BNET Industries

Mirant Corp.

(MIR) is in the Energy Industry

Market Cap:$2.0B
Last Fiscal Year Sales:$2.0B
  • Public
  • US
Dow Jones Description

We are a competitive energy company that produces and sells electricity in the United States. We own or lease 10,112 MW of net electric generating capacity in the Mid-Atlantic and Northeast regions and in California. We also operate an integrated asset management and energy marketing organization based in Atlanta, Georgia. Our customers are principally ISOs, RTOs and investor-owned utilities. Our generating portfolio is diversified across fuel types, power markets and dispatch types and serves customers located near many major metropolitan load centers. Our total net generating capacity is approximately 30% baseload, 58% intermediate and 12% peaking. Mirant Corporation was incorporated in Delaware on September 23, 2005. Pursuant to the Plan for Mirant and certain of its subsidiaries, on January 3, 2006, New Mirant emerged from bankruptcy and acquired substantially all of the assets of Old Mirant, a corporation that was formed in Delaware on April 3, 1993, and that had been named Mirant Corporation prior to January 3, 2006. The Plan provides that New Mirant has no successor liability for any unassumed obligations of Old Mirant. Old Mirant was then renamed and transferred to a trust, which is not affiliated with New Mirant.

President and Chief Executive Officer of Mirant Mid, Atlantic
Bob Driscoll
Number of Employees 1,661
Contact Information

1155 Perimeter Ctr W

Atlanta, Georgia 30338-5416

mirant.com

(678) 579-5000

NAICS Code Hydroelectric Power Generation: 221111

Recent Events

  • More Power to Her for Mirant Corporation's New Top Lawyer Julia Houston

    11/06/09 - Mgmt. Change Leaving - Other - View Story

  • More Power to Her for Mirant Corporation's New Top Lawyer Julia Houston

    10/28/09 - Financial Announcement - View Story

  • PG&E Unit Seeks Approval For Four Power Plant Contracts

    10/01/09 - Joint Venture / Alliance - View Story

  • US Stocks Close Higher Once Again As Fincls Pace Move

    9/16/09 - Bond / Stock Rating - View Story

  • STOCKS NEWS US-Anheuser-Busch modestly higher in return to NYSE

    9/16/09 - Bond / Stock Rating - View Story

  • Mirant and PG&E sign power-purchase agreement

    9/03/09 - Joint Venture / Alliance - View Story

  • SF Power Plant to Close in 2010

    8/15/09 - Lawsuit Filed - View Story

News & Analysis

mirant corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Bob Driscoll President and Chief Executive Officer of Mirant Mid, Atlantic
Curtis Morgan COO & Executive Vice President
James Iaco Jr. CFO & Executive Vice President
Robert M. Edgell Executive Vice President and Chief Operating Officer
S. Linn Williams Chief Compliance Officer
Linn S. Williams General Counsel & Executive Vice President
Ronert M. Edgell Executive Vice President
J. William Holden III Senior Vice President
Jose P. Leviste Senior Vice President
Loyd Aldie Senior Vice President, Regulatory Affairs
Vance N. Booker Senior Vice President, Admin
William P. von Blasingame Senior Vice President
James R Harris vice president of External Affairs
Lisa Johnson Vice President
Mike Childers Vice President, Environmental
Steve Astren Vice President, Tax
Terry Thompson Vice President, Restructuring
Thomas Legro Senior Vice President & Controller
Mary Ann Arico Executive
Eleanor Brown Director

Board of Directors

Name (plus bio) Position
Edward R. Muller Chairman, President and Chief Executive Officer
Thomas W. Cason Director and Audit Committee Chairman
John M. Quain Chairman of the Energy and Utility Law Practice Group, Buchanan Ingersoll & Rooney
Alston D. Correll Board of Directors
David J. Lesar Board of Directors
James F. McDonald Board of Directors
John T Miller Board of Directors
Ray M. Robinson Board of Directors
Robert C. Murray Board of Directors
Robert F. McCullough Board of Directors
S. Marce Fuller Board of Directors
Stuart E. Eizenstat Board of Directors
Terry G. Dallas Board of Directors
Thomas W. Casan Board of Directors
William L. Thacker Board of Directors

