trending Market Intelligence /marketintelligence/en/news-insights/trending/cQQgNFXE9cpvouRkd7z6Og2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Cleco announces key management changes following deal approval

Essential Energy Insights - September, 2020

Bull market leaves US utilities behind in August

Rate case activity slips, COVID-19 proceedings remain at the forefront in August

Utilities, midstream reckon with energy transformation on the horizon

Cleco announces key management changes following deal approval

Days after Louisianaregulators approved the purchase of ClecoCorp. by a -ledinvestor group, Cleco and its ClecoPower LLC subsidiary announced several management changes that willtake effect on or about the completion of the $4.7 billion transaction, according to a Form 8-K filed April1.

Cleco PowerPresident Darren Olagues willreplace Bruce Williamson as CEO and president of Cleco Corp. Williamson will alsoleave the CEO position at Cleco Power and will no longer serve on Cleco's board.

In connection with the move, Williamson on March 29 entered into an agreement to reduce by $1.5 million any cash benefit payableto him under a certain executiveemployment agreement.

The followingexecutives will also terminate their employment with Cleco: Thomas Miller as seniorvice president, CFO and treasurer; Wade Hoefling as senior vice president, generalcounsel and director of regulatory compliance; and Judy Miller as senior vice presidentof corporate services and information technology. The executives agreed toreduce any change in control severance payable to themby $500,000 upon completionof the merger.

Meanwhile, Terry Taylor will become interim CFO of the companyand will retain her role as controller and chief accounting officer. Anthony Bunting — currently vice president of transmissionand distributionoperationsof Cleco Power — will be appointed senior vice president of corporate services and information technology.

Julia Callis — currentlyassociate general counsel and corporate secretary — will become senior vice president, general counsel and chief compliance officer. Keith Crump — currentlysenior vice president of commercial operations of Cleco Power— will become senior vice president and chief commercial officer. William Fontenot — currentlysenior vice president of utility operations of Cleco Power — will becomesenior vice president and COO of thecompany.