DPL Reviews Successful 1999, Outlines Growth Strategy.Business Editors DAYTON, Ohio--(BUSINESS WIRE)--April 11, 2000 DPL (Digital PowerLine) An earlier technology for transmitting a 1 Mbps data signal over electric power lines from Nortel Networks. It was developed in the late 1990s, but later abandoned due to implementation difficulties. See broadband over power lines. Inc. (NYSE NYSE See: New York Stock Exchange :DPL), the parent company of The Dayton Power and Light Company, today held its annual meeting of shareholders. Shareholders elected four members to the Board of Directors and approved a stock option plan. Re-elected were Directors Mr. Ernie Green, President and Chief Executive Officer, Ernie Green Industries; Mr. David R. Holmes, Chairman and Chief Executive Officer, The Reynolds and Reynolds Company; and Mr. Burnell R. Roberts, Retired Chairman of the Board and Chief Executive Officer, The Mead mead (mēd), wine made of fermented honey and water, sometimes flavored with spices. It is highly intoxicating. Mead was known in classical Greece and Rome and was the favorite drink of the tribes of N and W Europe. Corporation. All returning Directors will serve a three-year term expiring in 2003. Additionally, Mr. George R. Roberts George R. Roberts (1945-) is a Jewish-American financier and was one of the founders of Kohlberg Kravis Roberts & Co. (KKR). He is the first cousin of Henry Kravis. With an estimated net worth of around $2. , Partner of Kohlberg Kravis Roberts Kohlberg Kravis Roberts & Co (commonly referred to as KKR) is a New York City-based private equity firm that focuses primarily on late-stage leveraged buyouts. It was founded in 1976 by Jerome Kohlberg, Jr., and cousins Henry Kravis and George R. & Co., was elected to his first term on the DPL Board to serve a term expiring in 2003. The approved stock option plan replaces several other programs and will be the primary long-term incentive program for both executives and directors. The option plan is intended to align the interests of management and directors with those of shareholders by directly linking long-term incentive compensation opportunities to increases in DPL's share price. DPL Inc. is a diversified energy company supplying energy services to customers in the Midwest through its subsidiaries, The Dayton Power and Light Company and DPL Energy. |
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