Amendment to Annual Report — Form 10-K
Filing Table of Contents
Document/Exhibit Description Pages Size
1: 10-K/A Amendment to Annual Report 68 415K
2: EX-3.B Articles of Incorporation/Organization or By-Laws 10 41K
3: EX-4.E Instrument Defining the Rights of Security Holders 7 27K
5: EX-10.BB Material Contract 8 29K
6: EX-10.CC Material Contract 8 33K
7: EX-10.DD Material Contract 11 52K
8: EX-10.EE Material Contract 11 51K
4: EX-10.F Material Contract 15 80K
9: EX-10.FF Material Contract 11 50K
10: EX-10.GG Material Contract 9 46K
11: EX-10.HH Material Contract 3 14K
12: EX-10.II Material Contract 3 14K
13: EX-10.JJ Material Contract 19 64K
14: EX-27 Financial Data Schedule (Pre-XBRL) 1 11K
15: EX-99.C Miscellaneous Exhibit 3 14K
16: EX-99.D Miscellaneous Exhibit 12 38K
17: EX-99.E Miscellaneous Exhibit 5 28K
EX-99.D — Miscellaneous Exhibit
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EXHIBIT 99.d
[SUNBEAM LOGO]
Contacts: INVESTMENT COMMUNITY MEDIA
Marc R. Shiffman George Sard/Maureen Bailey
Sunbeam Corporation Sard Verbinnen & Co.
(561) 243-2142 (212) 687-8080
SUNBEAM OUTLINES NEW STRATEGY, ORGANIZATIONAL STRUCTURE,
SENIOR MANAGEMENT TEAM
REVERSES PREVIOUS MANAGEMENT'S ANNOUNCED DECISION TO CLOSE FOUR FACTORIES;
EASTPAK AND POWERMATE COMPRESSOR BUSINESSES WILL NOT BE DIVESTED
--------------------------------------------------------------------------------
DELRAY BEACH, FL, AUGUST 24, 1998 -- Sunbeam Corporation (NYSE:SOC)
today announced a new organizational structure and senior management team, and
outlined its strategy for revitalizing Sunbeam.
"Although we still have much to do in the short term to stabilize
Sunbeam's businesses, our strategic focus is on growth," said Jerry W. Levin,
President and Chief Executive Officer of Sunbeam. "With some of the most
powerful brand names in consumer durables, we will focus on our consumers. We
are now conducting consumer research which should have a significant impact on
our rate of new product introductions in the second half of 1999."
"In contrast to the prior management's approach, we are decentralizing
operations while maintaining centralized support. Our goal is to increase
accountability at the business unit level, and to give our employees the tools
they need to build their businesses. We are shifting Sunbeam's focus to
increasing quality in products and customer service," Levin added.
Sunbeam also announced that it will no longer pay a quarterly dividend of
$0.01 per share.
NEW ORGANIZATION STRUCTURE
--------------------------
Sunbeam will be organized into three Operating Groups: Outdoor Leisure,
Household Products, and International, as well as a Corporate Group. Household
Products will report directly to Levin. The Outdoor Leisure and International
Groups will each be headed by a group president. All three operating groups will
also have a chief financial officer. Legal, employee
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benefits, licensing, outlet stores, and several other support functions will be
housed in the Corporate Group so they can meet business needs across the entire
Sunbeam organization.
The operating groups will be organized into 17 strategic business units.
Each business unit will have a general manager and controller as well as human
resources, operations, R&D, MIS and sales functions. Where it makes sense, these
operating functions will be consolidated at the group level and will serve more
than one business unit. Each business unit will develop a three-year strategic
plan and annual operating plans. The performance of each business unit will be
measured on its operating income, cash flow and sales growth.
The business units will be headquartered as follows:
BUSINESS UNIT LOCATION
First Alert Aurora, IL
Heath o Meter Bridgeview, IL
Coleman Wichita, KS
Powermate Kearny, NE
Eastpak Lowell, MA
Europe Brussels, Belgium
Japan Tokyo, Japan
Latin America Miami Lakes, FL
Asia/Pacific Sydney, Australia
All other business units will be headquartered at Sunbeam's corporate
offices in Delray Beach, FL.
NEW SENIOR MANAGEMENT TEAM
--------------------------
Sunbeam also announced a new senior management team, which brings together
several key Sunbeam veterans and recent recruits with a number of proven
executives who have previously worked with Levin, many at Coleman before it was
acquired by Sunbeam. "With this leadership team," Levin said, "I am confident
that we will succeed in turning Sunbeam into a world-class consumer products
company, and making it a great place to work." The management group has
extensive experience in consumer-focused businesses, which will be central to
Sunbeam's strategy, particularly as it increases its emphasis on brand building
and marketing.
