| Business Summary | | Centex
Corporation
is
a
multi-industry
company
with
operates
in
six
principal
business
segments.
Conventional
Homes
operations
involve
the
construction
and
sale
of
single-family
homes,
town
homes
and
low-rise
condominiums,
and
the
purchase
and
development
of
land.
Investment
Real
Estate
operations
involve
the
acquisition,
development
and
sale
of
land,
and
the
development
of
industrial,
office,
retail
and
mixed-use
projects.
Financial
Services
operations
involve
the
financing
of
homes,
home
equity
and
sub-prime
lending,
and
the
sale
of
insurance
coverages.
Construction
Products
involves
cement
production
and
distribution,
and
the
production,
distribution
and
sale
of
gypsum
wallboard,
readymix
concrete,
aggregates
and
recycled
paperboard.
Contracting
and
Construction
Services
involves
the
construction
of
buildings.
Centex
HomeTeam
Services
is
involved
in
pest
and
termite
control,
lawn
and
landscape
care,
electronic
security,
alarm
monitoring
and
homewiring
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Centex
Corp.
operates
in
six
principal
business
segments:
Home
Building,
Investment
Real
Estate,
Financial
Services,
Construction
Products,
Contracting
and
Construction
Services
and
Home
Services.
For
the
three
months
ended
6/30/01,
revenues
rose
19%
to
$1.71
billion.
Net
income
rose
56%
to
$75.2
million.
Revenues
reflect
increased
conventional
homes
sold
and
higher
average
prices.
Earnings
also
benefitted
from
lower
raw
material
costs
and
process
improvements. | More
from
Market Guide: Significant
Developments |
| | | | FY2001
Compensation | | Pay | Exer | |
| Laurence Hirsch, 55 Chairman
and CEO | $4.3M | -- | David Quinn, 59 Vice
Chairman | 4.2M | $2.5M | Leldon Echols, 45 CFO,
Exec. VP | 1.3M | -- | Raymond Smerge, 57 CLO,
Exec. VP, Gen. Counsel and Sec. | 1.1M | 962K | Timothy Eller, 52 Exec.
VP | 4.8M | -- | Dollar amounts are as of 31-Mar-2001 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
|
|