| Business Summary | | MagneTek,
Inc.
supplies
digital
power
products
used
in
information
technology
and
industrial/instrumentation
markets.
The
Company
is
an
acknowledged
innovator
in
mixed-signal
(analog-to-digital)
power
electronic
sub-system
design,
heat
reduction
technology
and
the
application
of
microprocessors
and
micro-controllers
in
digital
power
products.
The
products
usually
take
the
form
of
sub-systems.
They
are
sold
directly
or
through
agents
to
original
equipment
manufacturers
for
incorporation
into
their
products,
to
system
integrators
and
value-added
resellers
for
assembly
and
installation
in
telecommunications
and
other
end-user
systems,
and
to
distributors
for
resale
to
OEMs,
contractors
and
end
users
for
repair
and
replacement
purposes. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MagneTek,
Inc.
makes
electronic
and
electrical
power
products
used
in
data
processing
and
telecommunications,
building
and
factory
automation,
power
generation,
lighting
and
other
global
growth
markets.
For
the
nine
months
ended
3/01,
revenues
rose
8%
to
$232.7
million.
Net
income
from
continuing
operations
totalled
$6.4
million,
up
from
$2.2m.
Revenues
reflect
the
acquisition
of
J-Tec,
Inc.
Earnings
also
reflect
improved
product
mix. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
65,566;
after
tax
earnings
were
2,713. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Andrew Galef, 67 Chairman
of Directors, Pres and CEO | -- | Timothy Champion, 55 Exec.
VP of Marketing and Strategy | -- | Antonio Canova, 58 Exec.
VP | $315K | David Reiland, 46 Sr.
VP and CFO | 408K | Alexander Levran, Ph.D., 50 Sr.
VP - Technology | 406K | Dollar amounts are as of 2-July-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
|
|