| Business Summary | | CTS
Corporation
is
a
global
electronic
components
and
electronic
assemblies
manufacturer.
The
company
designs,
manufactures,
assembles
and
sells
a
broad
line
of
electronic
components
and
custom
electronic
assemblies,
primarily
for
the
communications,
computer
and
automotive
markets.
CTS
operates
19
manufacturing
facilities
located
throughout
North
America,
Asia
and
Europe.
CTS'
product
lines
serve
major
markets
globally,
including
the
needs
of
original
equipment
manufacturers,
by
utilizing
CTS
sales
engineers,
manufacturers'
representatives
and
independent
distributors. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CTS
Corp.
designs,
manufactures
and
sells
electronic
components
and
electronic
component
assemblies
used
in
the
communications,
automotive
and
computer
industries.
For
the
six
months
ended
7/1/01,
net
sales
fell
22%
to
$320.7
million.
Net
loss
from
continuing
operations
totaled
$15.5
million
vs.
an
income
of
$40.2
million.
Revenues
reflect
lower
electronic
components
sales
due
to
softness
in
demand
for
wireless
and
other
components.
Loss
also
reflects
$14
million
in
special
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Joseph Walker, 62 Chairman,
CEO | $1.0M | $14.4M | Donald Schwanz, 56 Pres,
COO, Director | -- | -- | Vinod Khilnani CFO,
Sr. VP | -- | -- | Donald Schroeder, 52 Exec.
VP, CTO | 370K | 1.4M | Jeannine Davis, 52 Exec.
VP, Admin., Sec., Director | 482K | 4.4M | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|