| Business Summary | | The
J.
M.
Smucker
Company
operates
in
one
industry,
the
manufacturing
and
marketing
of
food
products
on
a
worldwide
basis.
The
principal
products
of
the
Company
are
fruit
spreads,
dessert
toppings,
peanut
butter,
industrial
fruit
products,
fruit
and
vegetable
juices,
juice
beverages,
syrups,
condiments
and
gift
packages.
In
its
domestic
segment,
the
Company's
products
are
primarily
sold
through
brokers
to
chain,
wholesale,
cooperative,
independent
grocery
accounts
and
other
consumer
markets,
to
foodservice
distributors
and
chains
including
hotels,
restaurants
and
institutions,
and
to
other
food
manufacturers.
The
Company's
distribution
outside
the
United
States
is
principally
in
Canada,
Australia,
Mexico,
Latin
America,
the
Pacific
Rim
and
Greater
Europe,
although
products
are
exported
to
other
countries
as
well. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
J.M.
Smucker
Company
manufactures
and
markets
food
products
such
as
fruit
spreads,
dessert
toppings,
peanut
butter,
bakery
and
yogurt
fillings,
juices,
juice
beverages,
syrups,
gift
packages
and
condiments.
For
the
three
months
ended
7/31/01,
sales
rose
2%
to
$169.8
million.
Net
income
before
acct.
change
fell
12%
to
$8.4
million.
Results
reflect
growth
in
consumer
foodservice,
beverage
and
specialty
business
areas,
offset
by
higher
selling
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Timothy Smucker, 56 Chiarman
of the Board | $558K | $120.4K | Richard Smucker, 52 Pres | 549K | 105.8K | Steven Ellcessor, 48 VP
of Fin. and Admin., Sec., Gen. Counsel, Treasurer | 225K | 25.0K | Richard Troyak, 52 VP-Operations | -- | -- | Vincent Byrd, 45 VP
and Gen. Mang., Consumer Market | 225K | 5.1K | Dollar
amounts are as of 30-Apr-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|