Jeffrey D. Cordes, CEO of Ironclad Performance Wear Corporation, purchased 219,806 shares of Ironclad (Stock Symbol: ICPW) at $0.18 per share for a total amount of $39.6 thousand on March 19, 2014.
Ironclad Performance Wear Corporation is situated in El Segundo, California.
On 03/10/2014, Ironclad Performance Wear Corporation (ICPW), the recognized leader in high-performance task-specific performance work gloves, announced that Pat O’Brien has joined the Company’s board of directors. Mr. O’Brien, recommended by Ronald Chez, one of Ironclad’s largest stockholders, was appointed by Ironclad’s board of directors to fill the current vacancy on the board.
On 03/05/2014, Ironclad Performance Wear Corporation (ICPW) reported Net Sales for the fourth quarter of 2013 of $10.1 million, a decrease of 6.3% percent from the fourth quarter total of $10.7 million for 2012, primarily resulting from strong KONG® sales in the fourth quarter last year.
According to Capital IQ, Ironclad has a market cap of $15.34 million, an enterprise value of $16.43 million, and trailing 12 month revenues of $24.53 million.
Ironclad Performance Wear Corporation designs and manufactures work wear for various construction, do-it-yourself, industrial, sporting goods, and general services markets. It offers technical gloves that are designed for individual user groups, such as carpenters, machinists, package handlers, plumbers, welders, roofers, oil and gas workers, mechanics, hunters, gardeners, and do-it-yourself users; long and short sleeved shirts; and performance jackets, pants, shorts, reflective and polo shirts, underwear, and tights. The company sells its products under the Ironclad brand through hardware stores, lumber yards, big box home centers, industrial distributors, and automotive and sporting goods retailers in the United States, Australia, the United Kingdom, Canada, the Netherlands, Sweden, and other countries. Ironclad Performance Wear Corporation was founded in 1998.
Jeffrey Cordes is 56 years old.
According to his biography, Mr. Jeffrey D. Cordes is Chief Executive Officer, Director of Ironclad Performance Wear Corp. Mr. Cordes brings more than 30 years of executive experience in global textiles and apparel. Mr. Cordes served as President and Chief Operating Officer of Walls Industries, Inc., a leading global company in safety and work apparel, from 2010 through 2013, and as Chief Operating Officer from 2004 to 2010. Prior to Walls, Mr. Cordes served as the Chief Executive officer of Hometown Wholesale Furniture Clubs, Inc. from 2002 to 2004 and as the Chief Operating Officer and Chief Financial Officer of e2 Communications Inc. from 2000 to 2001. Prior to e2 Communications, Mr. Cordes served as President and Chief Operating Officer and as a Director of Pillowtex Corporation (NYSE PTX), a marketer, manufacturer and importer of home textiles, from 1984 to 1999. Mr. Cordes holds an MBA from the Cox School of Business at Southern Methodist University and an undergraduate degree in Business Administration from Hope College. Mr. Cordes’ executive and industry experience led to the conclusion that he should serve as a director in light of the Registrant’s business and structure.
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