James Nicholas Bayne

James Nicholas (Nick) Bayne, aged 51 years, has been the President and Chief Executive Officer and Member of the Board of Directors of the company since September 2002.
Mr. Bayne has extensive executive management experience in the regulated and unregulated energy, electric utility and economic/real estate development industries.
He has served as an executive consultant to the energy and information technologies industries; CEO of Aspect, LP, a Houston-based energy risk management and FASB 133 ASP software firm; Senior Vice President for Energy Sales and Operations for Duke Energy's unregulated retail energy services company; Vice President of Marketing, Economic Development and Participant Services for MEAG Power; President of the Business and Industrial Development Corporation; and positions with Carolina Light & Power Company and Central Electric Power Cooperative, Inc. He holds a degree in environmental science technology from Southwestern Community College and undertook graduate studies and holds a Bachelor's degree with a concentration in business administration and economic geography from the University of South Carolina.