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[Enlarge/Download Table]
CORPORATE Jerry W. Levin, President & Chief Executive Officer
Chief Administrative Officer Paul E. Shapiro, Executive Vice President
Chief Financial Officer Bobby Jenkins, Executive Vice President
Human Resources Ronald H. Dunbar, Senior Vice President
R&D/Product Development Robert H. Beck, Senior Vice President
Operations Ronald J. Nold, Senior Vice President
Robin Esterson, Vice President
Finance Karen K. Clark, Vice President
Corporate Development/ Marc R. Shiffman, Vice President
Investor Relations
Legal Janet G. Kelley, Vice President & General Counsel
Kenneth Bell, Vice President, Prod. Liability/Risk Mgmt.
Licensing Linda Morgenstern, Vice President
MIS Albert R. Lapierre, Vice President
Retail Graham Crowther, Vice President
Sales Arthur B. Drogue, Vice President
Special Markets (Surplus) Terry J. Marshall, Vice President
Treasurer Ronald R. Richter, Vice President
HOUSEHOLD PRODUCTS
Chief Financial Officer Al LeFevre, Vice President
Appliances Marc Haberman, Vice President & Acting General Manager
Blankets/ Clippers Andrew C. Hill, Vice President & General Manager
First Alert Michael J. Paxton, President
Health o Meter Beth Bronner, President
Professional Products Joseph A. Tadeo, Vice President and General Manager
OUTDOOR LEISURE Frank J. Feraco, President
Chief Financial Officer Gwen Wisler, Senior Vice President
Coleman Bill Phillips, Senior Vice President & General Manager
Outdoor Cooking Frank J. Feraco, Acting General Manager
Powermate Frank J. Feraco, Acting General Manager
Eastpak Mark Goldman, Chairman
Rafael Labrador, President & CEO
INTERNATIONAL Jack D. Hall, President
Chief Financial Officer David J. Seibel, Vice President
Latin America Franz Schmid, President
Japan Hiroshi Suzuki, President
Europe/Africa/Middle East Bjorn Blomberg, President
Asia/Pacific Peter King, President
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SUNBEAM'S FACTORIES
-------------------
As part of its ongoing review, Sunbeam's management has reevaluated a
decision by former management to close eight plants, and concluded that four of
the plants will remain open. They are the Coleman plants in Maize, Kansas, and
Pocola, Oklahoma; the First Alert plant in Aurora, Illinois; and the Sunbeam
plant in Acuna, Mexico. In addition, as previously announced, the Mr. Coffee
plant in Glenwillow, Ohio, will remain open at least until February 1, 1999, to
give employees, government agencies and other interested parties time to see if
they can develop a plan to demonstrate that the plant can be cost-competitive.
The Sunbeam plant in Mexico City, scheduled to close in September, will remain
open until December to build sufficient inventories to assure a reliable supply
of products to our customers. The two other plants, the Coleman components plant
in Costa Rica and the Coleman sleeping bags plant in Cedar City, Utah, have
already been closed.
"The plants are being kept open," Levin said, "to ensure a high level of
quality and customer service, as well as a consistency of supply." Noting that
the Company would continue to seek manufacturing synergies and cost savings,
Levin added, "While we are setting very high performance standards for all of
our facilities, we won't destabilize our brands, product quality and customer
relationships by cutting too fast and too far. A thorough analysis of a number
of the facilities targeted to close by previous management has not produced
business or economic justification for proceeding."
Sunbeam also said it will not sell two of the business units slated for
sale by former management: Eastpak and the Powermate compressor business. "Both
are excellent businesses and we have the right team to grow them," Levin said.
The Coleman Spa business will be divested, as previously announced.
INCENTIVE COMPENSATION
----------------------
Compensation will be structured to incentivize employees to increase
shareholder value. While annual salaries and bonuses will be cash-based, Sunbeam
will provide long-term compensation in the form of stock options. A stock option
replacement program will be implemented for Sunbeam personnel employed prior to
June 30, 1998. Under this plan, up to 6.45 million stock options outstanding at
exercise prices over $10 per share can be relinquished by the employee for a
lesser
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amount of stock options with a $7.00 exercise price, potentially reducing option
float by approximately 3.45 million shares.
