| Business Summary | | Wisconsin
Energy
Corporation
conducts
its
operations
primarily
in
three
operating
segments:
a
utility
energy
segment,
a
non-utility
energy
segment
and
a
manufacturing
segment.
The
Company's
primary
subsidiaries
are
Wisconsin
Electric
Power
Company,
Wisconsin
Gas
Company
and
WICOR
Industries,
Inc.
The
Company's
utility
business
provides
electricity,
gas
and
water
services.
The
non-utility
energy
segment
is
involved
in
the
development,
ownership
and
operation
of
independent
electric
generating
facilities;
natural
gas
purchasing
and
marketing;
and
others.
The
Company's
manufacturing
segment
produces
pumps,
water
treatment
products
and
fluid
handling
equipment
with
manufacturing,
sales
and
distribution
facilities
in
14
countries.
Other
non-utility
operating
subsidiaries
are
involved
in
developing
and
marketing
recycling
technologies,
and
developing
and
investing
in
real
estate. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | WEC,
a
holding
company,
is
principally
engaged
in
the
generation,
transmission,
distribution
and
sale
of
electric
energy,
gas
and
steam
to
customers
in
east
central
and
northern
WI
and
the
upper
peninsula
of
MI.
For
the
six
months
ended
6/30/01,
revenues
rose
60%
to
$2.21
billion.
Net
income
before
acct.
change
rose
53%
to
$123.4
million.
Results
reflect
the
acquisition
of
Wicor
and
higher
gas
prices,
partially
offset
by
reduced
operating
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Richard Abdoo, 56 Chairman,
Pres, CEO | $1.6M | George Wardeberg, 65 Vice
Chairman | 829K | Paul Donovan, 53 CFO,
Sr. VP | 1.0M | Richard Grigg, 52 Sr.
VP, Director | 906K | Larry Salustro, 53 Sr.
VP and Gen. Counsel of Wisconsin Energy, WICOR, Wisco Electric and Wisconsin | 589K | 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
|
|