| | Business Summary | | FPL
Group,
Inc.
is
a
public
utility
holding
company.
FPL
Group's
principal
subsidiary,
Florida
Power
&
Light
Company,
is
engaged
in
the
generation,
transmission,
distribution
and
sale
of
electric
energy.
FPL
Group
Capital,
Inc.,
a
wholly
owned
subsidiary
of
FPL
Group,
holds
the
capital
stock
and
provides
funding
for
the
operating
subsidiaries
other
than
FPL.
The
business
activities
of
these
operating
subsidiaries
primarily
consist
of
FPL
Energy's
independent
power
projects. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | FPL
Group,
Inc.
is
engaged
in
the
generation,
transmission,
distribution
and
sale
of
electric
energy
to
3.8
million
customers
throughout
most
of
the
east
and
lower
west
coasts
of
Florida.
FPL
is
also
involved
in
independent
power
projects.
For
the
six
months
ended
6/30/01,
revenues
rose
31%
to
$4.11
billion.
Net
income
rose
1%
to
$329
million.
Results
reflect
higher
usage
per
retail
customer,
partially
offset
by
$30
million
in
merger-related
expenses. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Broadhead, 64
Chairman | $21.7M | Lewis Hay, III, 45
Pres,
CEO, Director | 7.6M | Moray Dewhurst, 46
CFO | -- | Lawrence Kelleher, 53
VP,
HR | -- | Robert McGrath, 47
Treasurer
of FPL Group and FPL | -- | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/f/fpl.gif)