Carol Flaton was appointed to the Talen Energy Supply Board of Directors in November 2021. Ms. Flaton has over 30 years of experience in banking and finance, transformation and restructuring, and governance and risk management.

Since 2019 she has provided financial advisory services and served as an independent director for both public and private companies. Recent mandates include Speedcast International Ltd (ASX: SDA), EP Energy Corp. (NYSE: EPE) and Jupiter Resources, Inc. She also was nominated in 2020 by the Xerox Corporation (NYSE: XRX) as an Independent Director candidate for HP, Inc. (NYSE: HPQ) in a Material Shareholder Proposal.

From 2014 to 2019 Ms. Flaton was a managing director at AlixPartners (formerly known as Zolfo Cooper, LLC) specializing in restructuring and turnarounds. Prior to joining AlixPartners, she was a managing director in the restructuring practice of Lazard Freres (“Lazard”). At Lazard from 2008-2013, she advised debtors, creditors and equity holders engaged in restructurings, debt exchanges, 363 sales, acquisitions, refinancings and capital raises. Prior to Lazard, Ms. Flaton was a managing director at both Credit Suisse First Boston and Citi (1995- 2008) responsible for distressed positions in the banks’ portfolios as well as being a senior member of the risk management teams.

Ms. Flaton has a B.S.B.A. from the University of Delaware and an M.B.A. from IMD (International Institute of Management Development, Lausanne, Switzerland). She has held NASD Series 7 (registered rep) and Series 24 (managing principal) licenses.

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