Members of executive management have signed two- or three-year employment
agreements with Sunbeam and have been granted stock options at $7.00 per share,
with the exception of Mr. Levin, whose options have exercise prices of $7.00,
$10.50 and $14.00.
BIOGRAPHIES OF SUNBEAM SENIOR MANAGEMENT TEAM
---------------------------------------------
/bullet/ ROBERT H. BECK, JR., SENIOR VICE PRESIDENT, RESEARCH &
DEVELOPMENT/PRODUCT DEVELOPMENT. Beck, 56, joined Sunbeam in June from
Solvay Automotive, where he was Vice President, Engineering.
Previously, he was Vice President, Engineering & Technology of Sterling
Plumbing, and before that, General Manager of its Professional Products
Division. At Owens-Corning Fiberglass, he was Research Director before
being named Vice President & General Manager of the FRPC Division.
Beck, who holds an M.S. degree and a Ph.D. in Materials Science from
Michigan State University, began his career in research at Ford Motor
Company.
/bullet/ KENNETH BELL, VICE PRESIDENT, PRODUCT LIABILITY AND RISK MANAGEMENT.
Bell, age 42, has been Vice President, Litigation Counsel for Sunbeam,
with responsibility for product regulatory issues, accident
investigations and product recalls. Previously he served as Vice
President, Litigation Counsel for the Coleman Company. A graduate of
Wichita State University with a B.S. degree, he earned a J.D. degree at
Washburn University.
/bullet/ BJORN BLOMBERG, PRESIDENT, EUROPE. Blomberg, 50, who was Vice President
& General Manager of Coleman International, will continue to head
Sunbeam-Europe. Before joining Coleman in 1996, Blomberg was President
of PRIMUS AB, a leading Swedish manufacturer of gas appliances.
Previously, he was President of BTG Inc. and Elkem Chemicals, Inc., and
Operations Manager at the Japanese division of The Sandvik Group. He
holds a Masters of Science degree in Industrial and Management
Engineering from the Technical University of Linkoping, Sweden.
/bullet/ BETH BRONNER, PRESIDENT, HEALTH O METER. Bronner, 47, joins Sunbeam
from Citibank, where she has been Senior Vice President & Director of
Marketing for its North American Consumer Bank for two years.
Previously, she was Vice President-Business Markets for
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AT&T Communications Service Group, and, before that, Vice President of
its Consumer Markets unit. A former President of Revlon Professional
(Salon Products), North America, her consumer brand experience also
includes senior management and marketing positions with Slim Fast
Foods, Haagen-Daz and Nabisco Brands. A graduate of Vassar College,
Bronner also holds an MBA in marketing and finance from the University
of Chicago.
/bullet/ KAREN CLARK, VICE PRESIDENT, FINANCE. Clark, 38, joined Coleman in 1997
as Vice President-Finance. She had been Corporate Controller for
Precision Castparts Corp, a complex metal manufacturer in Portland,
Oregon. She also served as Corporate Planning Manager for Tektronix
and, for nine years, was a public accountant with Arthur Anderson,
Ernst & Young, and Dobbins, DeGuire & Tucker. A Certified Public
Accountant, she earned her B.S. degree at Montana State University.
/bullet/ GRAHAM CROWTHER, VICE PRESIDENT, RETAIL. Crowther, 46, joined The
Coleman Company in 1997 as Director of Stores for the Camp Coleman
Division. Previously, he was Regional Director of Stores for Leather
Loft Stores, where he directed seven district managers and 84 stores.
He has also had experience as a buyer. Crowther holds a B.S. in
Business Administration from New Hampshire College.
/bullet/ ARTHUR B. (ART) DROGUE, VICE PRESIDENT, SALES. Drogue, 54, joined
Sunbeam in June from Nabisco, where he worked for 10 years in a variety
of senior sales positions, most recently as Vice President,
International Sales. Previously, he headed Nabisco's U.S. field sales
for business across all classes of trade, including grocery, club, mass
merchandisers, drug, telemarketing, military, private label and new
business development. A graduate of Stetson University, he holds a B.A.
degree in Economics.
/bullet/ RONALD H. DUNBAR, SENIOR VICE PRESIDENT, HUMAN RESOURCES. Dunbar, 61,
has been at Revlon, Inc. since 1991 as Senior Vice President, Human
Resources and a Corporate Officer. Prior to joining Revlon, Dunbar
spent two years as Senior Vice President and General Manager of Arnold
Menn, executive outplacement consultants. For 11 years, he was
Executive Vice President and Chief Human Resources Officer for Ryder
System, Inc. He holds a B.S. in Economics from Michigan State
University.
