| | Business Summary | | Philadelphia
Suburban
Corporation
is
the
holding
company
for
regulated
utilities
providing
water
or
wastewater
services
to
approximately
two
million
people
in
Pennsylvania,
Ohio,
Illinois,
New
Jersey,
Maine,
and
North
Carolina.
The
Company's
two
primary
subsidiaries
are
Philadelphia
Suburban
Water
Company,
a
regulated
public
utility
that
provides
water
or
wastewater
services
to
about
1.1
million
residents
in
the
suburban
areas
north
and
west
of
the
City
of
Philadelphia,
and
Consumers
Water
Company,
a
holding
company
for
several
regulated
public
utility
companies
that
provides
water
or
wastewater
service
to
about
850,000
residents
in
various
communities
in
five
states.
Other
subsidiaries
provide
water
and
wastewater
services
in
parts
of
Pennsylvania,
North
Carolina
and
Ohio.
The
Company
is
among
the
largest
investor-owned
water
utilities
in
the
United
States
based
on
the
number
of
customers. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | PSC
is
the
holding
company
for
regulated
utilities
providing
water
or
wastewater
services
to
customers
in
Pennsylvania,
Ohio,
Illinois,
New
Jersey
and
Maine.
For
the
six
months
ended
6/30/01,
revenues
increased
11%
to
$147.4
million.
Net
income
applicable
to
Common
increased
20%
to
$28.5
million.
Revenues
reflect
an
increase
in
the
customer
base.
Net
income
also
reflects
the
inclusion
of
a
higher
gain
on
the
sale
of
assets
due
to
the
sale
of
land. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Nicholas DeBenedictis, 55
Pres,
Chairman, CEO | $1.2M | $212K | Roy Stahl, 48
Exec.
VP, Gen. Counsel | 274K | -- | David Smeltzer, 42
Sr.
VP-Fin., CFO | 224K | 60K | Richard Reigler, 54
Sr.
VP- Engineering and Environmental Affairs | 246K | 35K | Morrison Coulter, 64
Pres-
Philadelphia Suburban Water Company | 274K | 254K | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/p/psc.gif)