 (Qtr End 11/30/08) Earnings Call Transcript
Earnings Call Excerpt Acuity Brands, Inc. AYI F1Q09 Earnings Call January 6, 2009 10:00 am ET Executives Dan Smith – Vice President, Treasurer Vernon Nagel – President, Chief Executive Officer Richard Reece – Executive Vice President, Chief Financial Officer Analysts Peter Lisnic - Robert W....
Acuity Brands, Inc. F4Q08 (Qtr End 08/31/08) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of Matt McCall - BB&T Markets Matt McCall - BB&T Markets If we look at the gross margin performance I think last quarter you had talked about expectations of sequential pressure of up to 100 basis...
Acuity Brands, Inc. F3Q08 (Qtr End 05/31/08) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Chris Glynn - Oppenheimer. Chris Glynn - Oppenheimer Fourth quarter cash flow is typically the strongest of the year. Any movement around that normal trend this year, should that be the typically expectation again? Richard K....
Zacks Earnings and Margins Strategy highlights: Acuity Brands, Hawaiian Holdings, Schnitzer Steel Industries and Almost Family
CHICAGO -- Earnings are the single most important metric for a company. Combine that with a healthy Net Profit Margin and you find a screen that has generated a cumulative return of +623.7% since January 2001. For 2006, this Profit Track has returned 23.4%. For the first month of 2007,...
Acuity Brands, Inc. F2Q08 (Qtr End 02/29/08) Earnings Call Transcript
Question-and-Answer Session Operator We will now begin the formal question-and-answer session. In order to ask your question please press *1 on your touchtone phone. You will be announced prior to asking your question. To withdraw your question you may press *2. Once again, to ask...
Acuity Brands F1Q08 (Qtr End 11/30/07) Earnings Call Transcript
Question-and-Answer Session Operator The first question comes from Robert Mccarthy, Banc of America. Robert Mccarthy – Banc of America Good morning everyone. Vernon J. Nagel Hi, Rob. Robert Mccarthy – Banc of America Congratulations on a good quarter it looks like you...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| John K. Morgan | Executive Vice President & President, CEO, Acuity Brands Lighting, Inc |
| Vernon J. Nagel | Chief Executive Officer |
| William A. Holl | Executive Vice President & President, CEO, Acuity Specialty Products Group, Inc |
| Jeremy M Quick | Executive Vice President & Cfo |
| John T Hartman | Executive Vice President & Chief Commercial Officer |
| Kenyon W. Murphy | Chief Administrative Officer |
| Richard K. Reece | Executive Vice President and Chief Financial Officer |
| James H. Heagle | Executive Vice President |
| Mark A Black | Executive Vice President, Supply Chain |
| Joseph G. Parham | Senior Vice President, HR |
| Barry Goldman | Vice President |
| Chris Tuttle | Vice President |
| Ed Weaver | Vice President of Lithonia Lighting's Consumer Products Group |
| Karen J. Holcom | Controller & Vice President |
| Mary Bruce Edmonds | Vice President, Risk Management |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Neil Williams | Committee Chairman |
| Ray M. Robinson | Non-Executive Chairman |
| Robert F. McCullough | Chairman |
| Earnest W. Deavenport, JR. | Board of Directors |
| Earnest W. Dervenport | Board of Directors |
| George C Guynn | Board of Directors |
| Gordon D. Harnett | Board of Directors |
| John L. Clendenin | Board of Directors |
| Julia B. North | Board of Directors |
| Peter C. Browning | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Executive Vice President & President, CEO, Acuity Brands Lighting, Inc | Current |
| Holophane | President | Current |
| WESCO International, Inc. | Board of Directors | Current |
| Lithonia Lighting | President & CEO | Former |
| Acuity Brands Lighting, Inc. | Chief Executive Officer | Former |
| Acuity Brands Lighting, Inc. | President | Former |
| Acuity Brands, Inc. | President | Former |
| Acuity Brands, Inc. | Chief Development Officer | Former |
| Indiana University | M.B.A. | Former |
| Purdue University | B.S. Degree In Engineering Technology | Former |
