150 N. Clinton St., Chicago 60661, 312-726-1221
Founded: 1979
Fiscal year-end: Dec. 31
Chief executive: Gian Fulgoni, 43, elected 1986; James G. Andress, 52, elected co-CEO 1990
1990 cash compensation: Fulgoni, $277,379; Andress, $300,000
Shares owned: Fulgoni, 399,360; Andress, options for 69,919, of 18.81 million common shares
Employees: 3,000; 900 in Illinois
Foreign sales: 19 percent of $166.7 million total
May 1, 1991 value of $1,000 in company stock:
Purchased May 1, 1990: $1,299
Purchased May 1, 1986: $691
Information Resources is a major marketing-information services and research firm, and is believed to be the country`s leading supplier of data on consumer purchases of products sold primarily through supermarkets.
The company has gone through some big changes in the last few years. It lost momentum when rival Dun & Bradstreet Corp. proposed acquiring it for a whopping $600 million in 1987, and for a period after the deal`s collapse in the face of government antitrust objections. Price competition has been especially intense in the last two years. In 1990 the firm spun off a new in- store advertising product called VideOcart to its shareholders.
In 1991`s first quarter the company rebounded from a year-earlier loss, helped by sharply higher sales of computer programs that help clients analyze its data. Analysts have been predicting that the company`s 1991 results will be the best in several years.
