| Business Summary | | First
Data
Corporation
is
a
financial
services
entity
that
operates
in
the
four
business
segments
of
payment
services,
merchant
services,
card
issuing
services
and
emerging
payments.
The
payment
services
segment
includes
Western
Union,
Integrated
Payment
Systems
and
Orlandi
Valuta
Cos.,
and
is
a
provider
of
nonbank
money
transfer
and
payment
services
to
consumers
and
commercial
entities.
The
merchant
services
segment
is
comprised
of
First
Data
Merchant
Services,
TeleCheck
and
First
Data
Financial
Services.
The
segment
provides
merchants
with
credit
and
debit
card
transaction
processing
services.
The
card
issuing
services
segment,
represented
by
First
Data
Resources,
provides
a
comprehensive
line
of
products
and
processing
and
related
services
to
financial
institutions,
issuing
Visa
and
MasterCard
credit
cards
and
other
debit
cards.
The
emerging
payments
segment
is
comprised
solely
of
eONE
Global. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | First
Data
Corporation
provides
high-volume
information
processing
and
related
services,
payment
instruments,
card
issuer
services,
and
merchant
processing
services.
For
the
six
months
ended
6/30/01,
total
revenues
rose
10%
to
$3.04
billion.
Net
income
before
accounting
change
rose
14%
to
$435.6
million.
Results
reflect
persistent
international
expansion
efforts,
entry
into
new
adjacent
markets
and
$36.5
million
of
divestiture
reversals. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Henry Duques, 57 Chairman,
CEO | $1.9M | $16.3M | Charles Fote, 52 Pres,
COO, Director | 1.5M | 1.9M | Kimberly Patmore, 44 Exec.
VP and CFO | -- | -- | Michael Whealy, 48 Exec.
VP, Sec., Gen. Counsel and CAO | 805K | -- | Eula Adams, 51 Exec.
VP | 758K | 469K | 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
|
|