
	Caroline Dorsa was named executive vice president and chief financial officer for Public Service Enterprise Group Incorporated (PSEG) in April 2009. She is also the executive vice president and chief financial officer of Public Service Electric and Gas Company (PSE&amp;G), PSEG Power and PSEG Services Corporation.

	Ms. Dorsa is responsible for all financial functions, including Internal Audit Services and Investor Relations. Given the array of financial instruments which serve as the primary means of selling wholesale energy to customers, Ms. Dorsa also has responsibility for the Risk Management function, which provides independent oversight of the PSEG Power trading organization. &nbsp;In addition to her financial responsibilities, Ms. Dorsa leads the Information Technology and Procurement organizations. &nbsp;She is a member of PSEG&rsquo;s Executive Officer Group.

	In her role as chief financial officer, she has overseen the execution of the Company&rsquo;s financial strategy, which has involved a significant deleveraging of the balance sheet and enhancement of the company&rsquo;s financial strength. &nbsp;The company is in the midst of a major capital investment program focused on deploying more than $6 billion over three years to ensure the reliability and efficiency of the energy generation and distribution system in New Jersey. &nbsp;PSEG has an uninterrupted record of paying dividends to shareholders for 105 years.&nbsp;

	Ms. Dorsa had been a member of the PSEG Board of Directors for six years, and a member of PSEG&#39;s Audit, Corporate Governance and Finance Committees before joining the company&rsquo;s management. Her previous management position had been with Merck &amp; Co., where she was senior vice president &ndash; global human health, strategy and integration. &nbsp;Prior to this, Ms. Dorsa served as senior vice president and chief financial officer at Avaya, Inc. &nbsp;Earlier in her career, she held a range of financial positions at Merck, including serving as vice president and treasurer of the company for over 12 years. She was also the Secretary of the Finance Committee of Merck&#39;s Board of Directors.&nbsp;

	Before joining Merck, Ms. Dorsa worked for Mayor Edward Koch of the City of New York promoting economic development in midtown Manhattan.

	Ms. Dorsa is a member of the Junior Achievement of New Jersey State Board of Directors. &nbsp;She is a member of the Board of Directors and the financial expert for the Finance and Audit Committee of Biogen Idec (NASDAQ: BIIB), a biopharmaceutical company located in Cambridge, MA. &nbsp;Ms. Dorsa is also a member of the Board of Directors and Chairman of the Audit Committee of Joule, a privately financed solar fuels company based in Bedford, MA.

	Ms. Dorsa holds a B.A. from Colgate University and an M.B.A from Columbia Business School.

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