| Business Summary | | Potomac
Electric
Power
Company
is
engaged
in
three
principal
lines
of
business.
These
business
lines
consist
of
the
provision
of
regulated
electric
utility
transmission
and
distribution
services
in
the
Washington,
D.C.
metropolitan
area,
the
supply
of
telecommunications
services
including
local
and
long
distance
telephone,
high-speed
Internet
and
cable
television
and
the
supply
of
energy
products
and
services
in
competitive
retail
markets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Potomac
Electric
Power
is
engaged
in
regulated
utility
operations
and
in
diversified
competitive
energy
and
telecommunications
business
through
its
subsidiaries.
For
the
six
months
ended
6/30/01,
revenues
rose
5%
to
$1.23
billion.
Net
income
applicable
to
Common
rose
72%
to
$111.9
million.
Revenues
reflect
the
growth
in
Pepco
Energy
Services'
gas
and
electric
business.
Earnings
also
reflect
the
interest
from
the
divestiture
of
the
Company's
generation
assets. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Derrick, Jr., 61 Chairman,
CEO | $1.0M | Dennis Wraase, 57 Pres,
COO, Director | 677K | Andrew Williams, 51 CFO,
Sr. VP | 402K | William Torgerson, 56 Exec.
VP - External Affairs, Gen. Counsel | 567K | William Sim, 56 Sr.
VP - Power Delivery | 379K | 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
|
|