| Business Summary | | Seminis,
Inc.
is
a
developer,
producer
and
marketer
of
vegetable
and
fruit
seeds.
Seminis
uses
seeds
as
the
delivery
vehicle
for
its
agricultural
technology.
Seminis
develops
seeds
designed
to
reduce
the
need
for
chemicals,
increase
crop
yield,
reduce
spoilage,
offer
longer
shelf
life
and
create
tastier
foods
with
better
nutrition.
Seminis
focuses
its
research
and
development
activities
on
products
that
are
likely
to
have
practical
market
uses,
create
significant
market
value,
command
premium
pricing
and
capture
leading
local
market
share. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Seminis
develops,
produces
and
markets
vegetable
and
fruit
seeds
designed
to
reduce
the
need
for
chemicals
and
spoliage,
increase
crop
yield,
offer
longer
shelf
life
and
create
tastier
foods
with
better
nutritional
content.
For
the
nine
months
ended
6/29/01,
revenues
fell
11%
to
$339.2
million.
Net
loss
applicable
to
Common
totaled
$90.1
million,
up
from
$24.6
million.
Results
reflect
the
change
in
company
strategy
to
reducing
costs
and
higher
inventory
write-off
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Alfonso Garza, 50 Chairman,
CEO | $691K | Eugenio Solorzano, 52 Pres,
COO, Director | -- | Charles Green, Ph.D., 57 Sr.
VP of R&D | 349K | Henk Van Wielink, 49 Sr.
VP and Gen. Mang., Operations | -- | Oscar Velasco, 46 Sr.
VP -- Strategic Services | -- | Dollar amounts are as of 30-Sep-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
|
|