| Business Summary | | Mead
Corporation
manufactures
and
sells
paper,
pulp,
paperboard,
lumber
and
other
wood
products.
Mead
also
manufactures
and
distributes
consumer
and
office
supplies,
including
time-management
products.
The
Company
classifies
its
businesses
into
three
industry
segments.
The
Paper
operations
manufacture
and
sell
printing,
writing,
carbonless
copy,
publishing
and
specialty
paper,
primarily
to
domestic
publishers,
printers
and
converters.
The
Packaging
and
Paperboard
operations
manufacture
and
sell
beverage
and
food
packaging
materials,
corrugated
shipping
containers
and
paperboard
to
those
markets
primarily
located
in
the
United
States,
with
other
operations
conducted
in
Europe,
Latin
America
and
Asia
Pacific.
The
Consumer
and
Office
Products
operations
are
conducted
predominantly
in
North
America
and
manufacture
and
distribute
school,
office
and
dated
material
products
to
retailers
and
commercial
distributors. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Mead
Corporation
manufactures
and
sells
paper,
pulp,
paperboard,
lumber
and
other
wood
products.
MEA
also
manufactures
and
distributes
school
and
office
supplies.
For
the
six
months
ended
7/1/01,
net
sales
fell
less
than
1%
to
$2.1
billion.
Net
loss
before
acct.
change
totalled
$5.6
million
vs.
an
income
of
$87.1
million.
Revenues
reflect
a
decline
in
prices
for
coated
paper
and
corrugating
medium.
Net
loss
reflects
higher
energy
costs
and
adverse
foreign
exchange
effects. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Jerome Tatar, 54 Chairman,
CEO and Pres | $2.2M | Raymond Lane, 52 Exec.
VP | 954K | Ian Millar, 50 Exec.
VP | -- | Peter Vogel, Jr., 47 VP
of Fin., Purchasing, and Logistics, Treasurer | -- | Timothy McLevish, 46 VP
and Chief Financial Offcer | 592K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|