Digital, Citigroup at the top

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By HELEN HUNTLEY, Times Staff Writer

© St. Petersburg Times,
published June 3, 2001

In a stellar year for many of the Tampa Bay area's public companies, Digital Lightwave Inc. and Citigroup Inc. rose to the top of the Times 50 list.

The annual ranking of the Tampa Bay area's public companies is based on two-year return to shareholders and three measures of profitability that analyze 2000 net income. Digital Lightwave and Citigroup delivered on all counts, and so did many of the other companies on the list.

The listings are divided into two groups: one of 30 companies that have their headquarters in the Tampa Bay area and the other of 20 companies that are based elsewhere but employ more than 1,000 people in the bay area.

The second group was added last year in recognition of the significant role these companies play in the Tampa Bay area economy. Three of the companies -- Verizon Communications Inc., Wal-Mart Stores Inc. and HCA-The Health Care Co. -- each report more than 6,000 bay area employees. None of the locally based companies comes close.

Times 50 story lineup