| Business Summary | | Standard
Commercial
Corporation
is
principally
engaged
in
two
international
businesses,
tobacco
and
wool.
Standard
is
one
of
the
three
global
independent
leaf
tobacco
merchants
serving
the
large
multinational
cigarette
manufacturers.
The
Company
has
a
market
presence
in
a
number
of
the
emerging
and
low-cost
flue-cured
and
burley
tobacco
growing
regions,
including
China,
India,
Malawi
and
Kenya.
The
Company
purchases,
processes,
stores,
sells
and
ships
tobacco
grown
in
over
30
countries,
servicing
cigarette
manufacturers
from
20
processing
facilities
strategically
located
throughout
the
world.
The
Company
is
also
engaged
in
purchasing,
processing
and
selling
various
types
of
wool. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Standard
Commercial
Corp.
is
engaged
in
two
int'l
businesses:
purchasing,
processing,
storing
and
selling
leaf
tobacco
and
various
types
of
wool.
For
the
three
months
ended
6/30/01,
revenues
rose
11%
to
$221.2
million.
Net
income
totaled
$3.7
million,
up
from
$1.7
million.
Revenues
benefited
from
increased
tobacco
sales
due
to
improved
Brazilian
leaf
volumes
and
increased
shipments
from
Africa
and
the
Far
East.
Earnings
also
reflect
an
improved
operating
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY2001
Compensation | | Pay | Exer | |
| J. Alec Murray, 64 Chairman | -- | -- | Robert Harrison, 47 Pres,
CEO, Director | $713K | -- | Alfred Rehm, Jr., 52 Pres
- Tobacco Division | 331K | $15K | Paul Bicque, 57 Managing
Director - Wool Division | 323K | -- | Robert Sheets, 46 VP,
CFO | -- | -- | Dollar
amounts are as of 31-Mar-2001 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
|
|