Rayovac 2004 Annual Report Download - page 14
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Please find page 14 of the 2004 Rayovac 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.DavidA.Jones
ChairmanandChiefExecutiveOfficer
KentJ.Hussey
PresidentandChiefOperatingOfficer
Wewillleveragethepowerbehindourbrands
togeneratefuturevalueforourloyalshareholders.
T O O U R S H A R E H O L D E R S
(Continued)
Experience
DavidA.Jones
KentJ.Hussey
T h e P o w e r B e h i n d O u r B r a n d s . G r o w t h . D i s c i p l i n e . F o c u s . S t r a t e g y . I n n o v a t i o n . E x p e r i e n c e .
• As a supplier, we have excellent relationships with major retailers worldwide. We offer
productsthatconsumersneedandwant,ourmarketsharesinourkeyproductlinesareatall-
timehighs,andwehavearobustnewproductpipeline.Moreover,wehaveaglobalinfra-
structurethatprovidesthelogisticsrequiredtodeliverourproductswheneverandwherever
our customers need them. We possess the scale and scope to be a significant player in
everymarketinwhichwecompete.
• Asacorporation,wehaveasolidbalancesheettofuelourgrowth,readyaccesstocapital
anddebtmarkets,andareputationforresponsibledebtmanagement.Weareledbyexperi-
enced, capable and committed executives, and we are guided by a well-balanced board,
madeupofdirectorswithbackgroundsrichinconsumerproductsexperience.
• Asaworkplace,wehaveasoundstrategyforlong-termgrowth,alongwithadedicationto
continuous process and cost improvements. We have solid acquisition disciplines and a
trackrecordofsuccessinacquiringandintegratingcompanies.Finally,wehaveacultureof
entrepreneurship andempowerment,aswellasaperformance-oriented environmentthat
putspersonalsuccesswithinthegraspofeveryRayovacemployee.
Withthesestrengthsasoursecurity,it’sclearwhytheRayovacteamisenthusiasticaboutour
futureprospects.Indeed,webelievethat,whencombinedwithgoodmomentuminourmajor
businesssegmentsandcontinuedimprovementintheglobaleconomy,ourstrengthswilldrive
thecontinuedgrowthandsuccessofourrecognizedconsumerbrandsthroughouttheworld.
Aswemoveahead,wewillstrivetoapplythetime,effortandfocusnecessarytodoevery-
thingatRayovacthewaywealwayshave—therightway.Whilethatmayseemlikeasimple
formula,weknowfirst-handthatdoingitconsistentlydemandsunwaveringfocus,hardwork
andintensecommitment.Butwealsoknowthatityieldsthekindofwinningresultsthatwe
areouttoachieveinfiscal2005andbeyond.Aswepursueourgoal,youcanbeassuredthatwe
willcontinuetoworkdiligentlytoleveragethepowerbehindourbrandstogeneratesignificant
futurevalueforourloyalshareholders.