New Opportunities: Ben Fowke, chairman, president and CEO of Xcel Energy, was named to a committee composed of CEOs from the utility and nuclear industries that will receive regular briefings from the FBI, National Security Agency, Department of Energy, and Department of Homeland Security to begin cooperative efforts on cybersecurity issues.
(March 2013) NSTAR appoints new president; Southern Company names new financial management team; BPA gets new administrator; plus management changes at AEP, Duke, ITC, ConEdison, GDF Suez, ERCOT, MISO, NARUC, and others.
(February 2013) Duke makes executive changes post-merger; Integrys names new CFO, utility president; NRECA and RESA elect officers; Denise Bode resigns from AWEA; plus executive changes and appointments at PG&E, Sempra, Entergy, AEP, and others.
Sempra board names Debra Reed chairman; Entergy utilities and FENOC appoint new CEOs; Rep. Heath Shuler becomes Duke’s federal affairs v.p.; Dominion gets new CIO; NARUC names new officers; plus executive appointments at Constellation, ITC Holdings, Gas Technology Institute, and others.
(December 2012) Tennessee Valley Authority named William D. Johnson president and CEO. Northeast Utilities appointed James W. Hunt as v.p. of regulatory affairs and community relations. Pepco Holdings Inc. promoted Donna J. Kinzel to v.p., treasurer and chief risk officer, Kevin M. McGowan to v.p., regulatory affairs, and O. Ray Bourland to v.p., public policy. And others...
(November 2012) Westinghouse Electric names former Progress Energy Executive as president and CEO. FirstEnergy makes numerous executive changes and appointments; Pepco hires new general counsel; plus executive appointments and announcements at AEP, PPL, PG&E, ITC Holdings, Dominion, EPRI, SEIA, and others.
(October 2012) NU names new president and COO at Connecticut Light and Power; Jim Stanley leaves Duke to become NIPSCO CEO; plus executive changes at FirstEnergy, ConEdison, Southwest Power Pool, Duke-Progress Energy, EEI, and others.
The industry’s slow-and-steady pace of mergers seems to be picking up speed, as larger and well-positioned players overtake smaller and weaker targets. Realizing the greatest value from consolidation requires companies to assess their strengths and weaknesses and focus on performance improvement—both before and after a deal gets done.
James Rogers grabs CEO position at Duke-Progress; FirstEnergy promotes executives; JEA names Belechak CEO; ConEdison Solutions hires sales execs; Atlantic Power names new CFO; plus executive changes at Copano Energy, DTE, Entergy, and others.
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