| Business Summary | | Smurfit-Stone
Container
Corporation
is
an
integrated
manufacturer
of
paper
and
paper-based
packaging,
including
containerboard,
corrugated
containers,
multi-wall
bags
and
clay-coated
recycled
boxboard,
and
is
also
a
paper
recycler.
In
addition,
the
Company
is
a
producer
of
solid
bleached
sulfate,
folding
cartons,
paper
tubes
and
cores,
and
labels.
The
Company
conducts
its
business
operations
through
two
wholly
owned
subsidiaries,
JSCE,
Inc.
and
Stone
Container
Corporation.
JSCE
conducts
all
of
its
business
operations
through
its
wholly
owned
subsidiary,
Jefferson
Smurfit
Corporation
(United
States). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SSCC
operates
in
two
major
business
segments:
containerboard
and
corrugated
containers;
and
consumer
packaging.
For
the
six
months
ended
6/30/01,
net
sales
rose
2%
to
$4.30
billion.
Net
income
applicable
to
Common
from
continuing
operations
before
extraordinary
item
fell
58%
to
$30
million.
Revenues
reflect
the
acquisition
of
St.
Laurent
Paperboard,
Inc.
Net
income
was
offset
by
higher
cost
of
goods
sold
as
a
percentage
of
revenues
due
to
higher
energy
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Michael Smurfit, 65 Chairman | $1.9M | Ray Curran, 55 Pres
and CEO | 2.6M | Patrick Moore, 47 CFO,
VP | 1.5M | Charles Hinrichs, 47 VP
and Treasurer | -- | Paul Kaufmann, 47 VP
and Corp. Controller | -- | 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
|
|