| Business Summary | | Concord
EFS,
Inc.
is
a
vertically
integrated
electronic
transaction
processor.
Concord
acquires,
routes,
authorizes,
captures,
and
settles
all
types
of
non-cash
payment
transactions
for
retailers
and
financial
institutions
nationwide.
Concord's
primary
activities
consist
of:
Payment
Services,
which
provides
payment
processing
for
supermarkets,
major
retailers,
petroleum
dealers,
convenience
stores,
trucking
companies,
and
independent
retailers;
and
Network
Services,
which
provides
automated
teller
machine
(ATM)
processing,
debit
card
processing,
and
debit
network
access
for
financial
institutions. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Concord
EFS,
Inc.
provides
electronic
transaction
authorization,
processing,
settlement
and
funds
transfer
services
on
nationwide
basis.
For
the
six
months
ended
6/30/01,
revenues
rose
24%
to
$796.3
million.
Net
income
fell
52%
to
$45.2
million.
Revenues
reflect
increased
transaction
volume,
a
higher
number
of
ATMs
driven
and
new
customers.
Net
income
was
offset
by
$125.4
million
in
non-recurring
charges
related
to
acquisitions
and
restructuring
initiatives. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Dan Palmer, 58 Chairman,
CEO | $859K | $16.2M | Edward Labry, III, 38 Pres,
Director | 859K | 16.1M | Edward Haslam, 48 CFO | 429K | -- | William Lucado, 60 Sr.
VP, Chief Investment and Compliance Officer | 231K | 1.0M | Vickie Brown, 47 Sr.
VP, COO, EFS National Bank | 252K | 4.8M | 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
|
|