www.sec.gov/Archives/edgar/data/1096385/0000950131-02-0 -
[Cached Version]
Published on: 3/15/2002
Last Visited: 6/28/2002
The Class III directors, John M. Dunn, Niel C. Ellerbrook, Anton H. George, Andrew E. Goebel, and Robert L. Koch II, have terms expiring in 2003.
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John M. Dunn, age 64, has been a director of SIGCORP or VECTREN CORP since 1996.Mr. Dunn is President and Chief Executive Officer of Dunn Hospitality Group, Ltd., a hotel development and management company.He is also a director of Old National Bank of Evansville.
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John M. Dunn
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John M. Dunn
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The members of the Executive Committee are Niel C. Ellerbrook, Chairman, Andrew E. Goebel, Anton H. George, Robert L. Koch II, John M. Dunn, and Richard P. Rechter.
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The members of the Audit Committee are Anton H. George, chairman, John M. Dunn, John D. Engelbrecht, J. Timothy McGinley, and Jean L. Wojtowicz.
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However, the Company did discover in preparing the filing on Form 5 for 2001 on behalf of John M. Dunn that VECTREN CORP, which prepares these reports on behalf of its insiders, had inadvertently understated Mr. Dunn's ownership of Common Stock by 1,008 shares.This error has been corrected and the current filing on Form 5 accurately reflects Mr. Dunn's holdings of Company Common Stock. REPORT OF THE AUDIT COMMITTEE The Audit Committee oversees VECTREN CORP's financial reporting process on behalf of the board of directors.The committee consists of five members, all of whom are independent from VECTREN CORP and VECTREN CORP's management in accordance with the New York Stock Exchange's listing requirements.The committee met four (4) times during the past fiscal year, and operates under a written Audit Committee Charter adopted by the board of directors of the Company on March 31, 2000.Under the Audit Committee Charter, the committee has the authority and the responsibility to select, evaluate, and replace the independent accountants, to review the scope, conduct, and results of audits performed, and to make inquiries as to the differences of views, if any, between such independent accountants and officers and employees of VECTREN CORP and subsidiaries with respect to the financial statements and records and accounting policies, principles, methods and systems.