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Reliant Energy Inc. (RRI)

On Feb 9: 4.64 USD  Up 0.05 (1.09%)  
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Reliant Energy Inc.
1000 Main Street
Houston, TX 77002
Phone: 713-497-3000
Web Site: http://www.reliant.com

DETAILS
Index Membership: N/A
Sector: Utilities
Industry: Electric Utilities
Employees (last reported count): 3,524

BUSINESS SUMMARY
Reliant Energy, Inc. provides electricity and energy services to retail and wholesale customers in the United States. It operates through two segments, Retail Energy and Wholesale Energy. The Retail Energy segment provides electricity and energy services to retail electricity customers in Texas, including residential and small business customers; and commercial, industrial, and governmental/institutional customers, such as refineries, chemical plants, manufacturing facilities, hospitals, universities, governmental agencies, restaurants, and other facilities. As of December 31, 2006, this segment had approximately 1.6 million residential; approximately 157,000 small business; and approximately 76,000 commercial, industrial, and governmental/institutional customers. The Wholesale Energy segment offers electricity and energy services to investor-owned utilities, municipalities, cooperatives, and other companies that serve end users or purchase power at wholesale for resale. As of December 31, 2006, this segment owned, had an interest in, or leased 37 operating electric power generation facilities with an aggregate net generating capacity of 15,935 megawatts in 5 regions of the United States. The company was founded in 2000 and is based in Houston, Texas.
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    OFFICERS
      Pay Exercised
    Mr. Mark M. Jacobs , 45
    Chief Exec. Officer, Pres and Exec. Director
    N/A N/A
    Mr. Brian Landrum , 45
    Chief Operating Officer and Exec. VP
    N/A N/A
    Mr. Michael L. Jines , 49
    Sr. VP, Corp. Sec. and Gen. Counsel
    N/A N/A
    Mr. Rick J. Dobson , 48
    Chief Financial Officer and Exec. VP
    N/A N/A
    Mr. Thomas C. Livengood , 52
    Chief Accounting Officer, Sr. VP and Controller
    N/A N/A
    Dollar amounts are as of 31-Dec-06 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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