Dillard's 2002 Annual Report Download - page 10

Download and view the complete annual report

Please find page 10 of the 2002 Dillard's annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 53

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53

The following is a listing of executive officers of the Company, their age, position and office, and family
relationship, if any.
Name Age Position & Office Family Relationship
William Dillard, II 58 Director; Chief Executive Officer None
Alex Dillard 53 Director; President Brother of William Dillard, II
Mike Dillard 51 Director; Executive Vice President Brother of William Dillard, II
H. Gene Baker 64 Vice President None
Joseph P. Brennan 58 Vice President None
G. Kent Burnett 58 Vice President None
Drue Corbusier 56 Director; Executive Vice President Sister of William Dillard, II
James I. Freeman 53 Director; Senior Vice President; Chief
Financial Officer
None
Randal L. Hankins 52 Vice President None
Gaston Lemoine 59 Vice President None
Steven K. Nelson 45 Vice President None
Robin Sanderford 56 Vice President None
Paul J. Schroeder 54 Vice President None
Burt Squires 53 Vice President None
Charles Unfried 56 Vice President None
ITEM 2. PROPERTIES.
All of the Registrant's stores are owned or leased from a wholly owned subsidiary or from third parties.
The Registrant's third-party store leases typically provide for rental payments based on a percentage of net
sales with a guaranteed minimum annual rent. Lease terms between the Registrant and its wholly owned
subsidiary vary. In general, the Company pays the cost of insurance, maintenance and any increase in real
estate taxes related to the leases. At February 1, 2003 there were 333 stores in operation with gross square
footage approximating 56.7 million feet. The Company owned or leased, from a wholly owned subsidiary,
a total of 258 stores with 43.8 million square feet. The Company leased 75 stores from third parties, which
totaled 12.9 million square feet. Additional information is contained in Notes 1, 2, 12 and 13 of “Notes to
Consolidated Financial Statements,” in Item 8 hereof and reference is made to information contained under
the heading “Number of stores,” under item 6 hereof.
4