| Business Summary | | Tanger
Factory
Outlet
Centers
Inc.
is
a
fully
integrated,
self-administered
and
self-managed
real
estate
investment
trust.
The
Company
focuses
exclusively
on
developing,
acquiring,
owning
and
operating
factory
outlet
centers.
As
of
March
1,
2001,
its
portfolio
consisted
of
29
centers
located
in
20
states.
As
of
March
1,
2001,
the
Company
had
a
diverse
tenant
base
comprised
of
over
250
different
upscale,
national
designer
or
brand
name
concepts,
such
as
Dana
Buchman,
Liz
Claiborne,
Reebok,
Rockport,
Coach,
Polo
Ralph
Lauren,
Polo
Jeans,
GAP
and
Banana
Republic. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Tanger
Factory
Outlet
Centers
is
a
real
estate
investment
trust
(REIT)
that
develops,
acquires,
owns
and
operates
factory
outlet
centers,
and
provides
services
for
its
centers.
As
of
3/01,
the
Company
owned
29
centers
in
20
states.
For
the
six
months
ended
6/30/01,
total
revenues
rose
2%
to
$54
million.
Net
income
before
extraordinary
item
applicable
to
Common
totaled
$1.4
million,
up
from
$239
thousand.
Results
reflect
property
expansions
and
the
absence
of
real
estate
losses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Stanley Tanger, 77 Chairman,
CEO | $684K | Steven Tanger, 52 Pres,
COO | 520K | Frank Marchisello, Jr., 42 CFO,
Sr. VP | 212K | Rochelle Simpson, 62 Exec.
VP - Admin. and Fin. and Sec. | 212K | Willard Chafin, Jr., 63 Exec.
VP, Leasing, Site Selection, Operations, and Marketing | 222K | Dollar
amounts are as of 31-Dec-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
|
|