| Business Summary | | Maytag
Corporation
is
a
producer
of
home
and
commercial
appliances.
The
Company's
products
are
sold
to
customers
throughout
North
America
and
in
international
markets.
Maytag
is
an
appliance
company
in
the
North
American
market
and
offers
consumers
a
full
line
of
washers,
dryers,
dishwashers,
refrigerators
and
ranges
distributed
through
large
and
small
retailers
across
the
United
States
and
Canada.
Maytag
also
offers
floor
care
products,
and
has
a
presence
in
the
commercial
laundry
market.
In
commercial
cooking
appliances,
Maytag
owns
Blodgett,
which
is
engaged
in
commercial
appliances.
Maytag
also
owns
Dixie-Narco,
which
is
engaged
in
the
vending
machine
industry.
The
Company
is
the
majority
owner
in
a
joint
venture
in
China,
Rongshida-Maytag
that
produces
washing
machines
and
refrigerators
primarily
for
the
Chinese
market. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Maytag
manufactures,
distributes
and
services
a
broad
line
of
home
appliances.
Maytag
also
manufactures
bottle
and
can
vending
equipment
and
glass
front
merchandisers.
Sales
for
the
six
months
ended
6/30/01
decreased
2%
to
$2.15
billion.
Net
income
before
accounting
change
fell
33%
to
$101.8
million.
Revenues
reflect
a
decrease
in
the
commercial
appliances
segment
due
to
a
softening
of
industry
demand
for
vending
equipment.
Net
income
also
reflects
higher
S/G/A
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ralph Hake Chairman,
CEO | -- | Leonard Hadley, 66 Interim
Pres | $712K | Steven Wood, 43 CFO,
Exec. VP | -- | Roger Scholten, 46 Sr.
VP, Gen. Counsel | -- | Jon Nicholas, 61 Sr.
VP of HR | -- | 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
|
|