Cfos of the Largest Public Companies

Total Page:16

File Type:pdf, Size:1020Kb

Cfos of the Largest Public Companies FOCUS: FINANCE CRAIN’S CHICAGO BUSINESS • FEBRUARY 4, 2008 29 CRAIN’S LIST CFOS OF THE LARGEST PUBLIC COMPANIES Ranked by 2006 revenue 2006 revenue (millions); Name Address % change from Undergraduate Graduate Company Phone/Web site Title(s) previous year Age alma mater alma mater JAMES A. BELL 100 N. Riverside Plaza, Chicago 60606 Executive vice-president of $61,530.0 59 California State Uni- NA 1 Boeing Co. (312) 544-2000; www.boeing.com finance, chief financial officer 14.7% versity at Los Angeles J. MILES REIDY 3333 Beverly Road, Hoffman Estates Executive vice-president, $53,012.0 45 Georgetown University Carnegie Mellon 2 Sears Holdings Corp. 60179; (847) 286-2500 chief financial officer 7.9% University www.searsholdings.com WILLIAM M. RUDOLPHSEN 200 Wilmot Road, Deerfield 60015 Senior vice-president, $47,409.0 52 Marquette University DePaul University 3 Walgreen Co. (847) 940-2500; www.walgreens.com chief financial officer 12.3% Linda THOMAS J. MEREDITH 1303 E. Algonquin Road, Schaumburg Executive vice-president, $42,879.0 57 St. Francis University Georgetown Univer- Imonti 4 Motorola Inc. 60196; (847) 576-5000 acting chief financial officer 21.6% sity; Duquesne Uni- ERIK UNGER www.motorola.com versity School of Law A brave new DAVID B. BURRITT 100 N.E. Adams St., Peoria 61629 Vice-president, $41,517.0 52 Bradley University University of Illinois 5 Caterpillar Inc. (309) 675-1000; www.cat.com chief financial officer 14.2% numbers world The chief financial officer’s role 6 DOUGLAS J. SCHMALZ 4666 E. Faries Pkwy., Decatur 62526 Senior vice-president, $36,596.1 61 University of NA is shifting as companies expand Archer Daniels Midland Co. (217) 424-5200; www.admworld.com chief financial officer 1.8% Minnesota globally and face more compli- ance regulations. Crain’s asked DAN L. HALE 2775 Sanders Road, Northbrook 60062 Vice-president, $35,796.0 63 Yale University NA Linda Imonti, the service line 7 Allstate Corp. (847) 402-5000; www.allstate.com chief financial officer 1.2% leader for KPMG LLP’s CFO Advisory Services group, what’s 8 TIMOTHY R. MCLEVISH 3 Lakes Drive, Northfield 60093 Executive vice-president, $34,356.0 52 University of Harvard Business keeping CFOs up at night. Kraft Foods Inc. (847) 646-2000; www.kraft.com chief financial officer 0.7% Minnesota School CRAIN’S: What questions are CFOs asking the advisory group? THOMAS C. FREYMAN 100 Abbott Park Road, North Chicago Executive vice-president $22,476.3 53 University of Illinois Northwestern Universi- 9 Abbott Laboratories 60064; (847) 937-6100 of finance, chief financial 0.6% at Urbana-Champaign ty’s Kellogg Graduate The most prominent area of fo- www.abbott.com officer School of Management cus has been around globaliza- tion and global financial report- MICHAEL J. MACK JR. 1 John Deere Place, Moline 61265 Senior vice-president, $21,754.8 51 Iowa State University University of Chicago ing. They ask how to accom- 10 Deere & Co. (309) 765-8000; www.deere.com chief financial officer 0.8% plish that, from the infrastruc- ture side to the process side to 2111 McDonald’s Drive, Oak Brook the people structure to the tech- MATTHEW H. PAULL Senior executive vice- $21,586.4 56 University of Illinois University of Illinois 60523; (630) 623-3000 nology. The second area of fo- 11 McDonald’s Corp. president, chief financial officer 8.8% at Urbana-Champaign at Urbana-Champaign www.mcdonalds.com cus has been data management. They’ve collected massive FREDERIC F. BRACE 77 W. Wacker Drive, Chicago 60601 Executive vice-president, $19,340.0 50 University of Michigan University of Chicago amounts of information, and 12 UAL Corp. (847) 