To better understand the performance of the electric utility sector from both a short-term and long-term perspective, we examined the total shareholder return (TSR)—dividends plus change in stock...
Herbert Tate , former president of the New Jersey Board of Public Utilities, has been hired by the Federal Energy Regulatory Commission (FERC), along with Joe Garcia, former chairman of the Florida Public Service Commission, to act as consultants to the Commission's administrative law judges. Tate will be advising on the formation of a Southeastern RTO, and Garcia will be involved in the formation of a Northeastern RTO.
Allegheny Energy Inc. recently announced several appointments. David G. Dougher has been named assistant controller. He joined Allegheny Energy in 1999. Peter J. Dailey was appointed vice president, corporate development. Dailey joined the company in 1991 as an attorney.
James J. Hoecker , immediate past chairman of the FERC, has been elected to serve as a director on the Allegheny Energy board of directors. Hoecker also has joined the Washington, D.C.-New York law firm of Swidler Berlin Shereff Friedman LLP as a partner in its energy group.
Nashville Electric Service project implementation manager Jim Purcell has been nominated for the 2001 Green Power Leadership Award, which is sponsored by the Center for Resource Solutions (CRS), the U.S. Department of Energy (DOE), and the U.S. Environmental Protection Agency (EPA). The award is given to recognize the actions of individuals and organizations that are significantly advancing the development of renewable electricity sources.
Beverly Monnet has been elected as vice president, controller, and chief accounting officer of ONEOK Inc. Monnet joined ONEOK in 1987 as a revenue accountant. Prior to joining ONEOK, she was with Southport Exploration Co.
Xcel Energy elected Wayne H. Brunetti as chairman, president, and CEO. Brunetti had been serving as president and CEO since the merger of Northern States Power Co. and New Century Energies, which created Xcel Energy in August 2000. Before assuming his current position, Brunetti was chairman, president, and CEI of New Century Energies. He also served as chairman and CEO of Public Service Company of Colorado, Southwestern Public Service Co., and Cheyenne Light, Fuel and Power Co.
R.B. Sloan , CEO of EnergyUnited electric cooperative in Statesville, NC, has been elected president of the National Rural Utilities Cooperative Finance Corp. (CFC). Sloan joined the board in 1996, and was recently elected president of the board and chairman of the executive committee.
The Electric Power Supply Association announced that Jack Cashin has joined as senior manager of policy. He comes from the Alliance of Energy Suppliers, a division of the Edison Electric Institute, where he was manager of energy supply policy. Andrea Spring also joined EPSA as a manager of government affairs. Spring was a government affairs consultant to the Electricity Consumers Resource Council (ELCON) before joining EPSA. Petra Smeltzer joined EPSA as manager of environmental policy. She served as the federal liaison to Republican Governor Bob Taft of Ohio prior to joining EPSA.
Carolyn W. Marsh has been promoted to senior vice president for corporate acquisitions for Calpine Corp. Marsh led Calpine's transaction team in acquiring Calgary-based Encal Energy. She was also involved in several other transactions for Calpine, including the acquisition of: SkyGen Energy, remaining interests in three