| Business Summary | | Taubman
Centers
Inc.
owns,
develops,
acquires,
and
operates
regional
shopping
centers.
The
Company
is
the
managing
general
partner
of
The
Taubman
Realty
Group
Limited
Partnership.
The
Company
has
a
partnership
interest
in
the
Operating
Partnership,
through
which
it
conducts
all
its
operations.
The
Company's
portfolio
included
16
urban
and
suburban
Centers
located
in
seven
states.
The
Operating
Partnership
also
owns
certain
regional
retail
shopping
center
development
projects
and
more
than
99%
of
The
Taubman
Company
Limited
Partnership,
which
manages
the
shopping
centers,
and
provides
other
services
to
the
Operating
Partnership
and
the
Company.
The
Company
is
a
real
estate
investment
trust. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Taubman
Centers,
Inc.
is
a
real
estate
investment
trust
which
owns,
operates,
manages,
leases,
acquires,
develops,
and
expands
regional
shopping
centers.
For
the
six
months
ended
6/01,
revenues
increased
13%
to
$162.4
million.
Net
income
applicable
to
Com.
before
extraordinary
items
and
accounting
change
decreased
61%
to
$1.4
million.
Revenues
reflect
increased
expense
recoveries.
Earnings
were
offset
by
increased
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| A. Alfred Taubman, 76 Chairman | -- | Robert Taubman, 47 Pres,
CEO, Director | $1.2M | Lisa Payne, 42 Exec.
VP, CFO, Director | 822K | William Taubman, 42 Exec.
VP, Director | 778K | Courtney Lord, 50 Sr.
VP, Managing Director, Leasing | 559K | 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
|
|