- 11 -
Petitioner’s Directors, Officers, and Other Noteworthy Employees
During each subject year, petitioner employed approximately
150 individuals, including Haff, Emile, and Louise. It did not
have a written employment agreement with any of these
individuals. Many of the employees, including Haff, Emile, and
Louise, spent a significant amount of their time working on the
business of HCC and Parker. Haff, Emile, and Louise also devoted
a significant amount of their time to the business of the
nonoperating entities owned by the Haffner/Fournier family.
Petitioners’ directors during each subject year were Haff,
Emile, and Louise. The directors did not hold formal board
meetings but generally spoke with each other daily without
memorializing their discussions. Haff, upon discussions with
Emile and Louise in their capacity as board members, established
petitioner’s business plan and its employees’ compensation.
Haff, upon discussions with Emile and Louise in their capacity as
board members, decided matters contributing to petitioner’s
growth in the industry (e.g., finding new locations at which to
sell its products).
Petitioner’s officers during the subject years were Haff,
Richard, Emile, and Louise. Haff was president and CEO. Richard
was vice president. Louise was treasurer. Emile was assistant
treasurer and secretary. Emile and Louise were each about 80
years old at that time and receiving Social Security.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011