New Opportunities:
Fortnightly Magazine - July 2004


New Opportunities:

Stephan T. Haynes, who has been American Electric Power's vice president of risk oversight since January 2002, was named vice president of corporate finance for the company.

Kay G. Priestly was named Entergy Corp.'s vice president of financial issues management. Priestly earlier was managing partner at Arthur Andersen.

Mary Frances Cox is the new vice president of operations at Schneider Electric North American operating division. She makes the move from the parent company, where she was vice president of manufacturing operations.

Foster Wheeler Energy Limited named Stephen J. Davies its chairman and CEO, succeeding the retiring Ian Bill. Davies has been with the company 27 years, most recently as managing director, global sales.

Verano named Dan Davis vice president of worldwide sales. He comes to Verano from ABB, where he was vice president of sales and strategic marketing.

David M. Blank moved up at FirstEnergy Corp. The former director of rates and regulatory affairs was promoted to vice president of the same unit at the company.

Dynegy appointed Holli C. Nichols senior vice president and treasurer, and Terry A. Hart senior vice president and controller of the company. Nichols and Hart have been with Dynegy since 2000.

El Paso Corp. named Eric L. Harry senior vice president and general counsel of production and non-regulated operations. He was most recently vice president and associate general counsel for Apache Corp.

Commonwealth Energy Corp. appointed Peter Weigand president and Richard Boughrum senior vice president and CFO of the company. Weigand was most recently with energy consultancy Skipping Stone Inc., which merged with Commonwealth and remains a wholly owned subsidiary of Commonwealth Energy. Boughrum comes to Commonwealth from the Energy & Power Group of Goldman Sachs.

The Michigan Public Service Commission appointed Susan Crimmins Devon director of its regulated energy division. Devon has been with the commission since 1978.


John Bennett retired as CEO of Advantica; Ron Chapman succeeded him.

New York Independent System Operator (NY-ISO) President and CEO, William J. Museler, said he would retire next spring. Museler joined NY-ISO after serving as executive vice president of TVA.

Shuffle Board:

The EPRI-related Electricity Innovation Institute named three new board members: Robert Fri, Karen Knutson, and Erle Nye. Fri most recently was director of Resources for the Future. Knutson worked on the National Energy Policy Development Group. Nye is chairman of TXU Corp.

The Pepco Holdings Inc. (PHI) board of directors elected Dennis R. Wraase chairman of the board, succeeding John M. Derrick. Also elected to the PHI board: Jack B. Dunn, chairman and CEO of FTI Consulting Inc.; Frank K. Ross, formerly with KPMG LLP; and William T. Torgerson, vice president and general counsel, PHI.

Progress Energy CEO Bob McGehee replaced Bob Cavanaugh as chairman of the company's board of directors. McGehee became CEO of Progress on March 1 of this year.

El Paso Corp. named Thomas R. Hix and William H. Joyce to its board of directors. Hix is CFO of Cooper Cameron Corp., and Joyce is chairman and CEO of Nalco Co.


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