| Business Summary | | DQE,
Inc.
is
a
multi-utility
delivery
and
services
company.
The
Company's
operating
subsidiaries
are
Duquesne
Light
Company,
AquaSource,
Inc.,
DQE
Energy
Services,
Inc.,
DQE
Enterprises,
Inc.,
DQE
Financial
Corp.,
DQE
Communications
and
ProAm,
Inc.
The
Company's
financial,
non-operating
subsidiaries
are
Cherrington
Insurance,
Ltd.
and
DQE
Capital
Corporation.
Duquesne
Light,
the
Company's
largest
operating
subsidiary,
is
an
electric
utility
engaged
in
the
transmission
and
distribution
of
electric
energy.
AquaSource,
its
second
largest
operating
subsidiary,
is
a
water
resource
management
company
that
acquires,
develops
and
manages
water
and
wastewater
systems
and
complementary
businesses. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | DQE
is
a
multi-utility
delivery
and
services
company.
Its
subsidiaries
are:
Duquesne
Light
Company,
AquaSource,
DQE
Energy
Services,
Duquesne
Enterprises,
DQE
Systems
and
DQE
Financial.
For
the
six
months
ended
6/30/01,
revenues
fell
1%
to
$634
million.
Net
loss
appl.
to
Comm.
before
acct.
change
totaled
$109.7
million,
vs.
an
income
of
$53.8
million.
Revenues
reflect
a
decrease
in
electricity
supply.
Net
loss
also
reflects
a
$109.2
million
asset
impairment
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| David Marshall, 47 Pres,
CEO | $764K | $556K | Morgan O'Brien, 41 COO | 233K | -- | Victor Roque, 53 Exec.
VP, Gen. Counsel, Sec. | 375K | 62K | William DeLeo, 49 VP
and CAO | 266K | 319K | Frosina Cordisco, 48 VP,
Treasurer | -- | -- | Dollar
amounts are as of 31-Dec-1999 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
|
|