| Business Summary | | American
Greetings
Corporation
and
its
subsidiaries
operate
predominantly
in
a
single
industry:
the
design,
manufacture
and
sale
of
everyday
and
seasonal
greeting
cards
and
other
social
expression
products.
AmericanGreetings.com
Inc.
(89%
owned)
markets
e-mail
greetings,
personalized
greeting
cards
and
other
social
expression
products
through
the
Company's
Websites,
www.americangreetings.com,
www.egreetings.com,
and
www.beatgreets.com,
as
well
as
co-branded
Websites
and
online
services.
AmericanGreetings.com
also
provides
design
and
verse
content,
which
is
included
in
various
CD-Rom
software
products
for
use
on
personal
computers.
AmericanGreetings.com
also
operates
eAgents,
an
electronic
newsletter
that
consolidates
and
delivers
personalized
content
from
top
Internet
sites
to
subscribers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AM
designs,
manufactures
and
sells
everyday
and
seasonal
greeting
cards
and
other
social
expression
products
including
gift
wrap
paper,
party
goods,
candles,
stationery
and
giftware.
For
the
three
months
ended
5/31/01,
revenues
fell
15%
to
$505.7
million.
Net
loss
before
accounting
change
totaled
$80.1
million
vs.
an
income
of
$38.5
million.
Results
reflect
the
effect
of
scan-based
trading
implementation,
lower
gross
margins
and
a
$52.9
million
non-recurring
administrative
cost. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Morry Weiss, 60 Chairman,
Pres, CEO, Chief Operating Officer | $1.8M | James Spira, 57 Vice
Chairman | -- | William Meyer, 53 Sr.
VP and CFO | 543K | Jon Groetzinger Jr., 51 Sr.
VP, Gen. Counsel and Sec. | 585K | Michael Birkholm, 48 Sr.
VP | -- | Dollar amounts are as of 29-Feb-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
|
|