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/bullet/ ROBIN ESTERSON, VICE PRESIDENT, OPERATIONS PLANNING. Esterson, 34, has
been Vice President, Corporate Development-Domestic for Coleman. He
previously worked in a variety of general management and operating
positions at Revlon, Inc. He earned a B.S. degree in Mechanical
Engineering from Carnegie-Mellon University, and an MBA from The
Wharton School of the University of Pennsylvania.
/bullet/ FRANK J. FERACO, PRESIDENT, OUTDOOR LEISURE GROUP. Feraco, 51, joined
Sunbeam in May 1998 from Kohler Co., where he was President and Sector
Executive for its $1.7 billion International/Sterling Plumbing Group.
Prior to joining Kohler in 1996, he held a variety of key operating
positions with Danaher Corporation and with the Skil Corporation
subsidiary of Emerson Electric. He holds a B.A. degree from the
University of Rhode Island.
/bullet/ MARK GOLDMAN, CHAIRMAN, EASTPAK. Goldman, 43, founded Eastpak in 1976
following his graduation from the University of Rochester that same
year. He is credited with many of the design and marketing innovations
that have led to today's unprecedented popularity of backpacks as both
sports equipment and fashion accessories. Goldman sold Eastpak to The
Coleman Company in 1994, while remaining as President and CEO of the
business.
/bullet/ MARC HABERMAN, VICE PRESIDENT AND ACTING GENERAL MANAGER, APPLIANCES.
Haberman, 35, joins Sunbeam from McKinsey & Company, Inc., where he has
been a management consultant for six years, principally dealing with
marketing strategy, brand management and retail issues. Previously, he
was a brand manager for Procter & Gamble Company, where he had P&L
responsibility for Bounce fabric softener. He holds a B.S. degree in
Economics, Management and Marketing from the University of
Pennsylvania's Wharton School and an MBA from Columbia University.
/bullet/ JACK D. HALL, PRESIDENT, INTERNATIONAL. Hall, 53, has been Executive
Vice President, Worldwide Sales and Marketing Development for Revlon
Inc, where he has held a variety of senior sales and marketing
positions since 1986. Prior to joining Revlon, he spent six years with
International Playtex, Inc., in a various of sale capacities. His
experience also includes
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four years with Johnson & Johnson Baby Products and with Procter &
Gamble Co. .He holds a B.S. degree in Marketing and Psychology from
Miami University in Oxford, Ohio.
/bullet/ ANDREW C. HILL, VICE PRESIDENT AND GENERAL MANAGER, BLANKETS AND
CLIPPERS. Hill, 37, joined The Coleman Company is 1994 as Group Product
Manager for Specialty Products and in 1997, was promoted to Vice
President, Specialty Products. Previously, he was Director of Marketing
for Sunbeam-Oster, where he worked for eight years in a variety of
industrial design and marketing functions. Prior to joining Sunbeam, he
was an industrial designer for W.R. Grace, Inc., and before that, U.S.
Corrugated Fibre Box, Inc. He holds a B.S. degree in Industrial Design
from Auburn University.
/bullet/ JANET G. KELLEY, GENERAL COUNSEL. Kelley, 45, was named General Counsel
of Sunbeam in April. In her four years with the Company, she has had
responsibility for Federal securities law compliance, acquisitions
counsel, international legal matters, and other key legal,
environmental and risk management departments. Prior to joining Sunbeam
in 1994, she was a partner in a law firm in Louisville. A graduate of
Morehead State University with a B.A. in Political Science and
Philosophy, Kelley earned a J.D. at the University of Kentucky.
/bullet/ BOBBY JENKINS, EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER.
Jenkins, 36, is the former Chief Financial Officer of the Coleman
Company Outdoor Recreation Group. He joined Coleman from Marvel
Entertainment Group, where he served as Executive Vice President and
Chief Financial Officer for four years. He previously worked at Turner
Broadcasting System, Inc. and Price Waterhouse. He holds a B.S. degree
in Business Administration from the University of North Carolina.
/bullet/ PETER KING, PRESIDENT, ASIA/PACIFIC. King, 36, joined Coleman,
Australia as General Manager in 1997. Previously, he was Director of
Sales and Marketing for PUMA Australia, where he served for 13 years in
a variety of sales and marketing functions. Prior to joining Puma, he
was associated with CHP, Limited, a mining and resource company. King
holds a B.A. degree in Business Administration from the University of
Melbourne.
