BNET Industries
Market Cap:$383.4M
Last Fiscal Year Sales:$925.5M
- Public
- US
Dow Jones Description
Apogee Enterprises, Inc. was incorporated under the laws of the State of Minnesota in 1949. Through its subsidiaries, the Company believes it is a world leader in certain technologies involving the design and development of value-added glass products, services and systems. Unless the context otherwise requires, the terms Company, Apogee, we, us and our as used herein refer to Apogee Enterprises, Inc. and its subsidiaries. The Company is comprised of two reporting segments to match the markets they serve: The Architectural Products and Services segment designs, engineers, fabricates, installs, maintains and renovates the walls of glass and windows comprising the outside skin and entrances of commercial and institutional buildings. For fiscal 2009, our Architectural Products and Services segment accounted for 92 percent of our net sales.
Chairman, President & CEORussell Huffer
Number of Employees 4,422
Contact Information
7900 Xerxes Ave S Ste 1800
Minneapolis, Minnesota 55431-1105
(952) 835-1874
Peer Companies
NAICS Code Glass Product Manufacturing Made of Purchased Glass: 327215
Recent Events
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Apogee revenue falls 24% in Q1
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APOG: CEO Comments on Record FY09 Results and "Strong Financial Condition"
News & Analysis
Filter by
apogee enterprises inc. - All News and Analysis
Apogee Enterprises: Getting in Cheap Near Cyclical Lows
Paul Price submits: Apogee Enterprises. (NDQ:APOG) May 14, 2009: $11.85 9:45 AM EST 52-week range: $5.32 (Nov. 21, 2008) - $26.00 (Jun. 4, 2008) by Paul Price
Apogee Suffers in a Tough Sector, But Is Still Compelling
Robert Freedland submits: Many of my recent entries have been about my trades---some successful and some not----and I haven't been writing quite as much about the kind of stocks that I refer to as my vocabulary of investable companies. These are companies that meet my fairly well-accepted criteria...
Apogee Enterprises F3Q09 (Qtr End 11/30/08) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Tom Hayes - Piper Jaffray. Tom Hayes - Piper Jaffray In your expectations, when you talked about FY ?10 for a sells decline of at least 10%, are you expecting that the order activity would...
Apogee: Boring Company, But Good Value
Tim Hiteshew submits: Apogee Enterprises APOG isn't a company developing the next generation of life saving drugs or a Silicon Valley rising star working on a revolutionary computing technology. Apogee is an established, profitable company based in Minneapolis, Minnesota that designs, installs, and maintains many types of glass and windows...
Apogee Enterprises, Inc. F1Q09 (Qtr End 05/31/08) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Michael Cox - Piper Jaffray. Michael Cox - Piper Jaffray My first question is on the comments you made about the margins within the architectural segment and fuel costs and input costs. In the past you have described the ability...
Apogee Enterprises to Open NASDAQ Stock Market May 7
MINNEAPOLIS -- Apogee Enterprises, Inc. (NASDAQ: APOG) Chairman and Chief Executive Officer Russell Huffer will preside over the NASDAQ Stock Market opening bell ceremony Wednesday, May 7 to celebrate the company's 25-year listing anniversary on NASDAQ and to recognize that Apogee has achieved two consecutive years of record earnings. Apogee...
Apogee Enterprises F3Q08 (Qtr End 12/01/07) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Our first question comes from Michael Cox from Piper Jaffray. Please proceed. Michael Cox - Piper Jaffray Good morning. Russ Huffer Good morning, Mike. Michael Cox - Piper Jaffray My first question is, just looking for a little bit of additional color around...
Apogee Enterprises Welcomes Commerce Department's Preliminary Finding of Dumping of Chinese Replacement Windshields
Business Editors MINNEAPOLIS--BUSINESS WIRE--Sept. 13, 2001 Apogee Enterprises, Inc. (Nasdaq:APOG) welcomed the announcement that the U.S. Department of Commerce has preliminarily determined that automotive replacement glass ARG windshields from China are being sold at prices that are below fair value, and that critical circumstances exist. Apogee's manufacturing subsidiary,...
