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Earle M. Jorgenson Co.


Earle For use of this word as a surname, see .
Not to be confused with Earl
Earle as a placename may refer to:
  • Earle, Arkansas, a city in Crittenden County, Arkansas, United States
 M. Jorgenson
  • John Jorgenson — American musician, considered one of the world's most versatile and accomplished guitarists
  • Dale W. Jorgenson — Economist serving as the Samuel W. Morris University Professor at Harvard University
 Co.

Lynwood-based Earle M. Jorgensen Co. distributes aluminum and steel products. The data herein is from the company's March 17, 1989, proxy and 1988 annual report. Annual meeting: April 17, 1989. Stock symbol: JOR JOR Jordan (ISO Country code)
JOR Journal of Orthoptera Research
JOR Job Order Request
JOR Joint Operational Requirement
JOR Job Operations Report
JOR Jacobian Overrelaxation Iterative Method
JOR Journal File
 -- NYSE NYSE

See: New York Stock Exchange
, PSE PSE

1. pale soft exudative pork.

2. portosystemic encephalopathy.
 

Value
Total shares of common stock outstanding as of Dec. 31, 1988            6.33 mil
lion
Value of one share of common stock as of May 4, 1989                         $29
.375
Approximate value of outstanding common stock as of May 4, 1989      $185.94 mil
lion


Directors
                                                                      Shares
Name/occupation                                                 beneficially own
ed       Value
Earle M. Jorgensen (90), chairman, chairman of the executive         2.01 millio
n    $59.14 million


committee and director, Northrop Nor·throp , John Howard 1891-1987.

American biochemist. He shared a 1946 Nobel Prize for discovering methods of producing pure enzymes and virus proteins.
 Corp.
J.W. Jorgensen (63), president and CEO                               119,657
     3.51 million
S.M. Robinson (64), senior vice president, finance                    21,693
       637,232
J.F. Watkins (63), senior vice president, administration              12,954
       380,524
E.V. Brown Jr. (68), vice president                                   11,127
       326,856
L.R. Terry (48), senior vice president, marketing                     11,076
       325,358
J.R. Tams (66), vice president                                        10,773
       316,457
J.T. Bunt (48), vice president                                         8,445
       248,072
T.L. Wilson (42), vice president                                       7,946
       233,414
William French Smith (71), senior partner of law firm Gibson, Dunn     2,880
        84,600


& Crutcher. Former U.S. Attorney General. Director, National Broadcasting Corp., Pacific Telesis
For current information on this topic, see AT&T.


Pacific Telesis Group was one of the seven Regional Bell Operating Companies created after the 1984 breakup of AT&T as a holding company for Pacific Bell and Nevada Bell.
 Group, Pacific Bell, H.F. Ahmanson & Co., General Electric Co., Fisher Scientific Fisher Scientific, formally Fisher Scientific International, Inc. and colloquially Fisher was a biotechnology company that provided products and services to the global scientific research and United States clinical laboratory markets.  Group Inc., Weintraub Entertainment Group Inc., American International Group
"AIG" redirects here. For other uses, see AIG (disambiguation).


American International Group, Inc. (AIG) (NYSE: AIG; TYO: 8685 ) is a major American insurance corporation based in New York City.
 Inc. and Pacific Lighting Corp.

L.N. Hand (60), partner of law firm Verner, Liipfert, Bernhard, 1,000

29,375

McPherson and Hand. Director, Netmap International Inc.

George T. Scharffenberger (69), chairman of The Home Group Inc. 500

14,688

Director, Northrop Corp., Interim Systems Corp., Whitman Corp., Rockefeller Group The Rockefeller Group is a global private company based in New York City, primarily involved in real estate operations in the United States. It is fully owned by Mitsubishi Estate Co. Ltd. , The Home Insurance Co. and General Development Corp.

J.E. Cross (67), partner of law firm O'Melveny & Myers. Director of 200

5,875

25 mutual funds managed by American Capital Management Inc.

William A. Wilson William A. Wilson (born November 3, 1914) was an American diplomat and businessman from Los Angeles. A close friend of President Ronald Reagan, was appointed as first United States Ambassador to the Holy See, in 1984.  (74), private investor and financial consultant 0

0 for Shearson Lehman Hutton. Director, Disease Detection International Inc. Former Ambassador to the Holy See

C.H. Price II (57), former U.S. Ambassador to the U.K. Director, 0

0

New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Times Co.

All directors as a group 2.22 million $65.26 million

Performance record (in thousands, except per share)
                       1988       1987      1986       1985       1984
Operating revenues     $474,036   341,467   285,171    297,442    290,599
Net income               $9,003     4,903   (14,812)     9,351      9,277
Net income per share      $1.42      0.78     (2.35)      1.48       1.46
Total assets           $246,788   210,629   197,109    230,621    219,506


Executive compensation
Name                                        Position                 Salary/Bonu
s
E.M. Jorgensen                              chairman                 $323,996
J.W. Jorgensen                            president and CEO           267,596
S.M. Robinson                             senior v.p.-finance         220,196
L.R. Terry                               senior v.p.-marketing        220,196
J.F. Watkins                           senior v.p.-administration     220,196
All 18 executive officers as a group                                 $2.8 millio
n


Significant stock ownership
                                                    Total shares
Name of beneficial owner                           common stock   Percent of cla
ss
Paine Webber Group Inc., New York                    339,688           5.4
Australian National Industries Ltd., Lidcombe,       329,500           5.2


Australia

Officers and directors of the company as a group 2.24 million 35.5 (23 persons, including E.M. Jorgensen)
COPYRIGHT 1989 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1989, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:proxy report excerpts
Publication:Los Angeles Business Journal
Article Type:company profile
Date:May 15, 1989
Words:565
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