| Business Summary | | Hawaiian
Electric
Industries,
Inc.
is
a
holding
company
with
subsidiaries
engaged
in
the
electric
utility,
savings
bank
and
other
businesses,
operating
primarily
in
the
State
of
Hawaii,
and
in
independent
power
and
integrated
energy
services
projects
in
Asia
and
the
Pacific.
Hawaiian
Electric
Company,
Inc.
(HECO)
and
its
operating
subsidiaries
are
regulated
electric
public
utilities,
providing
electric
public
utility
service
on
the
islands
of
Oahu,
Maui,
Lanai,
Molokai
and
Hawaii.
HECO
also
owns
all
the
common
securities
of
HECO
Capital
Trust
I
and
HECO
Capital
Trust
II. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | HE
is
a
holding
company
with
subsidiaries
engaged
in
electric
utility,
banking
services,
marine
transportation,
and
real
estate
development.
For
the
six
months
ended
6/30/01,
revenues
increased
6%
to
$863.7
million.
Net
income
rose
11%
to
$53.3
million.
Revenues
reflect
increased
kilowatthour
sales
and
higher
interest
earning
assets.
Earnings
also
benefited
from
reduced
international
power
operational
losses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Clarke, 58 Chairman,
Pres, CEO | -- | Robert Mougeot, 58 CFO,
VP-Fin., Treasurer | $268K | T. Michael May, 54 Sr.
VP, Pres and CEO - HECO, Director | 488K | Charles Wall, 61 VP,
CIO | -- | Andrew Chang, 61 VP
of Gov. Relations | -- | 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
|
|