New Opportunities: Dynegy appointed Robert C. Flexon, currently a Dynegy independent director, as president and CEO. Flexon will replace E. Hunter Harrison, who has served as interim president and CEO since April 2011. Harrison will be resuming his role as an independent director and will serve as non-executive chairman of Dynegy’s board of directors.
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Dynegy also named three former NRG executives to positions in corporate management. Carolyn J. Burke became executive vice president and chief administrative officer; she was global controller for J.P. Morgan’s global commodities business, and an executive with NRG before that. Kevin T. Howell, who retired last year as president of NRG Texas and president of Reliant Energy, became Dynegy’s executive vice president and chief operating officer. Clint C. Freeland, formerly an NRG senior vice president and CFO, became Dynegy’s executive vice president and CFO.
Sempra Energy named Debra L. Reed as CEO of the company and a new member of the company’s board. Reed has been executive v.p. of Sempra Energy since April 2010. Previously, she was president and CEO of San Diego Gas & Electric and Southern California Gas.