EMULEX CORP.

L.A. Times Archives

Dec. 10, 1988 12 AM PT

ADDRESS: 3545 Harbor Blvd., Costa Mesa

BUSINESS: The company designs, makes and sells mass storage peripheral controller and communications multiplexer products for use with minicomputers and microcomputers.

ASSETS: $85.2 million (July 3)

NUMBER OF EMPLOYEES: 863

TOP EXECUTIVES:

Name Position Fred B. Cox Chairman, president, chief executive officer Sol Zechter Senior vice president, business development Jay O’Donald Senior vice president, engineering and product development $157,931

Cash Name Compensation Fred B. Cox $208,931 Sol Zechter $180,322 Jay O’Donald development

Source: Company proxy report dated Nov. 17.

BOARD OF DIRECTORS

Shares Name Age Occupation owned Fred B. Cox 54 Chairman, president and chief executive 1,047,000 of the company Robert H. Goon 47 Partner in the law firm Jeffer, Mangels 21,352 & Butler; counsel to the company Graham Tyson 65 Independent consultant 5,500 James W. Storey 54 Independent consultant 3,125 Marshall A. Petersen 50 Chief financial officer, -- Superconductor Technologies Inc.

% of total Name shares Fred B. Cox 9.1 Robert H. Goon -- Graham Tyson -- James W. Storey -- Marshall A. Petersen --

OTHER MAJOR SHAREHOLDERS

Shares % of total Name owned shares William H. Roberts 700,000 6.1 Pacific Financial Research 611,900 5.3

Source: Company proxy report dated Nov. 17.

NOTE: TA Associates, Boston, disclosed in November that it holds 779,432 Emulex shares, or 6.9%of the total outstanding.

FINANCIAL RESULTS

Fiscal year ends in late June or early July. Earnings and revenue in millions of dollars.

1988 1987 1986 1985 Sales $125.1 $103.8 $104.9 $103.2 Earnings (loss) 9.1 3.5 7.5 7.8 Per share 0.75 0.26 0.56 0.59

STOCK DATA

Stock exchange: OTC

Shares outstanding (Dec. 31): 12,152,000

52-week high: $11.125