| Business Summary | | Ferro
Corporation
is
a
worldwide
producer
of
performance
materials
for
manufacturers.
The
Company's
portfolio
of
products
includes
coatings
for
ceramics
and
metal,
electronic
materials,
pigments,
fine
chemicals
and
polymer
additives,
specialty
plastic
compounds
and
colors.
The
Company's
materials
are
used
in
a
wide
variety
of
markets.
These
include
building
and
renovation,
major
appliances,
household
furnishings,
transportation
and
industrial
products.
Ferro's
products
are
sold
principally
in
the
United
States
and
Europe,
however,
operations
extend
to
the
Latin
America
and
Asia-Pacific
regions. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FOE
is
a
producer
of
specialty
materials
for
industry
by
organic
and
inorganic
chemistry.
FOE's
products
consist
of
coatings,
colors,
ceramics,
plastics
and
chemicals.
Net
sales
for
the
six
months
ended
6/30/01
remained
flat
at
$725.9
million.
Net
income
applicable
to
Common
decreased
47%
to
$19.4
million.
Results
reflect
a
lower
gross
margin
as
a
percentage
of
sales
due
to
sales
declines,
reduced
capacity
utilization
and
higher
energy
and
severance
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Hector Ortino, 58 Chairman,
Pres, CEO | $1.4M | $109K | Bret Wise, 40 Sr.
VP, CFO | 471K | -- | R. Jay Finch, 59 Sr.
VP- Specialty Plastics | -- | -- | J. Larry Jameson, 63 Sr.
VP- Industrial Coatings | 370K | -- | Kent Lee, Jr., 59 Sr.
VP- Specialty Chemicals | 547K | -- | 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
|
|