BNET Industries

Maytag Corp.

(MYG) is in the Manufacturing Industry

Last Fiscal Year Sales:$4.7B
  • Public
  • US
Dow Jones Description

Maytag is a leading producer of home and commercial appliances. Its products are sold to customers throughout North America and in international markets. Maytag was organized as a Delaware corporation in 1925. Maytag is among the top four major appliance companies in the North American market, offering consumers a full line of washers, dryers, dishwashers, refrigerators and ranges distributed through large and small retailers across the U.S. and Canada. Maytag also has a significant presence in the commercial laundry market. Maytag?s Hoover brand is a market leader in North American floor care products. Maytag owns Dixie-Narco, one of the original brand names in the vending machine industry and currently the leading manufacturer of soft drink can and bottle vending machines in the U.S. Dixie-Narco venders are sold primarily to major soft drink bottlers such as Coca-Cola and Pepsico. In commercial cooking appliances, Maytag owns Jade Range, a leading manufacturer of premium-priced commercial ranges and commercial-style ranges for the residential market.

President, Maytag Services
Art Lermis
Contact Information

403 W 4th St N

Newton, Iowa 50208-3026

maytag.com

(641) 792-7000

NAICS Code Household Laundry Equipment Manufacturing: 335224

Recent Events

  • Maytag Recalls Refrigerators Due To Fire Hazard

    9/09/09 - Product Recall - View Story

  • Antitrust in America: Return of the trustbusters

    8/31/09 - Merger / Acquisition - View Story

News & Analysis

investment and maytag corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Art Lermis President, Maytag Services
Arthur B. Learmonth President, Services Unit
Craig Breese President, Maytag Intl
Douglas Huffer President, Dixie, Narco
Ernest Park CIO & Senior Vice President
George Moore CFO and Executive Vice President
Greg Jordan Chief Innovation Officer
Mark Krivoruchka Senior Vice President, HR
Paul Bognar Senior Vice President, Sales
Karen Lynn Vice President, Communications
Roy Rumbough Vice President & Controller
Steven Klyn Vice President & Treasurer
Thomas Piersa Vice President, Global Procurement
Jack Strobel Founder
John C. Thomas Brand Management Director
Kristi Lafrenz Maytag Brand Manager
Byron Worley
Darin Leonard
Dave Lammers Marketing Representative
Doug Schwebke
Robert Martichenko
Howard L. Clark Director
Lester Crown Director

Board of Directors

Name (plus bio) Position
Bernard G. Rethore Board of Directors
Fred G. Steingraber Board of Directors
James A. McCaslin Board of Directors
W. Ann Reynolds PhD Board of Directors
Wayland R. Hicks Board of Directors
William T. Kerr Board of Directors

Organization Position Status
Maytag Corporation President, Maytag Services Current

Organization Position Status
Maytag Corporation President, Services Unit Current

Organization Position Status
Maytag Corporation President, Maytag Intl Current

Organization Position Status
Maytag Corporation President, Dixie, Narco Current

Organization Position Status
Maytag Corporation CIO & Senior Vice President Current

Organization Position Status
Maytag Corporation CFO and Executive Vice President Current
Maytag Corporation Board of Directors Current

Greg Jordan began his corporate career as an engineer and progressed to senior manager roles. He has been in corporate leadership positions for over 20 years, most recently as the Chief Innovation Officer with Maytag, responsible for innovation and R&D. Prior to that he was a Director at the Procter & Gamble Co. He gained broad industry experience in leading organization change and new product launch in the Utilities, Pulp and Paper, Orange Juice Processing, Disposable Diapers, Health Care, and Appliances industries. He started Peak Performance Solutions in the year 2000, as a management consulting firm that helps clients create high performance organizations. Greg received a BSME from Howard University in Washington , DC, and attended advanced business management classes at Xavier University in Cincinnati , Ohio . He is a member of the International Association of Coaches and is a Certified Behavioral and Values Analyst.

