Industry & Services >> CEO Interviews >> December 15, 1997

Charles E. Bayless – Tucson Electric Power Co (tep)

CHARLES E. BAYLESS is Chairman, President and CEO of Tucson Electric Power Co. Education: University of Michigan, MBA, Graduate of Business Administration (1977); West Virginia University, Law Degree (JD) (1972); West Virginia University, MSEE (1971); West Virginia Institute of Technology, BSEE (1968). Business Career: 1972 - 81 Consumers Power Company, Jackson Michigan; 1972 - 76 Attorney, Legal Department; 1976 - 78 Director of Nuclear Fuel Supply; 1978 - 81 Director of Special Corporate Projects; 1981 - 89 Public Service Company of New Hampshire, Senior Vice President and Chief Financial Officer; 1989 to present Tucson Electric Power Company to 1989 - 90 Senior Vice President and Chief Financial Officer; Present 1990 - 92 President and Chief Executive Officer; 1992 Chairman, President, and Chief Executive Officer. Civic and Professional Affiliations: Edison Electric Institute -Board Member; Trigen Energy Corporation - Board Member; Philmont Ranch Committee, Natl. Boy Scouts of America - Chairman; Catalina Council, BSA - Past President, Board Member; Boy Scouts of America 1997 National Jamboree Program Chairman; Boy Scouts Silver Beaver Award and Silver Antelope Award; University of Arizona National Board of Advisors - Member; USAID/IIE Energy Training Program Advisory Committee - Member; West Virginia University Engineering Academy - Member; Public Utilities Reports, Inc. - Board Member; Tucson Metropolitan Chamber of Commerce - Past Board Member & VP; Financial World - CEO of the Year, Bronze Medal 1993; Financial World - CEO of the Year, silver Medal 1995; Wall Street Transcript - CEO of the Year, Bronze Medal 1993; American, West Virginia and Michigan Bar Associations - Inactive Member; Tau Beta Pi Engineering Honorary; Eta Kappa Nu Electric Engineering Honorary; Phi Delta Phi Legal Fraternity' Eagle Scout; Instrument-rated Pilot. Profile
TWST: Give us a brief summary of Tucson Electric Power and perhaps

position it in today's market.

Mr. Bayless: TEP was in very deep financial trouble six or seven years

ago. In 1991, we had