EFH Board of Directors

Donald L. Evans, Non-Executive Chairman: A native of Houston, Evans began his career as a roughneck, working on drilling rigs for Tom Brown, Inc., in the oil and gas fields of West Texas. Ten years later, he became CEO of this publicly owned energy company, a position he held until he was appointed U.S. secretary of commerce by President George W. Bush in 2001. Evans served in this role for four years, during which he was a strong advocate for the free enterprise system, free and fair trade, and responsible corporate stewardship.

John F. Young, President and CEO: John F. Young is President and CEO of Energy Future Holdings Corp., a Dallas-based energy holding company with a portfolio of competitive and regulated energy subsidiaries, primarily in Texas, including TXU Energy, Luminant and Oncor. Full Bio

Arcilia C. Acosta: Arcilia Acosta is the President and CEO of CARCON Industries & Construction, specializing in commercial, institutional and transportation construction. Ms. Acosta is also the CEO and controlling principal of STL Engineers. Ms. Acosta is the former Chair of the Texas Association of Mexican American Chambers of Commerce, is on the State Board of the Foundation for the Education of Young Women, is past Chair of the Greater Dallas Hispanic Chamber of Commerce and serves on the Boards of the Dallas Foundation and the Board of Advisors for Compass Bank. Ms. Acosta is a graduate of Texas Tech University and the Harvard Business School Corporate Governance Program.

David Bonderman: David Bonderman is a founding partner of TPG Capital. Before forming TPG in 1992, Mr. Bonderman was Chief Operating Officer of the Robert M. Bass Group in Fort Worth, Texas. He serves on the Boards of the following public companies: Co-Star Group, Inc.; Gemalto N.V.; and RyanAir Holdings, plc, of which he is Chairman. He also serves on the Boards of The Wilderness Society, the Grand Canyon Trust, the World Wildlife Fund, The University of Washington Foundation and the American Himalayan Foundation.

Thomas D. Ferguson: Thomas D. Ferguson is a Managing Director of Goldman, Sachs & Co. having joined the firm in 2003. Mr. Ferguson heads the asset management efforts for the Merchant Bank's infrastructure investment activity worldwide. He currently serves on the boards of some of Goldman & Sachs & Co.'s largest infrastructure investments including Associated British Ports, the largest port company in the UK, Carrix one of the largest private container terminal operators in the world, and Red de Carreteras, a major toll road concessionaire in Mexico. Additional responsibilities at the firm included an 18 month stint as the CEO of National Golf/American Golf, one of the leading owner/operators of golf courses in the US for which he now serves as the company's non-exec Chairman.

Frederick M. Goltz: Frederick M. Goltz has been with Kohlberg Kravis Roberts & Co. for 13 years. He has played a significant role in the development of many of the themes pursued by KKR in the energy space, including those related to integrated utilities, merchant generation, and oil and gas exploration and production. He now heads KKR's newly created Mezzanine Fund headquartered in San Francisco. Goltz received B.A. and B.S. degrees magna cum laude from the University of Pennsylvania and an M.B.A. degree from INSEAD, Fontainebleau, France.

James R. Huffines: James R. Huffines is chairman of the University of Texas System board of regents, after previously serving as vice chairman from November 2007 to April 2009 and chairman from June 2004 to November 2007. He is also chairman, Central and South Texas Region, of PlainsCapital Bank, senior executive vice president of PlainsCapital Corporation, and a director of Andrew Harper Travel Publications, Inc., Hester Capital Management, PlainsCapital Bank, and PlainsCapital Corp. He previously held senior management positions at Hester Capital Management, L.L.C., and Morgan Keegan & Co. Mr. Huffines also previously served on the board of UTIMCO (University of Texas Investment Management Company). In addition, he has served as an officer or board member for a number of civic and philanthropic organizations. He earned a B.B.A. degree in finance from the University of Texas at Austin in 1973 and attended Southwestern Graduate School of Banking at Southern Methodist University.

Scott Lebovitz: Scott Lebovitz is Managing Director of Goldman, Sachs & Co. in its principal investment area. He joined Goldman Sachs in 1997 and was promoted to managing director in 2007. Lebovitz serves on the boards of CVR Energy, Inc. and Village Voice Media, LLC. He received a B.S. degree from the University of Virginia.

Jeffrey Liaw: Jeffrey Liaw is active in TPG's energy and industrial investing practice areas. Before joining TPG, he worked for Bain Capital in its industrials practice. He serves on the board of Graphic Packaging Corporation. Liaw is a graduate of the University of Texas at Austin and received his M.B.A. degree from Harvard Business School.

