| Business Summary | | Nationwide
Financial
Services,
Inc.
was
formed
as
a
holding
company
for
Nationwide
Life
Insurance
Company
and
other
companies
that
comprise
the
retirement
savings
operations
of
the
Nationwide
group
of
companies
(Nationwide).
The
Company
is
a
provider
of
long-term
savings
and
retirement
products
in
the
United
States.
The
Company
develops
and
sells
a
diverse
range
of
products,
including
individual
annuities,
private
and
public
sector
pension
plans
and
other
investment
products
sold
to
institutions,
life
insurance
and
mutual
funds
and
other
asset
management
services.
The
Company
markets
its
products
through
a
broad
distribution
network,
including
independent
broker/dealers,
brokerage
firms,
financial
institutions,
pension
plan
administrators,
life
insurance
specialists,
Nationwide
agents,
Nationwide
Retirement
Solutions
and
The
401(k)
Company. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NFS
is
a
provider
of
long-term
savings
and
retirement
products,
including
variable
annuities,
fixed
annuities
and
life
insurance,
as
well
as
investment
management
services,
pension
products
and
administrative
services.
For
the
six
months
ended
6/30/01,
total
revenues
rose
2%
to
$1.61
billion.
Net
income
before
accounting
change
rose
9%
to
$228.7
million.
Results
reflect
increased
net
investment
income
and
the
benefits
of
aggressive
expense
management. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| W.G. Jurgensen, 49 Chairman,
CEO | $1.9M | Joseph Gasper, 57 Pres,
COO | 2.9M | Robert Oakley, 54 CFO,
Exec. VP | -- | Donna James, 43 Exec.
VP, CAO | -- | Galen Barnes, 54 Exec.
VP | -- | 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
|
|