| Business Summary | | MAXXAM
Inc.
is
a
holding
company
and,
as
such,
conducts
substantially
all
of
its
operations
through
its
subsidiaries.
The
Company
operates
in
four
principal
industries:
aluminum,
through
its
majority
owned
subsidiary
Kaiser
Aluminum
Corp.
and
Kaiser
Aluminum
&
Chemical
Corp.;
forest
products,
through
MAXXAM
Group
Inc.
and
its
subsidiaries;
real
estate
investment
and
development
through
its
wholly
owned
subsidiary
MAXXAM
Property
Co.;
and
racing
operations
through
Sam
Houston
Race
Park
Ltd. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MAXXAM
Inc.
is
a
holding
company
and
through
it's
subsidiaries
is
engaged
in
aluminum
production,
forest
products
and
real
estate
investment
and
development.
For
the
six
months
ended
6/30/01,
net
sales
fell
16%
to
$1.06
billion.
Net
income
before
extraordinary
items
rose
38%
to
$19
million.
Revenues
suffered
from
decreased
alumina
shipments
and
lower
average
realized
prices.
Earnings
were
offset
by
non-recurring
gains
on
power
sales. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Charles Hurwitz, 60 Chairman,
CEO, | $1.5M | Paul Schwartz, 54 Pres,
CFO, Director | 1.1M | J. Kent Friedman, 57 Vice
Chairman, Gen. Counsel | 923K | John La Duc, 58 Sr.
VP | 885K | Robert Cole, 54 VP,
Federal Gov. Affairs | -- | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|