| Business Summary | | Libbey,
Inc.
is
a
supplier
of
tableware
products
in
the
United
States
and
Canada.
The
products
are
also
exported
to
more
than
80
countries.
Libbey
designs
and
markets,
under
the
Libbey
brand
name,
an
extensive
line
of
glass
tableware,
ceramic
dinnerware
and
metal
flatware.
Libbey
also
manufactures
and
markets
ceramic
dinnerware
under
the
Syracuse
China
brand
name
through
its
subsidiary,
Syracuse
China.
Through
its
World
Tableware
subsidiary,
Libbey
also
imports
and
sells
flatware,
holloware
and
ceramic
dinnerware.
Through
its
joint
venture,
Vitrocrisa,
the
Company
has
established
reciprocal
distribution
agreements
giving
Libbey
exclusive
distribution
rights
for
Vitrocrisa's
glass
tableware
products
in
the
United
States
and
Canada,
and
Vitrocrisa
the
exclusive
distribution
rights
for
Libbey's
glass
tableware
products
in
Latin
America. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | LBY
designs,
manufactures,
and
markets
an
extensive
line
of
glass
tableware,
metal
flatware
and
ceramic
dinnerware
to
customers
in
the
foodservice,
retail,
industrial,
and
premium
markets.
For
the
six
months
ended
6/30/01,
revenues
fell
5%
to
$203.5
million.
Net
income
decreased
12%
to
$18.4
million.
Revenues
reflect
lower
sales
to
industrial
and
retail
customers.
Earnings
also
reflect
increased
energy
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Meier, 53 Chairman,
CEO | $837K | Richard Reynolds, 54 Exec.
VP, COO, Director | 536K | Kenneth Wilkes, 43 VP,
CFO | 326K | John Zarb, 49 VP,
CIO | -- | Kenneth Boerger, 43 VP,
Treasurer | -- | 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
|
|