Progress Energy 2010 Annual Report Download - page 146

PROXY STATEMENT
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W. STEVEN JONES, age 59, is Dean (Emeritus) and Professor of Strategy and Organizational Behavior
at the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill, since 2008. He served
as Dean of the Kenan-Flagler Business School from August 2003 until August 2008. Prior to joining the Kenan-
Flagler Business School in 2003, Mr. Jones had a 30-year career in business. That career included serving as
Chief Executive Officer and Managing Director of Suncorp-Metway Ltd., which provides banking, insurance and
investing services in Brisbane, Queensland, Australia. He also worked for ANZ, one of Australia’s four major
banks, in various capacities for eight years. Mr. Jones has international experience in developing strategy, leading
change and building organizational capability in a variety of industries. His expertise in the financial services arena
continues to be beneficial as the Company undertakes the long-range projects and initiatives necessary to optimize
its balanced solution strategy for meeting its customers’ future energy needs and complying with public policies
while creating long-term value in a challenging economy and changing business environment. Mr. Jones has served
as a director of the Company since 2005. He is a member of the Board’s Audit and Corporate Performance
Committee, the Nuclear Project Oversight Committee and the Operations and Nuclear Oversight Committee.
Other public directorships in past five years:
Premiere Global Services, Inc. (2007 to present)
State Farm Mutual Automobile Insurance Co. (June 2010 to present)
Bank of America (April 2005 until April 2008)
MELQUIADES R. “MEL” MARTINEZ, age 64, is a Managing Director of JPMorgan Chase & Co.,
since August 2010. Mr. Martinez has had a distinguished career in both the public and private sectors, most recently
as partner in the law firm of DLA Piper in its Orlando, Florida office from September 2009 to July 2010 and as a
United States Senator from Florida from 2005 to 2009. While serving in the U.S. Senate, he addressed multiple
policy and legislative issues as a member of the following Senate committees: Armed Services; Banking, Housing
& Urban Affairs; Foreign Relations; Energy and Natural Resources; Commerce; and Special Committee on Aging.
Prior to his election, Mr. Martinez served as the Secretary of Housing and Urban Development from 2001 to 2004.
His extensive legal, policy and legislative experience will be valuable to the Company as we address new laws
and regulations in areas such as environmental compliance, renewable energy standards and energy policy. Prior
to representing the State of Florida in the U.S. Senate, Mr. Martinez served as Mayor of Orange County, Florida,
and as a board member of the Orlando Utilities Commission. He also spent over 25 years in private legal practice,
conducting numerous trials in state and federal courts throughout Florida. As a resident and public servant of the
State of Florida, Mr. Martinez brings to our Board a unique perspective and first-hand knowledge that continues to
be beneficial as we address key regulatory issues in that state. Mr. Martinez’s diversified experience and background
are significant assets to our Company’s Board. Mr. Martinez has served as a director of the Company since
March 1, 2010. He is a member of the Operations and Nuclear Oversight Committee and the Organization
and Compensation Committee.
E. MARIE MCKEE, age 60, is President of the Corning Museum of Glass, since 1998, and served as Senior
Vice President of Corning Incorporated, a manufacturer of components for high-technology systems for consumer
electronics, mobile emissions controls, telecommunications and life sciences, from 1996 to 2010. Ms. McKee has
over 30 years of experience at Corning, where she 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. 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. Ms. McKee’s
depth of experience has provided her with a thorough knowledge of employment and compensation practices and
strategies that enables her to assist the Organization and Compensation Committee and the Board in its analysis and