Progress Energy 2009 Annual Report Download - page 182

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PROXY STATEMENT
44
The significant increase in year-over-year total compensation to Ms. Sims, as compared to 2008, as noted in
the “Summary Compensation Table” on page 45 of this Proxy Statement, was largely due to her vesting in the SERP
in 2009.
IV. COMPENSATION COMMITTEE REPORT
The Committee has reviewed and discussed this CD&A with management as required by Item 402(b) of
Regulation S-K. Based on such review and discussions, the Committee recommended to the Company’s Board of
Directors that the CD&A be included in this Proxy Statement.
Organization and Compensation Committee
E. Marie McKee, Chair
John D. Baker II
Harris E. DeLoach, Jr.
James B. Hyler, Jr.
Robert W. Jones
John H. Mullin, III
Unless specifically stated otherwise in any of the Company’s filings under the Securities Act of 1933 or the
Securities Exchange Act of 1934, the foregoing Compensation Committee Report shall not be deemed soliciting material,
shall not be incorporated by reference into any such filings and shall not otherwise be deemed filed under such Acts.