NRG Creates New Leadership Position, Head of Competitive Markets and Policy
Also Names New Executive Vice President, NRG Business
April 1, 2022 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • email@example.com
The following story is brought free of charge to readers byEC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com
NRG Energy, Inc. disclosed that, as of April 1, 2022, Chris Moser, Executive Vice President, Operations of NRG Energy, Inc. (the 'Company'), transferred to a newly created leadership role with the Company as the Company’s Head of Competitive Markets and Policy.
"In this position, Mr. Moser will leverage his experience by promoting competitive markets and advancing the Company’s initiatives for customer choice in all states," NRG said
Prior to serving as EVP, Operations, Moser had served as Senior Vice President, Commercial Operations, where he was responsible for the optimization of NRG’s wholesale generation fleet.
Before joining NRG in April of 2008, Moser held positions of increasing responsibility in various regions at Dynegy Inc., including Managing Director, Midwest
Effective April 1, 2022, Robert Gaudette, Senior Vice President, NRG Business of the Company, was promoted to Executive Vice President, NRG Business, and will be responsible for all products and services the Company sells to commercial, industrial and other businesses, as well as oversight of the power and natural gas marketing and trading businesses.
Gaudette has been with the Company since December 2012, holding various SVP roles in origination and product development. Prior to joining NRG, Gaudette held SVP and VP positions at GenOn and Mirant, and had served as Chief Commercial Officer at GenOn
In an 8-K, NRG said, "Mr. Gaudette will receive a base salary increase of $27,835 resulting in an annual base salary of $580,000. Mr. Gaudette will participate in the Company’s Annual Incentive Plan with a target level of 100% of his base salary and a maximum level of 200% of his base salary. He will also participate in the Company’s Long-Term Incentive Plan valued at 250% of his base salary, which will consist of a combination of restricted stock units and relative performance stock units, or other design as determined by the Compensation Committee. In addition, Mr. Gaudette will continue to be a participant in the Company’s Executive Change in Control and General Severance Plan. There are no transactions between Mr. Gaudette and the Company that are required to be reported under Item 404(a) of Regulation S-K."