Industry & Services >> CEO Interviews >> May 2, 2003

David Mcclanahan – Centerpoint Energy Inc (cnp)

DAVID M. McCLANAHAN is President and Chief Executive officer of CenterPoint Energy, Inc. He began his career with the company in 1972 and held a variety of positions in information systems, accounting and treasury before being named Assistant Secretary and Assistant Treasurer in 1983. In 1986, he was named Vice President and Comptroller of Houston Industries, Incorporated, predecessor to CenterPoint Energy. In 1990, he was named Senior Vice President and Chief Financial Officer of KBLCOM, the company's previously owned cable television subsidiary. He held that position until 1993, when he was named Group Vice President of Finance and Regulatory Relations, and later Executive Vice President of Energy Delivery and Customer Service for HL&P, the electric utility predecessor of CenterPoint Energy's Houston area operations. He was named President and Chief Operating Officer of HL&P in 1997. In 1999, he became President and Chief Operating Officer of Reliant Energy Regulated Group and served as Vice Chairman of Reliant Energy, positions he held until assuming his current leadership role. Mr. McClanahan has a Bachelor's degree in Mathematics with honors from the University of Texas and a Master's degree in Business Administration from the University of Houston. He is also a Certified Public Accountant. He is former Chairman of the Board of Regents of the University of St. Thomas. He serves on the Boards of the Interstate National Gas Association of America, the American Gas Association, the Houston Chapter of the Financial Executives Institute, where he is a past President, Junior Achievement of Southeast Texas and the Gulf Coast Regional Blood Center. He is a member of the American Institute of Certified Public Accountants, Texas Society of CPAs and Houston Chapter of CPAs. Profile
TWST: Would you introduce CenterPoint Energy to our readers and

explain the recent restructurings that have gone on at the

company?

Mr. McClanahan: CenterPoint Energy is a combined gas and