| | Business Summary | | The
FINOVA
Group
Inc.
is
a
financial
services
holding
company.
Through
its
principal
operating
subsidiary,
FINOVA
Capital,
the
Company
provides
a
broad
range
of
financing
and
capital
markets
products,
primarily
to
mid-size
businesses.
In
May
2001,
FINOVA
and
eight
of
its
subsidiaries,
including
FINOVA
Capital
Corporation,
filed
a
proposed
Joint
Plan
of
Reorganization
with
the
United
States
Bankruptcy
Court.
The
Plan
contemplates
implementation
of
a
restructuring
transaction
with
Berkadia
LLC,
a
joint
venture
of
Berkshire
Hathaway
Inc.
and
Leucadia
National
Corporation.
The
Company's
business
groups
are
comprised
of
Specialty
Finance,
Capital
Markets
and
Commercial
Finance. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | The
FINOVA
Group
Inc.
is
a
financial
services
holding
company
that
provides
a
broad
range
of
financing
and
capital
market
products
to
midsize
businesses.
For
the
six
months
ended
6/30/01,
total
revenues
decreased
22%
to
$457
million.
Net
loss
from
continuing
operations
applicable
to
Common
totalled
$492.8
million
vs.
an
income
of
$103.3
million.
Revenues
reflect
a
decrease
in
interest,
fees
and
other
income.
Net
loss
suffered
from
higher
loss
provisions
and
losses
on
investments. | | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| G. Robert Durham, 71
Chairman | -- | William Hallinan, 56
Pres,
CEO, Gen. Counsel | $1.2M | Meilee Smythe, 44
Sr.
VP and Treasurer | -- | Bruno Marszowski, 58
Sr.
VP, Controller and CFO | -- | William Roche, 46
Sr.
VP- HR & Facilities Planning | -- | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/f/fnv.gif)