| Business Summary | | Public
Service
Enterprise
Group
Incorporated
(PSEG)
is
an
exempt
public
utility
holding
company.
PSEG
has
four
principal
direct
wholly
owned
subsidiaries:
Public
Service
Electric
and
Gas
Company,
an
operating
public
utility
company;
PSEG
Power
LLC,
a
limited
liability
company
that
is
engaged
in
the
generation
and
wholesale
energy
marketing
and
trading
of
electric
energy;
PSEG
Energy
Holdings
Inc.,
which
participates
in
three
energy-related
lines
of
business
through
its
principal
wholly
owned
subsidiaries;
and
PSEG
Services
Corporation,
which
provides
management
and
administrative
services
to
PSEG
and
its
subsidiaries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Public
Service
Enterprise
Group
is
a
public
utility
holding
company
with
four
wholly
owned
subsidiaries:
Public
Service
Electric
and
Gas,
PSEG
Power
LLC,
PSEG
Energy
Holdings
Inc.
and
PSEG
Services
Corporation.
For
the
six
months
ended
6/01,
revenues
rose
7%
to
$4.99
billion.
Net
income
before
extraordinary
items
and
accounting
change
fell
4%
to
$397
million.
Results
reflect
increased
gas
distribution
activities,
offset
by
increased
prices
for
natural
gas. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| E. James Ferland, 59 Chairman,
Pres and CEO | $2.3M | $58K | Thomas O'Flynn CFO,
Exec. VP | -- | -- | Frank Cassidy, 54 Pres,
Power | -- | -- | Robert Dougherty, Jr., 49 Pres
and COO (Energy Holdings) | -- | -- | Alfred Koeppe, 54 Pres
and Chief Operating Officer (PSE&G) | 692K | 14K | 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
|
|