JANICE CARTER – Chief Executive Officer

Janice Carter is co-founder of Panda Energy International, a privately held energy company that constructs, maintains, operates and invests in high efficiency power generation facilities and energy infrastructure. Mrs. Carter started the company, along with her husband, Robert Carter, in 1982 to capitalize on investment opportunities identified in the 1978 Public Utility Regulatory Policies Act (PURPA).

As President and Chief Executive Officer (CEO) of Panda Energy, Mrs. Carter retains management responsibility for all aspects of the business and reports to the Board of Directors. Mrs. Carter has a proven executive management track record and over 30 years of experience driving growth in the energy sector. During her tenure, Mrs. Carter’s core responsibilities included overseeing domestic and global operations (Katmandu, Beijing, Mexico City, Rio De Janeiro, Tegucigalpa), administrative functions, business continuity and planning, systemized reporting compliance, human resources, as well as the design and implementation of sales and marketing strategies. Before joining Panda Energy, Mrs. Carter was Executive Vice President of Carter Oil & Gas Inc. and served on the Board of Directors. Previously, Mrs. Carter was Executive Assistant to the President of Otis Engineering, a division of Halliburton.

Mrs. Carter and Robert live in Dallas and have two children, five grandchildren and two rescued poodles. Each remain active in their philanthropic efforts, including serving on the Board of Directors for the “I Have A Dream Foundation”, a charitable organization that empowers children in low-income communities to pursue higher education by providing long-term, comprehensive skills training and guaranteed tuition support.



SALWA W. NICOLAS – Controller

Salwa Nicolas joined Panda Energy in October, 2006 and currently holds the position of Controller/Chief Financial Officer where she is responsible for oversight of the finance, accounting, treasury and internal/external audit process.  Before joining Panda Mrs. Nicolas was a Controller for Telpar, Inc a subsidiary of R. R. Donnelly for almost 10 years.   Her major role in the areas of Accounting & Finance, Management and Business Restructuring, Merger/Acquisition Integration, Administration and Operations lead to improve the company bottom line profitability.  On top of her various finance and management roles, Mrs. Nicolas obtained the Lead Auditor Certification that allowed her company to become an ISO 9001 Certified. Also, she was a major contributor in the implementation of Sarbanes–Oxley compliance.

Mrs. Nicolas received her Bachelor degree in Accounting and Finance from the Lebanese University in Beirut – Lebanon and a Master of Science in Accounting from The University of Texas in Dallas and is a licensed Certified Public Accountant “CPA” in the state of Texas.  Mrs. Nicolas has more than 18 years experience in the in corporate accounting, finance, manufacturing, and distribution in the Service and Energy industries.