Entergy Arkansas Inc.

Hugh McDonald, President & CEO, Entergy Arkansas, Inc. Hugh T. McDonald is president and chief executive officer of Entergy Arkansas, Inc. a position he has held since spring of 2000. He is responsible for Entergy Arkansas’ electric distribution system, customer service, economic development, regulatory affairs, and governmental affairs, as well as the company’s financial performance. McDonald, who lives in Little Rock, has been with Entergy since 1982, when he was hired to work at Entergy’s Waterford 3 nuclear plant in Taft, La., near New Orleans. McDonald was later promoted to serve as executive assistant to the chairman of Louisiana Power & Light/New Orleans Public Service, Inc. (the predecessors of Entergy Louisiana and Entergy New Orleans), then led Entergy Louisiana’s Total Quality initiative. During Entergy’s 1994 merger with Gulf States Utilities, McDonald was a special projects director for the functional integration of the transmission, distribution and customer service organizations. McDonald also served as a division manager for Entergy Mississippi in McComb. He was promoted to serve as director -- regulatory affairs in Texas, after which he was promoted to vice president of Entergy Retail Operations prior to coming to Arkansas to accept his current position. Hugh is a past board member of the United States Chamber of Commerce and current Board Chair of the Arkansas State Chamber of Commerce and the University of Arkansas for Medical Sciences Foundation Fund. He also serves on the Boards of the Little Rock Regional Chamber, Fifty for the Future, the Arkansas Arts Center, Sam Walton College of Business Advisory Board and the UALR College of Business Advisory Council. McDonald holds a bachelor of science degree in construction management from North Dakota State University and earned an master of business administration degree from the University of New Orleans.

Maulden is active in the creation of regional economic development initiatives such as the Metro Little Rock Alliance; a regional economic development initiative covering eleven central Arkansas counties. Mike served as inaugural chairman of the Regional Economic Development Council of the Mid-South; a tri-state economic development council formed to enhance the economic development coordination of western TN, northern MS and eastern AR. Additionally, Maulden serves as Vice Chairman of the Little Rock Port Authority and on the boards of the Little Rock Regional Chamber of Commerce; Accelerate Arkansas; the University of Arkansas at Little Rock's Foundation; and the St. Vincent Foundation In 1998, Maulden was selected as one of Arkansas' rising young business leaders by Arkansas Business in its fifth annual "40 under 40" list. In 2003, he was presented the Distinguished Leadership Award by the Leadership Greater Little Rock alumni association. In 2004, Maulden served as the chairman of the 2004 Committee for Amendment 2 which allows the General Assembly to issue general obligation bonds to fund "super project" infrastructure needs. Lastly, Mike was selected as the 2004 Outstanding Economic Developer for Arkansas by the Arkansas Economic Developers association.

Ashley Peterson joined Teamwork Arkansas in June 2005 as the Community Resource Center manager. The Center is located on the 27th floor of the TCBY Tower in downtown Little Rock. The Center provides resources to communities for their economic development efforts. Peterson obtained both her bachelor's and master's degrees from the University of Central Arkansas in Conway. Peterson holds a B.A. in International Trade and an M.S. in Community and Economic Development. She is a member of Arkansas Economic Developers, ACCRA, and is currently seeking community developer certification through the Community Development Institute.

Russell Harris joined Teamwork Arkansas in October of 2004 and currently serves as a project manager. As a project manager, Harris’s responsibilities include initiating contacts with prospective companies and assisting them in expanding or locating their operations in Arkansas and aiding in expansion efforts of business and industry currently located in Arkansas. Mr. Harris joined Teamwork Arkansas after a two year tenure as Executive Director of the Newport Economic Development Commission (NEDC) in Newport, AR. Previously, he served in several capacities with the Arkansas Department of Economic Development, most recently as a Project Manager where he worked with both new and established businesses contemplating new investments throughout the state. He is a 1994 graduate of Arkansas State University with a BA in Political Science, and a 1996 graduate of Arkansas State with a Masters in Public Administration. In addition, he is a graduate of both the Economic Development Institute in Norman, Oklahoma and the Community Development Institute in Conway, Arkansas. He has been designated as a Certified Community Developer by the Southern Economic Development Council. Mr. Harris is a member of the Corporate Real Estate Network and currently serves as a board member of the Arkansas Economic Developers.

