| Business Summary | | Iomega
Corporation
designs,
manufactures
and
markets
personal
and
professional
data
management
solutions,
based
on
removable-media
technology,
for
users
of
personal
computers
and
consumer
digital
electronics
devices.
The
Company's
principal
data
management
solutions
include
magnetic
drives
and
disks
marketed
under
the
trademarks
Zip,
Jaz,
and
PocketZip,
as
well
as
CD-RW
drives
marketed
under
the
Iomega
CD-RW
and
Predator
trademarks.
The
Company
has
five
business
segments
based
primarily
on
the
nature
of
the
Company's
customers
and
products:
Zip,
Jaz,
Iomega
CD-RW,
PocketZip
and
Other. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Iomega
Corporation
designs,
manufactures
and
markets
innovative
storage
solutions,
based
on
removable-media
technology
for
personal
computer
and
electronics
device
users.
For
the
six
months
ended
7/1/01,
sales
fell
29%
to
$462.2
million.
Net
loss
totalled
$26
million
vs.
an
income
of
$92.2
million.
Revenues
reflect
a
reduction
in
Zip(R)
and
Jazz(R)
drive
and
disk
sales.
Net
loss
reflects
$46
million
in
non-restructuring
charges
reflecting
inventory
and
equipment
writedowns. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| David Dunn, 70 Chairman | $283K | Werner Heid, 42 Pres,
CEO, Director | -- | Philip Husby, 54 CFO,
Sr. VP-Fin. | 473K | Herbert Scales III, 46 Sr.
VP of Sales | 422K | Charlotte Miller, 44 Sr.
VP of HR | -- | 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
|
|