SOURCE: Cleco Corp.

March 05, 2008 16:42 ET

Cleco Corp. Names Charles Mannix Treasurer

PINEVILLE, LA--(Marketwire - March 5, 2008) - Cleco Corp. (NYSE: CNL) has named Charles A. Mannix vice president of tax and treasurer.

Mannix, 49, comes to Cleco with more than 25 years of tax and financial accounting experience. He has been working in the energy sector for the past 19 years and most recently served as manager of income taxes for Ameren Corp.

Prior to working at Ameren, Mannix served as director of taxes and tax planning at Exelon Generation Company, LLC and manager of taxes for Conectiv, the parent company of Delmarva Power and Atlantic City Electric.

Mannix, a certified public accountant and an attorney, holds a bachelor's degree in accounting from Saint Joseph's University in Philadelphia, Pa., and a juris doctorate from Widener School of Law in Wilmington, DE. He is a member of the Pennsylvania Bar Association.

"Chuck will oversee the tax department, ensure there is adequate cash flow to fund Cleco's operating goals, and manage our financial risks in the banking industry," Senior Vice President and CFO Kathleen Nolen said. "Having someone with Chuck's experience on our team will be an asset as we continue to safeguard Cleco's balance sheet while executing our growth strategy."

Cleco Corp. is a regional energy company headquartered in Pineville, La. It operates a regulated electric utility company that serves 273,000 customers across Louisiana. Cleco also operates a wholesale energy business with approximately 1,350 megawatts of name plate capacity. For more information about Cleco, visit www.cleco.com.

Contact Information

  • Investor Contacts:
    Cleco Corporation
    Ryan Gunter
    (318) 484-7724

    Media Contact:
    Fran Phoenix
    (318) 484-7467

    Shareholder Services:
    Rodney Hamilton
    (318) 484-7593

    Analyst Inquiries:
    Kristine Walczak
    (312) 780-7205