Dominion News Releases

December 15, 2000

Dominion Names McDermid Senior Vice President, Chief Information Officer

RICHMOND, Va. – The Dominion (NYSE: D) board of directors Friday elected Margaret E. "Lyn" McDermid senior vice president- information technology and chief information officer, effective Jan. 1, 2001.

McDermid is vice president and chief information officer.

“Lyn knows our products and services and she will continue to help drive our business in the information age,” said Thos. E. Capps, chairman, president and chief executive officer. “She has demonstrated exceptional knowledge of an industry that is constantly changing and is an important part of our management team.”

McDermid was recently appointed to the Governor’s Chief Information Officer Advisory Board for the Commonwealth of Virginia, a board that advises the governor and his cabinet on business and technology issues. The board's goals include increasing the commonwealth’s leadership in the information technology business and using that leadership to build the economy and increase jobs.

McDermid joined Dominion subsidiary Virginia Power in 1982 in the company’s engineering and construction department. She has held various management positions within the company including director-administrative services and director-IS client services. In 1998, McDermid was named acting chief information officer and subsequently was named vice president-information technology.

McDermid is a member of the board of visitors of Mary Baldwin College in Staunton, Va., and the Greater Richmond Technology Council. A native of Boston, McDermid received her bachelor’s degree in business from Mary Baldwin and master’s degree in business administration from the University of Richmond.

Dominion, headquartered in Richmond, Va., is one of the nation’s largest producers of energy, with a production capability of 2.7 trillion British Thermal Units (BTUs) of energy per day. The company has a power generation portfolio of more than 19,000 megawatts, which is expected to grow to more than 28,000 megawatts by 2005. Dominion is one of the largest independent oil and natural gas exploration and production companies in North America, with 2.8 trillion cubic feet of equivalent reserves. Dominion also serves 3.8 million retail natural gas and electric customers. For more information about Dominion, visit the company's web site at www.dom.com.

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