Panel Discussion With Four CFOs
Robert Hoglund is the chief financial officer of Consolidated Edison. Gretchen Holloway is the chief financial officer of ITC Holdings. Dan Cregg is the chief financial officer of PSEG. Bob Frenzel is the chief financial officer of Xcel Energy.
Each November, they gather, over a thousand of the financial community for investor-owned electric utilities. Arguably one of the most important conferences of the year, the Edison Electric Institute's annual financial conference, and most arguably one of the busiest.
Bankers, analysts, rating agencies, what have you, roam the hallways hungry for any and every chance to pepper the utility execs with queries on numbers and trends. By day two and certainly three, haggard execs seize spare minutes of respite from the now wearying inquisitions. They and we all know how much depends upon the steady support of the financial community, for the constant provision of service in the public interest, and so the utility execs do their duty cheerfully through the end.
Just before this grueling process got going, on a sunny Sunday in Orlando, the PUF team sat down with a roundtable of the CFOs. We had three questions for the distinguished group, the chief financial officers of Consolidated Edison, ITC Holdings, PSEG, and Xcel Energy. The chair of this year's financial conference, Duke Energy's CFO, couldn't shoehorn in the roundtable but sat down with us late Monday and took on those same three questions.