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Tuesday, November 18, 2008, 5:37AM ET - U.S. Markets open in 3 hours and 53 minutes. Dow Down 2.63% Nasdaq  0.00%
Reliant Energy Inc. (RRI)On Nov 17: 4.58   0.00 (0.00%)  
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Reliant Energy Inc.
1000 Main Street
Houston, TX 77002
United States - Map
Phone: 713-497-3000
Web Site: http://www.reliant.com

DETAILS 
Index Membership:N/A
Sector:Utilities
Industry:Electric Utilities
Full Time Employees:3,698

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 and New York, including residential and small business customers, as well as 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, 2007, this segment had approximately 1.6 million residential customers; 147,000 small business customers; and 93,000 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, 2007, this segment owned, had an interest in, or leased 38 operating electric power generation facilities with an aggregate net generating capacity of 16,337 megawatts in 5 regions of the United States. The company was founded in 2000 and is based in Houston, Texas.
Key Statistics

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    CORPORATE GOVERNANCE 
    Reliant Energy Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Nov-08 is better than 98.1% of Russell 3000 companies and 73.2% of Utilities companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Joel V. Staff , 64
    Exec. Chairman and Chairman of Risk & Fin. Oversight Committee
    N/A N/A
    Mr. Mark M. Jacobs , 45
    Chief Exec. Officer, Pres and Exec. Director
    N/A N/A
    Mr. Rick J. Dobson , 48
    Chief Financial Officer and Exec. VP
    $ 88.00KN/A
    Mr. Brian Landrum , 45
    Chief Operating Officer and Exec. VP
    $ 1.03MN/A
    Mr. Michael L. Jines , 49
    Sr. VP, Corp. Sec. and Gen. Counsel
    $ 634.00K $ 1.48M
    Dollar amounts are as of 31-Dec-07 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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