Additional Resources
Apogee First Quarter Earnings Decline Due to Market Conditions; Quarterly Cash Flow Positive; Balance Sheet Remains Strong
MINNEAPOLIS -- Apogee Enterprises, Inc. (Nasdaq:APOG) today announced fiscal 2010 first quarter earnings. Apogee provides distinctive value-added glass solutions for the architectural and picture framing industries. ...
Epicor® Customer Apogee Enterprises Recognized as a 2009 Laureate by the Computerworld Honors Program
Global Information Technology Awards Foundation Pays Tribute to Individuals and Organizations that Use Information Technology to Benefit Society ...
- 1
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Rick A. Marshall | President |
| James S. Porter | Cfo |
| Gregory A. Silvestri | Executive Vice President |
| James L. Martineau | Executive Vice President |
| Gary Johnson | Treasurer & Vice President |
| James B. Porter | Vice President, Strategy, Planning |
| Tom Skramstad | Vice President of Technology Service |
| Patricia A Beithon | General Counsel & Secretary |
| Bernard P. Aldrich | Director |
| J. Terry Manning | Director |
| Sara L. Hays | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Russell Huffer | Chairman, President & CEO |
| Robert J. Marzec | Chair |
| Barbara B. Grogan | Board of Directors |
| David E. Weiss | Board of Directors |
| J. Patrick Horner | Board of Directors |
| Jerome L Davis | Board of Directors |
| John Terence Manning | Board of Directors |
| Mark A. Burke | Board of Directors |
| Richard V. Reynolds | Board of Directors |
| Stephen C. Mitchell | Board of Directors |
Russ was elected Apogee chairman in June 1999, in addition to having been elected president and chief executive officer (CEO) in January 1998. As chairman and CEO, he has repositioned Apogee for growth, exiting unprofitable businesses and developing growth strategies that focus on the company's architectural glass products and services, and picture framing glass businesses. He also spearheaded the company's successful adoption of the Six Sigma/Lean business improvement process that has reduced costs and improved operations. He joined Apogee in 1986 as vice president and general manager of Viracon, the leading fabricator of coated, high-performance architectural glass for global markets. In 1996, he was promoted to president of the Glass Technologies segment to further develop these glass coatings businesses into market leaders. Before joining Apogee, Russ spent six years in various management positions with Guardian Industries' coatings, float glass and glass fabrication divisions. Previously, he spent two years as a senior designer at Ford Motor Company and seven years in the U.S. Air Force. He has worked directly on three patented low-emissivity (energy-efficient) glass coatings and developed reflective high-performance glass coatings, all for use on commercial buildings. Russ holds a bachelors degree from the U.S. Air Force Academy, Colorado Springs, Colorado, and a masters from Troy State University, Troy, Alabama. He is chairman of the board of directors of the Leukemia Research Fund, University of Minnesota; a member of the Southern Minnesota Leadership Circle; a member of the board of directors of Hutchinson Technology Inc.; and a member of the board of advisors of the University of St. Thomas Graduate School of Business.
