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Business Graduates

Michael Carter

Michael Carter, LSUS Alum

Michael is a 1992 graduate who earned a bachelor's degree in accounting. He has spent much of his 20-year career in non-regulated electricity markets.

Michael is the senior vice president of corporate planning and assistant treasurer for Energy Future Holdings Corp. EFH is a Dallas-based, privately held, electric power company with a portfolio of retail, generation, and transmission and distribution subsidiaries. He has held various roles at EFH, including senior vice president of finance, operations, and IT for TXU Energy.

Prior to joining EFH, Michael was with KPMG, where he last served as a director in the transaction services group. He provided merger and acquisition due diligence and technical accounting advice for clients. Prior to joining KPMG, Michael worked for the no regulated electricity companies InterGen and CSW Energy/International.

Michael and his wife, Robin (also an LSUS graduate), live in Flower Mound, Texas and have one daughter, Sarah.What I do now:
Senior vice president of corporate planning and assistant treasurer for Energy Future Holdings Corporation

My work/job consists of:
EFH is a Dallas-based, privately held, electric power company with a portfolio of retail, generation, and transmission and distribution subsidiaries. I have held various roles at EFH, including senior vice president of finance, operations, and IT for TXU Energy.

Prior to joining EFH, I was with KPMG, where I last served as a director in the transaction services group. I provided merger and acquisition due diligence and technical accounting advice for clients. Prior to joining KPMG, I worked for the non regulated electricity companies InterGen and CSW Energy/International.

How I got to LSUS (or why I chose LSUS): I wanted to attend the University of Arkansas. However, the costs of out of state tuition made that impractical. I had to choose between LSUS and La Tech. My brother was at La. Tech at the time, so I decided to go to LSUS.

Fond Memories of LSUS: During my senior year at LSUS, I started on the basketball team.

LSUS faculty who helped me:
Dean Clark - He taught me business law and the importance of contracts
Timothy Vines - He was a professor of finance from whom I learned how markets "value companies"

How LSUS helped me succeed: The internship program helped me with an internship at SWEPCO, which started my career in the electricity business.

Advice to college-bound students: Do whatever you can to minimize the amount of debt that you have coming out of college. I worked multiple jobs while in college, while attending full time.

Advice to someone who wants to enter my field: Be able to make decisions without complete information, and be able to accept that you will not always be right.

Tips on choosing a major or career: While the aspirational answer is that you should major in something that you enjoy or are interested in, remember that you yourself or someone else is paying a lot of money for you to attend college, so make sure your degree can be put to use.

My toughest professional challenge: Playing a lead role in executing a $46 billion leveraged buyout of TXU Corp. in 2007.