September 29, 2016 1:10 PM ET

Building Products

Company Overview of Advanced Drainage Systems, Inc.

Company Overview

Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products for non-residential, residential, agriculture, and infrastructure applications in the United States and internationally. The company provides single, double, and triple wall corrugated polypropylene and polyethylene pipes; and allied products comprising storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators. It also purchases and distributes construction fabrics, as well as other geosynthetic products for soil stabilization, reinforcement, filtration, separation, erosion contr...

4640 Trueman Boulevard

Hilliard, OH 43026

United States

Founded in 1966

4,300 Employees



Key Executives for Advanced Drainage Systems, Inc.

Chairman, Chief Executive Officer, President and Chairman of Executive Committee
Age: 70
Total Annual Compensation: $543.8K
Chief Financial Officer, Executive Vice President, Treasurer and Corporate Secretary
Age: 50
Total Annual Compensation: $195.9K
Co-Chief Operating Officer and Executive Vice President
Age: 58
Total Annual Compensation: $333.3K
Co-Chief Operating Officer and Executive Vice President
Age: 49
Total Annual Compensation: $307.1K
Executive Vice President of Sales
Age: 53
Total Annual Compensation: $288.3K
Compensation as of Fiscal Year 2016.

Advanced Drainage Systems, Inc. Key Developments

Advanced Drainage Systems, Inc. announced delayed 10-Q filing

On 08/10/2016, Advanced Drainage Systems, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Advanced Drainage Systems, Inc. Appoints Carl Nelson to Its Board of Directors, Effective August 4, 2016

Advanced Drainage Systems, Inc. announced that it has appointed Carl Nelson to its board of directors, effective August 4, 2016. Mr. Nelson fills the vacancy created by the departure of David Horing. Mr. Nelson began his career at Arthur Andersen in 1971 and worked there until 2002, retiring after 31 years of service. During his career he served as an audit partner and led the audit practice in the Columbus, OH office. Following the creation of Andersen Consulting, Mr. Nelson led the effort to establish the consulting practice within Arthur Andersen, eventually assuming the role of Managing Partner of the Columbus, OH office and leading the firm’s consulting services for the products industry in the United States.

Advanced Drainage Systems, Inc. Announces Quarterly Cash Dividend, Payable on September 15, 2016

Advanced Drainage Systems, Inc. announced that its Board of Directors has approved a quarterly cash dividend to its shareholders in the amount of $0.06 per share will be paid on September 15, 2016 to shareholders of record at the close of business on September 1, 2016.

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Recent Private Companies Transactions

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