People: School Specialty, Inc. (SCHS.O)
SCHS.O on Nasdaq
21.34USD
9 Feb 2010
21.34USD
9 Feb 2010
Price Change (% chg)
$0.35 (+1.67%)
$0.35 (+1.67%)
Prev Close
$20.99
$20.99
Open
$21.28
$21.28
Day's High
$21.44
$21.44
Day's Low
$21.13
$21.13
Volume
46,107
46,107
Avg. Vol
106,475
106,475
52-wk High
$25.29
$25.29
52-wk Low
$12.43
$12.43
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
| Lay, Terry | 61 | 2006 | Non-Executive Chairman of the Board |
| Vander Zanden, David | 54 | 2009 | President, Chief Executive Officer, Director |
| Vander Ploeg, David | 50 | 2008 | Chief Financial Officer, Executive Vice President |
| Cessna, Gregory | 52 | 2008 | Executive Vice President - Educational Resources |
| Korte, Steven | 54 | 2009 | Executive Vice President - Publishing |
| Ledecky, Jonathan | 51 | 1998 | Director |
| Emma, Edward | 54 | 2006 | Director |
| Woods, Jacqueline | 61 | 2006 | Director |
| Trucksess, Herbert | 60 | 2007 | Director |
| Dout, A. Jacqueline | 54 | 2007 | Director |
Biographies
| Name | Description |
|---|---|
| Lay, Terry | Mr. Lay is Non-Executive Chairman of the Board of School Specialty inc. He is Director of School Specialty since June 2004 and was appointed non-executive Chairman of the Board in February 2006. Mr. Lay, who is retired, served as the Chief Executive Officer of Haggar Clothing Co. from October 2007 through March 2009. Mr. Lay had previously been retired from VF Corporation since June 2005, having served as its Vice President and Chairman – Global Jeanswear Coalition. Previously, he served as Vice President and Chairman – Outdoor and International Jeanswear Coalitions. In October 2000, Mr. Lay was named Vice President Global Processes for VF Corporation in addition to his role as Chairman of VF’s International Jeanswear Coalition, which he held from March 1999 until his retirement. He previously served as President of the Lee Apparel Company. |
| Vander Zanden, David | Mr. David J. Vander Zanden serves as President, Chief Executive Officer, Director of School Specialty Inc. He has served as Chief Executive Officer of School Specialty since September 2002. He served both as President and Chief Executive Officer from September 2002 to March 2007 and as Interim Chief Executive Officer from March 2002 to September 2002. Mr. Vander Zanden served as President and Chief Operating Officer from March 1998 to March 2002. From 1992 to March 1998, he served as President of Ariens Company, a manufacturer of outdoor lawn and garden equipment. Mr. Vander Zanden has served as a Director of School Specialty since June 1998. |
| Vander Ploeg, David | Mr. Vander Ploeg is Chief Financial Officer, Executive Vice President of School Specialty inc since April 2008. Mr. Vander Ploeg was most recently Chief Operating Officer of Dutchland Plastics Corp., a molded products manufacturer based in Oostburg, Wisconsin. Before joining Dutchland, he was Executive Vice President and Chief Financial Officer at Schneider National, Inc., Green Bay, Wisconsin, a global leader in transportation and logistics services. During a 24-year career at Schneider National, he advanced through several positions of increasing responsibility, including Director of Planning and Budgeting, Group Controller, Vice President of Finance, and Senior Vice President-Operating Chief Financial Officer, prior to being named Executive Vice President and Chief Financial Officer in 2004. |
| Cessna, Gregory | Mr. Cessna is Executive Vice President - Educational Resources of School Specialty Inc. He joined School Specialty in July 2005 as the President of Education Essentials and corporate Executive Vice President. With the formation of the Company’s Educational Resources segment in fiscal 2009 Mr. Cessna’s title became Executive Vice President of Educational Resources. From 1999 until joining School Specialty, Mr. Cessna served as the Executive Vice President of PolyVision Corporation, A Steelcase Company. PolyVision Corporation was a manufacturer of Visual Communication products for the education and office products market. Mr. Cessna was President of ABB Process Analytics, a manufacturer of on-line analytical instruments, from 1990 until 1999. |
| Korte, Steven | Mr. Korte is Executive Vice President - Publishing of School Specialty inc. He joined School Specialty in September 2005 as a result of the Delta Education LLC acquisition and was appointed President, Publishing Group and corporate Executive Vice President shortly thereafter. With the formation of the Company’s Publishing segment in fiscal 2009, Mr. Korte’s title became Executive Vice President of Publishing. From January 2004 to August 2005, Mr. Korte held the position of President and COO of Delta Education LLC. For the prior ten years 1994-2003, Mr. Korte was the President of Rigby Education/Harcourt Supplemental Publishers, a division of Reed Elsevier plc. |
