| Business Summary | | Black
&
Decker
Corp.
is
a
global
manufacturer
and
marketer
of
power
tools
and
accessories,
hardware
and
home
improvement
products
and
technology-based
fastening
systems.
The
Company
operates
in
three
business
segments:
Power
Tools
and
Accessories,
including
consumer
and
professional
power
tools
and
accessories,
electric
lawn
and
garden
tools,
electric
cleaning
and
lighting
products
and
product
service;
Hardware
and
Home
Improvement,
including
security
hardware
and
plumbing
products;
and
Fastening
and
Assembly
Systems.
Black
&
Decker
markets
products
and
services
marketed
in
over
100
countries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BDK
manufactures,
markets
and
services
power
tools
and
accessories,
residential
security
hardware,
household
appliances
and
metal
and
plastic
fasteners/fastening
systems
for
commercial
applications.
For
the
six
months
ended
7/1/01,
revenues
decreased
5%
to
$2.05
billion.
Net
income
fell
48%
to
$74.8
million.
Revenues
reflect
weak
retail
activity
and
inventory
reductions
by
some
customers.
Net
income
also
reflects
the
absence
of
a
$20.1
million
gain
on
the
sale
of
business. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Nolan Archibald, 57 Chairman,
Pres, and CEO | $3.8M | Michael Mangan, 44 CFO,
Sr. VP | 815K | Paul Gustafson, 58 Exec.
VP/Pres-Fastening & Assemble Systems Group | 953K | Paul McBride, 44 Exec.
VP and Pres - Power Tools and Accessories Group | 1.5M | Barbara Lucas, 55 Sr.
VP-Public Affairs & Corp. Sec. | -- | 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
|
|