Organization Position Status
Peak Performance Solutions Inc. President Current
Maytag Corporation Chief Innovation Officer Current
Howard University Bsme Former

Organization Position Status
Maytag Corporation Senior Vice President, HR Current

Organization Position Status
Maytag Corporation Senior Vice President, Sales Current

Organization Position Status
Maytag Corporation Vice President, Communications Current

Organization Position Status
Maytag Corporation Vice President & Controller Current
Maytag Corporation Board of Directors Current

Organization Position Status
Maytag Corporation Vice President & Treasurer Current

Organization Position Status
Maytag Corporation Vice President, Global Procurement Current

Organization Position Status
Maytag Corporation Founder Current
Hormel Foods Corporation Founder Current
Maytag Corporation Corporate Counsel Current
Hormel Foods Corporation Corporate Counsel Current
Strobel & Hanson Legal Assistant Current

Organization Position Status
Maytag Corporation Brand Management Director Current

Organization Position Status
Maytag Corporation Maytag Brand Manager Current

Byron has been a Grinnellian for over thirty years. He is a graduate of Grinnell High School and the University of Iowa and attended Grinnell College for two years. He served in the United States Army for nine years with tours of duty in Europe and the Middle East. Byron is the owner of Worley's Woodworking where he makes hand crafted custom furniture and reproduction millwork. Byron also works for Maytag in Newton. He has been a council member since January of 2000.

Organization Position Status
Woodworking Ltd. Owner Current
Maytag Corporation Current
Grinnell, Iowa Board of Directors Current
Grinnell College Former

Organization Position Status
One Accord Partners Regional Managing Partner Current
Maytag Corporation Current
One Accord Partners Regional Managing Principal Former

Organization Position Status
Sportsmonthly Advertising Director for the Examiner Bringing Current
Maytag Corporation Marketing Representative Current
The Kansas City Star Company Former
Iowa State University Degree Former

Organization Position Status
Class of '83 Current
Maytag Corporation Current

Array

Organization Position Status
Maytag Corporation Current
Logistics Quarterly Current
Baker College MBA In Finance Former
University of Windsor Bachelor Degree In Mathematics Former

Bernard G. Rethore has been a member of our board of directors since April 2006. He has been a director of Walter Industries since March 2002. He has been Chairman of the Board Emeritus of Flowserve Corporation, a manufacturer of pumps, valves, seals and components, since April 2000. From January 2000 to April 2000, he served as Flowserve Corporation's Chairman. He had previously served as Chairman, Chief Executive Officer and President of Flowserve Corporation. Mr. Rethore is a director of Belden CDT, Inc., a manufacturer of high speed electronic cable, and Dover Corp., a diversified manufacturer of a wide range of proprietary products.

Organization Position Status
Mueller Water Products, Inc. Board of Directors Current
Walter Industries, Inc. Board of Directors Current
Maytag Corporation Board of Directors Current
Flowserve Corporation Chief Executive Officer Former
Flowserve Corporation President Former
Flowserve Corporation Chairman Former

Organization Position Status
Maytag Corporation Board of Directors Current

Howard L. Clark, Jr. has been a member of our board of directors since April 2006. He has been a director of Walter Industries since March 1995. Mr. Clark has been Vice Chairman of Lehman Brothers Inc., an investment banking firm, since February 1993. He previously served as Chairman and Chief Executive Officer of Shearson Lehman Brothers Inc. Mr. Clark also is a director of Lehman Brothers Inc., United Rentals, Inc., an equipment rental company, and White Mountains Insurance Group, Ltd., a financial services holding company.

Organization Position Status
Mueller Water Products, Inc. Chair Current
Maytag Corporation Director Current
Living Independently Group, Inc. Vice Chairman, Lehman Brothers Current
White Mountains Insurance Group, Ltd. Board of Directors Current
Walter Industries, Inc. Director Current
Mueller Water Products, Inc. Director Current
White Mountains Insurance Group, Ltd. Vice Chairman, Lehman Brothers Inc. Current
United Rentals, Inc. Board of Directors Current
American Express Company executive vice president Former
American Express Company senior executive Former
Barclays Former
Barclays Capital Vice Chairman Former
Lehman Brothers Holdings Inc. vice chairman Former

Organization Position Status
Maytag Corporation Board of Directors Current

Organization Position Status
Henry Crown & Company Chairman & CEO Current
Northwestern University Trustee Current
Medis Technologies Ltd. Current
CC Industries, Inc. Chairman Current
Commercial Club of Chicago Chairman Current
Chicago Council Chairman Current
Jewish Theological Seminary Vice Chairman Current
Weizmann Institute of Science Vice Chairman Current
Merrick Ventures, LLC Board of Directors Current
The Jerusalem Foundation, Inc. Vice Chairman Current
RoundTable Healthcare Partners Advisory Board Member Current
Maytag Corporation Director Current
Henry Crown & Company President Former
The Jerusalem Foundation, Inc. Director Former
Crown Limited Chairman Former
Jewish Theological Seminary Director Former
Weizmann Institute of Science Director Former
Material Service Corporation Chairman Former
General Dynamics Corporation Director Former

