| Business Summary | | UST
Inc.,
through
its
subsidiaries,
operates
predominantly
in
the
tobacco
industry
as
a
manufacturer
and
marketer
of
moist
smokeless
tobacco
products,
and
also
produces
and
markets
premium
wines.
Tobacco
segment
sales
are
made
principally
to
a
large
number
of
wholesalers
and
chain
stores
throughout
the
United
States.
The
Company's
wines
are
produced
in
the
state
of
Washington
and
marketed
throughout
the
United
States.
It
also
produces
and
markets
two
California
premium
wines.
The
Company's
international
operation
markets
moist
smokeless
tobacco
in
select
markets,
and
the
cigar
operation
manufactures
and
markets
the
premium
cigar
brands
Don
Tomas,
Astral
and
Habano
Primero. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | UST
Inc.,
through
its
subsidiaries,
manufactures
and
sells
smokeless
tobacco
products
(snuff
and
chewing
tobacco),
wines
and
craft
beers,
and
premium
cigars.
For
the
six
months
ended
6/30/01,
net
sales
rose
6%
to
$805.2
million.
Net
income
rose
7%
to
$229.7
million.
Revenues
benefited
from
increased
demand
for
smokeless
tobacco
and
Columbia
Crest
and
Chateau
Ste.
Michelle
wines.
Earnings
also
reflect
improved
margins
due
to
increased
premium
brand
sales
and
reduced
promotions. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Vincent Gierer, Jr., 53 Chairman,
CEO, Pres | $2.6M | $347K | Theodor Baseler, 46 Pres,
International Wine and Spirits Ltd. | -- | -- | Murray Kessler, 41 Pres,
United States Tobacco Co. Unit. | 1.3M | -- | Richard Verheij, 42 Exec.
VP, Gen. Counsel | 1.4M | -- | Robert D'Alessandro, 47 Sr.
VP and CFO | 1.1M | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|