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Flexsteel Industries Inc (FLXS.OQ)

FLXS.OQ on NASDAQ Stock Exchange Global Select Market

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Summary

Name Age Since Current Position

Eric Rangen

61 2016 Independent Chairman of the Board

Jerald Dittmer

61 2018 President, Chief Executive Officer, Director

Marcus Hamilton

45 2018 Chief Financial Officer

Timothy Hall

2018 Treasurer, Secretary

Jeffrey Bertsch

63 2018 Director

William Creekmuir

63 2019 Director

Mary Bottie

60 2003 Independent Director

Michael Edwards

58 2016 Independent Director

Thomas Levine

69 2010 Independent Director

Robert Maricich

68 2010 Independent Director

Nancy Uridil

66 2010 Independent Director

Biographies

Name Description

Eric Rangen

Mr. Eric S. Rangen is Independent Chairman of the Board of the Company. He is Retired Executive Vice President - Strategic Initiatives, 2015 to 2017, Optum (part of UnitedHealth Group), Senior Vice President and Chief Accounting Officer, 2006 to 2015, UnitedHealth Group (a public diversified health and well-being company); Executive Vice President and Chief Financial Officer, 2001 to 2006, Alliant Techsystems Inc. (a public advanced weapons and space systems company); Partner 1994 to 2001, Deloitte & Touche LLP (an international accounting firm); Director and Audit Committee Chair, 2015 to 2017, International Market Centers, L.P. (owner and operator of markets and showrooms for the furniture, home décor and gift industries in High Point, NC and Las Vegas, NV).

Jerald Dittmer

Mr. Jerald K. Dittmer is President, Chief Executive Officer, Director of the Company. Dittmer comes to Flexsteel with more than 25 years of experience in the furniture industry including leadership positions with HNI Corporation and its subsidiaries. Most recently he served as President of the HON Company, a large office furniture designer and manufacturer. Appointed president of HON Company in 2008, Dittmer successfully positioned the $1+ billion business to weather the recession and grew Earnings Before Interest and Taxes (EBIT) and gross margins to greater than pre-recession levels by realigning the manufacturing footprint and transforming go-to-market capabilities resulting in significant profitable sales growth in a three-year period. Prior to being named CFO in 2001, Dittmer held multiple executive roles within HNI and HON including Group Vice President, Seating and Wood Products; General Manager, Oak Steel, Chief Information Officer, HNI Corporation; Controller, Gunlocke Company and MAXON; and Assistant Corporate Controller and Director, Internal Audit, HNI. Before joining HNI in 2001, Dittmer, who earned his BS at Iowa State University, held positions with PricewaterhouseCoopers, Crown Zellerbach, HAVI Corporation and Arthur Andersen.

Marcus Hamilton

Mr. Marcus D. Hamilton is Chief Financial Officer of the company. He was the Global Vice President - Finance for Valspar Paints, a global industrial coatings and consumer paints company, from 2014 - 2017. Before joining Valspar, Mr. Hamilton was the Chief Financial Officer of Ames True Temper, a manufacturer of non-powered lawn and garden equipment, from 2011- 2014. Other relevant financial positions include over a decade at Stanley Black & Decker and work at FCI, a global manufacturer of electronic connectors. Mr. Hamilton received his BBA in Finance and Commercial Law at Western Michigan University and obtained his MBA from the University of Maryland.

Timothy Hall

Mr. Timothy E. Hall is Treasurer, Secretary of the Company. He is no longer Chief Financial Officer of the company effective June 30, 2018. He was the Global Vice President - Finance for Valspar Paints, a global industrial coatings and consumer paints company, from 2014 - 2017. Before joining Valspar, Mr. Hamilton was the Chief Financial Officer of Ames True Temper, a manufacturer of non-powered lawn and garden equipment, from 2011- 2014. Other relevant financial positions include over a decade at Stanley Black & Decker and work at FCI, a global manufacturer of electronic connectors. Mr. Hamilton received his BBA in Finance and Commercial Law at Western Michigan University and obtained his MBA from the University of Maryland.

Jeffrey Bertsch

Mr. Jeffrey T. Bertsch is Director of the Company. He is Retired Senior Vice President Corporate Services, 2004 to 2015, Flexsteel Industries, Inc., Vice President Corporate Services, 1989 to 2004, Flexsteel Industries, Inc.; Director, American Trust and Savings Bank (an Iowa bank).

William Creekmuir

Mr. William S. Creekmuir is Director of the company. Mr. Creekmuir has over 30 years of experience in the home furnishings industry and currently serves as President of Atlanta-based Pinnacle Search Partners, a global executive search firm. Mr. Creekmuir's appointment expands Flexsteel's Board of Directors to nine members and he will serve on the Board's Audit and Ethics committee and Nominating and Governance committee.

Mary Bottie

Ms. Mary C. Bottie is Independent Director of the Company. She is Retired Vice President, Motorola, Inc. Marketing and General Management (a public integrated communications and embedded electronic solutions company).

Michael Edwards

Mr. Michael J. Edwards is Independent Director of the Company. He is Former Chief Executive Officer, 2015 to 2017, eBags.com (a leading online bag retailer owned by Samsonite); Global Chief Merchandising Officer, 2012 to 2015, Staples (an office supplies retailer); President and Chief Executive Officer, 2010 to 2011, Executive Vice President and Chief Merchandising Officer, 2009 to 2010, Borders Group, Inc. Borders Group, Inc. filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code on February 16, 2011. Multiple executive positions with various retailers.

Thomas Levine

Mr. Thomas M. Levine is Independent Director of the Company. He is Independent Management Advisor, 1995 to present; Executive Vice President, 1982 to 1999, Fostin Capital Corp (a venture capital investment management company); Vice President, 1982 to 1994, Foster Industries, Inc. (a private investment company); Partner, 1980 to 1982, Associate, 1974 to 1979, Berkman Ruslander Pohl Lieber & Engel (a corporate law firm).

Robert Maricich

Mr. Robert J. Maricich is Independent Director of the Company. He is Chief Executive Officer, May 2011 to present, International Market Centers, L. P. (owner and operator of markets and showrooms for the furniture, home décor and gift industries in High Point, NC and Las Vegas, NV); President and Chief Executive Officer, 2008 to 2011, of the predecessor company, World Market Center Ventures LLC; President and Chief Executive Officer, 2000 to 2007 and Senior Vice President, 1996 to 1999, Century Furniture Industries, Inc. (a furniture manufacturer); President, 1990 to 1996 of two operating companies of LADD Furniture Co., Inc. (a furniture manufacturer).

Nancy Uridil

Ms. Nancy E. Uridil is Independent Director of the Company. She is Retired Senior Vice President, 2005 to 2014, Moen Incorporated (fashion plumbing and durable goods); Senior Vice President, 2000 to 2005, Estee Lauder Companies (cosmetics and hair care); Senior Vice President, 1996 to 2000, Mary Kay, Inc. (cosmetics and direct selling); Multiple positions,1974 to 1996, Procter & Gamble Co. (consumer goods manufacturer). Director, Federal Home Loan Bank of Cincinnati.

Basic Compensation

Name Fiscal Year Total

Eric Rangen

124,997

Jerald Dittmer

--

Marcus Hamilton

690,511

Timothy Hall

525,371

Jeffrey Bertsch

89,997

William Creekmuir

--

Mary Bottie

101,497

Michael Edwards

101,497

Thomas Levine

108,997

Robert Maricich

101,497

Nancy Uridil

101,497
As Of  30 Jun 2018