Duke Energy 2006 Annual Report Download - page 37

DUKE ENERGY 2006 SUMMARY ANNUAL REPORT 35
BOARD OF DIRECTORS
William Barnet III
Chairman, President and CEO, The Barnet Co. Inc.;
Chair, Finance and Risk Management Committee;
Member, Nuclear Oversight Committee
Barnet joined Duke Energy’s board in 2005. He has been
mayor of Spartanburg, S.C., since 2002. He serves on the
board of directors of Bank of America and is a trustee of the
Duke Endowment. Barnet was named to the South Carolina
Business Hall of Fame in 2004.
G. Alex Bernhardt Sr.
Chairman and CEO, Bernhardt Furniture Co.;
Member, Audit and Nuclear Oversight Committees
Bernhardt joined Duke Energy’s board in 1991. Besides leading
the family business in Lenoir, N.C., he serves on the board of
directors of Communities In Schools. He is director emeritus and
past president of the American Furniture Manufacturers Association
and past president of the International Home Furnishings
Marketing Association.
Michael G. Browning
President and Chairman of the Board, Browning Investments Inc.;
Member, Compensation, Corporate Governance, and Finance
and Risk Management Committees
Browning joined Cinergy’s board in 1994. He is a former director
of PSI Energy. He is a member of the boards of directors of the
Indianapolis Convention & Visitors Association and the Indianapolis
Museum of Art. He serves on the St. Vincent Hospital and Health
Care Center advisory board and on the Indiana Public Officers
Compensation Commission.
Phillip R. Cox
President and CEO, Cox Financial Corp.;
Chair, Audit Committee
Cox became a Cinergy director in 1994. He is a former director
of Cincinnati Gas & Electric. He is chairman of the board of
Cincinnati Bell. He is a board member of Touchstone Mutual
Funds, The Timken Company and Diebold Inc. He also serves
on the boards of the Cincinnati Business Committee and the
University of Cincinnati.
Ann Maynard Gray
Former President, Diversified Publishing Group of ABC Inc.;
Lead Director; Chair, Corporate Governance Committee;
Member, Compensation, and Finance and
Risk Management Committees
Gray became a Duke Energy director in 1994. She has held
a number of senior positions with American Broadcasting
Companies, including senior vice president of finance, treasurer
and vice president of planning. She serves on the boards of the
Phoenix Companies and Elan Corp. plc, and she is a past member
of the board of trustees of J.P. Morgan Funds.
James H. Hance Jr.
Retired Vice Chairman, Chief Financial Officer
and Board Member, Bank of America;
Chair, Compensation Committee; Member, Finance
and Risk Management Committee
Hance joined Duke Energy’s board in 2005. A certified public
accountant, he spent 17 years with Price Waterhouse. He serves
on the boards of directors for Sprint Nextel Corp., Cousins
Properties Inc. and Rayonier Corp. He is a trustee of Washington
University and of Johnson & Wales University.
James T. Rhodes
Retired Chairman, President and CEO, Institute of Nuclear
Power Operations (INPO);
Chair, Nuclear Oversight Committee; Member, Audit Committee
Rhodes became a director of Duke Energy in 2001. A former
president and CEO of Virginia Power, he is a member of the
Electric Power Research Institute’s advisory council. Rhodes
is a former board member of INPO, the Nuclear Energy Institute,
Virginia Electric and Power Co., Dominion Resources Inc.,
Edison Electric Institute, the Southeastern Electric Exchange
and NationsBank N.A.
James E. Rogers
Chairman, President and CEO, Duke Energy
Rogers became chairman of Duke Energy in 2007. He was chair-
man and CEO of Cinergy prior to its merger with Duke Energy.
Rogers is chairman and serves on the Executive Committee of the
Edison Electric Institute. He is a director of Fifth Third Bancorp
and Cigna Corp. He is a member of the boards of directors of the
Nuclear Energy Institute, the Institute of Nuclear Power Operations,
the Alliance to Save Energy, the National Coal Council and the
Nicholas Institute for Environmental Policy Solutions.
Mary L. Schapiro
Chairman and CEO, National Association of Securities
Dealers (NASD);
Member, Audit and Corporate Governance Committees
Schapiro became a Cinergy director in 1999. She is a member of
the board of governors of NASD, the world’s largest private-sector
securities regulator. Previously, as chairman of the Commodity
Futures Trading Commission, she participated in the President’s
Working Group on Financial Markets. She also served as a
commissioner on the Securities and Exchange Commission for six
years. She currently serves on the board of directors of Kraft Foods
Inc. and the board of trustees of Franklin and Marshall College.
Dudley S. Taft
President and CEO, Taft Broadcasting Co.;
Member, Compensation and Nuclear Oversight Committees
Taft served on Cinergy’s board beginning in 1994 and was a
director of Cincinnati Gas & Electric from 1985 until 1995.
He serves on the boards of the Unifi Mutual Holding Co.,
Fifth Third Bancorp and Tribune Co. He is chairman of the
Cincinnati Association for the Arts and a trustee of Boys and
Girls Clubs of Greater Cincinnati.