Barbara Merrick joined Entergy's Teamwork Arkansas in September of 1997 as an Economic Development Consultant working with communities in Southeast and Central Arkansas. Prior to joining Entergy, Barbara was Chief of the Customer Service Division for the Arkansas Department of Pollution Control and Ecology, now Department of Environmental Quality. While at the Department she also served as Chief of the Market Development Division. In each division she worked to improve the process for recruiting new industry into the state as well as assisting existing industry in expansion projects and communities with infrastructure development. Before working with the Department, Barbara was a financial consultant with firms in Ft. Worth, Texas and Little Rock, Arkansas. Barbara holds a Bachelor of Science Degree in Business Administration, Finance and Banking, from the University of Arkansas at Fayetteville and a Masters in Community and Economic Development from the University of Central Arkansas. She is a graduate of the Economic Development Institute at the University of Oklahoma, the Community Development Institute at the University of Central Arkansas and LeadAR through the University of Arkansas, Division of Agriculture. She is a Certified Community Developer through the Southern Economic Development Council and a Certified Economic Developer through the International Economic Development Council. Merrick works with 25 northern Arkansas counties including: Baxter, Boone, Carroll, Clay, Cleburne, Craighead, Crittenden, Cross, Greene, Independence, Izard, Jackson, Lawrence, Lee, Marion, Mississippi, Monroe, Phillips, Poinsett, Randolph, Searcy, Sharp, St. Francis, Stone and Woodruff.

Becky Rogers became senior secretary working with the economic development department in September 2002. Rogers provides executive level support to the director and his staff. In addition to other responsibilities, she manages the vendor billing and payment program, maintains monthly reporting systems, assists with customer mailouts for the department, and assists with special projects. A 26-year Entergy veteran, Rogers has held several positions in various departments such as Purchasing & Stores, Nuclear, Sales and Marketing, and Customer Service. Becky worked directly for the vice president, nuclear; vice president, customer service support, and vice president, retail operations.

Flave Carpenter has been a member of Entergy’s Economic Development Office in Arkansas since August of 1996. He initially served as Manager of Tradeshow Marketing until assuming his current position in Community Development in July of 1997. Carpenter holds a Bachelor’s Degree in Art from Henderson State University. In addition, he is a graduate of the Economic Development Institute at the University of Oklahoma and the Community Development Institute at the University of Central Arkansas. Carpenter is a Certified Community Developer and a Certified Economic Development Finance Professional. Prior to joining Entergy, Flave served as a Community Development Consultant for the Arkansas Department of Economic Development in Northeast Arkansas. Before working for the ADED, he was the Retirement/Relocation Coordinator for the Hot Springs Chamber of Commerce. As a Community Developer, Carpenter is responsible for directing activities in nineteen counties of Arkansas. Those activities are intended to treat local communities as a product to be developed and marketed to potential industrial and business prospects. The counties Carpenter serves in Central and Southern Arkansas include: Arkansas, Ashley, Bradley, Calhoun, Clark, Chicot, Cleveland, Columbia, Dallas, Desha, Drew, Lafayette, Montgomery, Nevada, Ouachita, Pope, Prairie, Union, and Yell. Carpenter currently serves as Chairman for the Community Development Institute Advisory Board in Conway and is a member of the Arkansas Economic Developers.

Sherry McDonnell joined Teamwork Arkansas in February 1998. As a community development consultant, she is responsible for assisting communities in an eleven county central Arkansas region to improve their ability to attract new business/industry through organization, planning and preparation for economic development at the local level. McDonnell has held several positions at Entergy prior to joining Teamwork Arkansas. She worked in employee development providing training and competency model development for Entergy's marketing and sales organizations. She also worked in Entergy's Total Quality department for six years providing facilitation, training, and strategic planning services to employees across Entergy's four-state territory and to communities in central Arkansas. McDonnell holds a BA in speech communication from the University of Arkansas at Little Rock. She is a graduate of the Community Development Institute and is a Certified Community Developer. She is a member of the Arkansas Economic Developers and the International Economic Development Council.

