| Business Summary | | Pactiv
Corporation
is
a
global
supplier
of
specialty
packaging
and
consumer
products.
The
Company
has
two
key
operating
segments,
Consumer
and
Foodservice/Food
Packaging,
and
Protective
and
Flexible
Packaging.
The
Company's
consumer
products
include
plastic-,
aluminum-
and
paper-based
products.
The
Company's
foodservice/food
packaging
products
include
foam,
clear
plastic,
aluminum,
pressed-paperboard
and
molded-fiber
packaging
for
customers
in
the
food
distribution
channel,
including
wholesalers
and
supermarkets,
as
well
as
customers
known
as
packer
processors.
Pactiv's
protective
packaging
products
are
used
to
protect
and
cushion
various
commercial
and
industrial
products
from
the
point
of
manufacture
to
the
point
of
delivery
or
pick-up,
principally
serving
the
electronics,
automotive,
furniture
and
e-commerce
markets.
The
Company's
flexible
packaging
products
are
used
mainly
in
food,
medical,
pharmaceutical,
chemical
and
hygienic
applications,
and
often
involve
custom
design. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Pactiv
Corporation
is
a
global
supplier
of
specialty
packaging
and
consumer
products,
including
plastic
storage
bags,
molded
fiber
cartons
and
tableware,
aluminum
cookware,
and
protective
packaging.
For
the
six
months
ended
6/30/01,
total
revenues
fell
8%
to
$1.44
billion.
Net
income
from
continuing
operations
rose
9%
to
$74
million.
Results
reflect
unfavorable
currency
effects
and
business
divestitures,
offset
by
higher
operating
margins
due
to
favorable
pricing. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Richard Wambold, 49 Chairman,
CEO, Pres | $1.5M | Andrew Campbell, 55 Sr.
VP, CFO | 711K | Peter Lazaredes, 50 Sr.
VP and Gen. Mang. of Foodservice, Supermarket, Instituational Packaging | 608K | James Morris, 47 Sr.
VP and Gen. Mang., Protective and Flexible Packaging | 600K | John Schwab, 51 Sr.
VP and Gen. Mang. of Hefty Consumer Products | -- | 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
|
|