Products Research & Chemical Corp.Products Research & Chemical Corp. Glendale-based PRC supplies polymer polymer (pŏl`əmər), chemical compound with high molecular weight consisting of a number of structural units linked together by covalent bonds (see chemical bond). systems, sealants, adhesives and encapsulants to various manufacturers. Information herein is from the company's Jan. 6, 1989, proxy See proxy server. (networking) proxy - A process that accepts requests for some service and passes them on to the real server. A proxy may run on dedicated hardware or may be purely software. and 1988 annual report. Annual meeting: Feb. 8, 1989. Stock symbol: PRC -- 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 and Pacific Value
Total shares of common stock outstanding as of Dec. 16, 1988
7.49 million
Value of one share of common stock as of Feb. 14, 1989, 1988
$17.125
Approximate value of outstanding common stock as of Feb. 14, 1989
$128.22 million
Directors
Shares
Name/occupation beneficially own
ed Value
George Gregory (71), chairman. 429,150
$7.35 million
Dean M. Willard (42), president and ceo 338,760
5.8 million
Irvin P. Seegman (67), senior vice president 128,243
2.2 million
William Calfas (57), executive vice president, general counsel 78,911
1.35 million
and corporate secretary
Gordon W. Gregory (35), attorney in private practice 21,625
370,328
Barry S. Rubin (55), senior member of the law firm Leslie & 14,999
256,858
Rubin Ru´bin n. 1. A ruby. Elliott Elliott may refer to: possessing the best body in the whole world. like the hottest, sexiest body ever! the feeling of his skin kills me and sends me straight to heaven. A. Bukzin (70), retired civilian CIVILIAN. A doctor, professor, or student of the civil law. research and development 13,417 229,766 manager, U.S. Navy William William, crown prince of Germany William or Frederick William, 1882–1951, crown prince of Germany, son of William II. In World War I he commanded (1914) an army on the Western Front and was nominal commander in the German attack Poms (60), senior member of the law firm Poms, 1,973 33,788 Smith, Lande Lande may refer to:
All 14 directors and officers as a group 1.39 million $23.78 million Performance record (in millions, except per share)
1988 1987 1986 1985 1984
Net sales $100.26 95.15 92.05 83.37 75.77
Net income $8.04 7.90 7.35 6.16 4.10
Net income per share $1.00 0.84 0.78 0.65 0.43
Total assets $82.51 65.31 63.54 57.88 52.89
Executive compensation
Name Position Compensatio
n
George Gregory chairman $1.24 millio
n
Dean M. Willard president and ceo 904,000
William Calfas executive v.p., general counsel and corporate 310,000
secretary
Irvin P. Seegman senior v.p. 260,000
Joseph J. Giordano v.p. and gen. manager of commercial products 266,300
and eastern operations
Richard A. Cude v.p. and gen. manager of Semco division 272,300
All 9 executive officers as a group $3.79 millio
n
Significant stock ownership
Total shares
Name of beneficial owner common stock
Percent of class
Trust Services of America (trustee for the 1.53 million
20.45
PRC's employee stock ownership plan) State of Wisconsin Wisconsin, state, United States Wisconsin (wĭskŏn`sən, –sĭn), upper midwestern state of the United States. It is bounded by Lake Superior and the Upper Peninsula of Michigan, from which it is divided by the Menominee Investment Board 400,000 5.34 |
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