| Business Summary | | Ameren
Corporation
is
a
public
utility
holding
company
that
does
not
own
or
operate
any
significant
assets
other
than
the
stock
of
its
subsidiaries.
Ameren's
primary
operating
subsidiaries
are
AmerenCIPS,
AmerenUE
and
AmerenEnergy
Generating
Company,
which
are
engaged
principally
in
the
generation,
transmission,
distribution
and
sale
of
electric
energy,
and
the
purchase,
distribution,
transportation
and
sale
of
natural
gas.
AmerenCIPS,
a
first-tier
subsidiary,
supplies
electric
and
gas
utility
service
to
territories
in
central
and
southern
Illinois.
AmerenCIPS
supplies
electric
service
to
about
325,000
customers
and
natural
gas
service
to
about
175,000
customers.
AmerenUE,
also
a
first
tier
subsidiary
supplies
electric
and
gas
service
in
territories
in
Missouri
and
Illinois,
including
the
greater
St.
Louis
area.
AmerenUE
supplies
electric
service
to
about
1.1
million
customers
and
natural
gas
service
to
about
125,000
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Ameren
Corp.,
a
holding
Co.
with
two
subsidiaries,
Union
Electric
and
CIPS,
is
engaged
in
the
generation,
transmission
and
distribution
of
electricity
and
the
transmission
and
distribution
of
natural
gas
to
customers
in
MO
and
IL.
For
the
six
months
ended
6/01,
revenues
rose
18%
to
$2.08
billion.
Net
income
before
acct.
change
fell
9%
to
$160
million.
Results
reflect
new
contracts
acquired
and
favorable
weather
conditions,
offset
by
higher
gas
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Charles Mueller, 62 Chairman,
CEO | $975K | Gary Rainwater, 55 Pres,
COO | 525K | Donald Brandt, 46 Sr.
VP | 471K | Warner Baxter, 39 VP
and Controller | -- | Steven Sullivan, 40 VP,
Gen. Counsel and Sec. | -- | 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
|
|