| Business Summary | | Pope
Resources
L.P.
operates
in
three
primary
business
segments:
Fee
Timber,
Timberland
Management
and
Consulting,
and
Real
Estate.
Fee
Timber
operations
consist
of
the
growing
and
harvesting
of
timber
from
the
Company's
tree
farm.
Timberland
Management
and
Consulting
encompasses
providing
timberland
management
and
forestry
consulting
services
to
third-party
owners
of
timberlands.
Real
Estate
consists
of
residential
development
and
income-producing
property
operations
in
the
resort
community
of
Port
Ludlow,
Washington
and,
to
a
lesser
extent,
engages
in
activities
to
realize
the
value
of
investments
in
land
by
obtaining
the
entitlements
necessary
to
make
further
development
possible.
In
2001
the
majority
of
the
Real
Estate
segment
and
a
portion
of
the
Timberland
Management
and
Consulting
segment
is
expected
to
be
sold. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | POPEZ
is
a
limited
partnership
that
operates
in
two
primary
industry
segments,
Timberland
Resources
and
Real
Estate.
POPEZ
sells
logs
and
standing
timber,
and
single
family
homes,
finished
lots
and
undeveloped
acreage.
For
the
six
months
ended
6/30/01,
revenues
fell
5%
to
$26.1
million.
Net
income
applicable
to
limited
partners
fell
95%
to
$204
thousand.
Revenues
reflect
a
decrease
in
timber
harvested.
Earnings
reflect
higher
depletion
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Allen Symington Chairman,
CEO | -- | -- | David Nunes, 38 Pres,
COO | -- | -- | Thomas Ringo, 46 Sr.
VP, Fin. and Client Relations | $194K | $28K | Craig Jones, 45 Sr.
VP, Gen. Counsel and Sec. | 226K | 28K | Thomas Gilkey, 53 Sr.
VP, Timberlands | 208K | 22K | 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
|
|