| | Business Summary | | Pinnacle
West
Capital
Corp.
owns
all
of
the
outstanding
common
stock
of
Arizona
Public
Service
Company
(APS).
APS
provides
retail
and
wholesale
electric
service
to
the
entire
state
with
the
exception
of
Tucson
and
about
one-half
of
the
Phoenix
area.
APS
also
generates
and,
directly
or
through
the
Company's
power
marketing
division,
sells
and
delivers
electricity
to
wholesale
customers
in
the
western
United
States.
The
Company's
other
major
subsidiaries
are
Pinnacle
West
Energy,
through
which
the
Company
intends
to
conduct
its
unregulated
generation
operations;
APS
Energy
Services,
which
sells
energy
and
energy-related
products
and
services
in
competitive
retail
markets
in
the
western
United
States;
SunCor,
which
is
a
developer
of
residential,
commercial
and
industrial
real
estate
projects
in
Arizona,
New
Mexico
and
Utah,
and
El
Dorado,
which
is
primarily
a
venture
capital
and
investment
firm. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | PNW
owns
four
subsidiaries:
APS,
an
Arizona
electric
utility
concern;
SunCor
-a
residential,
commercial
and
industrial
developer;
Eldorado,
a
venture
capital
unit,
and
Pinnacle
West
Energy
Corp.
For
the
six
months
ended
6/30/01,
revenues
rose
79%
to
$2.23
billion.
Net
income
before
accounting
change
decreased
10%
to
$129.1
million.
Results
reflect
increased
electric
wholesale
revenues,
offset
by
higher
fuel
and
purchased
power
expenses. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| William Post, 50
Chairman,
CEO | $1.6M | $615K | Jack Davis, 54
Pres,
Director | 1.0M | 278K | William Stewart, 57
Pres
of Pinnacle West Energy and APS Generation, Director | 1.3M | 72K | Armando Flores, 57
Exec.
VP, Corp. Bus. Services | 458K | -- | Steven Wheeler
Sr.
VP, Transmission Operations, Regulation and Planning | -- | -- | | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/p/pnw.gif)