| Business Summary | | Artesyn
Technologies,
Inc.
primarily
is
engaged
in
the
design,
development,
manufacture,
sale
and
service
of
electronic
products,
power
supplies,
power
conversion
products,
and
power
subsystems
for
producers
of
electronic
equipment
in
the
computing
and
communications
industry.
Artesyn's
customers
include
worldwide
market
leaders
in
each
of
its
chosen
market
sectors
such
as
Alcatel,
Cisco
Systems,
Compaq,
Dell
Computer,
Ericsson,
Hewlett-Packard,
Lucent
Technologies,
Nortel,
Siemens,
Motorola,
Ciena,
and
Sun
Microsystems.
Artesyn
is
also
a
leading
supplier
of
power
supplies
to
many
other
companies
in
the
computing
and
communications
industry
and
maintains
a
worldwide
network
of
well
regarded
distributors
including
Arrow,
Avnet,
EBV/Unique,
and
Sager
Electronics. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Artesyn
is
engaged
in
the
design,
manufacture,
sale,
and
service
of
electronic
products
and
subsystems
for
producers
of
electronic
equipment
in
the
computing
and
communications
industries.
For
the
26
weeks
ended
6/29/01,
sales
fell
14%
to
$278.0
million.
Net
loss
totaled
$26.6
million,
vs.
an
income
of
$21.2
million.
Results
reflect
decreased
end-user
demand,
high
inventory
levels,
a
$10.0
million
charge
for
excess
inventory
and
obsolescence
reserve,
and
an
$8.2
million
restructuring
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Joseph O' Donnell, 54 Co-Chairman,
Pres, CEO, Director | $1.3M | $1.5M | Ronald Schmidt, 64 Co-Chairman | -- | -- | Richard Thompson, 51 VP-Fin.,
CFO, Sec. | 386K | 2.2M | Richard Gerrity, 45 Treasurer | -- | -- | Richard Leland Director
of Investor Relations | -- | -- | Dollar
amounts are as of 29-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
|
|