(November 2008) Atmos Energy promoted Kim R. Cocklin to the new position of president and COO. Exelon Corp. named Christopher M. Crane president and COO. Public Service Enterprise Group elected Thomas P. Joyce as president and chief nuclear officer of PSEG Nuclear. Northeast Utilities (NU) announced new leadership for Yankee Gas Services Co. and Western Mass Electric Co. And others...
(September 2008) ISO New England selected Vamsi Chadalavada as senior vice president and COO. PG&E Corp. announced that Peter A. Darbee, chairman, CEO and president, will assume added duties of CEO and president of subsidiary Pacific Gas and Electric Co. Ontario Power Authority appointed Colin Andersen CEO. And others...
(September 2008) Shareholder value remains strong as the Big Build begins. Our fourth annual ranking shows healthy growth in earnings and share prices. But as capital spending grows, dividends are shrinking and equity returns are weakening. Regulatory relationships will separate future winners from losers.
Strategic transformation demands more than score-keeping skills.
Several of the industry’s top-performing companies have been guided by CFOs with an expansive sense of what the finance office should offer to the business. Increasingly CFOs are developing the skills and capabilities to move beyond the traditional role of traffic cop to the more valued roles of business partner and enabler.
FirstEnergy Corp. named Dennis L. Dabney its vice-president of human resources. Northeast Utilities announced Johnny D. Magwood as its first chief customer officer. AES appointed Ned Hall its executive vice president and president of its wind generation division. Intrepid Technology and Resources named Jack Haffey as its chief executive officer. And others...
New Models for Energy RD&D: A new ‘Clean Energy Institute’ could lead the industry’s war on climate change.
Clean-energy R&D needs better funding and leadership to meet aggressive greenhouse-gas emissions reduction targets. But how does the industry get there, and what management model best suits achieving such lofty goals? A new ‘clean-energy institute’ might be the answer.
Public companies face rising pressure to disclose climate-change risks.
Regulation of greenhouse-gas (GHG) emissions and other efforts to control these growing environmental concerns increasingly are impacting businesses, and investors are seeking more and better information on climate-change risks to make informed investment decisions.
Southern Company named Ronnie Labrato vice president, internal auditing. FirstEnergy’s board of directors elected Gary R. Leidich executive vice president and president of FirstEnergy Generation, and Richard R. Grigg executive vice president and president of FirstEnergy Utilities. Exelon named Ian P. McLean to lead its finance and markets organization. And others...
Discriminatory auctions promote strategic bidding and market manipulation.
Some advocates claim markets can help reduce electricity prices by changing the design of wholesale auctions. However, taking a pay-as-bid approach could make matters worse.
David L. Goodin became president of Montana-Dakota Utilities and Great Plains Natural Gas. ONEOK announced three new officer appointments. Duke Energy named Bruce H. Hamilton as vice president of McGuire Nuclear Station. PJM named W. Terry Boston its new president and CEO. And others...