Paul Joskow - Putnam Master Independent Trustee

Prof. Dr. Paul L. Joskow, Ph.D., is an Independent Trustee of Putnam Master Intermediate Income Trust. Dr. Joskow is an economist and President of the Alfred P. Sloan Foundation . He is the Elizabeth and James Killian Professor of Economics, Emeritus at the Massachusetts Institute of Technology, where he joined the faculty in 1972. Dr. Joskow was the Director of the Center for Energy and Environmental Policy Research at MIT from 1999 through 2007. Dr. Joskow serves as a Trustee of Yale University, as a Director of Exelon Corporation, and as a member of the Board of Overseers of the Boston Symphony Orchestra. Prior to April 2013, he served as Director of TransCanada Corporation and TransCanada Pipelines Ltd. . Prior to August 2007, he served as a Director of National Grid . Prior to July 2006, he served as President of the Yale University Council. Prior to February 2005, he served on the Board of the Whitehead Institute for Biomedical Research . Prior to February 2002, he was a Director of State Farm Indemnity Company, and prior to March 2000, he was a Director of New England Electric System . Dr. Joskow has published seven books and numerous articles on industrial organization, government regulation of industry, and competition policy. He is active in industry restructuring, environmental, energy, competition, and privatization policies having served as an advisor to governments and corporations worldwide