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Fred DiSanto’s and Mr. DiSanto’s nephew, Jason Yates, worked
for MD&F after he graduated from business school at the
University of Tennessee. He worked for MD&F’s financial officer,
H.L. (Bo) Browning. By 1990, he had become a member of MD&F’s
management.
On November 26, 1992, the ownership of MD&F’s stock was as
follows:
Number of shares Percentage
Shareholder outstanding of total
Frank M. DiSanto 186,177 53.50
Alfred R. DiSanto 86,752 24.93
Gloria Yates 13,605 3.91
Byrnadette DiSanto 12,102 3.48
Roxanne DiSanto 12,102 3.48
Frank R. DiSanto 12,102 3.48
Robert E. Papuga 8,700 2.50
Rocco DiSanto 5,484 1.58
Donna Gooch 5,484 1.58
Andrea DiSanto 5,484 1.58
Total 347,992 100
On November 26, 1992, the officers of MD&F were: Mr.
DiSanto, president and chief executive officer; Fred DiSanto,
vice president; H.L. Browning, secretary-treasurer; Robert E.
Papuga, vice president and plant manager; and Rocco DiSanto,
assistant secretary-treasurer.
3. Financial Condition
MD&F’s net income and losses from 1988 to 1993 were as
follows:
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Last modified: May 25, 2011