Organization Position Status
Mirant Corporation President and Chief Executive Officer of Mirant Mid, Atlantic Current
Mirant Corporation Senior Vice President Current
Mirant Corporation Head of Asset Management Current
Edison Mission Energy CEO Former
Edison Mission Energy Senior Vice President, Asia Former
Carroll College Master of Arts Degree In Latin American Studies and International Economics Former
Carroll College Bachelor of Arts Degree Former

Ed Muller was appointed Mirant's chairman, president and chief executive officer in 2005. Mirant is a competitive energy company that produces and sells electricity in the United States, the Caribbean, and the Philippines. Mirant owns or leases approximately 17,300 megawatts of electric generating capacity globally. The company operates an integrated asset management and energy marketing organization from its headquarters in Atlanta, Georgia.

Organization Position Status
Mirant Corporation Chairman, President and Chief Executive Officer Current
Mirant Corporation Board Manager Current
Ayres, Lewis, Norris & May, Inc. Current
Transocean Ltd Director Current
Mirant Corporation Board of Directors Current
Edison Mission Energy chief executive officer Former
Edison Mission Energy president Former
Whittaker Corporation Chief Financial Officer Former
Whittaker Corporation Vice President Former
Whittaker Corporation General Counsel Former
Edison International Former
Contact Energy Limited Deputy Chairman Former
Strategic Data Corp Board Member Former
RigNet Board Member Former
Ormat Technologies, Inc. Board Member Former
The Keith Companies Inc. Board Member Former
Realenergy, LLC Board Member Former
Whittaker Corporation Secretary Former
GlobalSantaFe Corporation Board of Directors Former
Yale Law School J.D Former
Dartmouth College B.A Former

Organization Position Status
Mirant Corporation COO & Executive Vice President Current

Organization Position Status
Mirant Corporation CFO & Executive Vice President Current
Mirant Corporation Board Manager Former

Organization Position Status
Mirant Corporation Executive Vice President and Chief Operating Officer Current
Mirant Corporation Chairman of the Board, Mirant North America and Mirant Americas Generation Current
Southern California Edison Company District Manager and Operations Manager Former

Linn Williams joined Mirant in 2005 as Executive Vice President and General Counsel. In this role, he leads the legal team with the mission of protecting and enhancing the company's assets and reputation while facilitating execution of the business plan. He also oversees the company's legislative and regulatory affairs activities including all policy matters related to these areas. As Chief Compliance Officer, he is responsible for the design and operation of Mirant's legal compliance and ethics program.

Organization Position Status
Mirant Corporation Chief Compliance Officer Current
Mirant Corporation Executive Vice President Current
Mirant Corporation General Counsel Current
Overseas Private Investment Corporation Vice President Former
Gibson, Dunn & Crutcher LLP Partner Former
Overseas Private Investment Corporation General Counsel Former
International Chamber of Commerce Arbitrator Former
Cambridge University Post-Graduate Research Former
Harvard Law School J.D Former

Organization Position Status
Mirant Corporation General Counsel & Executive Vice President Current

Organization Position Status
Mirant Corporation Executive Vice President Current
Southern California Edison Company Operations Manager Former
Mirant Corporation U.S. Region Head Former
Contact Energy Limited Deputy Chairman Former
University of Southern California M.S Former

Senior Vice President, Chief Financial Officer and Treasurer. Mr. Holden has been Senior Vice President and Treasurer of Mirant Corporation since April 2002 and has served as Senior Vice President, Chief Financial Officer and Treasurer of Mirant Americas Generation, Mirant North America and Mirant Mid-Atlantic since November 2002. Previously, he was Chief Financial Officer for Mirant s Europe group from 2001 to February 2002, Vice President and Treasurer of Mirant from 1999 to 2001, Vice President, Operations and Business Development for Mirant s South American region from 1996 to 1999, and Vice President, Business Development for Mirant s Asia group from 1994 to 1995. He held various positions at Southern Company from 1985 to 1994, including Director of Corporate Finance.

