| Business Summary | | Crown
Vantage
Inc.
is
a
major
producer
of
value-added
paper
products
for
many
different
end
uses.
The
Company
operates
in
two
segments,
printing
and
publishing
papers
and
specialty
papers.
Special
interest
magazines,
books
and
corporate
communications
such
as
annual
reports,
stationery
and
promotions
use
Crown
Vantage
printing
and
publishing
papers.
Specialty
papers
production
supplies
both
coated
and
uncoated
papers
principally
for
food
and
retail
packaging
applications
and
conversion
into
such
items
as
coffee
filters,
cups,
plates,
disposable
medical
gowns
and
file
folders. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CVANQ
is
a
major
producer
of
value-added
paper
products
which
operates
in
two
business
sectors,
printing
and
publishing
papers
and
specialty
papers.
For
the
39
weeks
ended
9/24/00,
net
sales
decreased
19%
to
$466.3
million.
Net
loss
totalled
$165.6
million,
up
from
$72.5
million.
Revenues
reflect
a
decrease
in
tons
sold
in
the
Specialty
Papers
segment.
Higher
loss
reflects
the
inclusion
$55.9
million
in
asset
impairment
expenses
and
$12.5
million
in
reorganization
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1998 Pay | |
| Robert Olah, 50 Pres,
CEO | $309K | J.P. AuWerter Interim
CFO | -- | Evan Davis, 61 Sr.
VP, Gen. Counsel, Sec. | -- | Edward Fusakio, 58 Sr.
VP- Specialty Papers | -- | Charles Whitaker, 42 Sr.
VP, Printing and Publishing Papers | -- | Dollar amounts are as of 27-Dec-1998 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
|
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