W. Ann Reynolds, 71, formerly President and Professor of Biology at The University of Alabama at Birmingham, located in Birmingham, Alabama, until 2002. Director since 2006; formerly a Director of OCD since 1993. A graduate of Kansas State Teachers College and the University of Iowa, where she earned a Ph.D. degree, Dr. Reynolds previously served as Chancellor of the City University of New York and as Chancellor of the California State University System. In prior years, she was Provost of the Ohio State University and Professor of Anatomy and Vice Chancellor for Research at the University of Illinois at the Medical Center. Dr. Reynolds is a director of Humana, Inc., Abbott Laboratories, Invitrogen Corporation, and the News-Gazette, Champaign, Illinois.

Organization Position Status
News Gazette Inc. Director Current
Humana Inc. Board of Directors Current
Abbott Laboratories Board of Directors Current
Owens Corning Board of Directors Current
Industry Ventures Board of Directors Current
Business-Higher Education Forum Member of The Board of The Champaign, Urbana News Gazette Current
Olink Board of Directors Current
KMG America Corporation Member of The Board of The Champaign, Urbana News Gazette Current
IDEXX Laboratories, Inc. Board of Directors Current
Resgen Inc. Board of Directors Current
Maytag Corporation Board of Directors Current
Ionsource, LLC Board of Directors Current
Pittsburgh Tissue Engineering Initiative, Inc Board of Directors Current
Microseq Board of Directors Current
Abms Member Board of Directors Current
Invitrogen Corporation Board of Directors Current
The University of Alabama at Birmingham President Former
University of Illinois Professor Former
University of Illinois College of Medicine Research Professor Former
Emporia State University M.S. Former
Emporia State University Bachelors Degree In Biology Former

Organization Position Status
Maytag Corporation Board of Directors Current
NEXTEL Communications, Inc. chief executive officer Former
United Rentals, Inc. Vice Chairman & CEO Former
United Rentals Northwest President & CEO Former
NEXTEL Communications, Inc. Vice Chairman Former
Perdue Farms Incorporated Director Former

Kerr is chairman of the board of Meredith Corporation. He was elected chairman in January 1998, having served as president and CEO from January 1, 1997 until June 30, 2006. In 1994, Kerr was named president and COO of Meredith, responsible for overseeing the day-to-day business of the company's operating groups. At that time, Kerr was also appointed as a member of the Meredith Board of Directors and a member of the Board's executive committee. Prior to that, Kerr served as president of the Meredith Magazine Group and executive vice president of the company, where he was responsible for the strategic direction and day-to-day management of all magazine operations. Prior to joining Meredith in September of 1991, Kerr was a vice president of The New York Times Company and president of its magazine group, a position he held since 1984. Kerr has also held posts with Dillon, Read & Co., and McKinsey and Company. A native of Seattle, Kerr is a Phi Beta Kappa graduate of the University of Washington. He earned a degree in modern history as a Rhodes Scholar at Oxford University, and an MBA from the Harvard Graduate School of Business Administration. Kerr also serves on the Boards of The Principal Financial Group, Interpublic Group of Companies, Inc. and Arbitron, Inc.

Organization Position Status
Oxford University Press Trustee Current
Meredith Corporation Chairman Current
Whirlpool Corporation Board of Directors Current
The University of Iowa Board of Directors Current
Harvard Business Publishing Board of Directors Current
The Interpublic Group of Companies, Inc. Director Current
Oxford University Press Board of Directors Current
Maytag Corporation Board of Directors Current
Principal Financial Group, Inc. Committee Member Current
Meredith Corporation Chief Executive Officer Former
Meredith Corporation President Former
The New York Times Company President Former
Meredith Corporation Coo Former
The New York Times Company Vice President Former
McKinsey & Company, Inc. Executive Roles Former
University of Oxford Rhodes Scholar Former
Principal Financial Group, Inc. Board of Directors Current
University of Oxford Degree In Modern History Former
University of Washington Former
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