| Organization | Position | Status |
|---|---|---|
| Viracon, Inc. | Chairman and CEO | Current |
| Apogee, Inc. | Chief Executive Officer | Current |
| Apogee Enterprises, Inc. | Chairman, President & CEO | Current |
| Viracon, Inc. | Vice President | Current |
| Viracon, Inc. | General Manager | Current |
| Cohen Capital LLC | Current | |
| Hutchinson Technology Inc. | Board of Directors | Current |
| Apogee, Inc. | Director | Current |
| Apogee, Inc. | President | Former |
| Apogee, Inc. | Vice President | Former |
| Apogee, Inc. | general manager of Viracon | Former |
| Troy State University | Masters | Former |
| Troy State University | Bachelors Degree | Former |
| United States Air Force Academy | degrees in general engineering and Western European studies | Former |
| Hutchinson Technology Inc. | member | Former |
| Organization | Position | Status |
|---|---|---|
| Apogee Enterprises, Inc. | President | Current |
| Organization | Position | Status |
|---|---|---|
| Apogee Enterprises, Inc. | Cfo | Current |
| Viracon, Inc. | Cfo | Current |
| Cohen Capital LLC | Current | |
| Viracon, Inc. | Board of Directors | Current |
| Apogee Enterprises, Inc. | Vice President, Strategy and Planning | Former |
| Apogee, Inc. | Vice President of Strategy and Planning | Former |
| Apogee, Inc. | Assistant Corporate Controller | Former |
| Apogee Enterprises, Inc. | Controller | Former |
| Ecolab Inc. | Former | |
| The University of Iowa | MBA | Former |
| Iowa City | MBA | Former |
| University of Wisconsin | Bachelor's In Finance | Former |
Greg was named Viracon president in 2008, having joined Apogee in August 2007 as senior vice president, operations at Viracon, the company’s largest business. In March 2008, he was promoted to Apogee executive vice president, a position he continues to hold. During his 25-year career, Silvestri has gained broad management expertise in the building materials industry, and manufacturing and international operations. He has also been responsible for strategy, and mergers and acquisitions. Silvestri previously was with Plug Power Inc., a fuel cell company, from 1999 to 2007, where he had served as president since 2006. From 1991 to 1999, he was with St. Gobain’s coated abrasives business, which manufactures products used for machine sanding, polishing and grinding. While with St. Gobain, he had general management responsibilities, which included several operating companies in Asia from 1994 to 1997. Prior experience includes consulting with McKinsey & Company and sales for Hewlett-Packard. He holds an MBA from the University of Virginia and a bachelor’s degree in chemical engineering from Princeton University.
| Organization | Position | Status |
|---|---|---|
| Apogee Enterprises, Inc. | Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Apogee Enterprises, Inc. | Executive Vice President | Current |
| Apogee Enterprises, Inc. | Director | Current |
| Pinnacle Entertainment, Inc. | Director | Current |
| Viracon, Inc. | Board of Directors | Current |
| Apogee Enterprises, Inc. | Senior Management Positions | Former |
| Organization | Position | Status |
|---|---|---|
| Viracon, Inc. | Vice President and Treasurer | Current |
| Xcel Energy Inc. | Vice President and General Counsel | Former |
| Apogee, Inc. | Director of Taxation | Current |
| Cohen Capital LLC | Current | |
| MYR Group Inc. | Board of Directors | Current |
| Viracon, Inc. | Board of Directors | Current |
| Apogee Enterprises, Inc. | Director | Current |
| The Children's Theatre | Chief Legal Officers | Former |
| Northern States Power Company | Vice President and General Counsel | Former |
| Nsp, Inc. | vice president, law | Former |
| Xcel Energy Inc. | General Counsel | Former |
| Nsp, Inc. | Attorney | Former |
| Arthur Andersen LLP | corporate tax consultant | Former |
| The Children's Theatre | Board of Directors | Former |
| The Ohio State University | master's degree in public administration | Former |
| University of Minnesota Duluth | Bachelor's Degree In Accounting | Former |
| University of Minnesota | bachelor's degree in history | Former |
| Organization | Position | Status |
|---|---|---|
| Apogee Enterprises, Inc. | Vice President, Strategy, Planning | Current |
Tom brings a background in business leadership, with particular depth of experience in applying computer technology to business. He currently serves as the Vice President of Technology Service for Apogee Enterprises, an $800 million glass fabrication and installation company. Tom has served on the Board of Directors since October 2004, and currently serves as its Vice Chair.
