Cavanaugh was a high-caliber leader who stressed excellence and ethics.
Tulane University, BS, 1961
Cavanaugh retired from his position as CEO in March 2004 and from his position as chairman the following May.
Former chairman, chief executive officer, and president, Progress Energy
John Joseph Cavanaugh III was born in 1945.
In 1992 Cavanaugh left Entergy and joined Carolina Power and Light (CP and L) in Raleigh, North Carolina, as president and COO.
After leaving the navy in 1969 as a lieutenant commander, Cavanaugh joined the Mississippi-based Entergy Corporation, where he spent the next 23 years
Cavanaugh's conservative approach helped Progress Energy weather industry scandal, a recession, and the vagaries of deregulation that eventually plagued the more aggressive power companies.
While Cavanaugh may have been cautious about deregulation, he was not going to let CP and L be left behind. In 2000 he negotiated the purchase of Florida Progress Corporation, the parent company of Florida Power.
World Association of Nuclear Operators as well as the board of directors of Edison Electric Institute, the Nuclear Energy Institute, and the Research Triangle Foundation.
bachelor's degree in mechanical engineering from Tulane University. He then spent the next eight years in the U.S. Navy, primarily serving in the navy's nuclear-powered submarine program.
William Kamp III's birth name is William Taylor Kamp III.
William Gray III's birth name is William Herbert Gray III.