HomeDecember 2, 2013
Parent of Retail Supplier Names New CEO
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Genie Energy Ltd., the parent of IDT Energy, announced that its Board of Directors has appointed Chairman Howard Jonas to assume the additional role of Chief Executive Officer effective January 1, 2014.
Jonas has served as Genie's Chairman since it was spun off from IDT Corporation in 2011. Jonas currently serves as CEO of IDT Corporation, but Jonas will be stepping down as IDT Corporation CEO upon the expiration of his current employment agreement on December 31, 2013.
Claude Pupkin, Genie's current CEO, will remain at Genie and continue to serve as President of Genie's American Shale Oil subsidiary and Senior Vice President of Business Development.
Geoff Rochwarger will remain as Genie's Vice Chairman and CEO of its IDT Energy subsidiary.
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