Monday, August 30, 2010

Senior Energy Executive Karl W. Miller Endorses Representative Mike McIntyre for North Carolina's 7th Congressional District

WILMINGTON, N.C., Aug. 30 /PRNewswire/ -- Leading Independent and Senior Energy Executive Karl W. Miller formally endorsed Representative Mike McIntyre for re-election to North Carolina's 7th Congressional District.

Mr. Miller has a long-standing history of bi-partisanship on major policy issues and in supporting moderate political candidates. Mr. Miller has been active in the national political arena and taken a leadership role regarding the US Energy policy and proposed carbon emissions regulation currently under debate in Washington.

"Mike McIntyre has proven to be a well thought-out moderate representative for the constituents of Eastern North Carolina, especially in these extremely difficult times. While McIntyre is a registered Democrat, he has not demonstrated that he is tied to any specific agenda of Nancy Pelosi, Harry Reid, or President Barack Obama," said Mr. Miller.

"McIntyre has demonstrated his practical nature, been moderate in his voting record, and has connected with the people of Eastern North Carolina and I am confident that he will be re-elected based upon these attributes," Mr. Miller added.

About Mr. Karl W. Miller:

Mr. Miller is a globally recognized energy executive and institutional investor with a balance of both financial and energy sector expertise. Mr. Miller began his career on Wall Street during the 1980s and has an extensive background in banking, commodities trading, risk management and asset energy asset acquisition and development.

Mr. Miller has a long history in the global energy business and has held a variety of executive management positions both within the United States, Europe and Asia. Mr. Miller has been involved in transactions in excess of $25 billion in energy-related assets during his career.

Mr. Miller is an energy industry expert with focus on trading, risk management, power plant development and overall management of energy companies in the oil, natural gas and renewable sectors. Mr. Miller has built, restructured and managed energy businesses for major public energy companies on several continents, including PG&E Corporation, Electricite de France, El Paso Energy, Enron Corporation and JPMorgan Chase.

Mr. Miller is widely viewed as an expert on distressed energy asset acquisitions and has acquired significant energy assets in the US and internationally at significant discounts over his career.

Mr. Miller holds an MBA in Finance from the Kenan-Flagler Business School at The University of North Carolina, Chapel Hill. Mr. Miller also holds a B.A. in Accounting from Catholic University located in Washington, DC.


Office of Mr. Karl W. Miller

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