News Release
Nov. 09, 1999

DE&S Welcomes New VPs

Charlotte, NC (Nov. 9, 1999) -- Jerry Vargo has been named executive vice president of Duke Engineering & Services’ (DE&S) International Group, replacing Suresh Pahwa, who retired September 1. Also, DE&S has named Sandy Vlahos senior vice president and chief financial officer.

Vargo joins DE&S from ABB Inc. where he bad been senior vice president of global sales since 1996, with direct responsibility for domestic and international sales for ABB’s boiler business area

Previously, Vargo was senior vice president of commercial operations for ABB, with responsibility for sales and strategic marketing for all power generation products in the Americas (North, Central and South America). From 1989 to 1993, as vice president of international sales for ABB Combustion Engineering, he directed all aspects of the company’s major international contract negotiations.

Vargo received a bachelor of science degree in Engineering from the University of Connecticut in 1973, and completed coursework toward a master’s degree in Management from Rensselaer Polytechnic Institute. He also completed a senior management program at Duke University.

Vlahos joined Duke Energy in 1992, and has managed subsidiary accounting and financial reporting areas for the company. She was previously manager of the Duke Power and subsidiaries audit for Deloitte & Touche.

A native of Toledo, Ohio, she graduated from Ohio State University in 1985 with a bachelor’s degree in accounting/business. She is a Certified Public Accountant in North Carolina and a member of the American Institute of Certified Public Accountants,

DE&S provides full-scope engineering, technical and professional services to clients worldwide. Headquartered in Charlotte, N.C., DE&S is an affiliate of Duke Energy, a global energy company with more than $29 billion in assets DE&S manages 25 U.S and 17 international offices, and has performed work in more than 50 countries.

For more information on DE&S, access our website at www.dukeengineering.com.

Contact: Tommy Smith
Phone: (704) 382-3403
24 Hour Phone: (704) 382-8333
Email: media-relations@duke-energy.com