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Friday, November 27, 2009, 11:27AM ET - U.S. Markets close early today in 1 hour and 33 minutes for The Thanksgiving Weekend. Dow Down 1.33% Nasdaq Down 1.22%
Commerce Group Corp. (CGCO.OB)On Nov 25: 0.07   0.00 (0.00%)  
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Commerce Group Corp.
6001 North 91st Street
Milwaukee, WI 53225-1795
United States - Map
Phone: 414-462-5310
Fax: 414-462-5312
Web Site: http://www.commercegroupcorp.com

DETAILS 
Index Membership:N/A
Sector:Basic Materials
Industry:Gold
Full Time Employees:30

BUSINESS SUMMARY 
Commerce Group Corp., together with its subsidiaries, engages in the exploration, exploitation, development, and production of precious metals in the Republic of El Salvador. It explores for gold and silver ores. The company, through its Commerce/Sanseb joint venture, owns interests in the San Sebastian Gold Mine consisting of approximately 1,470 acres of explored and unexplored mining prospects. It also holds interests in the Modesto Mine located near the city of Paisnal; the San Cristobal mill and plant situated on the Pan American Highway, west of the city of El Divisadero; the New San Sebastian exploration license covering an area of 41 square kilometers; and the Nueva Esparta exploration license comprising 45 square kilometers. The company was founded in 1962 and is headquartered in Milwaukee, Wisconsin.
Key Statistics

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    CORPORATE GOVERNANCE 
    Commerce Group Corp.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 3.9% of CGQ Universe companies and 3.4% of Materials companies.
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    KEY EXECUTIVES 
     PayExercised
    Mr. Edward A. Machulak , 57
    Chairman, Chief Exec. Officer, Pres, Member of Audit Committee, Member of Exec. Committee, Member of Compensation Committee and Member of Corp. Governance & Nominating Committee
    $ 178.00KN/A
    Mr. Sidney Sodos , 71
    Chief Financial Officer, VP, Treasurer, Director, Member of Audit Committee, Member of Corp. Governance & Nominating Committee, Member of Exec. Committee and Member of Compensation Committee
    N/A N/A
    Mr. John H. Curry , 69
    Exec. VP, Director, Member of Audit Committee, Member of Corp. Governance & Nominating Committee, Member of Exec. Committee and Member of Compensation Committee
    N/A N/A
    Mrs. Christine M. Wolski ,
    Corp. Sec.
    N/A N/A
    Mr. Luis Alfonso Limay , 67
    Assistant Sec.
    N/A N/A
    Dollar amounts are as of 31-Dec-09 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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