Plantronics 1999 Annual Report Download - page 5

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comfortably.We also intend to increase our focus on marketing programs to cooperate with our channel
partners in promoting adoption of headsets.
During fiscal 1999 we strengthened the management team with the addition of Neil Snyder, Vice President
and General Manager of the Computer Audio Systems Division, Lyndall Fry, Director of Quality, and Vedat
Bilgutay, Senior Director of Product Marketing, and the promotion of Dean Lane to Vice President and Chief
Information Officer. We would also like to recognize the many contributions Bob Cecil made during his
nearly seven years as CEO and, on a personal note, thank him on behalf of the many people at Plantronics
who had the opportunity to work directly with him and benefit from his leadership and friendship.
And finally, we regret the passing of Sid Webb, a Director of Plantronics for 16 years. His contributions, wise
counsel, and friendship will be sorely missed.
Thank you for your support.
Ken Kannappan
PRESIDENT AND CHIEF EXECUTIVE OFFICER
95 96 9 7 98 99
742 .6
1,1 23.2
382.5
339.1
241.9
1,20 0
1,05 0
900
750
600
450
300
150
0
95 96 97 9 8 99
39.2
86.9
34.6
26.9
90
80
70
60
50
40
30
20
10
0
17 .6
market capitalization
(DOLLARS IN MILLIONS)
cash from
operating activities
(DOLLARS IN MILLIONS)
95 96 9 7 98 99
16.6%
19.3%
15.2%
13.9%
12.2%
20
16
12
8
4
0
return on sales
BEFORE EXTRAORDINARY ITEM
(PERCENT)
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