Clean Tech Board Adds Vectren CEO

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Indiana's alternative energy technology initiative has named Evansville-based Vectren Corp. (NYSE: VVC) Chief Executive Officer Carl Chapman to its board of directors. He joins members including Purdue University President Mitch Daniels and Central Indiana Corporate Partnership Chief Executive Officer David Johnson on the Energy Systems Network board.

March 24, 2014

News Release

Indianapolis, Ind. - Energy Systems Network (ESN), the state's leading alternative energy technology initiative, has elected Carl Chapman, chairman, president and CEO of Vectren Corporation to its board of directors, making Vectren the second utility represented on the non-profit's board.

"Beyond being an Indiana-based company, Vectren's representation on ESN's board is a major advantage for our work in the alternative energy sector," said ESN Board Chairman and Ivy Tech President Tom Snyder. "Carl is a veteran of this industry, and his experience and input will most certainly guide ESN and our partners in exploring innovations in alternative fuel technologies for energy and transportation, including the importance of natural gas as a clean, domestic source of energy."

Chapman has a longstanding tenure in the energy industry, dating back to Vectren's predecessor company Indiana Gas/Indiana Energy where he served in a number of roles, including chief financial officer. Since that time, he has spent the majority of his nearly 30-year career with Vectren, a Fortune 1000 company, or its holding company, in various executive and leadership roles. He was named president and CEO of the Evansville-based company in June 2010, and became chairman of the board in May 2011.

"Tomorrow's energy industry will look very different from today as the demand for alternative energy continues to grow," said Chapman. "I'm both honored and excited to join ESN, an organization driving alternative energy adoption and shaping tomorrow's energy industry."

Carl is also active on a number of other boards, including the American Gas Association, Edison Electric Institute, and the Indiana Energy Association.

About Energy Systems Network:

Energy Systems Network (ESN) is an initiative of the Central Indiana Corporate Partnership. It is a non-profit industry-driven economic initiative focused on bringing alternative energy technology solutions to market, using innovation to confront global energy challenges with systems-level solutions. ESN's mission is to build an energy ecosystem that connects partner companies and institutions with industry in Indiana, across the country, and around the world, to address energy needs and generate new jobs and investment in the process. ESN partners include a wide range of Fortune 500 firms, emerging technology companies, and research and educational institutions with expertise in advanced technology vehicles, distributed power generation, advanced biofuels, renewable energy and energy efficiency. For more information, visit www.energysystemsnetwork.com.

Source: Energy Systems Network