700-4000; www.united.com chief financial officer 11.3% now the question is how to turn that information into intelli- gence. Financial planning is be- L. M. “THEO” DE KOOL 3500 Lacey Road, Downers Grove 60515 Executive vice-president, $15,944.0 55 Nijenrode University Erasmus University coming a larger focus for CFOs. 13 Sara Lee Corp. (630) 598-6000; www.saralee.com chief financial and adminis- -0.5% trative officer Why is globalization an issue? MATTHEW F. HILZINGER 10 S. Dearborn St., Chicago 60603 Senior vice-president, $15,655.0 44 University of Michigan NA You have different countries, 14 Exelon Corp. (312) 394-7398; www.exeloncorp.com chief financial officer 1.9% different cultures and different reporting and accounting re- RONALD D. KROPP 3600 W. Lake Ave., Glenview 60026 Senior vice-president, $14,055.0 42 Northern Illinois NA quirements that need to be lo- 15 Illinois Tool Works Inc. (847) 724-7500; www.itwinc.com chief financial officer 9.9% University calized. In addition, the amount of data on a company becomes exponentially larger as the com- ROBERT M. DAVIS 1 Baxter Pkwy., Deerfield 60015 Corporate vice-president, $10,378.0 41 Miami University Northwestern Universi- 16 Baxter International Inc. (847) 948-2000; www.baxter.com chief financial officer, 5.4% ty’s School of Law and pany grows. There is a lot of fo- treasurer Kellogg Graduate cus on CFOs being able to re- School of Management port not only financial but op- erational and metric data. How D. CRAIG MENSE 333 S. Wabash Ave., Chicago 60604 Executive vice-president, $10,376.0 56 University of Virginia Georgetown do you standardize and how do 17 CNA Financial Corp. (312) 822-5000; www.cna.com chief financial officer 5.2% University you roll out standards when you have different areas of the world involved? MILES W. MCHUGH 111 S. Wacker Drive, Chicago 60606 Executive vice-president, $9,316.6 43 University of Illinois University of Chicago 18 R. R. Donnelley & Sons Co. (312) 326-8000; www.rrdonnelley.com chief financial officer 10.5% at Urbana-Champaign What effect did the Sarbanes- Oxley Act have on the position? DON CIVGIN 263 Shuman Blvd., Naperville 60563 Executive vice-president of $8,965.7 46 University of Illinois at University of Chicago It increased the CFO’s areas of 19 OfficeMax Inc. (630) 438-7800; www.officemax.com finance, chief financial officer -2.1% Urbana-Champaign influence. As compliance per- meated the organization and CHRISTA DAVIES1 200 E. Randolph St., Chicago 60601 Executive vice-president $8,956.0 36 University of Harvard Business multiple areas were then re- 20 Aon Corp. (312) 381-1000; www.aon.com of global finance 5.4% Queensland School quired to meet certain stan- dards, the CFO had to become more educated in those areas. CRAIG P. OMTVEDT 520 Lake Cook Road, Deerfield 60015 Senior vice-president, $8,255.0 58 University of NA 21 Fortune Brands Inc. (847) 484-4400; www.fortunebrands.com chief financial officer 22.6% Minnesota How is the role more strategic? Unlike 10 years ago, they are CHARLES A. HINRICHS 150 N. Michigan Ave., Chicago 60601 Senior vice-president, $7,157.0 54 University of Missouri- Saint Louis University expected to create value for the 22 Smurfit-Stone Container Corp. (312) 346-6600; www.smurfit.com chief financial officer 5.1% St. Louis company. They are being asked to include how to imple- JOSEPH P. O’LEARY 130 E. Randolph St., Chicago 60601 Senior vice-president, $6,890.7 53 University of University of Chicago ment change in their reper- 23 Integrys Energy Group Inc. (800) 699-1269; www.integrysgroup.com chief financial officer 1.0% Notre Dame toire. They have to understand how and where to gain effi- ciencies. They have make sure TERENCE R. ROGERS 2621 W. 15th Place, Chicago 60608 