Organization Position Status
Mirant Corporation Senior Vice President Current
Mirant Corporation Treasurer Current
Mirant Corporation Chief Financial Officer Former
Mirant Corporation Vice President Former

Organization Position Status
Mirant Corporation Senior Vice President Current

Organization Position Status
Mirant Corporation Senior Vice President, Regulatory Affairs Current

Organization Position Status
Mirant Corporation Senior Vice President, Admin Current
Southern Company Booker worked Former

Organization Position Status
Mirant Corporation Senior Vice President Current
Mirant Corporation General Manager, Caribbean Current
Continental Illinois National Bank Credit Analyst Former
University of California, Berkeley MBA Former
Clark Atlanta University B.S Former
Mirant Corporation Member Former

Organization Position Status
Mirant Corporation vice president of External Affairs Current
Southern Company vice president of Public Relations Former
New York Office vice president Former
New York Office manager Former
Southern Company internal auditor Former

Organization Position Status
Mirant Corporation Vice President Current

Organization Position Status
Mirant Corporation Vice President, Environmental Current

Organization Position Status
Mirant Corporation Vice President, Tax Current

Organization Position Status
Mirant Corporation Vice President, Restructuring Current

Organization Position Status
Mirant Corporation Director and Audit Committee Chairman Current
Transocean Ltd Director Current
Mirant Corporation Board Director Current
Baker Hughes Incorporated Chief Financial Officer Former
Baker Hughes Incorporated Senior Vice President Former
Arthur Young, Inc. Auditor Former
Mirant Corporation Senior Executive Former
Key Tronic Corporation Executive Management Positions Former
GlobalSantaFe Corporation Audit Committee Chairman Former
GlobalSantaFe Corporation Board of Directors Former
Louisiana State University BS Former

Organization Position Status
Mirant Corporation Senior Vice President & Controller Current

Organization Position Status
Mirant Corporation Executive Current
Duke Energy Corporation Director of Investor Relations Former
Pepperdine University B.S., Business Administration Former

Organization Position Status
Klett Rooney Lieber & Schorling Current
Mirant Corporation Chairman of the Energy and Utility Law Practice Group, Buchanan Ingersoll & Rooney Current
Mirant Corporation Nominating & Governance Committee Member Current
Pennsylvania Public Utility Commission Commissioner Former
Federal Energy Regulatory Commission Former
Gas Technology Institute Former
Pennsylvania Public Utility Commission Chairman Former
Temple University James E. Beasley School of Law Jd Former
Temple University Juris Doctorate degree Former
East Stroudsburg University BS Former

Organization Position Status
Needham Capital Partners Limited Partner Current
The Carter Center Board of Councilors Current
SunTrust Banks, Inc. Board of Directors Current
Mirant Corporation Board of Directors Current
Norfolk Southern Corporation Board of Directors Current
Georgia-Pacific Corporation CEO Former
Georgia-Pacific Corporation President Former
Georgia-Pacific Corporation Chairman Former
The University of Georgia BA, Business Administration Former

Organization Position Status
Mirant Corporation Board of Directors Current

Organization Position Status
Caribbean Basin Investors Ltd. Executive Vice President Current
Caribiz Board Member Current
Mirant Corporation Director Current
The Yale Law Journal Company, Inc. Editor Former
Yale Law School Degree Former
Brown University Degree In Molecular Biology Former
University of Oxford Former