Leo P. Denault, Executive Vice President and Chief Financial Officer Leo Denault was named executive vice president and chief financial officer in February 2004. Denault was previously vice president of corporate development and strategic planning. He also has held the position of vice president, corporate development, since joining the company in March of 1999. Denault assumed responsibility for the areas of strategic planning, the Office of the Chief Risk Officer, and strategic pricing and transmission services in 2002. In his role as vice president of corporate development and strategic planning, Denault integrated the skill sets, resources, and processes of his organizations to analyze and execute business opportunities at both the corporate and business unit level; provided commercial and analytical resources to the rest of the organization; advised senior management on corporate strategic direction; monitored and reported Entergy’s market and credit risks; designed and maintained a validation methodology for Entergy’s forward power price Point of View; and marketed communications capacity to major communications companies utilizing the Entergy fiber optic backbone system. Prior to joining Entergy, Denault was vice president of corporate development at Cinergy Corporation in Cincinnati. He joined Cinergy as a staff accountant in 1982 and held various positions with responsibility for tax accounting, budget and financial analysis, and strategic planning. In 1991, he was named manager of corporate development at Cinergy, analyzing and recommending all mergers and acquisitions. A native of Indiana, Denault’s educational background includes a master's degree in business administration from Indiana University in 1991. He earned a bachelor of science degree with a double major in economics and accounting in 1982 from Ball State University in Muncie, Indiana.

Mark T. Savoff, Executive Vice President, Operations Mark Savoff joined Entergy in December 2003 as executive vice president of Entergy operations. In his role at Entergy he is responsible for the business operations of fossil generation, transmission operations, system safety and environment, supply chain, system planning, and performance management. Savoff serves as a member of the office of the chief executive and officer of numerous Entergy subsidiaries. He is also responsible for driving three key initiatives within the company: environmental policy, generation portfolio transformation and Entergy Continuous Improvement. The portfolio transformation effort focuses on reducing production costs. This includes new solid fuel generation, potential nuclear build as well as other power plant acquisitions. ECI is focused on engaging all employees to drive productivity in their respective areas. Prior to joining Entergy, Savoff was vice president and corporate officer at GE Power Systems, Nuclear Energy, San Jose, Calif. During his tenure with GE Nuclear, Savoff led the implementation of a successful joint venture with Hitachi and Toshiba that increased fuel sales 46 percent. He drove the business to attain consistent revenues of $1 billion and increased profitability 18 percent over a three-year period by focusing on key operating metrics, customer satisfaction and quality through six sigma methodology. In 2002, GE Nuclear achieved a Power Systems’ best injury and illness rate. The company has received OSHA’s Voluntary Protection Program Star certification at a number of facilities. In addition, under his leadership, the business increased its organizational diversity to 47 percent for entry-level positions and 44 percent for experienced hires. Savoff’s career at GE spanned 25 years and included many leadership positions. Prior to his promotion to vice president of nuclear energy, he was general manager of GE’s global nuclear fuel business and led the turnaround of GE’s global nuclear services business. He also served as president of Reuter-Stokes, a wholly-owned GE subsidiary that supplies environmental and gas turbine monitoring equipment, components for radiation detectors, harsh environment sensors, and sensors for monitoring nuclear power plant output. A graduate of the University of Florida, Savoff holds a bachelor of science degree in nuclear engineering. He is on the board of directors of Construction Navigator, the Electric Power Research Institute and the Southeastern Electric Exchange. He is also a member of the advisory counsel for the University of Florida School of Nuclear Engineering and the dean’s advisory board for the College of Engineering. He previously served as a member of the boards of the Nuclear Energy Institute, Reuter-Stokes and Global Nuclear Fuel. Savoff is greenbelt certified in Six Sigma.

Rick Smith has a long, distinguished career in the energy industry. He joined Entergy in September 1999 as Senior Vice President, Transition Management and, in April 2007, was named to his current position of Entergy Corporationa s President and Chief Operating Officer. In this position he oversees Entergy Nuclear and Entergy Operations, which includes fossil plant operations, transmission operations, system environmental and safety, system planning, compliance and performance management. Previously, Smith was Group President of Entergya s Utility Operations. He was responsible for the regulated utility financial results, along with operation results of electric and natural gas distribution and customer service. In addition, Smith oversaw utility regulatory support and regulated retail activities. Before joining Entergy, he held several executive positions at Cinergy Corp., a multi-state electric utility company headquartered in Cincinnati, Ohio, including President of Cinergy Resources, Inc., Cinergya s non-regulated retail supply business, and Vice President for Energy Services with responsibilities for all customer-service functions including field offices, call centers, meter reading, billing, credit, and collections. Smith has a B.S. degree in accounting from Indiana University and Purdue University of Indianapolis and an M.B.A. degree from the University of Indianapolis.