Industry & Services >> CEO Interviews >> June 14, 2000
ERLE NYE is Chairman of the Board and Chief Executive Officer of TXU
Corp. (formerly Texas Utilities Company). He is also Chairman and Chief
Executive Officer of TXU Electric, TXU U.S. Gas Company, TXU Australia,
TXU Europe, and the subsidiaries of these corporations. His experience
has been in the engineering, financial, legal, operations, and
regulatory areas. Mr. Nye holds a Bachelor of Science in Electrical
Engineering from Texas A&M University and a Juris Doctor from Southern
Methodist University. He was appointed by Governor George Bush, in
February 1997, to serve a six-year term on The Texas A&M University
System Board of Regents and was elected as Chairman of the Board of
Regents in May 2001. Mr. Nye is past Chairman of the Texas A&M
University College of Engineering External Advisory and Development
Council. He also serves on the Texas A&M Development Foundation Advisory
Committee and is a member of The Chancellor's Century Council of
Advisors of Texas A&M University. Mr. Nye is a member of the Development
Council of the University of Texas at Dallas. For Southern Methodist
University, Mr. Nye serves on the Executive Boards for the Cox School of
Business and the School of Law, chairs the Board of Directors for the
Tate Lecture Series, and serves on the Executive Advisory Council of the
Maguire Center for Ethics and Public Responsibility. He was formerly
Chairman of the Board of Baylor College of Dentistry. Mr. Nye serves as
First Vice Chairman and member of the Executive Committee of the Board
of Directors of the Edison Electric Institute. He serves on the Board of
Directors of the Electric Power Research Institute and is a past
Chairman of the North American Electric Reliability Council, of the
Electric Reliability Council of Texas, and of the Nuclear Energy
Institute. Mr. Nye served on the Advisory Committee to the President's
Commission on Critical Infrastructure Protection and on the US
Department of Energy's Electric System Reliability Task Force. Mr. Nye
is a Registered Professional Engineer and a member of local, state, and
American bar associations. Profile
TWST: Could we start out with a quick overview of Texas Utilities, asthe company is currently constituted?
Mr. Nye: Our company has made a transition in the last several years,
and I think