| | Business Summary | | Pennichuck
Corporation
is
a
holding
company
whose
principal
operating
subsidiaries
are
engaged
primarily
in
the
collection,
storage,
treatment,
distribution
and
sale
of
potable
water
throughout
Southern
and
Central
New
Hampshire.
These
subsidiary
corporations,
which
include
Pennichuck
Water
Works,
Inc.,
Pennichuck
East
Utility,
Inc.
and
Pittsfield
Aqueduct
Company,
Inc.,
are
each
engaged
in
business
as
a
regulated
public
utility.
They
collectively
serve
approximately
25,700
residential
and
2,000
commercial
and
industrial
customers.
The
Company
also
conducts
non-regulated,
water-related
management
services
and
contract
operations
through
another
subsidiary,
Pennichuck
Water
Service
Corporation. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | PNNW
is
a
holding
company
for
four
wholly
owned
subsidiaries
conducting
regulated
water
utility
operations
in
southern
N.H.
and
parts
of
MA,
and
one
subsidiary
which
manages
and
develops
real
estate.
For
the
six
months
ended
6/30/01,
revenues
increased
16%
to
$10
million.
Net
income
rose
31%
to
$1.4
million.
Revenues
benefited
from
three
major
commercial
land
sales.
Earnings
benefited
from
improved
gross
margins
and
lower
interest
expense. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Robert Keller, 63
Chairman | -- | -- | Maurice Arel, 63
Pres,
CEO, Director | $307K | -- | Charles Staab, 51
CFO,
VP, Treasurer, Director | 130K | $58K | Stephen Densberger, 50
Exec.
VP, Director | 152K | -- | Bonalyn Hartley, 56
VP,
Controller | 113K | -- | | 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/pnnw.gif)