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Thomas N. May, Executive Vice President, Commercial Operations, is responsible for leading all of Calpine’s commodity price risk management activities. He leads the company's marketing and sales, trading, plant optimization, origination and transmission activities. Prior to joining Calpine, Mr. May served as Vice President of Commercial Operations for NRG Energy where he was responsible for the overall direction and management of all of NRG's commodity risk management activities, including power, natural gas, oil, coal and emissions. Prior to joining NRG in 2004, he was Vice President-West Coast Power for Dynegy Marketing and Trade, responsible for its West Coast commercial operations. In total, Mr. May has more than 23 years of experience in every aspect of the power industry, including trading, marketing, origination, transmission, asset management and power generation. Thomas N. May is of no relation to Robert P. May, Calpine's Chief Executive Officer. | 