Fortnightly Magazine - September 2005


New Opportunities:

The Consolidated Edison Inc. board of directors elected Kevin Burke as a member. In May, it was announced that Burke, currently president and COO of Consolidated Edison Co. of New York, would succeed Eugene McGrath as CEO. McGrath will continue to serve as chairman of the board. Also at the company, Robert Hoglund, 43, senior vice president of finance, will become senior vice president and CFO. Joan Freilich will become vice chairman of the company. Freilich has served as CFO since 1996 and as a member of the board of directors since 1997. Lou Rana will succeed Burke as president and COO of Consolidated Edison Co. of New York. Rana currently serves as senior vice president of Electric Operations.

Great River Energy named Greg Ridderbusch vice president, business development and strategy. Ridderbusch has been a consultant with MCR Consulting/Chicago and supported Great River Energy on its strategic planning process for the past three years. Kandace Olsen was promoted to vice president of communications and human resources. Rick Lancaster was named vice president. Eric Olsen will join Great River Energy as vice president and general counsel. Olsen, an attorney with Moss & Barnett, has worked with Great River Energy for several years. And Jon Brekke will join Great River Energy as vice president, member services. Brekke has been vice president, finance and planning, for Minnesota Valley Electric Cooperative.

D. Dwight Scott, executive vice president and CFO of El Paso Corp., announced his intention to leave the company. Scott is joining GSO Capital Partners LP. He stayed with El Paso through the filing of its second quarter Form 10-Qs. Scott is being replaced by D. Mark Leland, who is currently executive vice president and CFO of El Paso's production and non-regulated operations.

Millennium Pipeline named Dick Leehr as president. Leehr will oversee execution of Millennium's phased development strategy for bringing much-needed new supplies of natural gas to New York and the U.S. Northeast.

Edison International announced that J.A. (Lon) Bouknight Jr., 61, has been elected as the company's executive vice president and general counsel, succeeding Bryant C. Danner, who recently retired. Bouknight will report to Edison International Chairman John Bryson. His appointment was effective July 29, 2005. Bouknight joined Edison International after 11 years as a partner in the Washington, D.C., office of Steptoe & Johnson LLP.

The El Paso Electric Board of Directors appointed Andy Ramirez to serve as vice president of Safety, Environmental, and Resource Planning. Most recently, Ramirez served as executive director of Gulf Region Operations for Sempra Energy.

PNM Resources Chairman, President and CEO Jeff Sterba has been elected second vice chairman of the Edison Electric Institute. Sterba has served as the chairman, president, and CEO of PNM Resources since 2000.

New Jersey Resources announced the election of the Reverend M. William Howard to its board of directors. Howard is pastor of Bethany Baptist Church in Newark.


Exelon Corp. announced that Pamela B. Strobel, 52, executive vice president and chief administrative officer of Exelon and president of its Business Services Company, would retire from the company effective Oct. 1, 2005.


The National Association of Corporate Directors chose E. William (Bill) Barnett, lead director at Reliant Energy, as the Director of the Year for 2005.