| Business Summary | | Fedders
Corporation
is
a
global
manufacturer
of
air
treatment
products,
including
air
conditioners,
air
cleaners,
dehumidifiers,
humidifiers
and
thermal
technology
products.
The
Company's
products
are
marketed
globally,
primarily
by
the
Company's
sales
force,
under
the
Fedders,
Emerson
Quiet
Kool,
Sun,
Airtemp,
Trion,
Koppel,
Envirco
and
Herrmidifier
brands,
as
well
as
under
private
label.
In
2001,
air
conditioners
will
also
be
marketed
under
the
Maytag
brand. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Fedders
Corporation
is
a
holding
company
which
manufactures
and
sells
a
full
line
of
room
air
conditioners
and
dehumidifiers,
principally
for
use
in
U.S.
residential
markets.
For
the
nine
months
ended
5/31/01,
net
sales
fell
less
than
1%
to
$310
million.
Net
loss
totaled
$862
thousand
vs.
an
income
of
$16.1
million.
Revenues
reflect
acquisitions,
offset
by
lower
room
air
conditioner
sales.
Loss
also
reflects
lower
operating
margins
due
to
reduced
volumes. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Salvatore Giordano, 90 Chairman | $1.2M | -- | Michael Etter, 45 Pres,
COO | 360K | -- | Sal Giordano, Jr., 62 Vice
Chairman, CEO | 1.8M | $128K | Michael Giordano, 36 Exec.
VP of Fin. and Admin., CFO | -- | -- | Kent Hansen, 53 Exec.
VP, Sec. | 324K | -- | Dollar amounts are as of 31-Aug-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|