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/bullet/ RAFAEL LABRADOR, PRESIDENT & CHIEF EXECUTIVE OFFICER, EASTPAK.
Labrador, 53, joined Eastpak in 1997 from Liz Claiborne, Inc., where he
was President of International Operations. Previously, he was founding
CEO and a partner in a chain of specialty retailers in France, Spain,
Italy, Belgium and Portugal. Labrador, who has more than 20 years of
experience in operations and marketing, earned a B.S. degree in
Industrial Engineering at the Georgia Institute of Technology and an
MBA from the Harvard Business School.
/bullet/ ALBERT R. LAPIERRE, VICE PRESIDENT, MANAGEMENT INFORMATION SYSTEMS.
Lapierre, 46, joined Sunbeam in May from Coopers & Lybrand LLP
Consulting, where he was a consultant to Sunbeam on its conversion to
unified information systems. A graduate of Utah State University, he
holds an MBA in Management from Fairleigh Dickenson University.
/bullet/ AL LEFEVRE, VICE PRESIDENT AND CFO-HOUSEHOLD PRODUCTS GROUP. Lefevre,
38, was named Vice President, Finance, for Sunbeam's Household Products
in April. Lefevre, who joined Sunbeam in 1997 as a director of sales
operations, has extensive experience in finance and accounting,
including three years as finance director for the Gatorade subsidiary
of Quaker Oats as well as an auditor for Arthur Anderson. He earned a
B.S. degree in accounting at Valparaiso University.
/bullet/ TERRY J. MARSHALL, VICE PRESIDENT, SPECIAL MARKETS. Marshall, 55, joins
Sunbeam from Revlon Inc. where, as Vice President, Special Markets,
International, he developed functions to identify, control and
liquidate excess inventories. He joined Revlon's Prestige Fragrance and
Cosmetics Division in 1993 from Blue Bell International Inc., the
specialty cleaning products company he founded in 1992. Previously, he
spent 16 years with IKEA, as Vice President, Distribution Services for
North America. He joined IKEA from Canada Safeway Limited, where he
worked for 12 years. Marshall is a graduate of the University of
British Columbia.
/bullet/ LINDA MORGENSTERN, VICE PRESIDENT, LICENSING. Morgenstern, 45, joined
Sunbeam in June from Morningstar Media, Inc., the marketing and
licensing consulting company she founded in 1994. Previously, she
worked at Sony Corporation, where she headed Sony Wonder Division, a
family entertainment products division. She holds a B.A. degree from
Brooklyn College.
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/bullet/ RONALD J. (JOE) NOLD, SENIOR VICE PRESIDENT, OPERATIONS. Nold, 57, has
been with Coleman for 30 years, most recently as Executive Vice
President, Operations. He has had extensive senior management
experience in manufacturing and international business, including Vice
President, Manufacturing of Coast Catamaran Corp., President and
General Manager of Soniform, Inc., and General Manager of the
Manufactured Housing Division of Coleman. Nold holds a B.S. in
Industrial Arts from Fort Hays Kansas State College.
/bullet/ MICHAEL J. PAXTON, PRESIDENT, FIRST ALERT. Paxton, 52, has been
Chairman, President and CEO of O-Cedar Brands, Inc., since 1996. An
18-year veteran of Pillsbury/Grand Metropolitan PLC, he served as
President of the Pillsbury Baked Goods Division for three years before
being named President and CEO of the Haagen-Daz Company. He earned both
his BBA and MBA at the University of Cincinnati.
/bullet/ BILL PHILLIPS, SENIOR VICE PRESIDENT AND GENERAL MANAGER, COLEMAN.
Phillips, 45, has been Vice President and General Manager of Coleman's
Outdoor Recreation Division. In his 20 years with Coleman, he has
headed a variety of senior sales and management functions, including
field, regional and national sales.
/bullet/ RONALD R. RICHTER, VICE PRESIDENT AND TREASURER. Richter, 53, joined
Sunbeam in March as Treasurer and, for three months, served as acting
head of Investor Relations. Prior to joining Sunbeam, he was Group Vice
President/Senior Banker of the automotive group of ABN AMRO N.A. Bank
in Chicago. Previously, he was Managing Director of Bank of America, a
title he also held at Continental Bank. Richter earned both his BS and
MBA degrees at Northern Illinois University.
