| Business Summary | | Household
International,
Inc.
is
principally
a
non-operating
holding
company.
Household's
subsidiaries
primarily
provide
middle-market
consumers
with
several
types
of
loan
products
in
the
United
States,
the
United
Kingdom
and
Canada.
The
Company
offers
real
estate
secured
loans,
auto
finance
loans,
MasterCard
and
Visa
credit
cards,
private-label
credit
cards,
tax
refund
anticipation
loans,
retail
installment
sales
finance
loans
and
other
types
of
unsecured
loans,
as
well
as
credit
and
specialty
insurance.
The
Company's
operations
are
divided
into
three
reportable
segments,
Consumer,
Credit
Card
Services
and
International.
The
Company's
Consumer
segment
includes
its
consumer
lending,
retail
services
and
auto
finance
businesses.
The
Company's
Credit
Card
Services
segment
includes
its
domestic
MasterCard
and
Visa
credit
card
business.
The
Company's
International
segment
includes
its
foreign
operations
in
the
United
Kingdom
and
Canada. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | HI
provides
consumer
lending
products
to
middle
market
consumers
in
the
U.S.,
U.K.,
and
Canada.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
22%
to
$4.88
billion.
Net
interest
income
after
loan
loss
provision
rose
10%
to
$1.37
billion.
Net
income
applicable
to
Common
rose
15%
to
$866.2
million.
Net
interest
income
reflects
strong
growth
in
managed
receivables
and
the
Union
Privilege
portfolio.
Net
income
also
reflects
higher
insurance
and
fee
revenues. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| William Aldinger, 53 Chairman
and CEO | $13.4M | $9.1M | Lawrence Bangs, 64 Vice
Chairman | 2.7M | -- | David Schoenholz, 49 CFO,
Exec. VP | 7.6M | 1.4M | Colin Kelly, 58 Sr.
VP--Admin. | -- | -- | Craig Streem VP,
Corp. Relations and Communications | -- | -- | 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
|
|