Organization Position Status
Scientific-Atlanta, Inc. Chief Executive Officer Current
Scientific-Atlanta, Inc. Chairman Current
Mirant Corporation Board of Directors Current
NDCHealth Corporation Board of Directors Current
Prime Computer, Inc. CEO Former
Prime Computer, Inc. president Former
Burlington Resources, Inc. Director Former

Organization Position Status
Future Fuels LLC Partner Current
Advanced Disposal Services, Inc. Director Current
Mirant Corporation Board of Directors Current
Future Fuels LLC Board of Directors Current
American Ref-Fuel Company Chief Executive Officer Former

Organization Position Status
Aaron Rents, Inc. President Current
East Lake Golf Club President Emeritus Current
Citizens Bancshares Co. Chairman Current
Avnet, Inc. Non Executive Chairman of the Board Current
Acuity Brands, Inc. Non-Executive Chairman Current
Avnet, Inc. Board of Directors Current
The Chamberpost Board of Directors Current
Mirant Corporation Board of Directors Current
Aaron Rents, Inc. Board Member Current
Cpscreen Board of Directors Current
Acuity Brands, Inc. Board Member Current
AMR Corporation Board of Directors Current
Magnify, Inc. Board of Directors Current
Cp-PM.Net Board of Directors Current
Vendor Screen Board of Directors Current
American Airlines, Inc. Board of Directors Current
ChoicePoint Inc. Board of Directors Current
Avnet, Inc. Board of Directors Current
Secure Point Board of Directors Current
University of Denver Bachelors Degree Former

Organization Position Status
Mirant Corporation Board of Directors Current
Public Service Enterprise Group Incorporated Chief Financial Officer Former
Morgan Stanley head of the Telecommunications Former

Organization Position Status
Mirant Corporation Board of Directors Current

Organization Position Status
EarthLink, Inc. Board of Directors Current
Curtiss-Wright Corporation Director Current
Mirant Corporation Board of Directors Current
Mirant Corporation Chief Executive Officer Former
Mirant Corporation President Former

Organization Position Status
Covington & Burling Partner & Head of International Trade and Finance Current
Covington & Burling Head of International Trade and Finance Current
The Glenrock Group, LLC Current
Ruth S. Frank Current
Caspian Development Advisory Panel Current
Globe Specialty Metals, Inc. Board of Directors Current
Mirant Corporation Board of Directors Current
Tamir Fishman Venture Capital Ltd. Board of Directors Current
Tamir Fishman & Co. Board of Directors Current
United Parcel Service of America, Inc. Board of Directors Current
Commerce Corp. Ambassador Former
Commerce Corp. Secretary Former
Harvard University J.D. Former
Harvard Law School J.D. Degree Former
The University of North Carolina at Chapel Hill A.B. Former
The University of North Carolina Bachelor of Arts Former

Organization Position Status
Mirant Corporation Board of Directors Current
Unocal Corporation B.V. Chief Financial Officer Former
Unocal Corporation B.V. Executive Vice President Former

Organization Position Status
Mirant Corporation Board of Directors Current

Organization Position Status
CD Shoot Current
Mirant Corporation Board of Directors Current
Copano Energy, L.L.C. Board of Directors Current
Live Oak Reserves Board Member Current
Kayne Anderson Energy Development Co Director Current
Copano Energy Director Current
Texas Eastern Products Pipeline Company, LLC Chief Executive Officer Former
Texas Eastern Products Pipeline Company, LLC President Former
Texas Eastern Products Pipeline Company, LLC Chief Operating Officer Former
TEPPCO Partners, L.P. Former
Texas Eastern Products Pipeline Company, LLC Chairman Former
Lamar University Masters of Business Administration Degree Former
Georgia Institute of Technology Bachelor of Mechanical Engineering degree Former
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     MIR $14.15 -0.56 (-3.81% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 1,601,780
Shares Outstanding 145.10M
Market Cap 2.1B
Year High 20.28
Year Low 9.11
Earnings Per Share 15.68
P/E Ratio 0.90
Dividend N/A
Yield N/A
IndustryTop Rated

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