| Business Summary | | A.
O.
Smith
Corporation
serves
customers
worldwide
through
two
segments,
Electric
Motor
Technologies
and
Water
Systems
Technologies.
The
Company's
Electric
Motors
business
manufactures
fractional
horsepower,
integral
horsepower
Alternating
Current
(A/C)
and
Direct
Current
(D/C),
and
hermetic
electric
motors.
The
Water
Systems
business
is
a
manufacturer
of
residential
and
commercial
gas
and
electric
water
heating
equipment
and
copper
tube
boilers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AOS
is
a
diversified
manufacturer
whose
major
product
lines
include:
fractional
horsepower,
hermetic
and
subfractional
horsepower
electric
motors,
and
residential
andcommercial
water
heaters.
For
the
six
months
ended
6/30/01,
revenues
fell
9%
to
$626.5
million.
Net
income
from
continuing
operations
fell
39%
to
$19.2
million.
Revenues
reflect
reduced
industrial
demand
and
inventory
adjustments
by
retailers.
Net
income
also
reflects
competitive
pressures
and
Mexican
labor
inflation. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Robert O'Toole, 59 Chairman
of Directors, Pres and CEO | $2.0M | $2.5M | Kenneth Krueger, 44 CFO,
Sr. VP | -- | -- | Glen Bomberger, 62 Exec.
VP, Director | 857K | 1.2M | John Bertrand, 61 Sr.
VP and Pres - A. O. Smith Electrical Products Company | 581K | 483K | Ronald Massa, 50 Sr.
VP and Pres of A. O. Smith Water Products Company | 551K | -- | Dollar amounts are as of 31-Dec-1999 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
|
|