verland Data, Inc. designs, develops, manufactures, markets and supports magnetic tape data storage automation solutions.
Total number of shares outstanding as of March 21, 2000 10,100,000
Price of each share of common stock on March 21, 2000 $14.38
Aggregate market value as of March 21, 2000 $145,238,000.00
For year ended June 30, in thousands, except per-share data
1999 1998 1997
Net sales $92,227 $75,164 $59,146
Net income (loss) $3,982 $2,792 $3,100
Net income (loss) per share $0.37 $0.25 $0.33
Total assets $56,230 $53,996 $48,260
Scott McClendon, 60, has been director, president and CEO since October 1991.
Martin D. Gray, 51, was a co-founder of the company and director since 1980. He served as assistant secretary since November 1997.
Peter Preuss, 56, served as director since September 1998. He is a private investor. Since 1985, he served as president of The Preuss Foundation, Inc., a nonprofit corporation that sponsors cancer research. He is also a director of DepoTech Corp. and network Computing Devices. He is also a regent of the University of California.
John A. Shane, 66, served as director since July 1992. Since 1972, he served as president of Palmer Service Corp., a venture capital firm. He is also a director of Arch Communications Group, Inc., Gensym Corp., and United Asset Management Corp.
Officers Cash Compensation
Scott McClendon, president and CEO $336,633
Frank Kirchhoff, vice president of sales $195,017
Steven Richardson, vice president of marketing $199,685
Robert Scroop, vice president of engineering $150,368
Martin Gray, vice president, chief technology officer and assistant secretary $161,384
Significant Stock Ownership
Number of shares Percent
Sept. 15, 1999
Martin Gray 1,761,007 17.5
Anne Otterson 566,124 5.6
Scott McClendon 533,380 5.3
All directors and officers as a whole (10 persons) 3,385,938 33.6
Headquarters: 8975 Balboa Ave., San Diego, CA 92123-1599; (858) 571-5555; fax (858) 627-3866; (www.overlanddata.com)
Auditors: PricewaterhouseCoopers LLP, San Diego
Information was compiled from the company’s recent 10-K and DEF 14A filings.