| | Business Summary | | Warrantech
Corporation,
through
its
wholly
owned
subsidiaries,
markets
and
administers
service
contracts
and
extended
warranties.
The
Company
is
a
third-party
administrator
for
a
variety
of
dealer/clients
in
selected
industries,
and
offers
call
center
and
technical
computer
services.
The
Company
assists
dealer/clients
in
obtaining
insurance
policies
from
independent
insurance
companies
for
all
contracts
and
programs
offered.
Warrantech
operates
under
three
major
business
segments:
Automotive,
Consumer
Products
and
International.
The
Automotive
segment
markets
and
administers
extended
warranties
on
automobiles,
light
trucks,
recreational
vehicles
and
automotive
components.
The
Consumer
Products
segment
markets
and
administers
extended
warranties
and
product
replacement
plans
on
household
appliances,
electronics
and
homes.
The
International
segment
markets
and
administers,
outside
the
United
States,
predominately
the
same
products
and
services
of
the
other
business
segments. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Warrantech
Corporation
markets
and
administers
service
contracts
and
extended
warranties
to
a
variety
of
dealers/clients
in
three
business
segments:
Automotive,
Consumer
Products
and
International.
For
the
three
months
ended
6/30/01,
revenues
fell
26%
to
$9.2
million.
Net
income
fell
46%
to
$131
thousand.
Results
reflect
lower
deferred
net
earned
administrative
fees
in
Automotive
segment
and
the
loss
of
the
Staples
account. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Joel San Antonio, 47
Chairman
and CEO | $733K | Richard Gavino, 53
Exec.
VP, CFO, and Treasurer | 238K | Ronald Glime, 55
Exec.
VP, Director | 323K | Jeanine Folz, 35
Sr.
VP, Insurance Services and Assistant Sec. | -- | Andrew Impavido, 58
Sr.
VP, Warrantech Motivation | -- | | Dollar amounts are as of 31-Mar-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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/w/wtec.ob.gif)