BNET Industries

Florida Power Corp.

(FLPWM) is in the Energy Industry

Market Cap:$3.2M
Last Fiscal Year Sales:$4.7B
  • Public
  • US
Dow Jones Description

Florida Progress Corporation (Florida Progress or the Company, which term includes consolidated subsidiaries unless otherwise indicated) is a wholly owned subsidiary of Progress Energy, Inc. (Progress Energy), a registered holding company under the Public Utility Holding Company Act (PUHCA) of 1935. Progress Energy and its subsidiaries, including Florida Progress, are subject to the regulatory provisions of PUHCA. Florida Progress was incorporated in Florida on January 21, 1982. Florida Progress is the parent company of Florida Power Corporation (Florida Power or the Utility) and certain other subsidiaries. Progress Energy controls Florida Power Corporation and the other Florida Progress subsidiaries through its ownership of Florida Progress. On November 30, 2000, the acquisition of Florida Progress by CP&L Energy, Inc. (CP&L Energy) became effective. In December 2000, CP&L Energy was renamed Progress Energy, Inc. Effective January 1, 2003, Florida Power began doing business under the name Progress Energy Florida, Inc. (PEF). The legal name of the entity has not been changed and there is no restructuring of any kind related to the name change. The current corporate and business unit structure remains unchanged.

Chief Executive OfficerLewis Hay III
Contact Information

100 Central Avenue

St. Petersburg, Florida 33701

floridahotelpro...

7278205151

NAICS Code Electric Bulk Power Transmission and Control: 221121

News & Analysis

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Decision Makers

Name (plus bio) Position
Lewis Hay III Chief Executive Officer
Joaquin Leon Assistant Secretary

Board of Directors

Name (plus bio) Position
Andy Hines Chairman
J. Brian Ferguson Board of Directors
James Pollard Executive and Board Member
Organization Position Status
Florida Power Corp Chief Executive Officer Current
Assured Communications Chairman, President and Chief Executive Officer of Fpl Group, Inc. Current
Florida Power & Light Company CEO Current
FPL Group, Inc. Chief Financial Officer Current
FPL Group, Inc. Vice President, Finance Current
FPL Group, Inc. Chairman and Chief Executive Officer and Director (Principal Executive Officer) Current
Harris Communications International, Inc. Current
Florida Power Corp Chairman Current
Institute of Nuclear Power Operations Chairman of The Board of Directors Current
Lightcompany Chairman Current
Florida Power & Light Company Chair of Board Current
Capital One Financial Corporation Board of Directors Current
The Advisory Council Board of Directors Current
Edison Electric Institute Board of Directors Current
Nuclear Energy Institute Board of Directors Current
Assured Communications Board of Directors Current
Florida Council Director Current
Exigent International Inc. Board of Directors Current
FPL Group, Inc. Director Current
Harris Corporation Board of Directors Current
FPL Group, Inc. President Former
Florida Power & Light Company President Former
Capital One Financial Corporation Director Former
Carnegie Mellon University Master of Science Degree In Industrial Administration Former
University of Miami member Former
Organization Position Status
Florida Power Corp Assistant Secretary Current
Florida Power & Light Company Senior Attorney Current
Law Department, Inc. Attorney Current
Florida Power Corp Board of Directors Current
University of Miami Juris Doctor Former
Louisiana State University Bachelor's of Science Degree In Electrical Engineering Former
Organization Position Status
Circuit IPO Corporate Advisor Current
Florida Power Corp Chairman Current

Mr. Ferguson, 53, is chairman and chief executive officer of Eastman Chemical Company, a global chemical company engaged in the manufacture and sale of a broad portfolio of chemicals, plastics and fibers. Prior to becoming chairman and chief executive officer in January 2002, Mr. Ferguson served as president of Eastman s Chemicals Group, where he had direct responsibility for all chemicals-based business organizations, as well as the manufacturing, sales, pricing and product management, technology and geographical aspects of the business group. He joined Eastman in 1977 and led several businesses in the U.S. and Asia. Mr. Ferguson is a director of the American Chemistry Council and serves on the President s Export Council. Mr. Ferguson has been a director of FPL Group since 2005.

Organization Position Status
Eastman Chemical Company Chief Executive Officer Current
Aqualor Pet Director, Chairman of the Board and Chief Executive Officer Current
Eastern Chemical Corporation Chief Executive Officer Current
Tennessee Eastman Division CEO Current
Eastern Chemical Corporation Chairman Current
Eastman Chemical Company Chairman Current
The American Chemistry Council, Inc. Director Current
Florida Power Corp Board of Directors Current
Eastern Chemical Corporation President, Eastman Chemical Asia Pacific Former
Eastman Chemical Company President Former
Polymers Group, Inc President Former
FPL Group, Inc. Board of Directors Current
Eastern Chemical Corporation Vice President, Industry and Federal Affairs Former
Eastern Chemical Corporation Managing Director, Greater China Former
Eastern Chemical Corporation Director, Singapore-Based Eastman Chemical Asia Pacific Pte. Ltd Former
Eastman Kodak Company Former
Florida Power & Light Company Board of Directors Former
Arizona State University Bachelor's Chemical Engineering Former
Organization Position Status
Marc Global Holdings Inc. Current
Florida Power Corp Executive and Board Member Current
Silver Creek Systems Board Member Current
Tech Data Corporation CIO Former
Tech Data Corporation Executive Vice President, Operations Former
University of South Florida MBA Former
University of Utah Bachelor's Degree In Finance Former
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