NES President/CEO to Retire

NES President/CEO to Retire

NASHVILLE, TN — Don Kohanski, President & CEO of Nashville Electric Service (NES) announced at the regular meeting of the Electric Power Board today that he is retiring effective June 30, 2004. Mr. Kohanski has 30 years of experience with NES. He was appointed Acting President & CEO in 1999, and assumed the post full-time in January 2000.

“We are fortunate to have had someone with Don’s experience and proven ability to lead over the last four years,” said Betty Nixon, Chair of the Electric Power Board. “Under his leadership our customers have enjoyed enhanced reliability and customer service, and long-range improvements have been instituted that will position us well for years to come. Employees and the board greatly respect Don and all that he has done for NES. All of us extend our sincerest appreciation for his work and wish him a long and happy retirement.”

Mr. Kohanski joined NES in 1974 as the utility’s first internal auditor. In 1993, he was named Chief Financial Officer and held other managerial titles before being appointed President & CEO.

Active in the community, Mr. Kohanski serves on the Boy Scouts of America Middle Tennessee Chapter, is a board member of Belmont University and the Center for Non-Profit Management, and serves on the United Way Campaign Cabinet.

He also serves on a number of utility organization boards and committees, including the Tennessee Valley Public Power Authority (TVPPA) Energy Services & Marketing Committee, Power Supply Committee, and as treasurer of the board. He is also a board member of the Tennessee Municipal Electric Power Association and the Tennessee Electrical Power Acquisition Corporation.