Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Gillette Reviews 2003 Business Results, Elects Directors
May 21, 2004
 Printable format
 Email this Article
 Search

At The Gillette Company's annual shareholders meeting, James M. Kilts, chairman, president, and CEO of reviewed the company's results for 2003, which he described as "an excellent year."

According to Mr. Kilts, the personal care appliance maker achieved strong gains in net sales and profit from operations and record earnings per share.

At the meeting, shareholders elected four directors to serve for 3-year terms that expire at the 2007 Annual Meeting. The directors were Edward F. DeGraan, Wilbur H. Gantz, James M. Kilts, and Jorge Paulo Lemann.

Shareholders also approved the 2004 Long-Term Incentive Plan and a shareholder proposal recommending that the board of directors consider the annual election of all board members, rather than the current staggered, 3-year terms.

Shareholders rejected another shareholder proposal that the Company adopt a policy of immediately expensing stock options; the company has said it would expense options when the Financial Accounting Standards board agrees on a uniform method.

Back to Daily News

 

Daily News

...........................................................

Apr 18, 2014: Spectrum Brands CEO Lumley Joins Husqvarna Board

Apr 17, 2014: GE Appliances 1Q Revenues Down 3%

Apr 17, 2014: Remodeling Growth Expected to Continue

Apr 17, 2014: HVAC/R Contractors Outlook Holds Steady

Apr 17, 2014: Appliance Store Sales Down Slightly in March

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows