| Business Summary | | Vectren
Corporation
is
a
public
utility
holding
company,
whose
wholly
owned
subsidiary,
Vectren
Utility
Holdings,
Inc.,
is
the
intermediate
holding
company
for
Vectren's
three
operating
public
utilities:
Indiana
Gas
Company,
Inc.,
formerly
a
wholly
owned
subsidiary
of
Indiana
Energy,
Southern
Indiana
Gas
and
Electric
Company,
formerly
a
wholly
owned
subsidiary
of
SIGCORP,
and
the
Ohio
operations.
Vectren
segregates
its
businesses
into
regulated
and
non-regulated
entities.
As
of
December
31,
2000,
Vectren
had
$2.9
billion
in
total
assets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | VVC
is
a
public
utility
holding
company
whose
subsidiaries
provide
natural
gas
distribution
and
generate,
transmit,
distribute
and
sell
electric
energy
to
counties
in
southwestern
IN.
For
the
six
months
ended
6/30/01,
operating
revenues
totaled
$1.32
billion,
up
from
$622.9
million.
Net
income
before
accounting
change
and
extraordinary
item
remained
flat
at
$30.5
million.
Revenues
reflect
higher
energy
services
revenues.
Earnings
were
partially
offset
by
a
higher
cost
of
gas
sold
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Niel Ellerbrook, 52 Chairman,
CEO | $1.5M | -- | Andrew Goebel, 53 Pres,
COO, Director | 488K | $88K | Jerome Benkert, Jr., 42 Exec.
VP, CFO | 569K | -- | Carl Chapman, 45 Exec.
VP | 738K | -- | J. Gordon Hurst, 57 Exec.
VP | 374K | -- | 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
|
|