Executive vice-president, $5,908.9 48 Illinois State University University of Michigan the ideas align with the busi- 24 (773) 762-2121; www.ryerson.com chief financial officer 2.2% Ryerson Inc. ness strategy. P. OGDEN LOUX 100 Grainger Pkwy., Lake Forest 60045 Senior vice-president of fi- $5,883.7 65 Drexel University NA Michelle Evans 25 W. W. Grainger Inc. (847) 535-1000; www.grainger.com nance, chief financial officer 6.5% Continued on Page 30 30 FEBRUARY 4, 2008 • CRAIN’S CHICAGO BUSINESS FOCUS: FINANCE w PAY GAP CRAIN’S LIST CFOS OF THE LARGEST PUBLIC COMPANIES Continued from Page 29 Demand for CFOs is increasing overseas, according to CFO.com, but the salaries cant compete with those 2006 revenue (millions); in the United States. Name Address % change from Undergraduate Graduate MEDIAN CFO PAY IN ASIA Company Phone/Web site Title(s) previous year Age alma mater alma mater COMPARED TO U.S. In U.S. dollars RICHARD H. FLEMING 550 W. Adams St., Chicago 60661 Executive vice-president, $5,810.0 60 University of the Amos Tuck School of Hong Kong 26 USG Corp. (312) 436-4000; www.usg.com chief financial officer 13.1% Pacific Business Administration $188,000 at Dartmouth College Singapore PETER G. LEEMPUTTE 1 N. Field Court, Lake Forest 60045 Senior vice-president, $5,665.0 50 Washington University University of Chicago $168,000 27 Brunswick Corp. (847) 735-4700; www.brunswick.com chief financial officer 1.0% in St. Louis Graduate School of South Korea Business $168,000 China DENNIS J. LETHAM 2301 Patriot Blvd., Glenview 60026 Executive vice-president of $4,938.6 56 Pennsylvania State NA 28 Anixter International Inc. (224) 521-8000; www.anixter.com finance, chief financial officer 28.4% University $150,000 Indonesia REUBEN GAMORAN 410 N. Michigan Ave., Chicago 60611 Senior vice-president, $4,686.0 47 Northwestern University of Chicago $138,000 29 Wm. Wrigley Jr. Co. (312) 644-2121; www.wrigley.com chief financial officer 12.7% University Thailand $138,000 KENNETH R. TRAMMELL 500 N. Field Drive, Lake Forest 60045 Executive vice-president, $4,685.0 47 University of Houston NA 30 Tenneco Inc.
Recommended publications
  • Pension Reform Task Force July 21, 2011 Supplemental Packet - Item 4
    Pension Reform Task Force July 21, 2011 - Supplemental Packet - Item 4 Description of City of Phoenix Labor Units and Associated Groups Police Supervisory & Supervisory & Middle Field Unit 1 Field Unit 2 Office & Clerical Police Officers Fire Professional Professional Managers Executives Unit Representative: LIUNA, Local 777 AFSCME, Local 2384 AFSCME, Local 2960 PLEA IAFF, Local 493 ASPTEA PPSLA City Manager City Manager Number of regular, full-time employees 1098 1763 2331 2593 1493 2726 453 293 82 This group is Field employees in the Field Employees in the Office employees in Police Officers Firefighter, Fire Supervisory & Police composed of: City Clerk, Human Aviation, Convention Center, clerical and Engineer, and Professional classes Sergeants and Services, Parks & Finance, Fire, Housing, paraprofessional Fire Captain Citywide Lieutenants Recreation, and Street Information Technology, classes Citywide. Transportation Library, Neighborhood Departments, and the Services, Police, Street Solid Waste Division in Transportation, and Water the Public Works Services Departments. Field Department employees in the Equipment Management, Facilities, and Downtown Facilities Management divisions in the Public Works Department Most Common Solid Waste Equipment Operations & Maintenance Police Secretary III, Classifications found Operator, Technician, Electrician, Utility Communications Administrative Assistant I, in this group: Groundskeeper, Technician, Building Operator, Secretary II, Senior User Technology Gardner, Street Maintenance Worker *U2,
