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3. Corporate
The corporate division comprises, among other things, the
accounting, legal, properties, construction, and store-planning
departments. In the accounting department, Robert J. Norquist,
corporate controller, manages all functions of the general ledger
system, including the preparation of monthly financial
statements. Mr. Norquist is also responsible for the fixed asset
system; accounts payable; the payroll systems; tax returns for
sales tax, payroll tax, and excise tax; and the day-to-day
cashflow.
As head of the properties department, Marvin Prochaska is
responsible for the acquisition, development, management, and
disposition of real estate for Menards. Mr. Prochaska is also
responsible for Menards’s construction and store-planning
departments. The construction department provides onsite and
offsite construction management for Menards’s construction
projects, and store planning works with civil engineers to
develop site, structural, architectural, and floor plans.
C. Menards’s Officers and Shareholders
1. Officers
During TYE 1998, Menards’s corporate officers were Mr.
Menard, president and chief executive officer (CEO); Mr.
Prochaska, vice president of real estate; Earl Rasmussen, chief
financial officer and treasurer; and Chris Menard (C. Menard),
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Last modified: May 25, 2011