Companies continue to embrace the back-to-basics strategy, and investors seem to think that it is paying off.
New Opportunities: Southern Company named Ronnie Labrato vice president, internal auditing, following the announced retirement of Jackie Collins , who has led the company’s internal auditing function since 2001. Labrato assumes the new post April 1. Also on April 1, all of human resources is combined under Marsha Johnson , senior vice president of human resources and chief diversity officer.
FirstEnergy’s board of directors elected Gary R. Leidich executive vice president and president of FirstEnergy Generation, and Richard R. Grigg executive vice president and president of FirstEnergy Utilities. The promotions were effective March 2, 2008. Also effective the same day: Mark T. Clark is executive vice president, strategic planning and operations; Leila L. Vespoli is executive vice president and general counsel; Thomas C. Navin is vice president, investment management; Dennis J. Fuster is vice president, project construction; and John E. Paganie is vice president, energy efficiency.
Exelon named Ian P. McLean to lead its finance and markets organization following the departure of executive vice president and CFO John Young in January 2008. McLean is also president of Exelon’s Power Team, which he will continue to oversee. Matthew F. Hilzinger is appointed senior vice president and CFO of Exelon. Other senior executive appointments: Ruth Ann M. Gillis is appointed executive vice president and continues as president of the Business Service Co.; William A. VonHoene Jr. is appointed executive vice president and continues as general counsel; Andrea L. Zopp is appointed executive vice president and continues as chief human resources officer.
New Jersey Resources (NJR) named Kathleen T. Ellis executive vice president and chief operating officer at New Jersey Natural Gas. Joseph P. Shields , senior vice president at NJR Energy Services (NJRES), also will become executive vice president and COO at NJRES. Mariellen Dugan , vice president and general counsel at NJR, was named a senior vice president and general counsel. Jay Buth , controller at NJR Service Corp., also will become a vice president.
NYISO announced that its board chair, Karen Antion , assumed the post of interim chief executive officer and that Robert A. Hiney , a board member, assumed the post of interim NYISO president, effective March 1, 2008. President and CEO Mark S. Lynch stepped down at the end of February 2008.
UniSource Energy named Philip J. Dion vice president of legal and environmental services effective March 1, 2008.
FPL Group announced that Armando Pimentel would become CFO, replacing Moray Dewhurst who stepped down at the end of March 2008.
Constellation Energy Partners appointed Stephen R. Brunner as COO.
American Electric Power named Mark C. McCullough senior vice president, fossil and hydro generation. He succeeds Bill Sigmon , who was named senior vice president, engineering, projects and field services on Nov. 1, 2007.
Questar promoted Charles B. Stanley to COO effective March 1, 2008. The company also announced Alan K. Allred , president and CEO of utility subsidiary, Questar Gas, will retire later this year. Effective March 1, 2008, Ronald W. Jibson was promoted to executive vice president of Questar Gas and senior vice president of Questar Corp.