Robert Burton Sr., CEO of Cenveo Inc. , purchased 29,759 shares of Cenveo Inc. (Stock Symbol: CVO) at $3.41 per share for a total amount of $101,500 on March, 3rd 2014.
Cenveo Inc. is based in Stamford, Connecticut.
On 02/26/2014, Cenveo Inc., announced results for the three months and full year ended December
28, 2013.
The Company generated net sales of $509.9 million for the three months ended December
28, 2013, compared to $437.7 million for the same period last year, an increase of 16.5%. The Company generated net sales of $1.8 billion for the year ended December 28, 2013, compared to $1.7 billion for the prior year. The increase in net sales was primarily due to the acquisition of certain assets of National Envelope in the third quarter, as National Envelope was not included in our 2012 results, as well as organic growth within our envelope and label and packaging segments, partially offset by a decline in sales in our print operations as a result of lower demand and pricing pressures.
On 02/06/2014, Cenveo, Inc. announced today that it will host a conference call at 10:00 a.m. Eastern Time on Thursday, February 27th to discuss the company’s fourth quarter 2013 results. A live webcast of the call will be accessible on Cenveo’s
website: www.cenveo.com.
According to Capital IQ, Cenveo Inc. has a market cap of $217.63 million, an enterprise value of $1.39 billion.
Cenveo, Inc. is a diversified printing company in North America. The Company’s portfolio of products includes commercial printing, envelope converting, label manufacturing and specialty packaging production. It operates a network of manufacturing facilities, serving a diverse base of over 100,000 customers.
Robert Burton Sr.’s most recent annual compensation from Cenveo, Inc. is a salary of $1,100,000, $1,940,120 in other compensation, and a total compensation of $3,040,120. Mr. Burton is 73 years old.
According to his biography, Mr. Burton has been Cenveo’s Chairman and Chief Executive Officer since September 2005. In January 2003, he formed Burton Capital Management, LLC, a company that invests in manufacturing companies, and has been its Chairman, Chief Executive Officer and sole managing member since its formation. Mr. Burton is Cenveo’s largest individual shareholder and the Burton family is the largest group of shareholders of Cenveo stock. From December 2000 through December 2002, Mr. Burton was the Chairman, President and Chief Executive Officer of Moore Corporation Limited, a leading printing company with over $2.0 billion in revenue for fiscal year 2002. From April 1991 through October 1999, he was the Chairman, President and Chief Executive Officer of World Color Press, Inc., a $3.0 billion diversified printing company. From 1981 through 1991, he held a series of senior executive positions at Capital Cities/ABC, including President of ABC Publishing. Mr. Burton was also employed for 10 years as a senior executive of SRA, the publishing division of IBM. Mr. Burton holds both a BS and an MA degree. He also did additional post graduate studies at the University of Alabama. He is the recipient of two honorary doctorate degrees in business from the University of Connecticut and Murray State University (“MSU”) where he was Captain of their football team and drafted by the San Francisco 49ers. He is the recipient of the first distinguished Alumnus and Golden Horseshoe Award from the MSU Alumni Association as well as the school’s Distinguished Achievement Award from the MSU College of Business and Public Affairs. He is a member of the Syracuse Martin J. Whitman School of Management Advisory Council and a past Syracuse University Trustee. Mr. Burton is also the lead donor for the fifth year of Cenveo’s Scholarship Fund for Cenveo’s employees’ children which is totally funded by Cenveo’s management and directors. Mr. Burton has donated and committed one million dollars to Cenveo’s scholarship fund. Mr. Burton is also a member of the Printing Hall of Fame. Mr. Burton serves on our executive committee (Chair). The Board believes that Mr. Burton’s extensive experience as a CEO in the printing and media industry provides the Board with unique insights regarding Company-wide issues and strong leadership. His business track record in printing is unmatched and he is recognized as one of the printing and manufacturing leaders.
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