| Zep, Inc. | Chairman, President and Chief Executive Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Chief Executive Officer | Current |
| Acuity Brands, Inc. | President | Current |
| Acuity Brands, Inc. | Chairman | Current |
| Stericycle, Inc. | Chief Financial Officer | Former |
| Kuhlman Corporation | Chief Financial Officer | Former |
| Kuhlman Corporation | Executive Vice President | Former |
| Stericycle, Inc. | Executive Vice President | Former |
| Stericycle, Inc. | Vice President, Finance | Former |
| Acuity Brands, Inc. | Director | Former |
| Stericycle, Inc. | Treasurer | Former |
| Kuhlman Corporation | Treasurer | Former |
| University of Michigan | B.B.A. Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Executive Vice President & President, CEO, Acuity Specialty Products Group, Inc | Current |
| Acuity Specialty Products Group, Inc. | President | Current |
| Coca-Cola Enterprises Inc. | President, Eastern North America Group | Former |
| Acuity Brands, Inc. | Executive Vice President | Former |
| Coca-Cola Enterprises Inc. | Senior Vice President, Marketing and Business Development | Former |
| Harvard Business School | M.B.A. | Former |
| University of Southern California | B.S. Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Executive Vice President & Cfo | Current |
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Executive Vice President & Chief Commercial Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Chief Administrative Officer | Current |
| Acuity Brands, Inc. | Executive Vice President | Current |
| National Service Industries, Inc. | Senior Vice President | Former |
| National Service Industries, Inc. | General Counsel | Former |
| Acuity Brands, Inc. | General Counsel | Former |
| Harvard Law School | Law Degree | Former |
| The University of Georgia | B.B.A. Degree In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Executive Vice President and Chief Financial Officer | Current |
| Belden Inc. | Chief Financial Officer | Former |
| Belden Inc. | Vice President, Finance | Former |
| Ernst & Young | partner | Former |
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Executive Vice President, Supply Chain | Current |
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Senior Vice President, HR | Current |
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Vice President of Lithonia Lighting's Consumer Products Group | Current |
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Controller & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Vice President, Risk Management | Current |
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Committee Chairman | Current |
| Acuity Brands, Inc. | Director | Current |
| Alston & Bird | Managing Partner | Former |
| Organization | Position | Status |
|---|---|---|
| Aaron Rents, Inc. | President | Current |
| East Lake Golf Club | President Emeritus | Current |
| Citizens Bancshares Co. | Chairman | Current |
| Avnet, Inc. | Non Executive Chairman of the Board | Current |
| Acuity Brands, Inc. | Non-Executive Chairman | Current |
| Avnet, Inc. | Board of Directors | Current |
| The Chamberpost | Board of Directors | Current |
| Mirant Corporation | Board of Directors | Current |
| Aaron Rents, Inc. | Board Member | Current |
| Cpscreen | Board of Directors | Current |
| Acuity Brands, Inc. | Board Member | Current |
| AMR Corporation | Board of Directors | Current |
| Magnify, Inc. | Board of Directors | Current |
| Cp-PM.Net | Board of Directors | Current |
| Vendor Screen | Board of Directors | Current |
| American Airlines, Inc. | Board of Directors | Current |
| ChoicePoint Inc. | Board of Directors | Current |
| Avnet, Inc. | Board of Directors | Current |
| Secure Point | Board of Directors | Current |
| University of Denver | Bachelors Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Chairman | Current |
| Acuity Brands, Inc. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Eastman Chemical Company | Chief Executive Officer | Current |
| Eastman Chemical Company | Chairman | Current |
| Zep, Inc. | Chair | Current |
