Yahoo! FinanceFinance Home - My Yahoo - Yahoo! - Help 

Sunday, November 22, 2009, 4:23AM ET - U.S. Markets Closed. Dow Down 0.14% Nasdaq Down 0.50%
Progress Energy Inc. (PGN)On Nov 20: 38.51  Up 0.38 (1.00%)  
MORE ON PGN
Quotes
Charts
News & Info
Company
HereProfile
Analyst Coverage
Ownership
Financials

ProfileGet Profile for:
Progress Energy Inc.
410 South Wilmington Street
Raleigh, NC 27601-1748
United States - Map
Phone: 919-546-6111
Fax: 919-546-7678
Web Site: http://www.progress-energy.com

DETAILS 
Index Membership:S&P 500
S&P 1500 Super Comp
Sector:Utilities
Industry:Electric Utilities
Full Time Employees:11,000

BUSINESS SUMMARY 
Progress Energy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in North Carolina, South Carolina, and Florida. It uses coal, oil, hydroelectric, natural gas, and nuclear power resources, as well as various alternative energy resources, including swine waste and other plant or animal sources, solar, hydrogen, biomass, and landfill-gas technologies. The company serves textile, chemical, metal, paper, food, rubber and plastics, wood products, and electronic machinery and equipment sectors, as well as phosphate rock mining and processing, electronics design and manufacturing, and citrus and other food processing sectors. As of December 31, 2008, it had approximately 21,000 megawatts of regulated electric generation capacity and served approximately 3.1 million retail electric customers, as well as other load-serving entities. Progress Energy, Inc. was formerly known as CP&L Energy, Inc. The company was founded in 1925 and is headquartered in Raleigh, North Carolina.
Key Statistics

COMPANY WEBSITES 
  • Home Page
  • Subsidiaries
  • Search Yahoo! for:
    More on Progress Energy Inc.


    CORPORATE GOVERNANCE 
    Progress Energy Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 20.8% of S&P 500 companies and 35.1% of Utilities companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. William D. Johnson , 55
    Chairman, Chief Exec. Officer, Pres and Chairman of Exec. Committee
    $ 1.88M $ 0
    Mr. Harris E. DeLoach Jr., 64
    Independent Director, Chairman of Operations & Nuclear Oversight Committee, Member of Exec. Committee, Member of Organization & Compensation Committee, Member of Corp. Governance Committee, Member of Nuclear Project Oversight Committee, Chairman of Sonoco Products Company, Chief Exec. Officer of Sonoco Products Company and Pres of Sonoco Products Company
    $ 103.00KN/A
    Mr. Mark F. Mulhern , 49
    Chief Financial Officer, Sr. VP, Pres of Progress Fuels Corp., Pres of Progress Energy Ventures Inc and Sr. VP of Fin. Progress Energy Service Company
    $ 555.00K $ 0
    Mr. Lloyd M. Yates , 48
    Chief Exec. Officer of Progress Energy Carolinas Inc and Pres of Progress Energy Carolinas Inc
    $ 639.00K $ 0
    Mr. John McArthur , 52
    Exec. VP of Admin., Sec., Sr. VP of Progress Energy Carolinas, Sr. VP of Progress Energy Florida, Sr. VP of Florida Progress Corp. and Sr. VP of Corp. Relations - Progress Energy Service Company
    $ 709.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
    View Insiders


    Add to My Portfolio Add to Portfolio    Set Alert Set Alert    Email to a Friend Email to a Friend
    Get Profile for Another Symbol: Symbol Lookup
    Annual ReportsSector Analysis