| Business Summary | | Converse
Corp.,
founded
in
1908,
is
a
global
designer,
manufacturer
and
marketer
of
athletic
footwear
for
men,
women
and
children
and
a
global
licensor
of
sports
apparel,
accessories
and
selected
footwear.
The
Company
began
establishing
its
authentic
footwear
heritage
with
the
introduction
of
its
original
canvas
Chuck
Taylor
basketball
shoe
in
1923.
On
January
22,
2001,
the
Company
voluntarily
filed
a
petition
to
reorganize
as
a
debtor
in
possession
under
Chapter
11
of
Title
11
of
the
United
States
Bankruptcy
Code
in
the
United
States
District
Court
for
the
District
of
Delaware. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CVEO
designs,
manufactures
and
markets
a
broad
line
of
athletic
and
leisure
footwear;
licenses
sports
apparel,
equipment,
accessories
and
footwear;
and
operates
28
retail
stores.
For
the
fiscal
year
ended
12/30/00,
revenues
fell
11%
to
$209.1
million.
Net
loss
fell
37%
to
$27.4
million.
Revenues
reflect
sales
decreases
in
performance,
athletic
originals,
children's,
and
action
sports
categories.
Lower
loss
reflects
a
$14.9
million
gain
on
sale
of
the
headquarters
building. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Glenn Rupp, 56 Chairman,
CEO | $503K | James Lawlor, 47 CFO,
Sr. VP | 199K | Herbert Rothstein, 59 Exec.
VP, Operations | 213K | Alistair Thorburn, 43 Exec.
VP | 346K | Jack Green, 55 Sr.
VP- Admin., Gen. Counsel, Sec. | 216K | Dollar amounts are as of 30-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
|
|