Award recognizes CEOs who have generated the most shareholder value for the least amount of compensation
MINNEAPOLIS, Jun 07, 2007 (BUSINESS WIRE) -- Stratasys, Inc. (Nasdaq:SSYS) announced today its chief executive officer (CEO), Scott Crump, has been recognized as one of the "Best CEOs" in the nation by DeMarche Associates, Inc., a leading investment research and financial consulting firm. This award is presented to a small group of American CEOs who over the last three years generated the most shareholder value per unit of CEO compensation. Crump was among 163 CEOs honored from a potential field of 6,700.
"The boards and shareholders associated with these companies have good reason to celebrate because they are getting the most corporate value for the least amount of CEO compensation," said Robert Marchesi, chairman of DeMarche Associates, a 33-year-old firm known in recent years for its annual "Best 100 Companies" and "100 Most Improved Companies" awards. "This recognition is especially significant today, when there is much public outcry about CEOs whose compensation is rising meteorically even as their companies falter. We should all be encouraged by the ability of Mr. Crump and the other Best CEOs to counter this trend by delivering more for less. They have proven to be tremendous assets to their companies."
"I'm honored to be recognized by DeMarche Associates with this award," Crump said. "Our compensation structure allows for more benefits to go to our team of employees and management, which is key for Stratasys' long-term, healthy growth."
The Best CEOs awards are based on DeMarche's migration formula, which allows the company to systematically measure corporate change, over a specified time horizon, related to growth, risk management and other key factors affecting the bottom line of a company. After identifying the most improved companies out of 6,700 ratable U.S. companies, DeMarche factored in the compensation of each CEO as defined and published by the Securities and Exchange Commission. In the simplest of terms, DeMarche determined which CEOs produced the most corporate bang for their bucks. Companies led by DeMarche's Best CEOs have already received short-term benefit. For example, the average one-year and three-year returns for companies represented by the Best CEOs were 20.1 percent and 14.0 percent respectively, compared to 15.8 percent and 10.4 percent for S&P 500 companies.
For a complete list of DeMarche's Best CEOs, visit DeMarche's web site at www.demarche.com.
Stratasys Inc., Minneapolis, manufactures office-based rapid prototyping and manufacturing systems and 3D printers and offers rapid prototyping and manufacturing parts services. According to Wohlers Report 2006, Stratasys supplied 34 percent of all systems installed worldwide in 2005, making it the unit market leader, for the fourth consecutive year. Stratasys owns the rapid prototyping process known as fused deposition modeling (FDM). The process creates functional models and end-use parts directly from any 3D CAD program using ABS plastic, polycarbonate, PPSF, and blends. The company holds over 180 granted or pending rapid prototyping patents globally. Stratasys products are used in the aerospace, defense, automotive, medical, education, electronic, and consumer product industries. The company's systems are also used for direct digital manufacturing (DDM) and rapid tooling applications. For more information on the company, go to www.Stratasys.com; www.RedEyeRPM.com; or www.DimensionPrinting.com.
DeMarche Associates, Inc. specializes in industry-leading corporate finance and investor relations practices as well as defined benefit and defined contribution consulting. The company offers an array of research and consulting services designed to help progressive organizations better understand the key factors that affect stock price. The Best CEOs awards program is a byproduct of this research.
SOURCE: Stratasys, Inc.
Shane Glenn, Director of Investor Relations, 952-294-3416