| Business Summary | | Florida
East
Coast
Industries
Inc
is
a
holding
company
that
is
engaged,
through
four
wholly
owned
subsidiaries,
in
rail
and
trucking
operations,
real
estate,
and
telecommunications.
The
Company's
rail
operations
connect
many
of
the
major
population
centers
and
port
facilities
of
Florida,
and
provide
efficient
service
for
its
customers
through
multiple
competitive
connections
to
the
rest
of
North
America.
The
Company's
real
estate
subsidiary,
Flagler
Development
Company
has
extensive
and
valuable
real
estate
holdings
in
Florida.
EPIK
Communications
Incorporated,
another
subsidiary,
is
a
provider
of
wholesale
telecommunications
private
line
services
in
the
Southeast.
FECI
also
owns
Florida
Express
Carriers,
Inc.,
a
common
and
contract
motor
carrier
operating
throughout
the
United
States,
with
a
concentration
in
the
Southeast. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Florida
East
Coast
Industries
and
its
subsidiaries
principal
operations
relate
to
the
transportation
of
goods
by
rail
and
to
the
development,
leasing,
management
and
sale
of
real
estate.
For
the
six
months
ended
6/30/01,
revenues
increased
14%
to
$148.1
million.
Net
income
decreased
68%
to
$5.7
million.
Revenues
reflect
increased
Flagler
Realty
sales.
Net
income
was
offset
by
the
investment
and
net
operating
losses
of
EPIK. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Anestis, 55 Chairman,
Pres and CEO | $881K | Richard Smith CFO,
Exec. VP | -- | Heidi Eddins, 44 Exec.
VP, Sec. and Gen. Counsel | 412K | John McPherson, 54 Exec.
VP, Pres, Florida East Coast Railway Company | 513K | Michael Blackwell VP,
Intermodal Sales and Marketing | -- | 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
|
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