    [Show full text]
  • Corporate Matching Gifts
    Corporate Matching Gifts Your employer may match your contribution. The Corporations listed below have made charitable contributions, through their Matching Gift Programs, for educational, humanitarian and charitable endeavors in years past. Some Corporations require that you select a particular ministry to support. A K A. E. Staley Manufacturing Co. Kansas Gty Southern Industries Inc Abbott Laboratories Kemper Insurance Cos. Adams Harkness & Hill Inc. Kemper National Co. ADC Telecommunications Kennametal Inc. ADP Foundation KeyCorp Adobe Systems, Inc. Keystone Associates Inc. Aetna Inc. Kimberly Clark Foundation AG Communications Systems Kmart Corp. Aid Association for Lutherans KN Energy Inc. Aileen S. Andrew Foundation Air Products and Chemicals Inc. L Albemarle Corp. Lam Research Corp. Alco Standard Fdn Lamson & Sessions Co. Alexander & Baldwin Inc. LandAmerica Financial Group Inc. Alexander Haas Martin & Partners Leo Burnett Co. Inc. Allegiance Corp. and Baxter International Levi Strauss & Co. Allegro MicroSystems W.G. Inc. LEXIS-NEXIS Allendale Mutual Insurance Co. Lexmark Internaional Inc. Alliance Capital Management, LP Thomas J. Lipton Co. Alliant Techsystems Liz Claiborne Inc. AlliedSignal Inc. Loews Corp. American Express Co. Lorillard Tobacco Co. American General Corp. Lotus Development Corp. American Honda Motor Co. Inc. Lubrizol Corp. American Inter Group Lucent Technologies American International Group Inc. American National Bank & Trust Co. of Chicago M American Stock Exchange Maclean-Fogg Co. Ameritech Corp. Maguire Oil Co. Amgen In c. Mallinckrodt Group Inc. AmSouth BanCorp. Foundation Management Compensation AMSTED Industries Inc. Group/Dulworth Inc. Analog Devices Inc. Maritz Inc. Anchor/Russell Capital Advisors Inc. Massachusetts Mutual Life Andersons Inc. Massachusetts Financial Services Investment Aon Corp. Management Archer Daniels Midland Massachusetts Port Authority ARCO MassMutual-Blue Chip Co.
    [Show full text]
  • List of Section 13F Securities, Third Quarter, 2011
    List of Section 13F Securities Third Quarter FY 2011 Copyright (c) 2011 American Bankers Association. CUSIP Numbers and descriptions are used with permission by Standard & Poors CUSIP Service Bureau, a division of The McGraw-Hill Companies, Inc. All rights reserved. No redistribution without permission from Standard & Poors CUSIP Service Bureau. Standard & Poors CUSIP Service Bureau does not guarantee the accuracy or completeness of the CUSIP Numbers and standard descriptions included herein and neither the American Bankers Association nor Standard & Poor's CUSIP Service Bureau shall be responsible for any errors, omissions or damages arising out of the use of such information. U.S. Securities and Exchange Commission OFFICIAL LIST OF SECTION 13(f) SECURITIES USER INFORMATION SHEET General This list of “Section 13(f) securities” as defined by Rule 13f-1(c) [17 CFR 240.13f-1(c)] is made available to the public pursuant to Section13 (f) (3) of the Securities Exchange Act of 1934 [15 USC 78m(f) (3)]. It is made available for use in the preparation of reports filed with the Securities and Exhange Commission pursuant to Rule 13f-1 [17 CFR 240.13f-1] under Section 13(f) of the Securities Exchange Act of 1934. An updated list is published on a quarterly basis. This list is current as of September 15, 2011, and may be relied on by institutional investment managers filing Form 13F reports for the calendar quarter ending September 30, 2011. Institutional investment managers should report holdings--number of shares and fair market value--as of the last day of the calendar quarter as required by [ Section 13(f)(1) and Rule 13f-1] thereunder.