| Organization | Position | Status |
|---|---|---|
| Apogee Enterprises, Inc. | Vice President of Technology Service | Current |
| Organization | Position | Status |
|---|---|---|
| American Medical Systems, Inc. | Divisional Legal Counsel | Current |
| Apogee Enterprises, Inc. | General Counsel & Secretary | Current |
| Cohen Capital LLC | Current | |
| Apogee Enterprises, Inc. | Secretary | Current |
| Viracon, Inc. | Board of Directors | Current |
| University of Minnesota Law School | Law Degree | Former |
| University of North Dakota | Bachelor’S Degree In Marketing | Former |
Robert J. Marzec, MBA, CPA, was appointed as a director by the members of the Board in September 2002. Mr. Marzec retired in July 2002 as a partner in PricewaterhouseCoopers LLP. He was admitted to the firm’s partnership in 1979 and was the managing partner of the firm’s Minneapolis office from 1991 to 1998. Mr. Marzec holds a bachelor's degree from Northwestern University and a master's degree in Business Administration from DePaul University. Mr. Marzec serves on the Boards of Apogee Enterprises, Inc. and Health Fitness Corporation. He also serves on a number of civic boards and committees.
| Organization | Position | Status |
|---|---|---|
| MEDTOX Scientific, Inc. | Chairman | Current |
| Apogee Enterprises, Inc. | Chair | Current |
| Viracon, Inc. | Board of Directors | Current |
| MEDTOX Scientific, Inc. | Director | Current |
| Apogee Enterprises, Inc. | Board of Directors | Current |
| DePaul University | Master's Degree In Business Administration | Former |
| Northwestern University | Bachelor's Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Apogee Enterprises, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Rimage Corporation | President and Chief Executive Officer | Current |
| Rimage Corporation | Board of Directors | Current |
| Apogee Enterprises, Inc. | Director | Current |
| Rimage Corporation | Director, Chief Executive Officer | Former |
| Colwell Industries, Inc. | President | Former |
| Activar Inc. | President | Former |
| Organization | Position | Status |
|---|---|---|
| Front Porch Digital, Inc. | Current | |
| Apogee Enterprises, Inc. | Board of Directors | Current |
| Incentra Solutions, Inc. | Board of Directors | Current |
| ManagedStorage International, Inc. | Director | Current |
| StorageTek | CEO | Former |
| StorageTek | President | Former |
| StorageTek | Founder | Former |
| International Business Machines Corporation | Former | |
| StorageTek | Chairman | Former |
| University of Colorado | M.S. in telecommunications and M.B.A | Former |
| Organization | Position | Status |
|---|---|---|
| Apogee Enterprises, Inc. | Board of Directors | Current |
Retired Vice Chairman and Audit Partner of BDO Seidman, LLP, the U.S. member firm of the BDO International network, an international public accounting firm, having worked for BDO Seidman in various management and audit positions from 1973 to 2000, including Vice Chairman from 1995 to 1999, Managing Partner of the Richmond, Virginia office from 1990 to 1991, and Audit Partner from 1978 to 1991. Various management positions with BDO International from 1992 to 1995. Director since 2005.
