| Business Summary | | ANC
Rental
Corporation
owns
and
operates
car
rental
businesses
under
the
brand
names
Alamo
and
National.
The
Company's
rental
operations
maintain
a
strong
presence
in
the
airport
leisure
and
business
travel
market
and
a
growing
presence
in
the
off-airport
insurance
replacement
and
neighborhood
market
of
the
automotive
rental
industry.
Alamo
and
National
serve
the
daily
rental
needs
of
both
leisure
and
business
travelers
from
a
network
of
approximately
3,000
on-airport
and
near-airport
locations
in
all
50
states
of
the
United
States,
as
well
as
in
Canada,
Mexico,
Europe,
the
Caribbean,
Latin
America,
Asia,
the
Pacific
Rim,
Africa
and
the
Middle
East.
The
Company's
insurance
replacement
and
neighborhood
rental
business,
formerly
known
as
CarTemps
USA
and
now
operated
under
its
Alamo
brand
name,
operates
in
more
than
400
locations
throughout
the
United
States. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ANC
Rental
Corporation
opeates
in
three
automotive
rental
industries:
leisure
travel,
business
travel
and
vehicle
replacement
under
the
brand
names
of
Alamo
and
National.
For
the
six
months
ended
6/30/01,
revenues
fell
6%
to
$1.62
billion.
Net
loss
before
acct.
change
rose
from
$9
million
to
$63.7
million.
Results
reflect
economic
downturn,
price
competition
in
N.A.
airport
markets,
the
decline
in
charge
day
volume
and
a
$2.3
million
interest
rate
hedges
adjustment
cost. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Michael Egan, 61 Chairman,
CEO | $173K | Karen Beard, 52 Pres,
North America Alamo and National | 401K | Todd Faver, 38 Pres,
Alamo Local Market Division | -- | Kathleen Hyle, 42 Sr.
VP, CFO | 350K | Howard Schwartz, 51 Sr.
VP, Gen. Counsel, Sec. | 331K | 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
|
|