Billy Raley, Chief Executive Officer

Mr. Raley serves as the CEO and Director of Universal Energy Corp. (UEC), a diversified energy company currently focused on oil and gas exploration. He previously held the position of Regional Vice President for Progress Energy Florida, Inc.. Prior to joining Progress Energy Florida in 2002, he was the Vice President of Transmission for Carolina Power & Light, also a Progress Energy Company. In that position he was responsible for the construction and maintenance of all transmission facilities in North and South Carolina. Mr. Raley’s background is comprised of over 25 years of energy industry experience, including expertise in the areas of Transmission and Distribution Operations, Construction and Maintenance, and Nuclear Generation.

Mr. Raley currently serves as a trustee of Stetson University and is the Past-Chairman of the Foundation Board of Seminole Community College. He also serves on the Cystic Fibrosis Executive Committee and is Chairman of the Seminole County Regional Chamber of Commerce.

He is a Dean’s List graduate of the Georgia Institute of Technology with a degree in Electrical Engineering. In addition, Mr. Raley is a member of IEEE as well as having served on the NESC main committee and AEIC EPAC committe.