    [Show full text]
  • Thomas Johnson, Et Al. V. Tellabs, Inc., Et Al. 02-CV-04356
    Case 1:02-cv-04356 Document 379 Filed 08/13/10 Page 1 of 120 IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION MAKOR ISSUES & RIGHTS, LTD., ) CHRIS BROHOLM, RICHARD LEBRUN, ) et al., ) Plaintiffs, ) )Case No. 02 C 4356 v. ) )Honorable Judge Amy J. St. Eve TELLABS, INC., MICHAEL J. BIRCK, ) RICHARD C. NOTEBAERT, et al., ) ) Defendants. ) MEMORANDUM OPINION AND ORDER AMY J. ST. EVE, District Court Judge: Before the Court is Defendants Tellabs, Inc. (“Tellabs”), Michael J. Birck, Brian J. Jackman, Richard C. Notebaert, and Joan A. Ryan’s (collectively “Defendants”) Motion for Summary Judgment. Defendants seek summary judgment on each of the remaining claims set forth in Plaintiffs Makor Issues & Rights, Ltd., Chris Broholm, and Richard Lebrun, et al. ’s (collectively “Plaintiffs”) Second Amended Consolidated Class Action Complaint (“Complaint”). For the following reasons, the Court grants in large part and denies in part Defendants’ motion for summary judgment and grants in part and denies in part Defendants’ Motion to Strike. BACKGROUND I. Procedural History This case has a long procedural history. In June 2002, Plaintiffs filed a putative class action lawsuit on behalf of various individuals and persons who purchased common stock of Defendant Tellabs between December 11, 2000 and June 19, 2001 pursuant to § 10(b) of the Case 1:02-cv-04356 Document 379 Filed 08/13/10 Page 2 of 120 Securities and Exchange Act of 1934 (“Section 10(b)”) and SEC Rule 10b-5, 17 C.F.R. § 240.10b-5 (“Rule 10b-5”). The Court has jurisdiction over this matter pursuant to 15 U.S.C.
    [Show full text]
  • Ctpf Illinois Economic Opportunity Report
    CTPF ILLINOIS ECONOMIC OPPORTUNITY REPORT As Required by Public Act 096-0753 for the period ending June 30, 2021 202 1 TABLE OF CONTENTS TABLE I 1 Illinois-based Investment Manager Firms Investing on Behalf of CTPF TABLE II Illinois-based Private Equity Partnerships, Portfolio Companies, 2 Infrastructure, and Real Estate Properties in the CTPF Portfolio TABLE III 14 Illinois-based Public Equity Market Value of Shares Held in CTPF’s Portfolio TABLE IV 18 Illinois-based Fixed Income Market Value of Shares Held in CTPF’s Portfolio TABLE V Domestic Equity Brokerage Commissions Paid to Illinois-based 19 Brokers/Dealers TABLE VI 20 International Equity Brokerage Commissions Paid to Illinois-based Brokers/Dealers TABLE VII Fixed Income Volume Traded through Illinois-based Brokers/Dealers 21 (par value) 2021 CTPF ILLINOIS ECONOMIC OPPORTUNITY REPORT REQUIRED BY PUBLIC ACT 096-0753 FOR THE PERIOD ENDING JUNE 30, 2021 TABLE I Illinois-based Investment Manager Firms Investing on Behalf of CTPF Table I identifies the economic opportunity investments made by CTPF with Illinois-based investment management companies. As of June 30, 2021, Total Market/Fair Value of Illinois-based investment managers was $3,121,157,662.18 (23.74%) of the total CTPF investment portfolio of $13,145,258,889.14. Market/Fair Value % of Total Fund Investment Manager Firms Location As of 6/30/2021 (reported in millions) Adams Street Chicago $ 319.69 2.43% Ariel Capital Management Chicago 83.44 0.63% Attucks Asset Management Chicago 274.06 2.08% Ativo Capital Management1 Chicago
    [Show full text]
  • A Tribute to Our Teachers 2018 Annual Report
    PROVIDENCE ST. MEL SCHOOL A Tribute to our Teachers 2018 ANNUAL REPORT We are grateful to those who are the heartbeat of our school and our success —the teachers! A Tribute to our Teachers 2018 Annual Report The educators of Providence St. Mel School walk alongside our students everyday, inspiring them to live up to their potential and build upon our legacy of integrity and academic excellence. A Tribute to Our Teachers 2 | A Tribute to Our Teachers Since 1978, the march toward a quality education and a A Providence St. Mel education has profound impact on the better, brighter, and richer future for all has been the lives of our students and exemplifies for future generations that, foundation of the mission and vision of Providence St. Mel no matter the adversities they face along the way, they too can School. Our tradition of success on Chicago’s West Side has succeed. Unlike other schools in our West Side community, our been unrivaled, not only locally but nationally. Let us not perfect college acceptance rate is accompanied by a drastic forget who has been at the forefront of our success – our improvement in standardized test performance. The average incredible and tremendous faculty and staff. Our teachers student that enters Providence St. Mel School as a freshman touch the lives of our students daily, and we know their will increase their ACT score by 7-8 points from 9th grade to impact can influence the trajectory of a student’s life, 11th grade. The Class of 2018 boasts an average ACT score of empowering them to realize that they are capable and 25! As a result of this hard work, universities throughout the committed individuals.
