People: Krause's Furniture (KAUSQ.PK)

KAUSQ.PK on OTC Markets Group - US Other OTC and Grey Market

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5 Apr 2012
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Summary

Name Age Since Current Position

Herbert Friedman

50 2000 President

Philip Hawley

75 1996 Chairman of the Board and Chief Executive Officer

Robert Burton

60 1999 Chief Financial Officer, Executive Vice President

K. James McTaggart

39 1999 Executive Vice President - Manufacturing and Distribution

Elizabeth Galliher

39 2000 Executive Vice President, Chief Information Officer

Thomas Delitto

48 1996 Vice Chairman of the Board

Kamal Abdul Nour

1996 Director

Jeffrey Coats

54 1996 Director

Peter Dailey

72 1996 Director

John Gavin

1996 Director

Brian Keil

36 2000 Director

Biographies

Name Description

Herbert Friedman

Herbert Friedman was named President on July 1, 2000. Prior to being named President, Mr. Freidman worked in the following positions for the Company: Executive Vice President of Merchandising, Product Development, Marketing and Stores from February 1999 to July 2000; Senior Vice President of Merchandising, Product Development, Marketing and Stores from April 1997 to February 1, 1999; Senior Vice President of Strategic Planning from April 1995 to April 1997; and Vice President of Merchandising from June 1989 to April 1995.

Philip Hawley

Philip Hawley has been Chairman and Chief Executive Officer since August 1996. He served as Chairman and Chief Executive Officer of The Broadway Stores, Inc. (formerly Carter Hawley Hale Stores, Inc.) from 1977 to 1993. Mr. Hawley has been the President and Chief Executive Officer of P. M. Hawley, Inc., since 1993. Mr. Hawley is a director of Aeromovel, U.S.A.

Robert Burton

Robert Burton was named Executive Vice President and Chief Financial Officer on February 1, 1999; he had been Senior Vice President and Chief Financial Officer of the Company from December 1996 to February 1999. Mr. Burton was an independent financial consultant from January 1995 to November 1996.

K. James McTaggart

K. James McTaggart was named Executive Vice President of Manufacturing and Distribution on February 1, 1999. Mr. McTaggart worked in the following positions for the Company: Senior Vice President of Manufacturing and Distribution from April 1996 to February 1999; and Vice President of Distribution and Logistics from February 1996 to March 1996. Mr. McTaggart was the Vice President of Distribution/Logistics at Stanley Works-Door Systems from March 1995 to February 1996; and served in other manufacturing and distribution positions at Stanley Works-Door Systems from November 1985 to March 1995.

Elizabeth Galliher

Elizabeth A. Galliher was named Executive Vice President and Chief Information Officer on August 22, 2000; she had previously been Vice President, Information Systems since February 1997. Ms. Galliher was Director, Information Technology at VitalCom.Inc., from September 1996 to February 1997 and Manager, Planning & Integration at Gannett Outdoor from February 1995 to August 1996.

Thomas Delitto

Thomas Delitto has been a director since June 1991 and Vice Chairman since December 1994. Mr. DeLitto was previously the Company's Chief Executive (from April 1995 to August 1996), President and Chief Executive Officer (from July 1992 to December 1994), and Executive Vice President and Chief Operating Officer (from June 1991 to July 1992). Mr. DeLitto has been a director of Permal Capital Management, Inc. ("Permal"), a wholly owned subsidiary of Worms & Co., Inc. ("Worms"), since March 1991. He was Permal's President from March 1991 to August 2000 and has been Chief Executive Officer since August 2000. Mr. Delitto was Worms' Executive Vice President from February 1996 to June 1998, Chief Administrative Officer from June 1998 to May 2000 and has been Chief Operating Officer since May 2000.

Kamal Abdul Nour

Kamal Abdelnour has been a director since September 1996 and had previously served as a director from February 1993 to August 1996 when he resigned in connection with the Company's recapitalization. Since 1980 Mr. Abdelnour has been President, Chief Executive Officer and a director of ATCO Development, Inc. ("ATCO"). ATCO is engaged in the business of investments, real estate ownership and management, and export sales. Mr. Abdelnour currently also serves as a director of Permal Management Corporation, an indirect, wholly owned subsidiary of Worms & Co., Inc.

Jeffrey Coats

Jeffrey Coats has been a director since August 1996. He is the founder of TH Lee Global Internet Managers, L.P., where he served as Managing Director from July 1999 to the present. From April 1996 to July 1999, he served as a Managing Director of GE Equity, a wholly owned subsidiary of GE Capital, during which time he managed GE Equity's Consumer Group and was responsible for strategic and financial investments involving the Internet, eCommerce, media and entertainment, and retail and consumer products and services. From February 1994 to April 1996, Mr. Coats served as President of Maverick Capital Equity Partners, LLC, an investment firm. From May 1993 to January 1994, Mr. Coats served as a Managing Director of Veritas Capital, Inc., also an investment firm. From September 1991 to April 1993, Mr. Coats served as a Managing Director of GE Capital Corporate Finance Group, Inc., a wholly owned subsidiary of GE Capital. Currently Mr. Coats is a director of Wink Communications, autobytel.com Inc., and MyTurn.

Peter Dailey

Hon. Peter Dailey has been a director since September 1996. From April 1994 to January 1997, Mr. Dailey, served as the Director, Chairman and Chief Executive Officer of Memorex Telex, NV, a worldwide technology company headquartered in Amsterdam, the Netherlands. Prior to returning to government service, he served as a director of the Walt Disney Co. and the Interpublic Group of Companies. From 1985 to 1992, Mr. Dailey was a member of President's General Advisory Committee on Arms Control and Disarmament. From 1985 to 1988, Mr. Dailey served as counselor to the Director of the Central Intelligence Agency. In 1985, he was special Presidential envoy to NATO countries. He served as Ambassador to Ireland from 1982 to 1984. In 1968, Mr. Dailey founded Enniskerry Financial, Ltd., a private investment company, and is currently its Chairman of the Board. Mr. Dailey is also a member of the Board of Directors of Jacobs Engineering Group, Inc. and Wirthlin Worldwide.

John Gavin

Hon. John Gavin has been a director since September 1996. He has been a Managing Director and Partner of Hicks, Muse, Tate and Furst (Latin America), a private equity investment firm, since 1995. He is also the founder and Chairman of the Board of Directors of Gamma Holdings, an international capital and consulting firm. He is a member of the Board of Directors of Apex Mortgage Capital and International Wire Group. He also acts as a trustee and director of certain Merrill Lynch funds.

Brian Keil

Mr. Keil has served as a director since July 2000. He is currently a Vice President of GE Capital Equity Capital Group, Inc. Mr. Keil has served in various positions within GE Capital Equity Capital Group, Inc. since November 1999. Prior to joining GE Capital, Mr. Keil was employed by the Capital Trust Group, a private investment firm located in New York, from January 1, 1997 to October 1999. From June 1994 to December 1996, Mr. Keil was employed by Bain & Company, a management consulting firm.

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