| Ledecky, Jonathan | Mr. Ledecky is Director of School Specialty inc since June 1998 and was an employee of School Specialty from June 1998 to June 2000. He is currently President, Secretary and a director of Triplecrown Acquisition Corp., a publicly-traded Special Purpose Acquisition Corporation formed in October 2007. He previously served in the same capacities with Endeavor Acquisition Corp. from 2005 to 2007. He is also Chairman of the Ledecky Foundation, a philanthropic organization, and Chairman of Ironbound Partners Fund LLC, a private investment management fund. |
| Emma, Edward | Mr. Emma is Director of School Specialty inc since June 2006. He has been President and Chief Operating Officer of Jockey International, Inc. since 1995, and has served in various management roles at Jockey International since 1991. Mr. Emma has been a Director of Jockey International since 1994. |
| Woods, Jacqueline | Ms. Woods is Director of School Specialty inc since December 2006. Ms. Woods is the retired President of AT&T Ohio, formerly SBC Ohio, and currently is a senior consultant with the Landau Public Relations firm. She is also a Director of The Timken Company, The Andersons, Inc., University Hospitals and Playhouse Square Foundation. Additionally, she is trustee of Kent State University and Muskingum College. |
| Trucksess, Herbert | Mr. Trucksess is Director of School Specialty inc since February 2007. He is the Chairman of Saia, Inc., previously SCS Transportation Inc., a less-than-truckload transportation and supply chain solutions business. Prior to leading Saia, Mr. Trucksess was Chief Financial Officer at Saia’s former parent, Yellow Corporation (now YRC Worldwide) and previously held executive positions with affiliates of Sun Company (now Sunoco, Inc.). |
| Dout, A. Jacqueline | Ms. Dout is Director of School Specialty inc since August 2007. She retired at the end of 2008 from Pella Corporation, a designer, tester, manufacturer and installer of windows and doors, as Senior Vice President, Chief Financial Officer and Secretary, having joined the company in 2002. Prior to joining Pella, Ms. Dout was President of JJB Enterprises, Inc., a strategic and financial consulting firm. From 1994 to 1998, she was Executive Vice President and Chief Financial Officer of Champion Enterprises, Inc., a manufactured home builder and retailer, and before that was Vice President and Treasurer for IMCERA Group, Inc., a maker and seller of medical products. Ms. Dout was Director, chairperson of the audit committee and a member of the compensation committee of Cavco Industries, Inc., a producer of manufactured housing, park model and cabin vacation homes, until her retirement in 2008. She has served on numerous education boards, including the Iowa State Board of Education and several university boards. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
| Lay, Terry | -- |
| Vander Zanden, David | 1,810,300 |
| Vander Ploeg, David | 416,604 |
| Cessna, Gregory | 555,874 |
| Korte, Steven | 559,934 |
| Ledecky, Jonathan | -- |
| Emma, Edward | -- |
| Woods, Jacqueline | -- |
| Trucksess, Herbert | -- |
| Dout, A. Jacqueline | -- |
As Of 24 Apr 2009
Options Compensation
| Name | Options | Value |
|---|---|---|
| Lay, Terry | 0 | 0 |
| Vander Zanden, David | 414,353 | 15,569,692 |
| Vander Ploeg, David | 0 | 0 |
| Cessna, Gregory | 0 | 0 |
| Korte, Steven | 0 | 0 |
| Ledecky, Jonathan | 0 | 0 |
| Emma, Edward | 0 | 0 |
| Woods, Jacqueline | 0 | 0 |
| Trucksess, Herbert | 0 | 0 |
| Dout, A. Jacqueline | 0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
| VANDER ZANDEN DAVID J | 4,925 | $25.15 |
| VANDER ZANDEN DAVID J | 35,164 | $25.15 |
| VANDER ZANDEN DAVID J | 50,000 | $17.69 |
| EMMA EDWARD C | 600 | $19.55 |
| EMMA EDWARD C | 400 | $19.59 |
| LEDECKY JONATHAN J | 1,200 | $0.00 |
| LAY TERRY L | 1,200 | $0.00 |
| WOODS JACQUELINE F | 1,200 | $0.00 |
| EMMA EDWARD C | 1,200 | $0.00 |
| DOUT JACQUELINE A | 1,200 | $0.00 |
| TRUCKSESS HERBERT A III | 1,200 | $0.00 |
| DOUT JACQUELINE A | 2,000 | $20.38 |
| VANDER ZANDEN DAVID J | 3,336 | $15.00 |
| VANDER ZANDEN DAVID J | 2,607 | $19.19 |
| CESSNA GREGORY D | 2,000 | $12.80 |
| VANDER PLOEG DAVID | 1,000 | $13.74 |
| VANDER PLOEG DAVID | 1,000 | $16.14 |
| TRUCKSESS HERBERT A III | 1,000 | $29.69 |
| DOUT JACQUELINE A | 1,100 | $0.00 |
| EMMA EDWARD C | 1,100 | $0.00 |
| WOODS JACQUELINE F | 1,100 | $0.00 |
| TRUCKSESS HERBERT A III | 1,100 | $0.00 |
| LEDECKY JONATHAN J | 1,100 | $0.00 |
| LAY TERRY L | 1,100 | $0.00 |
| LEDECKY JONATHAN J | 414,079 | $31.03 |