    [Show full text]
  • “If You Can Find a Path with No Obstacles, It Probably Doesn't Lead Anywhere”
    Companies that Hire Ex-Offenders “If you can find a path with no obstacles, it probably doesn’t lead anywhere” Donnelley & Sons Electronics/Engineering Rubbermaid Inc Apple Inc Sony AT&T Sprint Boeing Telephone & Data Systems Inc. Brunswick Corp Tellabs Canon USA Verizon Casio, Inc W.W. Grainger Caterpillar Inc. Xerox CDW Computers Zebra Technologies Chicago Mercantile Exchange Cintas Cars/mechanics Comcast AAMCO Transmissions and Auto Care Compaq Computer BF Goodrich Dell Corporation Bridgestone Dow Brands Dunlop Tires DuPont Co. Deere Duracell Firestone Tire and Rubber Electrolux Goodyear Epson JiffyLube Ermco Monro Muffler Brake & Service Exelon Interstate Batteries Facebook Valvoline Instant Oil Change Fortune Brands Fujifilm Genentech Driving Adams Trucking General Electric American Orange Trucking Georgia-Pacific American National Logistics Google Anderson Trucking Services, Inc IBM Atlas Van Lines Illinois Tool Works Barr-Nunn Transportation International Paper CalArk international Trucking Interstate Batteries Carolina Cargo Koch Industries Core Carrier Corp. LG Electronics Crete Carrier Libra Group CR England LORAM Maintenance CRST Van Expedited Metals USA Davis Transport Inc. Molex DeBoer Transportaion Inc. Molson Coors Brewing Company Dick Lavy Trucking Motorola Dutch Maid Logistics Inc. Navistar International Falcon Transport Newell Rubbermaid Federal Express (FedEx) NISource Freymiller Trucking Philip Morris Gordon Trucking Inc Praxair Groendyke Transport http://www.jailtojob.com/companies-hire-felons.html Hunt Transportation Construction/Installation Interstate Distributor Co. Ace Hardware J.B. Hunt Transport, Inc Andersen Windows JBS Carriers Carrier Corporation K & B Transportation Dap Products Knight Transportation Electrolux Kreilkamp Trucking Ermco Landstar Trucking Feeler Tree Service (Belle, MO) Lyft Fortune Brands Magnum Express Home Depot MCH Transportation Labor Ready Melton Truck Lines LG Electronics Miller Transporters Lowes Millis Transfer, Inc.
    [Show full text]
  • Click Here to View the 2020 Annual Report
    2020 ANNUAL REPORT Design provided by Movéo Cover photo: Imperial Palace in Tokyo, Japan with reflection of the Chicago skyline 2 Our mission is to create and promote Japanese and American friendships. We do this through business, social, educational, and cultural activities. We are the only organization in Chicago that touches all of these areas in American and Japanese relationships. The Japan America Society of Chicago is a non-profit association made up of individuals and corporations interested in United States-Japan business, cultural, political, and social relations. Founded in 1930 to foster mutual goodwill and friendship between the people of Japan and the United States, the Society enjoys a total membership of over 150 American and Japanese corporations and over 600 individuals throughout Chicagoland and the Midwest. The Society sponsors over 50 public affairs and cultural programs annually, including business luncheons, evening lectures, cultural events and social/networking opportunities. All members receive discounts on program registration and invitations to special member-only events. The Society also has a Young Professionals Committee that organizes various evening lectures and social outings throughout the year for members in their twenties and thirties. In addition, the Society offers over six levels of Japanese and English language courses. For membership information and other inquiries visit jaschicago.org or contact the Society office. 3 LETTER FROM THE HONORARY CHAIRMAN November 2020 Dear friends, One year ago, I arrived in Chicago to begin my term as Consul-General of Japan in Chicago. During this time, I have been so encouraged by the warmth and friendship between Chicago and Japan.
