| Business Summary | | Covansys
Corporation
is
a
global
information
technology
services
company
that
brings
a
competitive
advantage
to
its
clients
by
delivering
results-oriented
information
management
solutions
with
a
scalable
delivery
model.
The
Company
offers
clients
a
focused
range
of
IT
services
specializing
in
Web-to-Enterprise
Integration
(WEI),
industry-specific
solutions
and
strategic
outsourcing.
The
Company's
range
of
experience
runs
from
advising
clients
on
IT
business
strategy
and
strategic
technology
plans
to
developing
and
implementing
appropriate
IT
applications
solutions. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Covansys
is
a
provider
of
information
technology
services
to
large
and
mid-size
organizations,
offering
a
broad
range
of
IT
services,
from
advising
and
strategic
plans
to
developing
and
implementing
IT
solutions.
For
the
six
months
ended
6/01,
revenues
rose
1%
to
$209.1
million.
Net
loss
applicable
to
Com.
from
continuing
operations
fell
24%
to
$15.3
million.
Results
reflect
an
increase
in
domestic
average
billing
rates
and
the
absence
of
a
$23.7
million
preferred
stock
conversion
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Rajendra Vattikuti, 51 Co-Chairman | $504K | Michael Bealmear, 53 Pres,
CEO, Director | 496K | Timothy Manney CFO,
Chief Accounting Officer, Exec. VP, Strategic Planning and | 454K | Tim Wolfe Exec.
VP | -- | Pat Meneely VP of HR | -- | 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
|
|