| Business Summary | | NewPower
Holdings
Inc.
is
a
nationally
branded
provider
of
electricity
and
natural
gas
to
residential
and
small
commercial
customers
in
the
United
States.
Through
its
subsidiary,
The
New
Power
Company,
the
Company
is
offering
customers
in
restructured
retail
energy
markets
competitive
energy
prices,
flexible
payment
and
pricing
choices,
improved
customer
service,
and
other
products,
services
and
incentives.
Although
its
initial
focus
will
be
on
providing
electricity
and
natural
gas,
as
the
Company
develops
its
business,
the
Company
will
offer
additional
products,
services
and
customized
solutions
for
residential
and
small
commercial
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NewPower
Holdings,
Inc.,
through
its
subsidiary
The
New
Power
Company,
provides
electricity
and
natural
gas
directly
to
households
and
small
businesses
in
the
deregulated
energy
marketplace.
For
the
six
months
ended
6/30/01,
total
revenues
totaled
$190.6
million,
up
from
$4.8
million.
Net
loss
totaled
$105.8
million,
up
from
$42.4
million.
Revenues
reflect
growth
in
customer
portfolios.
Higher
loss
reflects
an
increase
in
staff
and
infrastructure
to
support
growth. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Lou Pai, 53 Chairman | -- | H. Eugene Lockhart, 51 Pres,
CEO, Director | $6.7M | William Jacobs, 59 CFO,
Managing Director, Director | 1.8M | William Cronin, 38 Managing
Director, Risk Control | -- | Marc Manly, 49 Managing
Director, Law and Gov. Affairs | 596K | 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
|
|