Executive Profile

Theresa M. Stone Executive Vice President, Treasurer and, Trustee, Massachusetts Institute of Technology

Age	Total Calculated Compensation	This person is connected to 4 Board Members in 4 different organizations across 8 different industries. See Board Relationships
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Background

Ms. Theresa M. Stone serves as an Executive Vice President and Treasurer of Massachusetts Institute of Technology. Ms. Stone served as the Chief Financial Officer of Jefferson-Pilot Corp. since November 2001 and served as its Executive Vice President since July 1997. She served as the President of Jefferson-Pilot Communications Company (JPCC) since July 1, 1997 and Lincoln Financial Media Company since April 2006. She served as a Treasurer of Jefferson-pilot Corporation ... since November 2001. She joined Jefferson Pilot Financial Insurance Company in July 1997 from Chubb Life Insurance Company of America, where she served as the President and Chief Executive Officer from 1994 to 1997. She served as an Executive Vice President of The Chubb Corporation from 1995 to 1997. Prior to joining The Chubb Corporation as a Senior Vice President in 1990, she served as a Principal with Morgan Stanley & Company, Inc., where she worked as an Investment Banker from 1976 to 1990 and advised clients primarily in the insurance industry on financial and strategic matters. She serves as Vice Chairman of the Federal Reserve Bank of Richmond. She served as a Director of Duke Energy Corporation from 2005 to July 27, 2012, Florida Progress Corporation since July 13, 2005 and Burlington Industries, Inc. since April 1994. She served as an Independent Director of Progress Energy Inc. from July 13, 2005 to July 2012. Since 1997, she has served on the Board and is a Member of the Investment Committee and various academic and development committees of the Massachusetts Institute of Technology. She also serves as a Trustee of the University of North Carolina at Greensboro. She holds board positions with the United Way of Greensboro and the Wellesley College Business Leadership Council. She served on the Board of the Margaretten Corporation, Forward Greensboro, and the New Hampshire Historical Society. Ms. Stone received a Bachelor's Degree in French literature from Wellesley College in 1966 and a Master's Degree in Management from the Sloan School of Management at the Massachusetts Institute of Technology in 1976.

Corporate Headquarters 77 Massachusetts Avenue Cambridge, Massachusetts 02139-4307 United States Phone: 617-253-1000 Fax: 617-253-8544 Board Members Memberships Executive Vice President, Treasurer and, Trustee Massachusetts Institute of Technology Vice-Chairman Federal Reserve Bank of Richmond Trustee University of North Carolina at Greensboro 1999-N/A Former Director Burlington Industries, Inc. 2005-2012 Former Independent Director, Chair of Audit & Corporate Performance Committee, Member of Executive Committee, Member of Corporate Governance Committee and Member of Finance Committee Progress Energy Inc. 2005-2012 Former Director Duke Energy Corporation 2005-N/A Former Director, Member of Audit Committee, Member of Corporate Performance Committee and Member of Finance Committee Florida Progress Corporation Education Bachelor's Degree 1966 Wellesley College Master's Degree 1976 MIT Sloan School of Management Other Affiliations American International Group, Inc. Progress Energy Inc. Duke Energy Corporation Florida Progress Corporation Jefferson-Pilot Corp. Burlington Industries, Inc. Lincoln Financial Media Company Lincoln National Corporation Wellesley College Jefferson Pilot Financial Insurance Company Federal Reserve Bank of Richmond University of North Carolina at Greensboro MIT Sloan School of Management

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.