| Regions Insurance Group, Inc. | Board of Directors | Current |
| Regions Financial Corporation | Risk Management Committee Chair | Former |
| Zep, Inc. | Director | Current |
| Acuity Brands, Inc. | Board of Directors | Current |
| King Pharmaceuticals, Inc. | Director | Current |
| Mississippi State University | Master of Science Degree In Management | Former |
| National Association of Manufacturers | Chairman | Former |
| Regions Financial Corporation | Director | Former |
| Mississippi State University | Bachelor of Science Degree In Chemical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Cleveland Development Advisors, Inc. | Chairman | Current |
| EnPro Industries, Inc. | Audit and Risk Management Committee Chairman | Current |
| PolyOne Corporation | Board of Directors | Current |
| Blaylock & Partners LP | Vice Chairman | Current |
| Acuity Brands, Inc. | Board of Directors | Current |
| The Lubrizol Corporation | Board of Directors | Current |
| Brush Wellman Inc. | CEO | Former |
| Brush Engineered Materials Inc. | Chief Executive Officer | Former |
| Thomas & Betts Corporation | Chief Executive Officer | Former |
| Research Triangle Institute | President | Former |
| Brush Engineered Materials Inc. | Chief Executive Officer | Former |
| Bfgoodrich | Senior Vice President | Former |
| McKinsey & Company, Inc. | Former | |
| Brush' | Former | |
| Nordson Corporation | Chairman | Former |
| Brush Wellman Inc. | Chairman | Former |
| Brush Engineered Materials Inc. | Chairman | Former |
| Harvard University | M.B.A. | Former |
| Miami University | B.S. Degree In Business Administration | Former |
John L. Clendenin, 73, was Lead Director from February 2005 to October 2007. Mr. Clendenin was non-executive Chairman of the Board of Directors of Powerwave from January 3, 1999 to February 2005 and has been a member of the Board of Directors since May 1998. Mr. Clendenin is a Chairman Emeritus of BellSouth Corporation, a telecommunications holding company. He served as Chairman of the Board of BellSouth until December 31, 1997 and as President and Chief Executive Officer from 1984 until his retirement at the end of 1996. Prior to BellSouth, Mr. Clendenin was President of Southern Bell from April 1981 to December 1983. He also serves on the Board of Directors of Equifax Inc., Acuity Brands, Inc., The Kroger Company and The Home Depot, Inc.
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Board of Directors | Current |
| The Kroger Co. | Board of Directors | Current |
| Powerwave Technologies, Inc. | Board of Directors | Current |
| Southern Bell | President | Former |
| Powerwave Technologies, Inc. | Lead Director | Former |
| Powerwave Technologies, Inc. | Non-Executive Chairman of The Board of Directors | Former |
| BellSouth Corporation | Chairman | Former |
| Coca-Cola Enterprises Inc. | Board of Directors | Former |
| The Home Depot, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Acuity Brands, Inc. | Board of Directors | Current |
| Simtrol, Inc. | Board of Directors | Current |
| Community Health Systems, Inc. | Board of Directors | Current |
| Massachusetts Institute of Technology | masters | Former |
| Baylor University | bachelors degree in mathematics | Former |
Peter C. Browning is non-executive chairman of Nucor Corporation, a steel products manufacturing company in Charlotte. Previously he was dean of the McColl Graduate School of Business, Queens University of Charlotte.
| Organization | Position | Status |
|---|---|---|
| Nucor Corporation | Lead Director | Current |
| EnPro Industries, Inc. | Committee Member | Current |
| Nucor Corporation | Non-Executive Chairman | Current |
| Lowe's Companies, Inc. | Board Director | Current |
| The Phoenix Companies, Inc. | Director | Current |
| EnPro Industries, Inc. | Board of Directors | Current |
| Acuity Brands, Inc. | Board of Directors | Current |
| Lowe's Companies, Inc. | Governance Committee Member | Current |
| Limited Brands, Inc. | Former | |
| Nucor Corporation | Board of Directors | Former |
| Wachovia Corporation | Board of Directors | Former |
