Executive Profile

Michael G. Browning Chairman and President, Browning Investments, Inc.

Age	Total Calculated Compensation	This person is connected to 5 Board Members in 5 different organizations across 7 different industries. See Board Relationships
65	--

Background

Mr. Michael G. Browning has been President and Chairman of Browning Investments, Inc. since 1981. Mr. Browning serves as Owner, General Partner or Managing Member of various real estate entities. He has been Independent Director of Duke Energy Corporation since 1990. He serves as Director of IIndy Partnership, Inc. He serves as a Co-Lead Director of Cinergy Corp., and has been its Director since 1994. He serves as a Director of Duke Energy Carolinas, LLC and Indiana ... Sports Corporation. He was the Chairman of the Board and President of the Fidelity Bank of Indiana. He served as Chairman and President of Duke Energy Carolinas, LLC. He served as Director of Standard Management Corp. from October 19, 2004 to July 27, 2006. He served as Duke Energy Indiana, Inc. (also known as PSI Energy Inc.) since 1990. He served on the Board of Directors of Conseco, Inc., Emmis Broadcasting, Inc., the Seattle Mariners Baseball Club, MC Equities, Inc., NBD Indiana, Inc., and the Indiana National Bank. Mr. Browning is very involved in community activities and has played an active role in the Indianapolis “public-private” partnership. He is a Member of the Board of Directors of Indianapolis Economic Development Commission, RCA Tennis Championships, Indianapolis Downtown, Inc., Indiana Golf Foundation, Indianapolis Project, Inc., Indianapolis Museum of Art, Corporate Community Council, is the Vice Chairman of the Indianapolis Convention and Visitors Association, serves on the Advisory Board of St. Vincent Hospital and Health Care Center, serves on the Board of the Educational Choice Charitable Trust, and the Indiana Museum of Art. Additionally, he serves on the Graduate School Advisory Council of the University of Notre Dame. Mr. Browning has been honored as the Entrepreneur of the Year by Ernst and Young and Inc. Magazine, Notre Dame Man of the Year and recipient of the Sagamore of the Wabash from Governors Bayh and Kernan. Mr. Browning has been actively involved in the emergence of Indianapolis as the Amateur Sports capitol of the world. He was an organizing member of the 1982 National Sports Festival, a member of the executive committee of the Pan American Games Organizing Committee, served as Chairman of the Board of Directors at the Indiana Sports Corporation from 1989 to February 1993, and is Chairman of the organizing committee for Youthlinks of Indiana. In addition to his involvement in amateur sports, Mr. Browning was the General Chairman of the 1991 PGA National Championships which was held at Crooked Stick Golf Club where he also served as President for three years. He led the negotiations which resulted in the relocation of the NCAA Headquarters to Indianapolis. Additionally, he was chairman of the Indiana Sport Corporation's Solheim Cup Venture and led the negotiations for the 2012 BMW Championship as part of the PGA Tour's Fed Ex Cup. Mr. Browning was a pioneer in the shared tenant telecommunication business. In 1984, he formed Office Networks, Inc. which quickly became the third largest telephone company in the State. He also serves as a board member of the Indianapolis Indians. Mr. Browning served two years in the United States Army in Washington, D.C., and the Republic of South Viet Nam. He has also been honored with an Honorary Doctorate Degree from Marian College and Martin University. Mr. Browning is a licensed Indiana real estate broker and received his B.Sc. from the University of Notre Dame in 1968.

Corporate Headquarters 6100 West 96th Street Indianapolis, Indiana 46278 United States Phone: 317-344-7300 Fax: 317-344-7400 Board Members Memberships Director Duke Energy Carolinas, LLC Director Indy Partnership, Inc. Chairman and President Browning Investments, Inc. 1990-N/A Former Director Duke Energy Indiana, Inc. 1990-Present Independent Director, Member of Corporate Governance Committee, Member of Finance & Risk Management Committee and Member of Audit Committee Duke Energy Corporation 1994-Present Co-Lead Director, Chairman of Compensation Committee, Member of Corporate Governance Committee and Member of Executive Committee Cinergy Corp. 2004-2006 Former Director Standard Management Corp. Education BS University of Notre Dame Doctorate Marian University Other Affiliations Duke Energy Indiana, Inc. Cinergy Corp. Duke Energy Corporation Standard Management Corp. Duke Energy Carolinas, LLC University of Notre Dame Marian University Indy Partnership, Inc.

Annual Compensation There is no Annual Compensation data available. Stocks Options There is no Stock Options data available. Total Compensation There is no Total Compensation data available.

COMPETITOR COMPENSATION

There is no Competitor Compensation data available.