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
Cleco Corp. Names Charles Mannix Treasurer
| Source: Cleco Corp.
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.