| Business Summary | | Stoneridge,
Inc.
is
a
designer
and
manufacturer
of
highly
engineered
electrical
and
electronic
components,
modules
and
systems
for
the
automotive,
medium
and
heavy-duty
truck
and
agricultural
vehicle
markets.
The
Company's
products
interface
with
a
vehicle's
mechanical
and
electrical
systems
to
activate
equipment
and
accessories,
display
and
monitor
vehicle
performance
and
control
and
distribute
electrical
power
and
signals.
In
the
automotive
market,
the
Company
designs
and
manufactures
specially
designed
and
engineered
electrical
and
electronic
components
and
modules,
typically
on
a
sole-source
basis.
The
Company
supplies
numerous
different
parts
to
each
of
its
principal
customers.
The
contracts
the
Company
has
entered
into
with
many
of
its
customers
provide
for
supplying
the
customers'
requirements
for
a
particular
model,
rather
than
for
manufacturing
a
specific
quantity
of
products.
Such
contracts
range
from
one
year
to
the
life
of
the
model
(generally
three
to
seven
years). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SRI
is
a
designer
and
manufacturer
of
highly
engineered
electrical
and
electronic
components,
modules
and
systems
for
the
automotive,
medium
and
heavy
duty
truck
and
agricultural
vehicle
markets.
For
the
six
months
ended
6/30/01,
net
sales
fell
16%
to
$308.1
million.
Net
income
fell
81%
to
$4.6
million.
Net
sales
reflect
a
decrease
in
existing
core
product
sales.
Net
income
also
reflects
increased
cost
of
goods
sold
as
a
percentage
of
revenues
due
to
operational
inefficiencies. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| D. Draime, 67 Chairman,
Assistant Sec., Director | $302K | Cloyd Abruzzo, 50 Pres,
CEO, Assistant Treasurer, Director | 775K | Kevin Bagby, 49 CFO,
VP, Treasurer | 330K | Thomas Beaver, 47 VP
of Sales and Marketing | 240K | Michael Bagby, 58 VP
and Gen. Mang. of Alphabet Group | -- | 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
|
|