| Organization | Position | Status |
|---|---|---|
| Apogee Enterprises, Inc. | Director | Current |
| BDO Seidman, LLP | Audit Partner | Former |
| BDO Seidman, LLP | Vice Chairman | Former |
Jerome Davis, CEO-President of Jerome L. Davis & Associates, LLC., has more than 28 years of progressively responsible experience domestically and internationally in four Fortune 500 companies. He has been directly responsible for as many as 23,000 employees with revenues in excess of $3.1 Billion. Jerome has led these companies through periods of success that have included some of the largest profitable market share growth and overall business results. The diverse challenges in his background provide him a unique opportunity to serve as an Executive Coach and consult in a variety of functional disciplines and industries. He has held executive positions in a variety of industry sectors, including consumer package goods, consumer durables, and information technology. His understanding of both domestic and international distribution channels encompasses retail sales, direct sales, wholesale, marketing, advertising and manufacturing. He's been responsible for a diverse portfolio of world class brands, products and services in very competitive environments. Among his significant previous positions, Jerome served as Global Vice President of Service Excellence, Chief Client Executive Officer, and President-Americas, Business Process Management for Electronic Data Systems. He was Senior Vice President, and Officer of Maytag Appliances and President and Executive Officer of Maytag Commercial Solutions Division. He was Area Vice President and Vice President of National Accounts for Frito- Lay a division of PepsiCo. He also held senior executive positions in sales and marketing with Procter & Gamble. Jerome grew up in Middletown, Ohio and attended Ohio State University in 1973 and transferred to Florida State University in 1975, where he then graduated with a Bachelor of Science in Mass Communications in 1977. He is currently serving on the Board of Directors of two publicly traded corporations; Apogee Enterprises, Inc. (APOG-NASDQ) based in Minneapolis; and as a Director for GameStop, Inc. (GME-NYSE) based in Grapevine, Texas.
| Organization | Position | Status |
|---|---|---|
| Jerome L. Davis & Associates, LLC | CEO, President | Current |
| GameStop Corp. | Director | Current |
| Apogee Enterprises, Inc. | Board of Directors | Current |
| Viracon, Inc. | Board of Directors | Current |
| Ebgames.Com | Board of Directors | Current |
| PepsiCo, Inc. | Area Vice President | Former |
| Frito-Lay, Inc. | Area Vice President | Former |
| Jerome L. Davis & Associates, LLC | Executive Business Coach | Former |
| Maytag Corporation | Former |
| Organization | Position | Status |
|---|---|---|
| Apogee Enterprises, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Apogee Enterprises, Inc. | Board of Directors | Current |
Principal of VanFleet Group, LLC, an aeronautical consulting firm, since 2006. Senior Manager of BearingPoint, Inc., an international management and technology consulting firm from 2006 to 2008. Lieutenant General, U.S. Air Force, retired, former Vice Commander, Air Force Material Command, a position he held from 2003 to 2005. Commander, Aeronautical Systems Center of U.S. Air Force Material Command from 2001 to 2003. Commander, Air Force Flight Test Center of U.S. Air Force Material Command from 1998 to 2001. Program Executive Officer, Airlift and Trainers of U.S. Air Force Program Executive Office from 1996 to 1998. Various other leadership positions in the U.S. Air Force from 1971 to 1996. Director since 2006.
| Organization | Position | Status |
|---|---|---|
| Apogee Enterprises, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Wrightwood Capital | Managing Director & General Counsel | Current |
| Apogee Enterprises, Inc. | Director | Current |
| Crew Chicago | Member | Current |
| Hyatt Hotels Corporation | Senior Vice President | Former |
| Hyatt Hotels Corporation | General Counsel | Former |
| Global Hyatt Corporation | Board of Directors | Former |
| Northwestern University School of Law | Juris Doctor | Former |
| Kellogg School of Management at Northwestern University | MBA | Former |
| Organization | Position | Status |
|---|---|---|
| The Knight Group | President | Current |
| Knight Facilities Management | Vice Chairman | Current |
| Apogee Enterprises, Inc. | Board of Directors | Current |
| Viracon, Inc. | Board of Directors | Current |
Executive News
-
Apogee revenue falls 24% in Q1
-
APOG: Shares Rise on Q1 Results that Beat Street Estimates and Higher Margins
-
Apogee revenue falls 24% in Q1
-
Apogee First Quarter Earnings Decline Due to Market Conditions; Quarterly Cash Flow Positive;...
-
Apogee First Quarter Earnings Decline Due to Market Conditions; Quarterly Cash Flow Positive; Balance Sheet Remains Strong
-
Apogee Enterprises to Webcast Annual Meeting, Host First Quarter Conference Call
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