| Business Summary | | SCANA
Corporation
is
a
public
utility
holding
company
that
conducts
its
business
through
its
14
direct,
wholly
owned
subsidiaries.
A
subsidiary,
South
Carolina
Electric
&
Gas
Company
(SCE&G),
is
a
regulated
public
utility
engaged
in
the
generation,
transmission,
distribution
and
sale
of
electricity
and
in
the
purchase
and
sale,
primarily
at
retail,
of
natural
gas
in
South
Carolina.
SCE&G
also
renders
urban
bus
service
in
the
metropolitan
area
of
Columbia,
South
Carolina.
Another
subsidiary,
Public
Service
Company
of
North
Carolina,
Incorporated
is
a
public
utility
engaged
primarily
in
transporting,
distributing
and
selling
natural
gas
to
approximately
351,000
residential,
commercial
and
industrial
customers
in
31
counties
in
North
Carolina.
Through
SCANA
Energy
Marketing,
Inc.,
the
Company
markets
electricity,
natural
gas
and
other
light
hydrocarbons
primarily
in
the
southeast. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SCG
is
a
public
utility
holding
company
engaged
in
the
generation
and
sale
of
electricty,
as
well
as
in
the
purchase,
sale
and
transportation
of
natural
gas
to
wholesale
and
retail
customers
in
South
Carolina.
For
the
six
months
ended
6/01,
revenues
rose
39%
to
$2.06
billion.
Net
income
applicable
to
Common
before
acct'g
change
rose
from
$103
million
to
$464
million.
Results
reflect
entry
into
Georgia's
retail
gas
market,
and
gains
on
the
sale
of
investment
in
Powertel,
Inc. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| William Timmerman, 53 Chairman,
Pres, CEO | $1.1M | A Gibbes, 53 Pres,
Treasurer | 571K | K Marsh, 44 Sr.
VP - Fin., Chief Financial and Controller | 476K | H Arthur II, 54 Sr.
VP and Gen. Counsel | -- | A. Milligan, 40 Sr.
VP - Marketing | -- | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|