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United States

Eastern Co (EML.O)

EML.O on Consolidated Issue listed on NASDAQ Global Market

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2 Dec 2016
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Summary

Name Age Since Current Position

James Mitarotonda

61 2016 Chairman of the Board

August Vlak

49 2016 President, Chief Executive Officer

John Sullivan

59 2006 Chief Financial Officer, Vice President

Angelo Labbadia

57 2015 Chief Operating Officer, Vice President

Leonard Leganza

85 2015 Director

John Everets

67 1993 Independent Director

Charles Henry

64 1989 Independent Director

David Robinson

71 1990 Independent Director

Donald Tuttle

65 1988 Independent Director

Biographies

Name Description

James Mitarotonda

Mr. James A. Mitarotonda is Chairman of the Board of the Company., effective January 1, 2016. Mr. Mitarotonda is the Chairman, President and Chief Executive Officer of Barington Capital Group, L.P., an investment firm. He currently serves as a director of A. Schulman, Inc., OMNOVA Solutions Inc., The Pep Boys - Manny, Moe & Jack and Barington/Hilco Acquisition Corp. He is a former director of a number of publicly traded companies, including The Jones Group Inc., Griffon Corporation, Gerber Scientific, Inc., Register.com, Inc. and Ameron International Corporation. Mr. Mitarotonda received an M.B.A. from New York University’s Graduate School of Business Administration (now known as the Stern School of Business) and a B.A. in Economics from Queens College, where he now serves as a member of the Board of Trustees.

August Vlak

Mr. August (Gus) Vlak is President, Chief Executive Officer of the Company., effective January 1, 2016. Mr. Vlak has been a management consultant and, most recently, a Senior Advisor to Barington Capital Group, L.P. He was previously a Partner at Katzenbach Partners, a Senior Advisor at Booz & Company, a consultant at McKinsey & Company and an investment banker at Lehman Brothers, and has worked in Cleveland, New York, Hong Kong and London. Mr. Vlak’s consulting work focused on growth strategy and operational performance improvement at more than 50 companies - including leading domestic and global industrial enterprises - where he has worked directly with numerous senior management teams and boards of directors. He received an MBA from Stanford University and a B.A. in Economics from Amherst College.

John Sullivan

Mr. John L. Sullivan III, is Chief Financial Officer, Vice President of Eastern Company. He was appointed Chief Financial Officer on December 13, 2006. Prior to that, he was the Vice President, Treasurer and Secretary of the Company.

Angelo Labbadia

Mr. Angelo M. Labbadia is Chief Operating Officer, Vice President of the Company. Mr. Labbadia has been with the Company since May 4, 2009 as Vice President and Managing Director of the Frazer & Jones Division in Syracuse, NY, the Metal Products division of the Company. Mr. Labbadia was previously employed by Scapa North America, Inc, a subsidiary of Scapa Group, PLC (a UK public Company) as Executive Vice President for the North American Operations which included 5 operating sites in the US and Canada. In addition, he also served as a member of the Executive Management Team for Scapa Group PLC who worked in conjunction with the Board in the development and implementation of global short and long term business plans for the corporation. The Eastern Company is a 157-year-old manufacturer of industrial hardware, security products and metal castings. It operates from 13 locations in the U.S., Canada, Mexico, Taiwan and China. The diversity of the Company’s products helps it to respond to the changing requirements of a broad array of markets.

Leonard Leganza

Mr. Leonard F. Leganza is Director of the Company. He is no longer Chairman of the Board, President, Chief Executive Officer of Eastern Company., effective December 31, 2015. He has been has been President and Chief Executive Officer of the Company since April 1997 and was appointed Chairman in December of 2006. Mr. Leganza also serves on the Board of Directors of the Republican-American newspaper. Mr. Leganza has served as a Director of the Company for more than 30 years, from 1980 through the present. He is a Certified Public Accountant who practiced with the firm Ernst & Ernst (now Ernst & Young) for several years. He also served as a Director, Executive Vice President and Chief Financial Officer of Scovill, Inc., a NYSE company, for twenty years. In addition to his operations and financial experience, his several years of directorships in public and private companies and non-profit institutions have provided him with knowledge of governance issues. He brings experiences to the leadership of the Company. Mr. Leganza serves on the Executive Committee.

John Everets

Mr. John W. Everets is an Independent Director of Eastern Company. He has been has been Chairman and CEO of SBM Financial in Portland, Maine since June 2010. He previously was Chairman of Yorkshire Capital in Boston, Massachusetts from January 2006 through May 2010 and he was President and CEO of G.E. H.P.S.C. in Boston, Massachusetts from January 2004 through December 2005. Mr. Everets has been a Director of the Company since 1993 and serves on the Audit and Compensation Committees. Mr. Everets has also served on the Boards of M.F.I. Inc and Financial Security Assurance (FSA). Mr. Everets’ years of experience as Chairman of H.S.B.C., an asset lending company now part of General Electric. With that background, he serves as Chairman of the Company’s Audit Committee.

Charles Henry

Mr. Charles W. Henry is an Independent Director of Eastern Company. He is an attorney and partner with the law firm Henry & Federer, LLP located in Woodbury, Connecticut. Mr. Henry has been a Director of the Company since 1989 and serves on the Audit, Compensation and Executive Committees. His firm does not provide any services to the Company.

David Robinson

Mr. David C. Robinson is an Independent Director of Eastern Company. He has been a business consultant since August of 2006. He previously was employed as a Managing Director with the Sinclair-Robinson Group, an insurance agency, in Wallingford, Connecticut for the period from August 2004 through November 2005. Prior to that, he was President of The Robinson Company, a general insurance agency located in Waterbury, Connecticut. Mr. Robinson has been a Director of the Company since 1990 and currently serves on the Audit, Compensation and Executive Committees. Mr. Robinson has knowledge in the areas of pensions and other employee benefits. His background as an actuary and head of his own insurance agency, prior to its sale, provides the Company with many years of experience in the areas of employee benefits and risk management.

Donald Tuttle

Mr. Donald S. Tuttle III is an Independent Director of Eastern Company. He has been has been a business and investment consultant since May of 2008. He previously was employed by UBS Financial Services, Inc., in Middlebury, Connecticut as Vice President of Investments. Mr. Tuttle has been a Director of the Company since 1988 and serves on the Audit, Compensation and Executive Committees. Mr. Tuttle is a descendent of Eben Tuttle, an original founder of the Company in 1858. Mr. Tuttle has a long relationship with the Company, its history and products. His previous career as a UBS financial advisor provides the Company with advice, if needed, with respect to the Company’s needs in the marketplace for public companies.

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