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Vectren Corporation (VVC)

On Feb 9: 22.77 USD   0.00 (0.00%)  
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Vectren Corporation
One Vectren Square
Evansville, IN 47708
Phone: 812-491-4000
Fax: 812-491-4706
Web Site: http://www.vectren.com

DETAILS
Index Membership: S&P 400 MidCap
S&P 1500 Super Comp
Sector: Utilities
Industry: Diversified Utilities
Employees (last reported count): 3,700

BUSINESS SUMMARY
Vectren Corporation provides energy delivery services to residential, commercial, and industrial and other customers in Indiana and Ohio. It provides natural gas distribution and transportation services in Indiana and west central Ohio; and electric distribution services primarily in southwestern Indiana. The company also owns and operates gas electric generation plants with an installed generating capacity of 1,295 megawatts. Its electric transmission system consists of 924 circuit miles of 138,000 and 69,000 volt lines, 32 substations; and distribution system includes 4,200 pole miles of lower voltage overhead lines and 349 trench miles of conduit containing 2,000 miles of underground distribution cable, 98 distribution substations, and 54,000 distribution transformers. In addition, the company provides gas marketing, gas portfolio optimization, and other portfolio and energy management services to municipalities, utilities, industrial operations, schools, and healthcare institutions located in the Midwest and Southeast United States. Further, it mines and sells coal; and provides underground construction and repair services, performance contracting, and renewable energy services, as well as invests in energy-related opportunities and services, real estate, and leveraged leases. Vectren Corporation serves various industries, including automotive assembly, parts, and accessories; feed, flour, and grain processing; metal castings; aluminum products; appliance manufacturing; polycarbonate resin and plastic products; gypsum products; electrical equipment; metal specialties; glass; steel finishing; pharmaceutical and nutritional products; gasoline and oil products; ethanol and coal mining; and aluminum smelting and recycling. As of December 31, 2008, it supplied natural gas service to approximately 996,300 customers; and electric service to approximately 141,300 customers. The company was founded in 1912 and is headquartered in Evansville, Indiana.
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    OFFICERS
      Pay Exercised
    Mr. Niel C. Ellerbrook , 61
    Chairman, Chief Exec. Officer, Chairman of Fin. Committee, Chairman of Vectren Capital, Chairman of Vectren Enterprises, Chairman of Vectren Utility Holdings and Chief Exec. Officer of Vectren Utility Holdings
    $ 935.00K $ 0
    Mr. Carl L. Chapman , 54
    Pres, Chief Operating Officer
    $ 512.00K $ 0
    Mr. Jerome A. Benkert Jr., 51
    Chief Financial Officer, Exec. VP of VUHI
    $ 406.00K $ 0
    Mr. Ronald E. Christian , 52
    Chief Admin. Officer, Exec. VP, Corp. Sec., Gen. Counsel of Vectren Utility Holdings, Inc
    $ 383.00K $ 0
    Mr. William S. Doty , 59
    Exec. VP of Utility Operations
    $ 333.00K $ 78.00K
    Dollar amounts are as of 31-Dec-08 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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