Bob McGehee
Bob McGehee
actions benefit earnings exceeding guidance management ongoing per positive reflected results successful took weather year
We had a very successful year in 2005, with ongoing earnings of $3.33 per share, significantly exceeding our 2005 guidance of $2.90 to $3.20 per share. These positive results reflected the benefit of positive weather as well as actions our management took to manage costs.
areas believe board consistent corporate energy high independence leader progress proposals recognized
Progress Energy has long been recognized as a leader in the areas of corporate governance, transparency, board independence and accountability. We believe these proposals are consistent with those same high standards.
corporate customers dedication energy focused giving meeting needs power progress provide pursuit reflects reliable today
Everyone at Progress Energy is focused on meeting the needs of our customers to provide them with reliable power today and in the future. Our corporate giving reflects the same dedication and pursuit of excellence.
believe electric environment fulfilling obligation protect provide reliable responsibility
We believe we have a responsibility to protect the environment while fulfilling our obligation to provide affordable, reliable electric service.