| Business Summary | | Energy
East
Corporation
is
a
super-regional
energy
services
and
delivery
company
with
operations
in
New
York,
Connecticut,
Massachusetts,
Maine,
New
Hampshire
and
New
Jersey.
The
Company's
principal
energy
delivery
business
is
transmitting
and
distributing
electricity
in
New
York
and
Maine
and
transporting,
storing
and
distributing
natural
gas
in
New
York,
Connecticut,
Maine,
Massachusetts
and
New
Hampshire.
The
Company
also
generates
electricity
from
its
share
of
a
nuclear
plant
and
its
several
hydroelectric
stations.
The
Company
has
operationally
organized
its
non-utility
businesses
under
The
Energy
Network.
Those
businesses
own
assets
and
operate
facilities
in
peaking
electric
generation,
peaking
gas
storage,
energy
services,
district
heating
and
cooling,
gas
transmission,
propane
distribution
and
telecommunications. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Energy
East
Corporation
is
a
super-regional
energy
services
and
delivery
company
with
operations
in
NY,
CT,
MA,
ME,
NH
and
NJ
and
offices
in
NY
and
CT.
For
the
six
months
ended
6/30/01,
revenues
rose
69%
to
$2.12
billion.
Net
income
fell
5%
to
$142.2
million.
Revenues
reflect
acquisitions.
Higher
income
was
offset
by
increased
purchased
gas
expenses
due
to
higher
market
prices
and
an
increase
in
purchased
electricity
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Wesley Von Schack, 55 Chairman,
CEO | $3.1M | -- | Kenneth Jasinski, 51 Exec.
VP and Gen. Counsel | 781K | -- | Michael German, 49 Sr.
VP | 918K | -- | Robert Kump, 38 VP,
Treasurer | 233K | $87K | Robert Rude, 47 VP,
Controller | 228K | 51K | 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
|
|