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H. JARRELL GIBBS

H. Jarrell Gibbs is presently active in private investments. He is a member of the Board of Trustees of Texas A&M Research Foundation, York College and a member of the Board of Directors of TenX Technologies, a private corporation. Mr. Gibbs also serves as Chairman for the Aggie Spirit Development Council in Texas A&M University's "One Spirit One Vision" one billion dollar capital campaign; is a member of the Board of Visitors for the Texas A&M Corps of Cadets; the Advisory Council for the Texas A&M Health Science Center College of Medicine Leadership Council; the Texas A&M Corps of Cadets Leadership Council; and the Corps Development Council.

He is retired President of TXU Corp. having served for 22 years in various executive positions including Vice Chairman and President of TXU Corp., President of TXU Electric and TXU Business Services, Chief Financial Officer of TXU Corp. and Executive Vice President & General Manager of Texas Electric Service Division of TXU Electric. As such, Mr. Gibbs' career with TXU included senior management positions responsible for strategy, mergers & acquisitions, business development, finance and administration, legislative affairs, marketing and operations.

Prior to joining TXU in 1980, he served over 20 years in the U.S. Army. During that period, he commanded units on three continents, was an artillery battalion commander in the First Cavalry Division and served two tours in Vietnam. His last assignment was with the Army General Staff in the Pentagon working with members of the U.S. House of Representatives and the U.S. Senate for approval of the Army's annual budget request.

Mr. Gibbs has previously served as a director for Nuclear Emergency Insurance Limited, PennVirginia Corp., a public oil and gas exploration and production company, and Quanta Services, Inc., a utility infrastructure construction and maintenance company, as well as several nonprofit organizations including the United Way of Fort Worth, the Fort Worth Chamber of Commerce and Texas Health Resources Hospital Board.

He holds a Bachelors degree in Business Administration in Finance and a Masters degree in Management and Administration from Texas A&M University and is a graduate of Harvard Business School Advanced Management Program and the U.S. Army Command and General Staff College. In October 1999, Mr. Gibbs was honored as an Outstanding Alumni-Lowry Mays College & Graduate School of Business of Texas A&M University.

Mr. Gibbs is married to Cynthia, his wife of 45 years. They have two children and four granddaughters and are active in their local church.

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