OGE Energy chairman and CEO Pete Delaney stepped down from the CEO position to become the interim CEO of Enable Midstream Partners. In response, OGE named current president Sean Trauschke, as CEO. PJM Interconnection elected Terry Blackwell to the PJM board. Chesapeake Utilities appointed John R. Schimkaitis to serve as chairman of the board. Paul D. Koonce adds the role of president-Dominion Virginia Power to his responsibilities. And others...
El Paso Electric named Mary Kipp president; Edison International appointed Ronald L. Litzinger and Pedro J. Pizarro presidents at subsidiaries; OGE Energy promoted Sean Trauschke to president; Alan Oshima was named Hawaiian Electric’s president and CEO; Plus board of directors changes at ISO New England and sPower; VP appointments at GDF SUEZ Energy Resources NA, and Georgia Power; and others…
The dash to gas brings volatility in shareholder performance.
Fortnightly’s 2013 ranking of shareholder value performance shows substantial changes, with gas prices weighing on some utilities and elevating others.