SVP Who Leads Retail Supplier To Take On Additional Responsibilities After Parent's Merger Completed
December 3, 2018 Email This Story Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • firstname.lastname@example.org
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CenterPoint Energy, Inc. has announced the executive team that will lead the combined company following the close of the pending merger with Vectren Corporation, which is expected in the first quarter of 2019.
Of note, Joseph (Joe) J. Vortherms, currently senior vice president of CenterPoint Energy Services, will lead the company's competitive businesses, including natural gas supply and sales, commercial development and marketing, and also Vectren's Miller Pipeline, Minnesota Limited and Energy Systems Group.
Vortherms will be a member of CenterPoint Energy, Inc.'s executive leadership team, reporting to CEO Scott Prochazka as of the close of the transaction.
As previously announced, at the closing of the merger CenterPoint Energy President and Chief Executive Officer Scott Prochazka will be appointed to the same role for the combined company. The combined company will be named CenterPoint Energy, headquartered in Houston
Additional leadership announced by CenterPoint Energy, Inc. include the following, who will be members of the company's executive leadership team, reporting to Prochazka as of the close of the transaction.
Tracy Bridge, currently CenterPoint Energy's executive vice president and president, Electric Division, will lead the company's Texas electric utility business. He will be responsible for electric transmission, distribution, electric engineering and power delivery solutions in the greater Houston area. Bridge will also oversee the company's technology operations and enterprise-wide safety and training programs.
Lynnae K. Wilson, currently Vectren's vice president, Energy Delivery, will lead the company's Indiana electric utility business. She will be responsible for power generation operations and construction, transmission and distribution operations, electric engineering, Midwest Independent System Operator (MISO) and wholesale power marketing, key account management, and integrated resource planning.
Scott E. Doyle, currently CenterPoint Energy's senior vice president, Natural Gas Distribution, will lead the company's natural gas utility business. He will be responsible for the company's eight-state natural gas operations utility footprint, natural gas supply, natural gas engineering, and operations support. In addition, Doyle will oversee the enterprise customer organization, including utility sales and marketing.
Dana O'Brien, currently CenterPoint Energy's senior vice president and general counsel, will lead the company's legal organization. She will be responsible for regulatory and government affairs, corporate and securities, litigation, audit, corporate responsibility, the corporate secretary role, and ethics, compliance and privacy.
Kenneth (Kenny) Mercado, currently CenterPoint Energy's integration officer, will serve as the company's integration lead.
The company also announced that William (Bill) D. Rogers, currently CenterPoint Energy's executive vice president and chief financial officer, plans to retire for personal and family reasons. He will remain in his current role through the first quarter of 2019
Until the close of the transaction, CenterPoint Energy and Vectren will operate as two separate companies under their current leadership structures.