    [Show full text]
  • Final Report Nasdaq-100
    FFRREEDDEERRIICC WW.. CCOOOOKK && CCOO..,, IINNCC.. 2001 BOARD OF DIRECTORS PROFILE AND COMPENSATION AT NASDAQ-100 COMPANIES TABLE OF CONTENTS PAGE OVERVIEW -1- SECTION I – BOARD STRUCTURE DEMOGRAPHICS -2- SIZE OF BOARD -3- COMPOSITION OF BOARD -4- AVERAGE AGE OF BOARD -6- LENGTH OF BOARD TERM -7- BOARD MEETINGS PER YEAR -8- BOARD COMMITTEES -9- SECTION II – BOARD COMPENSATION -11- CASH VERSUS EQUITY -12- ANNUAL BOARD RETAINER -13- BOARD AND COMMITTEE MEETING FEES -14- COMMITTEE MEMBER RETAINER AND CHAIRMAN COMPENSATION -15- STOCK OPTION VALUATION METHODOLOGY -16- STOCK OPTION GRANT VALUES -17- STOCK OPTION GRANT SIZES -18- DIRECTOR TOTAL COMPENSATION -19- ADDITIONAL COMPENSATION INFORMATION -20- SUMMARY OF DIRECTOR COMPENSATION BY COMPANY -22- ___________________________________________________________________________________________________________ Frederiic W.. Cook & Co..,, Inc.. OVERVIEW There are many studies of board compensation at S&P500,, dot..com or Internet companies.. This report is unique in that it presents an analysis of the structure,, demographics and compensation for boards of directors of the companies included in the Nasdaq-100 Index as of July 1,, 2001.. This index has become the universal standard for evaluating the performance of technology companies.. It reflects the Nasdaq’s 100 largest companies across major industry groups.. The information in this report is presented both in summary form and on a company-by-company basis.. All information was taken from company proxy statements,, annual reports,, and 10-K filings for the period July 1,, 2000,, through June 30,, 2001.. In cases where publicly available information was unclear,, direct inquiries were made to the companies.. The first section of the report summarizes the key structural and demographic aspects of a board of directors such as size,, length of term,, number of board meetings,, number of committees,, etc.
    [Show full text]
  • In the United States District Court
    Case: 1:13-cv-00537 Document #: 85 Filed: 06/16/14 Page 1 of 11 PageID #:<pageID> UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION MAHMOOD ALIZADEH, on behalf of ) himself and all others similarly situated, ) ) Plaintiff, ) ) No. 13 C 537 v. ) ) Judge Sara L. Ellis TELLABS, INC., TIMOTHY J. WIGGINS, ) and THOMAS P. MINICHIELLO ) ) Defendants. ) OPINION AND ORDER Lead Plaintiffs Brian Jensen and Alfredo Acosta bring this case on behalf of themselves and a putative class of similarly situated individuals who purchased securities in Tellabs, Inc. (“Tellabs”). Plaintiffs allege that Tellabs and two of its officers, Timothy Wiggins and Thomas Minichiello, made false or misleading representations with regard to Tellabs’ business operations which caused Tellabs’ stock price to be artificially inflated. Specifically, Plaintiffs allege that Defendants misrepresented the viability of Tellabs’ products and failed to promptly disclose that Tellabs had lost the business of its primary customer, AT&T. In doing so, Plaintiffs contend that Defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, codified as 15 U.S.C. § 78j(b) and t(a), and SEC Rule 10b-5, 17 U.S.C. § 240.10b-5. Now before the Court are Defendants’ motion to dismiss the Amended Complaint for failure to comply with the heightened pleading standards that govern claims for securities fraud. [42] Because Plaintiffs fail to specify which of Defendants’ statements were false or misleading and fail to connect each alleged misstatement with a contrary allegation of fact, the Amended Complaint is dismissed without prejudice. Case: 1:13-cv-00537 Document #: 85 Filed: 06/16/14 Page 2 of 11 PageID #:<pageID> BACKGROUND1 Tellabs designs and develops telecommunications network products, which it sells primarily to telecommunications service providers.
