After six and a half years as a commissioner on the Federal Energy Regulatory Commission (FERC),

After six and a half years as a commissioner on the Federal Energy Regulatory Commission (FERC), Vicky A. Bailey is stepping down effective February 1 to serve as president of PSI Energy Inc., a subsidiary of Cinergy Corp. She succeeds J. Joseph Hale Jr., who has served as interim president of PSI Energy since John M. Mutz retired from full-time service in May 1999. Hale continues to serve as Cinergy`s vice president of corporate communications and president of the Cinergy Foundation Inc.

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