Fred Day

Fred Day

Former CEO, Progress Energy Carolinas

About Fred N. Day IV

Fred Day is former president and chief executive officer of Progress Energy Carolinas, a regulated electric utility serving 1.4 million customers in North Carolina and South Carolina.

As president and CEO, Day led an organization that included seven customer service and operations departments. Those functions included four regional operations departments, a distribution engineering organization, a transmission department and a customer service organization, including three customer service centers – one in North Carolina and two in Florida.

Day spent his entire career with Progress Energy – formerly CP&L – and held several management positions within the company. He was named senior vice president of Energy Delivery in 1997, executive vice president in 2000, and promoted to president and chief executive officer in 2003. Day retired from Progress Energy during July of 2007.

Currently, Day serves on the boards of directors of the North Carolina State Engineering Foundation and Microcell Corporation. He is a past chair of the Greater Raleigh Chamber of Commerce. He also is past chair and director of the North Carolina Zoological Society, Eastern North Carolina Industrial Council and Wilmington Industrial Development, Inc. He served on the boards of Advanced Energy Corporation and the North Carolina Economic Development Board.

Day received a Bachelor of Science degree in mathematics from Mars Hill College. He also is a graduate of Progress Energy’s Management Institute at The University of North Carolina at Chapel Hill.

Day served as the Foundtion’s Vice Chair from 2006 to June, 2013.