Industry & Services >> CEO Interviews >> June 11, 2002

Peter Scott Iii – Progress Energy Service Company (pgn)

PETER M. SCOTT III is Executive Vice President and Chief Financial Officer of Progress Energy, inc. He oversees the company's strategic planning, financial and enterprise risk management functions. Before joining Progress Energy (formerly CP&L), Mr. Scott was the founding President of Scott, Madden & Associates, Inc., a general management consulting firm headquartered in Raleigh, North Carolina. The firm served clients in a number of industries, including energy and telecommunications. Particular practice area specialties for Mr. Scott included strategic planning and operations management. Before founding Scott, Madden & Associates in 1983, he was a Principal and Partner in Theodore Barry & Associates, a Los Angeles-based consulting firm. Mr. Scott is active in a number of civic and non-profit organizations, including the North Carolina Museum of Art Foundation Board, the Capital Area Soccer League, and the RTI International Board. He holds Master's and undergraduate degrees in Business Administration from The University of North Carolina at Chapel Hill. Profile
TWST: What is going on in Progress Energy since we spoke a year ago that

investors should focus on?

Mr. Scott: From the standpoint of our overall strategy, it is still the

same. We are an