David Crane Steps Down as CEO of NRG; Successor Named

NRG Energy announced today that David Crane is stepping down as President and Chief Executive Officer of NRG, effective immediately.

Crane had served as CEO since 2003.

Replacing Crane will be Mauricio Gutierrez, who will be President and Chief Executive Officer and it is expected that Gutierrez will be appointed as a Director of NRG. Gutierrez has served as Executive Vice President and Chief Operating Officer since July 2010 and has been with the Company in various roles since August 2004.

Crane will assist in the CEO transition through the end of the year, NRG said