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briggs & stratton (BS7) Details

Briggs & Stratton Corporation designs, manufactures, markets, and services air cooled gasoline engines for outdoor power equipment. It operates in two segments, Engines and Products. The Engines segment offers four-cycle aluminum alloy gasoline engines that are used primarily by the lawn and garden equipment industry. Its products are used in various lawn and garden equipment applications, including walk-behind lawn mowers, riding lawn mowers, garden tillers, and snow throwers, as well as products for industrial, construction, agricultural, and other consumer applications that include portable and standby generators, pumps, and pressure washers. This segment also manufactures and sells replacement engines and service parts to sales and service distributors. The Products segment offers portable and standby generators, pressure washers, snow throwers, and lawn and garden powered equipment. This segment sells its products through various channels of retail distribution, including consumer home centers, warehouse clubs, mass merchants, and independent dealers under its brands, which include Briggs & Stratton, Snapper, Simplicity, Ferris, Snapper Pro, Murray, Branco, and Victa, as well as other brands, such as Craftsman, GE, and Troy-Bilt. The company serves original equipment manufacturers worldwide. Briggs & Stratton Corporation was founded in 1908 and is headquartered in Wauwatosa, Wisconsin.

5,695 Employees
Last Reported Date: 08/26/14
Founded in 1908

briggs & stratton (BS7) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $873.3K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $425.0K
Senior Vice President and President of Engine...
Total Annual Compensation: $358.7K
Senior Vice President and Managing Director o...
Total Annual Compensation: $360.2K
Compensation as of Fiscal Year 2014.

briggs & stratton (BS7) Key Developments

Briggs & Stratton Corporation Appoints Mark A. Schwertfeger as Principal Accounting Officer

On November 10, 2014, Mark A. Schwertfeger was appointed as principal accounting officer of Briggs & Stratton Corporation. Mr. Schwertfeger assumed the position of the company's principal accounting officer from David J. Rodgers, Senior Vice President & Chief Financial Officer, and he will continue to report to Mr. Rodgers. Mr. Schwertfeger, age 37, was elected as a Vice President of the Company effective September 2014 and has served as Controller since 2010. He previously served as International Controller of the Company since 2008. Prior to joining the company, he held the position of director at KPMG LLP.

Briggs & Stratton Announces New Symphony(R) II Power Management System for its Line of Residential Standby Generators

Briggs & Stratton announced the new Symphony(R) II power management system for its line of residential standby generators. The technology is designed to provide families with the most affordable and customizable solution to keep a home's lights and appliances on during a power outage. The Symphony II system lets homeowners prioritize what in their home they need powered, by pro-actively monitoring and managing the home's backup power needs. It uses computer technology and remote power generator modules that are installed directly to a home's existing wiring. After a home seamlessly transitions from utility power to backup power, Symphony II automatically manages the distribution of power to the electrical loads -- including up to eight high-wattage items like air conditioning units, electric stoves and electric dryers -- to provide power where it's needed while preventing a generator overload. And because the Symphony II power management system communicates with the electrical circuits over the home's existing wiring, the cost of generator installation is further reduced. The Symphony II power management system is packaged with the Briggs & Stratton 100-amp or 200-amp automatic transfer switch, as well as its dual 200-amp/400-amp automatic transfer switch. Symphony II is available with the following Briggs & Stratton products: 10 kW(1), 12 kW(1), 16 kW(1), 20 kW(1), 25 kW(1), 35 kW(1), 48 kW(1) and 60 kW(1) standby generators.

Briggs & Stratton Corporation Begins Implementation of the Restructuring Actions

Briggs & Stratton Corporation began implementing the restructuring actions to narrow its assortment of lower-priced Snapper consumer lawn and garden equipment and consolidate its Products segment manufacturing facilities in order to reduce costs. The company will close its McDonough, Georgia plant in the second half of fiscal 2015 and consolidate production into existing facilities in Wisconsin and New York.


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