| Business Summary | | CHS
Electronics
is
an
international
distributor
of
microcomputer
products
including
personal
computers,
peripherals,
networking
products,
and
software.
The
Company
operates
in
46
countries
primarily
in
Western
Europe,
Eastern
Europe
and
Latin
America,
and
services
an
active
customer
base
of
more
than
150,000
resellers.
The
Company
has
no
significant
sales
in
the
United
States.
The
Company's
sales
consist
of
hardware
and
software
products
such
as
local
area
networks,
disk
drives,
personal
computers
and
printers.
On
April
4,
2000,
the
Company
filed
a
voluntary
petition
under
Chapter
11
of
the
United
States
Bankruptcy
Code
in
the
United
States
Bankruptcy
Court
for
the
Southern
District
of
Florida.
On
July
26,
2000,
the
United
States
Bankruptcy
Court
for
the
Southern
District
of
Florida
entered
an
order
confirming
the
Fourth
Amended
Liquidating
Plan
of
Reorganization
for
CHS
Electronics.
The
Plan
provides
for
the
liquidation
and
the
distribution
of
the
Company's
assets
to
its
creditors. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CHS
Electronics
is
an
international
distributor
of
microcomputer
products,
including
computers,
peripherals,
networking
products
and
software.
In
April
2000,
the
Company
filed
a
voluntary
petition
under
Chapter
11
of
the
U.S.
Bankruptcy
Code.
For
the
nine
months
ended
9/99,
revenues
rose
21%
to
$6.88
billion.
Net
loss
totalled
$314.2
million
vs.
an
income
of
$32.7
million.
Results
reflect
acquisitions,
offset
by
$184.4
million
charges
for
goodwill
write-offs
and
restructuring
costs. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1998 Pay | |
| Claudio Osorio, 40 Chairman,
CEO and Pres | $763K | Burt Emmer Interim CFO | -- | Mark Keough, 44 COO | -- | Carsten Frank, 35 Exec.
VP--Logistics | 500K | Clifford Dyer, 60 Exec.
VP - Latin America Region | 300K | Dollar amounts are as of 31-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
|
|