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Lloyd Yates is president and chief executive officer for Progress Energy Carolinas, an electric utility serving 1.4 million customers in a 30,000-square-mile service area in the Carolinas. In that role, he oversees the four operational and customer services regions in the Carolinas, as well as the distribution, transmission and system planning functions.
Yates has more than 25 years of experience in the energy business including fossil generation, energy delivery, and nuclear generation. He was promoted to his current position July 1, 2007, after serving for more than two years as senior vice president-Energy Delivery for Progress Energy Carolinas. Previously, he had served as vice president -Transmission for Progress Energy Carolinas. He came to Progress Energy predecessor Carolina Power & Light in 1998, and served for five years in the role of vice president for Fossil Generation.
Before joining Progress Energy, he worked for PECO Energy for 16 years in several line operations and management positions.
He is a mechanical engineering graduate of the University of Pittsburgh and earned a master's degree in business administration from St. Joseph's University in Philadelphia. He attended the Advanced Management Program at the University of Pennsylvania Wharton School and the Executive Management Program at the Harvard Business School.
He serves on the boards of the Greater Raleigh Convention and Visitors Bureau, The Triangle Urban League and the American Heart Association, as well as the First Tee and High Five organizations. | 