Progress Energy 2009 Annual Report Download - page 146

PROXY STATEMENT
8
E. MARIE MCKEE, age 59, is Senior Vice President of Corning Incorporated, a manufacturer of components
for high-technology systems for consumer electronics, mobile emissions controls, telecommunications and life sciences,
since 1996. She also serves as President of the Corning Museum of Glass. Ms. McKee has over 30 years of experience
at Corning, where she has held a variety of positions with increasing levels of responsibility. She initially served in
various human resources manager positions including Human Resources Director for Corning’s Electronics Division,
its Research & Development Division and its Centralized Engineering Division. While serving in these positions,
Ms. McKee gained significant experience in designing and implementing human resources strategies, business processes
and organizational change efforts. She then served in various management positions, including Division Vice President
of Corporate Strategic Staffing, Vice President, Human Resources and Senior Vice President, Human Resources and
Corporate Diversity Officer. Ms. McKee served as Chairman of Steuben Glass from 1998 until the company was sold
in 2008. Ms. McKee has served as a director of the Company and its predecessors since 1999. During her tenure on the
Board, Ms. McKee’s business experience and perspective have proven valuable to the Company as it has addressed
various operational and human resources issues, including executive compensation, succession planning and diversity.
Ms. McKee’s experience will continue to be beneficial to the Company as shareholders, regulators and legislators
continue to focus on executive compensation and corporate governance issues. Ms. McKee is Chair of the Board’s
Organization and Compensation Committee and a member of the Executive Committee, the Governance Committee, the
Nuclear Project Oversight Committee and the Operations and Nuclear Oversight Committee.
JOHN H. MULLIN, III, age 68, is Chairman of Ridgeway Farm, LLC, a limited liability company engaged
in farming and timber management, since 1989. He is a former Managing Director of Dillon, Read & Co., a former
investment banking firm. Mr. Mullin was employed by Dillon Read for approximately 20 years. During that time,
he worked with a diversified mix of clients and was involved in a variety of corporate assignments, including private
and public offerings, and corporate restructurings. Since 1989, Mr. Mullin has managed the diversified businesses of
Ridgeway Farm. He has served on the boards of a number of other major publicly traded companies, providing him with
substantial experience in the areas of corporate strategy, oversight and governance. Mr. Mullin has utilized his broad
and extensive business experiences to provide leadership to the Company’s Board as Lead Director. He has served as a
director of the Company and its predecessors since 1999. Mr. Mullin is Chair of the Board’s Governance Committee and
a member of the Executive Committee, the Finance Committee and the Organization and Compensation Committee.
Other public directorships in past five years:
Sonoco Products Company (2002 to present)
Hess Corporation (2007 to present)
Liberty Corporation (1989 to 2006)
CHARLES W. PRYOR, JR., age 65, is Chairman of Urenco Investments, Inc., a global provider of services
and technology to the nuclear generation industry worldwide, since January 2007. He served as President and Chief
Executive Officer of Urenco Investments, Inc. from 2004 to 2006. Mr. Pryor served as President and Chief Executive
Officer of the Utilities Business Group of British Nuclear Fuels from 2002 to 2004. From 1997 to 2002, he served as
President and Chief Executive Officer of Westinghouse Electric Co., a supplier of nuclear fuel, nuclear services and
advanced nuclear plant designs to utilities operating nuclear power plants. Mr. Pryor’s service as chief executive officer
of a multi-billion dollar company provided him with experience that enables him to understand the financial statements
and financial affairs of the Company. Mr. Pryor’s knowledge and experience in engineering, power generation, nuclear
fuel and the utility industry will help us in the years ahead as our Company pursues a balanced solution to meeting
its customers’ future energy needs. He has served as a director of the Company since 2007. Mr. Pryor is Chair of the
Board’s Nuclear Project Oversight Committee and a member of the Audit and Corporate Performance Committee and
the Operations and Nuclear Oversight Committee.
Other public directorships in past five years:
DTE Energy Co. (1999 to present)