S&P Global Market Intelligence presents aweekly rundown of recent executive management, board and regulatory changes inthe energy industry. The moves are listed by sector in reverse chronologicalorder.
shareholderselected ninedirectors during the April 22 annual meeting, the company said April 26. Theelected directors were Donald Lowry,Philip Lachambre, Albrecht Bellstedt, Margaret Mulligan, Doyle Beneby, Brian Vaasjo,Patrick Daniel, Jill Gardiner and KellyHuntington.
on April 26 said it appointedLonni Dieck as senior vice presidentand treasurer. Dieck — currently AEP's senior vice president for corporateplanning and budgeting — will replace JulieSloat, who was recently namedpresident and COO of AEP Ohio. Meanwhile,Oliver Sever will replace Dieck as senior vice president of corporate planningand budgeting. Sever currently serves as managing director of financialforecasting for AEP. The changes are effective May 2. The two will report to Brian Tierney, executive vice presidentand CFO of AEP.
Theshareholders of American Electric Power Co. Inc., during their April 26 annualmeeting, re-elected NicholasAkins, David Anderson, J. Barnie Beasley Jr., Ralph Crosby Jr., Linda Goodspeed, ThomasHoaglin, Sandra Beach Lin, Richard Notebaert, Lionel Nowell III, StephenRasmussen, Oliver Richard IIIand Sara Martinez Tucker to the board.
stockholderselected sevendirectors during their annual meeting, the company said in a Form 8-K filedApril 26. Each of Stephen Adik, Dorothy Bradley, E. Linn Draper Jr., DanaDykhouse, Jan Horsfall, Julia Johnson and Robert Rowe will serve on the board for a one-year term expiring atthe 2017 annual meeting. NorthWestern does business as NorthWestern Energy.
Brian Iverson has replacedSteven Helmers as senior vicepresident and general counsel of BlackHills Corp., effective April 25. Helmers will retire at the end ofJune after serving the company for more than 15 years, according to a newsrelease. He will provide transition support until his retirement to ensure asmooth succession. Iverson will continue to be responsible for Black Hills'regulatory, governmental affairs and communications areas, which he assumed inNovember 2014 when he was named senior vice president of regulatory and governmentalaffairs and assistant general counsel. He will directly report to Chairman andCEO David Emery. Black Hills also appointed Jennifer Landis as vice president of human resources. Landis willreport to Bob Myers, senior vicepresident and chief human resources officer.
on April 25said it appointed Ken Novak as vice president for itssoutheast division. Novak will be succeeded by Patrick Murphy, who most recently served as manager within the samedepartment. Alabama Power is a SouthernCo. subsidiary.
shareholders elected11 directors at the company's annual meeting, according to a Form 8-K filedApril 25. Each of Willie Deese, Albert Gamper Jr., William Hickey, Ralph Izzo,Shirley Ann Jackson, David Lilley, Thomas Renyi, Hak Cheol Shin,Richard Swift, Susan Tomasky and Alfred Zollarwill serve as directors for a one-year term expiring in 2017.
Peter Blackmore has been tasked to lead TerraFormPower Inc. and TerraFormGlobal Inc. as CEO on an interim basis. The move follows theresignation of Brian Wuebbels as president and CEO atthe SunEdison Inc.yieldcos toward the end of March. At the time of Wuebbels' resignation, anoffice of the chairman headed by Blackmore had been established to lead thecompanies. The office has been abolished and Blackmore has been confirmed andratified as chairman of the companies, according to Form 8-Ks filed April 25.Blackmore has also stepped down from the companies' Corporate Governance andConflicts Committee and now has all the powers, authority and duties tied tothe office of president and CEO. HanifDahya has been designated a member of the said committee while Jack Jenkins-Stark has been appointedits chairman.
said Lou Peoples to the company'sboard. NorthWestern will reduce the size of its board by one as a result. "Louis dealing with cancer. We'll very much miss him," company President andCEO Bob Rowe said.
