| Business Summary | | Steelcase
Inc.
is
a
designer
and
manufacturer
of
products
used
to
create
high-performance
work
environments.
Steelcase
helps
individuals,
and
the
organizations
that
employ
them,
around
the
world
to
work
more
effectively.
The
Company
has
led
the
office
furniture
industry
in
sales
every
year
since
1974.
Its
product
portfolio
includes
furniture
systems,
seating,
storage,
desks,
casegoods,
interior
architectural
products,
technology
products
and
related
products
and
services.
The
Company
operates
through
two
geographic
furniture
segments:
North
America
and
International;
and
a
Financial
Services
business
segment. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Steelcase
is
a
designer
and
manufacturer
of
products
used
to
create
high-performance
work
environments.
The
Co.'s
portfolio
includes
office
furniture,
office
furniture
systems,
technology
products
and
related
products
and
services.
For
the
three
months
ended
5/25/01,
net
sales
fell
9%
to
$868.3
million.
Net
income
fell
62%
to
$23.9
million.
Revenues
reflect
lower
demand
for
products.
Net
income
also
reflects
a
lower
gross
margin
due
to
a
shift
in
product
mix. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Earl Holton, 67 Chairman | -- | James Hackett, 46 Pres
and CEO | $2.9M | Robert Black, 42 Pres,
International | 901K | James Keane, 41 Sr.
VP-Fin. & Corp. Strategy, CFO | -- | Jon Botsford, 46 Sr.
VP, Sec., CLO | -- | Dollar amounts are as of 23-Feb-2001 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
|
|