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Santee Cooper names interim CEO; Pembina appoints 3 new directors

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Santee Cooper names interim CEO; Pembina appoints 3 new directors

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.

Power

* WEC Energy Group Inc.'s board of directors on Oct. 12 appointed Gale Klappa to serve as interim CEO after current CEO Allen Leverett had an apparent stroke. Klappa will fill the position until Leverett recovers from his illness. Klappa is nonexecutive chairman of the WEC Energy board, a position he took after retiring as the company's CEO in 2016.

* John Weber notified Enphase Energy Inc's board of directors that he will not stand for re-election as class 3 director at the next shareholders' annual meeting, scheduled in 2018. Weber disclosed his decision so the board can begin looking for additional members.

* Trevor Hastings has been appointed president and CEO of WBI Holdings Inc., effective Oct. 16. Hastings most recently served as vice president of business development and operations support at Knife River Corp.

* SPI Energy Co., Ltd. said Oct. 11 that its director, Roger Dejun Ye, resigned from the company, effective Oct. 9.

* The board of AES Corp. on Oct. 6 appointed Margaret Tigre as senior vice president of finance and chief tax officer and Sarah Blake as vice president and controller. The appointments are effective Nov. 2.

* On Oct. 6, the board of Santee Cooper, known legally as the South Carolina Public Service Authority, appointed James Brogdon Jr. as interim president and CEO. The board has been seeking a replacement for President and CEO Lonnie Carter, who announced his retirement Aug. 25 in the wake of a decision to stop work on two multibillion-dollar nuclear reactors in Fairfield County, S.C. An effective date for when Brogdon will take over the helm has not yet been determined. Carter will continue to serve as president and CEO until such time. The board also promoted Marc Tye, Santee Cooper's executive vice president of competitive markets and generation, to the position of COO.

Midstream/gas utility

* Pembina Pipeline Corp. elected Maureen Howe, Henry Sykes and Doug Arnell as new members of its board of directors, effective Oct. 2. Howe previously served as a managing director at RBC Capital Markets in equity research, where she focused on energy infrastructure. Sykes was the president and a director at Canadian energy company MGM Energy Corp. Arnell is the president and CEO of Helm Energy Advisors Inc., a private company providing advisory services to the global energy sector, and was previously the CEO of Golar LNG Ltd.

* Atmos Energy Corp. on Oct. 11 said Jennifer Hills will succeed Susan Giles as vice president of investor relations, effective Nov. 1. Giles is retiring after 15 years as the investor relations officer for the company.

* The EnLink Midstream companies EnLink Midstream LLC and EnLink Midstream Partners LP on Oct. 9 named Cynthia Jaggi the senior vice president of strategic process transformation, a new team within the company created to lead and enhance its business performance.

Coal

* Peabody Energy Corp. named Scott Jarboe as senior vice president and general counsel-corporate Oct. 12. He will report to Verona Dorch, executive vice president, corporate secretary and chief legal officer for government affairs. Jarboe joined Peabody in 2010 and had previously served as vice president and general counsel for corporate and capital markets.

Regulatory

* Stanford University economist John Taylor was interviewed for a possible nomination to be the next chair of the Federal Reserve, The Wall Street Journal reported, citing "a White House official." Taylor met with President Donald Trump, Vice President Mike Pence and Treasury Secretary Steven Mnuchin on Oct. 11, the report stated. The Taylor rule, a guideline on how and when to adjust monetary policy, bears his name. At the end of September, Trump said he will name a nominee in the coming weeks.