AvangridInc. andAvangrid Service Co. enteredinto an employment agreement with current CEO James Torgerson, effectively terminating a prior contract betweenTorgerson and UIL Holdings Corp.,according to a Form 8-K filed April 22. Under the new agreement, Torgerson willcontinue to serve as CEO of Avangrid, a subsidiary of .
promoted David Vahos to take on additionalresponsibility as senior vice president while maintaining his position as CFOand treasurer of the company. The ExelonCorp. subsidiary made the announcement April 22 and said it hadalso appointed Derrick Dickens asits vice president of technical services; AndrewHolmes as vice president and controller; and Michael Menendez as vice president of information technology.
shareholderselected fourdirectors during the company's annual meeting, according to a Form 8-K filedApril 22. Lisa Crutchfield, Edward Godfrey, Eben Moulton and DavidWhiteley will each serve three-year terms as directors.
shareholderselected 10 directorsat the company's annual meeting, according to a Form 8-K filed April 22. Andrés Gluski, Charles Harrington, KristinaJohnson, Tarun Khanna, Holly Koeppel, Philip Lader, James Miller,John Morse Jr., Moisés Naím and CharlesRossotti will each serve as director for a one-year term expiring at the2017 annual meeting.
shareholderselected 10 directorsto the company's board during their annual meeting, the company said April 21. Catherine Best, Victoria Calvert, DavidCornhill, Allan Edgeworth, Hugh Fergusson, Daryl Gilbert, RobertHodgins, Phillip Knoll, David Mackie and M. Neil McCrank will each serve on the board for a term ending atthe next annual meeting.
Privateequity firm Pegasus CapitalAdvisors L.P. has hiredformer NRG Energy Inc.president and CEO and power industry veteran David Crane as senior operating executive. Crane left NRG abruptlyin December 2015 following months of stock price declines amid efforts totransition the fossil fuel-heavy merchant generator to other businesses,including renewable energy and distributed generation. NRG executives lateroutlined plans to pare debt and refocus the company's efforts on its key powergeneration and retail businesses, a decision that was welcomed by stock andbondholders alike.
hasappointed Jianyi Zhang as senior vice president,general counsel and chief compliance officer, according to a Form 6-K filedApril 22. Zhang most recently served as senior adviser to Chinese law firms ofJingtian & Gongcheng Law Firm, Runbo Law Firm, East Associates Law Firm andEast & Concord Partners in Beijing.
's president, CEOand board chairman intends toretire when the company's plannedmerger with DominionResources Inc. is completed. RonaldJibson has served as president and CEO since July 2010 and chairman sinceJuly 2012. Questar Gas Co.President Craig Wagstaff will becomepresident of the new Dominion Questar upon completion of the planned merger,Questar said in an April 27 announcement. Wagstaff will be in charge of allcurrent Questar operating companies, including the Questar Gas local utility,Questar Pipeline Co.and the Wexpro Co.natural gas development business. Wagstaff will also be senior vice presidentof Dominion. He will report to DavidChristian, CEO of Dominion Energy Infrastructure Group and DominionVirginia Power.
Inaddition, Colleen Larkin Bell hasbeen appointed as Dominion Questar vice president and general manager ofDominion Questar Gas, while BradyRasmussen will serve as Dominion Questar vice president and general managerof Dominion Wexpro. Both will report to Wagstaff. Bell is vice president andgeneral counsel at Questar and Rasmussen is executive vice president and COO ofWexpro.
's boardof directors intends to electindependent director Catherine Kehras chairman of the board, following the annual meeting of shareholders May 17.Once elected, Kehr would replace SteveMueller who is retiring in May, according to the company's April 25 newsrelease. Kehr has served as director since 2011, as presiding director since2014, as well as chairman of the board's nominating and governance committee,and on its audit committee.
LPsaid that James Tompkins, director ofRhino GP LLC, the general partner of the partnership, has announced hisresignation from theboard of directors of Rhino's general partner, effective April 22. Tompkins'decision to resign from the board was not the result of any disagreement withthe partnership, according to a Form 8-K filed April 28.
said April 27that Executive Chairman Qinfu Zhangwas appointed chairman of its Arckaringacoal joint venture company, ArckaringaCoal Chemical Joint Venture Co. Pty. Ltd., in the joint venture'sfirst shareholder and board meeting. YueqinYin, chairman of joint venture partner Sino-Aus Energy Group (Hong Kong),will be CEO. Altona nonexecutive director PhilSutherland, Sino-Aus Energy Group (Hong Kong) director Guang Chen and joint venture partner director Jiahong Zhang were also added to thejoint venture's board as directors.