/bullet/ FRANZ SCHMID, PRESIDENT, LATIN AMERICA. Schmid, 45, who has been acting
President of International for Sunbeam since April, will return to his
previous position as head of Sunbeam's extensive Latin American
operations. Schmid, a native Venezuelan, is a 15-year Sunbeam veteran.
Before joining Sunbeam, he was Vice President of Sales & Marketing and
Director of Operations for Carsa Group, a leading Peruvian equipment
distributor. Schmid holds a B.A. in Economics from the Universidad
Catolica Andres Bello in Caracas, Venezuela, and a B.A. in Business
Administration from Universidad de Lima in Peru.
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/bullet/ DAVID J. SEIBEL, VICE PRESIDENT AND CFO, INTERNATIONAL. Seibel, 35,
joins Sunbeam from Revlon Inc., where he has been Director of
International Treasury since 1996. He also served as Acting Treasurer
of Coleman Inc. in 1997. Prior to joining Revlon, he was Director of
Global Treasury for Estee Lauder Companies. Previously, he was a
manager in the Treasury department of Allied Signal Inc., a position he
also held at Random House, Inc. A graduate of Worcester Polytechnic
Institute, with a B.S. degree in Finance, he earned an MBA in
International Finance at Fordam University.
/bullet/ PAUL E. SHAPIRO, EXECUTIVE VICE PRESIDENT AND CHIEF ADMINISTRATIVE
OFFICER. Shapiro, 57, was Executive Vice President, General Counsel of
the Coleman Company from July 1997 until its sale in March 1998. Before
joining Coleman, he was Executive Vice President, General Counsel and
Chief Administrative Officer of Marvel Entertainment Group. He had
previously spent over 25 years in private law practice and as a
business executive, most recently as a shareholder in the firm of
Greenberg Traurig. He holds LL.B. and J.D. degrees from the University
of Pennsylvania.
/bullet/ MARC R. SHIFFMAN, VICE PRESIDENT, CORPORATE DEVELOPMENT AND INVESTOR
RELATIONS. Shiffman, 31, headed Corporate Development-International &
Investor Relations, as well as Corporate Communications & Government
Affairs for The Coleman Company from February 1997 until its sale in
March 1998. Prior to joining Coleman, he held a management position in
Corporate Finance and Investor Relations for Revlon, Inc. He holds a
B.S. in Economics from the University of Pennsylvania's Wharton School,
and an MBA from The University of Chicago Graduate School of Business.
/bullet/ HIROSHI SUZUKI, PRESIDENT, JAPAN. Suzuki, 51, has been president of
Coleman Japan Co., Ltd., since 1990. Previously, he was Representative
Director of Yves St. Laurent Japan K.K. He has also worked in a variety
of senior management positions for Helene Curtis Japan, Warner Lambert
K.K., and Johnson & Johnson Far East, Inc. A graduate of Keio
University, Suzuki holds a B.A. in Law and a Masters degree in
International Management from the American Graduate School of
International Management.
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/bullet/ JOSEPH A. TADEO, VICE PRESIDENT AND GENERAL MANAGER, PROFESSIONAL
PRODUCTS. Tadeo, 51, has been Vice President, Sales and Marketing for
Sunbeam's Commercial Products, a position he held previously for the
Scott Paper Company. Tadeo also served as Chairman of Scott's Channel
Access Development Task Force, responsible for recommending a new
distribution strategy for the Company's world-wide businesses. Tadeo
holds a B.S. and an MBA from Drexel University.
/bullet/ GWEN C. WISLER, SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER,
OUTDOOR LEISURE GROUP. Wisler, 38, has been Vice President and CFO of
the International Division of The Coleman Company since 1997.
Previously, she was Vice President and Chief Accounting Officer of New
World Communications Group Incorporated. A former Senior Audit Manager
for Price Waterhouse LLP, where she worked for 12 years, Wisler also is
a former CFO of Cobb Partners, investment managers. She earned a joint
BSBA degree at Ohio State University.
Sunbeam Corporation is a leading consumer products Company that designs,
manufactures and markets, nationally and internationally, a diverse portfolio of
consumer products under such world-class brands as Sunbeam/registered
trademark/, Oster/registered trademark/, Grillmaster/registered trademark/,
Coleman/registered trademark/, Mr. Coffee/registered trademark/), First
Alert/registered trademark/, Powermate/registered trademark/, Health o
meter/registered trademark/, Eastpak/registered trademark/ and
Campingaz/registered trademark/.
# # #
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