| Business Summary | | Hubbell
Incorporated
is
primarily
engaged
in
the
engineering,
manufacture
and
sale
of
electrical
and
electronic
products.
The
Electrical
Segment
is
comprised
of
businesses
that
primarily
sell,
through
distributors,
lighting
showrooms,
home
centers,
telephone
and
telecommunication
companies
and
represents
stock
items.
The
Power
Segment
operations
comprise
a
wide
variety
of
construction,
switching
and
protection
products,
hot-line
tools,
grounding
equipment,
cover-ups,
fittings
and
fasteners,
cable
accessories,
insulators,
arresters,
cutouts,
sectionalizers,
connectors
and
compression
tools.
The
Industrial
Technology
Segment
consists
of
operations
that
design
and
manufacture
test
and
measurement
equipment,
high-voltage
power
supplies
and
variable
transformers,
industrial
controls
including
motor
speed
controls,
pendant-type
push-button
stations,
overhead
crane
controls,
Gleason
Reel
electric
cable
and
hose
reels
and
specialized
communications
systems. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Hubbell
engineers,
manufactures
and
sells
electrical
and
electronic
products
for
a
broad
range
of
commercial,
industrial,
telecommunications
and
utility
applications.
For
the
six
months
ended
6/30/01,
revenues
decreased
4%
to
$685.3
million.
Net
income
decreased
44%
to
$43
million.
Revenues
reflect
reduced
demand
throughout
the
Company's
principal
industrial
markets.
Earnings
also
the
absence
of
a
$36.2
million
gain
on
the
sale
of
a
business. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000
Compensation | | Pay | Exer | |
| G. Jackson Ratcliffe, 64 Chairman | $1.4M | -- | Timothy Powers, 53 Pres,
CEO, Director | 606K | -- | Glenn Grunewald, 52 Exec.
VP, COO | 458K | $24K | Harry Rowell, Jr., 59 Exec.
VP | 598K | 126K | W. Robert Murphy Sr.
Group 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|