PRINTRONIX INC.
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ADDRESS: 17500 Cartwright Road, Irvine.
BUSINESS: The company designed, manufactures and markets business printers for use with microcomputers and mainframe computers.
ASSETS: $82.3 million (at Sept. 25).
NUMBER OF EMPLOYEES: 1,500.
TOP EXECUTIVES:
Name: Robert A. Kleist Position: President, chief executive officer, chief financial officer Compensation: $195,060
Name: Melvin Posin Position: Senior vice president, sales Compensation: 152,378
Name: Michael G. de Nicola Position: Senior vice president, chief operations officer Compensation: 151,716
Name: David W. Mayne Position: Senior vice president, corporate development, and secretaryCompensation: 144,512
Name: J. Edward Belt Position: Senior vice president, engineering, and chief technical officer Compensation: 132,018
Source: Printronix proxy report dated July 7.
BOARD OF DIRECTORS
Name: Robert A. Kleist Age: 58 Occupation: President, chief executive officer of the company Shares owned: 582,172 % of total shares: 12.8
Name: David W. Mayne Age: 56 Occupation: Senior vice president and secretary of the company Shares owned: 267,343 % of total shares: 5.9
Name: Melvin Posin Age: 62 Occupation: Senior vice president of the company Shares owned: 113,146 % of total shares: 2.5
Name: Bruce T. Coleman Age: 48 Occupation: President and chief executive, Boole and Babbage Inc. Shares owned: 10,015 % of total shares: 0.2
Name: John R. Dougery Age: 47 Occupation: General partner, Dougery, Jones & Wilder Shares owned: 8,875 % of total shares: 0.2
Name: Erwin A. Kelen Age: 52 Occupation: President and chief executive, DataMyte Corp. Shares owned: 20,300 % of total shares: 0.4
Name: Jerry F. Kelley Age: 54 Occupation: Independent investor, former executive of the company Shares owned: 22,251 % of total shares: 0.5
* Includes stock-purchase rights.
Source: Printronix proxy report dated July 7.
OTHER MAJOR SHAREHOLDERS
Shares % of total Name owned shares Scudder, Stevens & Clark Ltd., New York 245,000 5.4
FINANCIAL RESULTS
Fiscal year ends in late March. Earnings and revenue in millions of dollars.
6 months 1988 1987 1986 1985 Sales $58.5 $123.7 $131.9 $148.4 Earnings (loss) (1.0) (4.9) (11.7) 7.1 Per share (0.23) (1.04) (2.38) 1.47
STOCK DATA
Stock exchange, symbol NASDAQ, PTNX
Shares outstanding (Nov. 3) 4,581,195
52-week high $14.75
52-week low $6.625
Friday’s closing price per share $9,unchanged
Market value of common stock $41.2 million
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