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Tellurian names ex-ETP exec president of pipeline network; CSX CEO dies

S&P Global Market Intelligence presents a weekly rundown of recent executive management, board and regulatory changes in the energy industry. The moves are listed by sector in reverse chronological order.


* Kevin Marsh has resigned as chairman and director of SCANA Corp.'s board, effective Dec. 31. Marsh, who also serves as CEO, announced Oct. 31 that he plans to retire at the end of the year from his chief executive position. The announcement followed calls by state lawmakers for Marsh's resignation in the wake of the failed multibillion-dollar V.C. Summer nuclear plant expansion.

* Cleco Corporate Holdings LLC named William Fontenot as new CEO of the company and its subsidiaries, including Cleco Power LLC, effective Jan. 1, 2018. Fontenot, who also will join the company's board of managers, will succeed interim CEO Peggy Scott, who will resign from the interim CEO position, effective Dec. 31, but will continue to serve as chairman of the board of managers.

* Robert Shapard on Dec. 20 announced his plan to retire as CEO of Oncor Electric Delivery Co. LLC, but he intends to remain on the company's board and assume the chairman role following the completion of the Texas transmission and distribution utility's acquisition by Sempra Energy. E. Allen Nye Jr. will succeed Shapard as CEO. Further, the Oncor board elected Don Clevenger as senior vice president and CFO, replacing David Davis who was named executive vice president. These changes are also effective upon the closing of the Sempra transaction.

* FirstEnergy Nuclear Operating Co., a unit of FirstEnergy Corp., promoted Barry Blair to general plant manager of the Davis-Besse nuclear power station in Ohio. Blair succeeds David Imlay, who is retiring after 30 years with the company.

* Sunworks, Inc. has reduced the size of its board of directors from eight to five. The three directors who resigned — Abe Emard, Brigham Tomco and John Van Slooten will continue in other roles at the company.

* The GridWise Alliance announced seven new and returning members to its board, five of whom are newly appointed. The new directors are Joe Kelliher, Lee Krevat, Dan Pfeiffer, Gil Quiniones and Calvin Butler Jr. as vice chair. Butler replaces Terry Oliver who announced his retirement earlier this year.

* SNC-Lavalin Group Inc. appointed Kevin Lynch as chairman of its board, effective Jan. 1, 2018. Lynch will replace Lawrence Stevenson, who announced his retirement from the board at the annual shareholders meeting, after serving on the board since 1999.

* The board of Otter Tail Corp. named Jennifer Smestad vice president, general counsel and corporate secretary, effective Jan. 1, 2018.

* BWX Technologies Executive Chairman John Fees will transition to a nonexecutive chairman role, effective May 4, 2018.

* Duke Energy Corp. appointed Robert Davis to its board of directors, effective Jan. 8, 2018. Davis will serve on the board's audit, and finance and risk management committees. Davis is CFO and executive vice president of global services at healthcare company Merck & Co. Inc.

* Germany-based innogy SE named Erhard Schipporeit successor to Werner Brandt as chairman of innogy SE supervisory board, effective Jan. 1, 2018, or from the actual date of appointment by the court if later than Jan. 1, 2018. The required application has been submitted to the court. Brandt has resigned from his post, effective Dec. 31.

Midstream/gas utility

* Northwest Natural Gas Co. announced Dec. 21 that Senior Vice President of Utility Operations Grant Yoshihara plans to retire from the position by the end of March 2018. Kimberly Heiting will take over as the company's senior vice president of operations, effective Jan. 1, 2018. To ensure a smooth transition, Heiting will work closely with Yoshihara until he steps down.

* PDC Energy Inc.'s board named Christina Ibrahim as a class II director, effective Jan. 1, 2018. The board has determined not to appoint Ibrahim to any committees at this time. Ibrahim has served as an executive at Halliburton Co.

* Alliance Pipeline Ltd. President and CEO Terrance Kutryk parted ways with the company, effective Dec. 13. Jason Wiun from Pembina Pipeline Corp. and Mark Fiedorek from Enbridge Inc. will act as co-presidents on an interim basis.

* First Reserve has promoted four senior investment professionals, effective Jan. 1, 2018. The company promoted Brooks Shughart and Edward Bialas to managing director, while Jesse Krynak and David McFarland were promoted to director.

* Tellurian Inc. said Joey Mahmoud, former executive vice president of Energy Transfer Partners LP, will lead the development of the proposed projects as the president of Tellurian's pipeline network.


* Coal producer Armstrong Energy Inc., which filed for Chapter 11 bankruptcy reorganization Nov. 1, notified Missouri officials that it will close its headquarters in St. Louis on Feb. 14, 2018, and lay off the eight people working there. The affected employees include Armstrong's president and CEO, Martin Wilson; Executive Chairman J. Hord Armstrong III; two vice presidents; two directors; and other staff.

* Natural Resource Partners LP announced the retirement of two members from the board of directors of its general partner. Robert Blakely and Robert Karn III retired Dec. 19 from GP Natural Resource Partners LLC's board of directors, effective Dec. 31, in keeping with NRP's corporate governance guidelines barring a director from being nominated to a new term on the board if he or she would be older than 75 at the time of the election.

* One day after announcing that CEO Hunter Harrison would take medical leave for an unspecified illness, CSX Corp confirmed Dec. 16 that Harrison has died. Hired in March to turn around the flagging railway giant, Harrison was 73.