North American Electric Reliability Council -- Board of Trustees

Richard Drouin is currently Chairman of Abitibi-Consolidated, the largest newsprint manufacturer in the world. He is also a counsel in the law firm of McCarthy Tetrault. Earlier, he was the Chairman and CEO of Hydro-Québec. He received his undergraduate degree from the University of Montreal and his law degree from l'Université Laval in Québec City. Mr. Drouin sits on the boards of Acres International, American Superconductor Corporation, Gesca (French daily newspapers), Provigo, nStein Technologies, Stelco, President's Choice Financial and the Sustainable Technologies Foundation of Canada. He is a Fellow of the Royal Canadian Geographical Society. He is a Chairman of the Board of Trustees of l'Université Laval. Mr. Drouin is an Officer of the Order of Canada. In 1993, he was awarded an honorary degree by l'Université Lumière in Lyon, France. He is an Honorary Consul for Great Britain in Québec. Mr. Drouin is the current Chairman of the NERC Board of Trustees and was first elected to the Board in 1999.

Thomas W. Berry joined Goldman, Sachs & Co. in 1972 and was made a general partner in 1986. He became Investment Banking Services manager for utilities and telecommunications companies in 1988. While serving in the firm's Corporate Finance Department, he specialized in the firm's early activities in these industry segments. He became a limited partner in 1993 and a retired partner in 1999 when Goldman Sachs became a publicly traded company. Among various board positions, he is Chairman of the Board of Kessler Rehabilitation Corporation; a founding director of the Red Oak Bank in New Jersey; and a director of the Hyde and Watson Foundation. He received his undergraduate degree from Brown University, where he currently serves as a trustee, and his MBA from Harvard University Graduate School of Business.

Michehl R. Gent is President and CEO of the North American Electric Reliability Council (NERC). He joined NERC in 1980 as Executive Vice President and was elected President in 1982. Prior to joining NERC, he was General Manager of the Florida Electric Power Coordinating Group - a voluntary power pool for Florida's electric utilities. Before Florida, he held several positions in both operations and planning at the Los Angeles Department of Water & Power. He earned his BSEE at Texas A&M and MSEE at the University of Southern California. He has taught in the graduate schools of USC and Loyola, and is a registered Professional Engineer. Mr. Gent currently serves on several policy committees and boards including the United States Energy Association and the IEEE-USA Energy Policy Committee.

John Q. Anderson is Chairman of BigWheel Partners, Inc., a private equity firm investing in Transportation and Logistics companies. Previously, he was a senior executive with CSX in Jacksonville and BNSF in Ft. Worth. In both companies he was senior executive in charge of their coal business unit and ran their overall sales and marketing effort. Prior to that, he had a 13-year career with McKinsey & Company, after receiving his undergraduate degree from Stanford and his MBA from Harvard University.

Donald P. Hodel is the founder and a Managing Director of the Summit Energy Group companies. He previously served President Ronald Reagan as Secretary and Under Secretary of the U.S. Department of the Interior, and as Secretary of the U.S. Department of Energy. Earlier, Mr. Hodel was President of the National Electric Reliability Council and Deputy Administrator and Administrator of the Bonneville Power Administration. He has served on a number of corporate and public interest boards and is currently a member of the boards of Integrated Electrical Services, Inc., and Salem Communications Corporation. He has received three honorary doctorates and a number of other awards including the Presidential Citizens Medal from President Reagan in January 1989.

Charles J. Henry served for 20 years as President and Chief Operating Officer of the Chicago Board Options Exchange (CBOE), the world's largest options exchange. Prior to joining the CBOE, he was President of the Pacific Stock Exchange (PSE) and Chairman and CEO of the P.C. Service Corporation, a technology services company wholly owned by the PSE. He served as an officer in the U.S. Air Force and he holds a Bachelor of Science degree in business and engineering administration from Massachusetts Institute of Technology.

James M. Goodrich spent the bulk of his career as Executive Vice President and Founder of Energy Management Associates (EMA), which provided operations and financial planning software and related consulting services to the electric and gas utility industries. In addition to working on consulting projects for over 100 utility clients, Goodrich appeared as an expert witness before numerous state utility regulatory commissions as well as FERC. He received his undergraduate, masters, and PhD degrees from Stanford University.

Sharon L. Nelson is the Director of the Shidler Center for Law, Commerce and Technology at the University of Washington School of Law. She served as Chairman of the Washington State Utilities and Transportation Commission from 1985-97 and as President of the National Association of Regulatory Utility Commissioners in 1989-90. She also serves on the boards of XO Communications and Consumers Union. She received her B.A. from Carleton College, M.A.T. from the University of Chicago, and her J.D. from the University of Washington.

Bruce A. Scherr is President and Chief Executive Officer of Sparks Companies, Inc., an agriculture and commodity research, information and consulting firm headquartered in Memphis, Tennessee. He personally consults with a myriad of companies around the world regarding risk management issues (hedging, arbitrage, etc.). Prior to joining Sparks Companies in 1987, he served as President of Sparks, Jacobs, Scherr, Inc., of Memphis, Tennessee; President of Agri-Commodities, Inc., of Andover, Massachusetts; and he was a Divisional Vice President of Data Resources, Inc., of Lexington, Massachusetts. He previously served as one of the five independent directors for the Desert STAR regional transmission organization. He left Desert STAR following the decision to reconstitute that organization over the next several months. Dr. Scherr has served as a member of the University of Tennessee's Institute of Agriculture Agricultural Development Board and the University of Tennessee's Committee for the Future. He is a member of several honorary research and agricultural societies and a former advisor to the President's Council of Economic Advisers and National Aeronautics and Space Administration. Dr. Scherr received a BS from Rutgers University and an MS and Ph.D. from Purdue University in the field of agricultural economics. Dr. Scherr was first elected to the NERC Board of Trustees in 2002.

2 posted on 08/17/2003 2:15:24 PM PDT by CyberAnt ( America - "The Greatest Nation on the Face of the Earth")

Whoever is on the board, controlling the power grid is about as complex as the computer model for global climate. It's amazing it works at all.

3 posted on 08/17/2003 2:18:57 PM PDT by RightWhale (Repeal the Law of the Excluded Middle)

4 posted on 08/17/2003 2:42:27 PM PDT by FreeLibertarian (You live and learn. Or you don't live long.)

6 posted on 08/17/2003 3:29:28 PM PDT by CyberAnt ( America - "The Greatest Nation on the Face of the Earth")

For those of us who are a bit too slow to make the connection (pardon the pun), would it be possible for you to elaborate a touch? Are the trustees of NERC's board trying to discredit a competitor, opening up financial opportunities for themselves, or do they stand to gain from government re-regulation?

Thanks in advance. I promise, I'll drink more coffee next time. :)

7 posted on 08/17/2003 8:09:45 PM PDT by detsaoT (This tag line left intentionally blank: [ ])

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