    [Show full text]
  • A World of Innovation Financial Highlights
    ANNUAL REPORT 2009 A WORLD OF INNOVATION FINANCIAL HIGHLIGHTS ($ in thousands, except per share data) Operations 2009 2008 Change Net revenue $ 2,581,841 $ 3,328,347 (22.4)% Income (loss) before income taxes (318,888) 338,648 N/M Net (loss) income (321,287) 215,437 N/M Net (loss) income as a percent of net revenue (12.4)% 6.5% Return on invested capital (12.4)% 7.4% Per Share Earnings (loss) per share: Basic $ (1.84) $ 1.19 N/M Diluted (1.84) 1.19 N/M Dividends per share 0.61 0.45 35.6% Book value (Basic average common shares) 11.81 14.83 (20.4)% Average common shares: Basic 174,598 180,474 Diluted 174,598 181,395 Number of registered stockholders at June 30: Common Stock 2,381 2,460 Class A Common Stock 8,302 7,527 Financial Position Total assets $ 2,942,157 $ 3,599,537 (18.3)% Working capital 733,421 1,133,522 (35.3)% Total debt 254,651 213,020 19.5% Backlog 253,029 436,487 (42.0)% Stockholders’ equity 2,062,564 2,676,846 (22.9)% Total debt as a percent of stockholders’ equity 12.3% 8.0% Number of employees at June 30 25,240 32,160 (21.5)% Current ratio 2.0/1 2.7/1 Molex Incorporated is a 71-year-old manufacturer of electronic components, including electrical and fi ber optic interconnection products and systems, switches, integrated products and application tooling. The company operates 43 manufacturing locations in 18 countries and employs over 25,000 people.
    [Show full text]
  • Thurman Ross, Et Al. V. Career Education Corporation, Et Al. 12-CV-00276-Lead Plaintiffs' Memorandum of Points and Authoriti
    Case: 1:12-cv-00276 Document #: 111 Filed: 11/04/13 Page 1 of 236 PageID #:2457 UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION THURMAN ROSS, by and on behalf of himself and all others similarly situated, Civil Action No. 12 C 276 Plaintiff, Hon. John W. Darrah vs. CAREER EDUCATION CORPORATION, GARY E. McCULLOUGH, and MICHAEL J. GRAHAM, Defendants. LEAD PLAINTIFFS’ MEMORANDUM OF POINTS AND AUTHORITIES IN SUPPORT OF UNOPPOSED MOTION FOR PRELIMINARY APPROVAL OF CLASS ACTION SETTLEMENT Jay W. Eisenhofer Joseph F. Rice Geoffrey C. Jarvis James M. Hughes Jeff A. Almeida David P. Abel Christine M. Mackintosh Meghan S. B. Oliver GRANT & EISENHOFER P.A. MOTLEY RICE LLC 123 Justison Street 28 Bridgeside Blvd. Wilmington, DE 19801 Mt. Pleasant, SC 29464 Telephone: (302) 622-7000 Telephone: (843) 216-9000 Facsimile: (302) 622-7100 Facsimile: (843) 216-9450 Co-Lead Counsel for Lead Plaintiffs Co-Lead Counsel for Lead Plaintiffs and Counsel for Thurman Ross Paul E. Slater (ARDC 2630567) James E. Barz (ARDC 6255605) SPERLING & SLATER, P.C. ROBBINS GELLER RUDMAN 55 West Monroe Street & DOWD LLP Suite 3200 200 South Wacker Drive, 31st Floor Chicago, IL 60603 Chicago, IL 60606 Telephone: (312) 641-3200 Telephone: (312) 674-4673 Facsimile: (312) 641-6492 Facsimile: (312) 674-4676 Liaison Counsel for Lead Plaintiffs Additional Counsel for Plaintiffs and Counsel for Thurman Ross Case: 1:12-cv-00276 Document #: 111 Filed: 11/04/13 Page 2 of 236 PageID #:2458 TABLE OF CONTENTS INTRODUCTION...........................................................................................................................1 BACKGROUND.............................................................................................................................3 A. Lead Plaintiffs’ Factual Allegations ....................................................................................3 B. Procedural Posture, Mediation, And Settlement ..................................................................4 C.
    [Show full text]