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Franklin A. Jacobs
Chairman and chief executive
Falcon makes commercial furniture for the hospitality, office; fast-food restaurant and food-service markets. The company reported a profit of $600,000, or seven cents a share, on sales of $222 million for the year ended Oct. 30, 1999. The company's common stock is traded on the New York Stock Exchange under the symbol FCP. The following information is taken from the company's 2000 and 1999 proxies, which list Jan. 18, 2000, and Jan. 20, 1999, as dates of record.
EXECUTIVE COMPENSATION
Name and position Year Salary Bonus [LTIP.sup.1]
Franklin A. Jacobs 1999 $653,846 $60,000 0
Chairman and cheif executive 1998 $598,377 0 0
Darryl Rosser 1999 $326,923 $66,472 0
President amd cheif operating officer 1998 $297,535 0 0
Michael J. Dreller 1999 $157,462 $32,035 0
Vice president-finance and 1998 $142,519 0 0
cheif financial officer
Richard Hnatek 1999 $159,340 $32,035 0
Senior vice president-quality 1998 $155,008 0 0
Michael J. Kula 1999 $169,154 $34,037 0
Vice president-corporate 1998 $163,346 0 0
technology and development
Name and position Total
Franklin A. Jacobs $713,846
Chairman and cheif executive $598,377
Darryl Rosser $393,395
President amd cheif operating officer $297,535
Michael J. Dreller $189,497
Vice president-finance and $142,519
cheif financial officer
Richard Hnatek $191,375
Senior vice president-quality $155,008
Michael J. Kula $203,191
Vice president-corporate $163,346
technology and development
(1.)Long-term incentive pay
SIGNIFICANT STOCK OWNERSHIP [2]
Total ...