| Business Summary | | Nortek
Incorporated
is
a
diversified
manufacturer
of
residential
and
commercial
building
products,
operating
within
three
principal
segments:
the
Residential
Building
Products
Segment,
the
Air
Conditioning
and
Heating
Products
Segment,
and
the
Windows,
Doors
and
Siding
Products
Segment.
Through
these
segments,
the
Company
manufactures
and
sells,
primarily
in
the
United
States,
Canada
and
Europe,
a
wide
variety
of
products
for
the
residential
and
commercial
construction,
manufactured
housing,
and
the
do-it-yourself
and
professional
remodeling
and
renovation
markets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Nortek
Inc.
is
a
manufacturer
of
residential
and
commercial
building
products,
operating
within
three
principal
segments:
the
Residential
Building
Product,
the
Air
Conditioning
and
Heating
Product,
and
the
Windows,
Doors
and
Siding
Segments.
For
the
six
months
ended
6/30/01,
revenues
decreased
2%
to
$1.07
billion.
Net
income
decreased
25%
to
$17.3
million.
Results
reflect
a
prolonged
peroid
of
cold
and
wet
weather,
and
increased
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Richard Bready, 56 Chairman,
Pres, CEO | $6.5M | -- | Richard Harris, 64 Sr.
VP, Admin. | 600K | -- | Almon Hall, 54 VP,
CAO, Controller | 777K | -- | Kevin Donnelly, 46 VP,
Sec., Gen. Counsel | 414K | $19K | Edward Cooney Treasurer | -- | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|