Marc S. Lipschultz: Marc Lipschultz joined KKR in 1995 and is the global head of KKR's Energy and Infrastructure business. Marc currently serves as a member of KKR's Management Committee and the Firm's Infrastructure Investment Committee. Marc has played a leading role in many investments including DPL, International Transmission Company, Texas Genco, Energy Future Holdings (formerly TXU Corp.) and East Resources. Currently, Marc is on the board of directors of Energy Future Holdings, Oncor Electric Delivery and Accel-KKR Company. Prior to joining KKR, Marc was with Goldman, Sachs & Co., where he was involved in a broad array of mergers and acquisitions as well as the firm's principal investment activities. He received an A.B., Honors and Distinction, Phi Beta Kappa, from Stanford University and an M.B.A. with High Distinction, Baker Scholar, from Harvard Business School. Marc Lipschultz is actively involved in a variety of non-profit organizations, including serving as chair of the Center for Curatorial Studies and as a member of the boards of the American Enterprise Institute for Public Policy Research, Bard College, Common Good, and the Michael J. Fox Foundation.

Michael MacDougall: Michael MacDougall is a partner of TPG. Prior to joining TPG in 2002, MacDougall was a vice president in the principal investment area of the merchant banking division of Goldman Sachs, where he focused on private equity and mezzanine investments. He was also an assistant brand manager in the paper division of Procter & Gamble. He received his B.B.A. degree with highest honors from the University of Texas at Austin and an M.B.A. degree with distinction from Harvard Business School. MacDougall also serves on the board of directors of Aleris International, Graphic Packaging Corporation and Kraton Polymers LLC. In addition, MacDougall serves on the board of The Opportunity Network, a charitable organization that creates access for top-performing New York City public school students to influential networks, career opportunities and competitive colleges, and is the co-chair of The Dwight School's Annual Fund.

Lyndon L. Olson, Jr.: Lyndon L. Olson was a senior advisor with Citigroup Inc. from 2002 to 2008, after serving as United States ambassador to Sweden from 1998 to 2001. He was previously affiliated with Citigroup from 1990 to 1998, as president and CEO of Travelers Insurance Holdings and the Associated Madison Companies, predecessor companies. Before joining Citigroup, he served as president of the National Group Corporation and as CEO of its National Group Insurance Company. Ambassador Olson is also a former chairman and a member of the Texas State Board of Insurance, former president of the National Association of Insurance Commissioners and a former member of the Texas House of Representatives. Ambassador Olson also serves as chairman of the board of the Texas Scottish Rite Hospital in Dallas and is a member of the Baylor College of Medicine board of trustees. In addition, he is a member of the Lyndon Baines Johnson Foundation in Austin. Ambassador Olson is a graduate of Baylor University and attended Baylor Law School.

Kenneth Pontarelli: Kenneth Pontarelli is a managing director of Goldman, Sachs & Co. in its principal investment area. He transferred to the principal investment area in 1999 and was promoted to managing director in 2004 and to partner in 2006. Pontarelli serves on the boards of CCS, Inc., Cobalt International Energy, L.P., CVR Energy, Inc. and Knight Inc. He received a B.S. degree from Syracuse University and an M.B.A. degree from Harvard University.

William K. Reilly: William K. Reilly is a senior advisor to TPG and a founding partner of Aqua International Partners, an investment group that invests in companies that serve the water and renewable energy sectors. He previously served as the seventh administrator of the U.S. Environmental Protection Agency. He is a director of E. I. DuPont de Nemours and Company, Eden Springs, Ltd. of Israel, ConocoPhillips and Royal Caribbean International. Before serving as EPA administrator, he was president of World Wildlife Fund and of The Conservation Foundation. He previously served as executive director of the Rockefeller Task Force on Land Use and Urban Growth, a senior staff member of the President's Council on Environmental Quality and associate director of the Urban Policy Center and the National Urban Coalition. Reilly has written and lectured extensively on environmental issues and is co-chairman of the National Commission on Energy Policy. He served in the U.S. Army to the rank of captain. He also has served as an officer or board member for a number of civic and philanthropic organizations. An alumnus of Yale University, Reilly holds a law degree from Harvard University and an M.A. degree in urban planning from Columbia University.

Jonathan D. Smidt: Jonathan D. Smidt has been with Kohlberg Kravis Roberts & Co. since 2000. He is a member of the firm's energy and natural resources industry team. Currently, he is a director of Laureate Education Inc. He holds a B.B.S. degree and a Postgraduate Diploma in accounting from the University of Cape Town (South Africa).

Kneeland Youngblood: Kneeland Youngblood is a founding partner of Pharos Capital Group, a private-equity firm that focuses on providing growth and expansion capital to businesses in technology, business services and health-care services. He is also a director of Starwood Hotels and Resorts Worldwide, Inc., Gap Inc. and Burger King Holdings, Inc. He is a former director of the U.S. Enrichment Corporation, a global energy services company privatized in 1998. Youngblood served as a presidential appointee with Senate confirmation in his role on the board. He is a member of the Council on Foreign Relations and graduated from Princeton University with an undergraduate degree and earned an M.D. degree from the University of Texas, Southwestern Medical School.