DALLAS, June 1 /PRNewswire-FirstCall/ -- In the first action following the completion of his 90-day review of the company, John Wilder, TXU president and chief executive, announced the leadership organization for the company's restructured core businesses, TXU Electric Delivery, TXU Power, and TXU Energy, as well as the three key corporate groups of finance; legal/regulatory; and planning, strategy and risk.
Wilder and his six senior officers named TXU's leaders. The new leadership structure is consistent with Wilder's objective to create a lean organization that responds well to the current energy market.
"I am delighted today to introduce our new leadership organization. Since joining TXU, I've spent a lot of time reviewing the wealth of management talent here. I knew coming in that TXU had some of the best people in the industry," said Wilder. "But, even I was surprised by the depth of ability and how much of our upper management would come from inside TXU. I am absolutely convinced the individuals being named today are the right people to help us capture the potential for our core businesses and reach industry leadership."
Reporting to Tom Baker, chairman and chief executive, TXU Electric Delivery, are:
Rob Trimble, president and chief operating officer, who will oversee operations of TXU's transmission and distribution network. Trimble, who joined TXU in 1972, was previously president of the Oncor electric delivery organization.
Jim Greer, vice president of asset management and engineering, who was previously director of electric asset management at Oncor.
Brenda Jackson, senior vice president for customer and community, who has been with TXU for 31 years. Previously, Jackson was senior vice president of electric asset ownership for Oncor.
Susan Atteridge, senior vice president of communications, who continues as the company's chief communications officer.
Reporting to Mike Greene, chairman and chief executive, TXU Power, are:
Mike Blevins, senior vice president, nuclear, who joined TXU in 1969 and previously served as senior vice president and principal nuclear officer for TXU Energy.
Richard Wistrand, senior vice president of fossil operations, who has 31 years of service at TXU and has held numerous engineering and management positions in the company. He was previously senior vice president of fossil production at TXU Energy.
Mike McCall, who has been named senior vice president of environmental, fuels, and safety, including TXU's mining operation. He will continue to perform his duties as president of TXU Gas until the company is sold.
Ric Federwisch, senior vice president, strategic sourcing and TXU operating system, who leads a new group that will purchase major equipment in the most strategic, cost-efficient way. Federwisch joined TXU in 1974. He was previously vice president of procurement and administrative services at TXU.
Dan Farell, senior vice president, who will manage the Capgemini joint venture relationship. TXU holds a 3 percent ownership stake in Capgemini Energy, a company providing business and technology services to TXU and, ultimately, to the utility industry. Farell joined TXU in 1972.
Reporting to Paul O'Malley, chairman and chief executive of TXU Energy, are:
Kevin Bohn, senior vice president of commercial and industrial sales and non-Price to Beat customers. Bohn was previously vice president/general manager of TXU Energy and has extensive finance and strategy experience.
Brian Tulloh, who has been named vice president of segmentation and analytics. He previously led TXU Energy's strategy group.
Mike Guyton, vice president of customer service for TXU Energy, who was vice president of gas asset services for TXU Gas.
Dung Tran, previously with the TXU Energy strategy group, who is the new vice president of commercial operations.
Reporting to Eric Peterson, executive vice president of legal and regulatory, are:
Bill Moore, vice president of regulatory law. Moore, who joined TXU this year as vice president and associate general counsel of regulatory and public policy, had previous experience practicing regulated industries law.
Curt Seidlits, senior vice president, government affairs. He continues to lead the government affairs area for TXU.
Paul Plunkett, senior vice president, regulatory affairs. He continues to oversee all U.S. electric and natural gas regulatory initiatives.
Saf Joshi, vice president commercial law. Joshi joined TXU this year as vice president and associate general counsel of corporate and securities. His prior experience also was in general corporate and securities law.
David Poole, senior vice president of litigation and employment law. Poole joined TXU this year as vice president and associate general counsel of litigation and labor and employment. His previous law career focused on a broad range of litigation areas.
Pete Tinkham has retired from his position as secretary and assistant treasurer of TXU effective today. Diane Kubin will serve as secretary in the interim.
Reporting to Kirk Oliver, executive vice president and chief financial officer, are:
Scott Longhurst, senior vice president and group controller, who was previously senior vice president and principal financial officer of Oncor.
Tony Horton, senior vice president and treasurer. Previously, he was director of finance and assistant treasurer of TXU Energy.
Reporting to David Campbell, executive vice president of planning, strategy and risk, are:
Tim Hogan, director of investor relations, who will remain in the same role.
Jeff Agee, vice president of planning, who previously was director of planning for TXU Energy.
Manu Asthana, vice president of enterprise and commodity risk, who previously worked in the TXU Energy portfolio management group.
These appointments are subject to confirmation by the appropriate governing bodies of TXU and its subsidiary companies. These approvals are expected to be completed within the next few weeks.
TXU, a Dallas-based energy company, manages a portfolio of competitive and regulated energy businesses in North America, primarily in Texas. In TXU's unregulated business, TXU Energy provides electricity and related services to more than 2.6 million competitive electricity customers in Texas, more customers than any other retail electric provider in the state. TXU Power owns and operates 18,500 megawatts of generation in Texas, including 2,300 MW of nuclear-fired and 5,837 MW of lignite/coal-fired generation capacity. The company is also the largest purchaser of wind-generated electricity in Texas and among the top five purchasers in the North America. TXU's regulated electric distribution and transmission business complements the competitive operations, using asset management skills developed over more than one hundred years, to provide reliable electricity delivery to consumers. TXU's electric delivery operations are the largest in Texas, providing power to 2.9 million delivery points over more than 98,000 miles of distribution and 14,000 miles of transmission lines. TXU has agreed to sell its energy business in Australia, TXU Australia, and has announced its intent to sell TXU Gas, its largely regulated natural gas transmission and distribution business in Texas. Visit http://www.txucorp.com/ for more information about TXU.
TXU
Wilder and his six senior officers named TXU's leaders. The new leadership structure is consistent with Wilder's objective to create a lean organization that responds well to the current energy market.
"I am delighted today to introduce our new leadership organization. Since joining TXU, I've spent a lot of time reviewing the wealth of management talent here. I knew coming in that TXU had some of the best people in the industry," said Wilder. "But, even I was surprised by the depth of ability and how much of our upper management would come from inside TXU. I am absolutely convinced the individuals being named today are the right people to help us capture the potential for our core businesses and reach industry leadership."
Reporting to Tom Baker, chairman and chief executive, TXU Electric Delivery, are:
Rob Trimble, president and chief operating officer, who will oversee operations of TXU's transmission and distribution network. Trimble, who joined TXU in 1972, was previously president of the Oncor electric delivery organization.
Jim Greer, vice president of asset management and engineering, who was previously director of electric asset management at Oncor.
Brenda Jackson, senior vice president for customer and community, who has been with TXU for 31 years. Previously, Jackson was senior vice president of electric asset ownership for Oncor.
Susan Atteridge, senior vice president of communications, who continues as the company's chief communications officer.
Reporting to Mike Greene, chairman and chief executive, TXU Power, are:
Mike Blevins, senior vice president, nuclear, who joined TXU in 1969 and previously served as senior vice president and principal nuclear officer for TXU Energy.
Richard Wistrand, senior vice president of fossil operations, who has 31 years of service at TXU and has held numerous engineering and management positions in the company. He was previously senior vice president of fossil production at TXU Energy.
Mike McCall, who has been named senior vice president of environmental, fuels, and safety, including TXU's mining operation. He will continue to perform his duties as president of TXU Gas until the company is sold.
Ric Federwisch, senior vice president, strategic sourcing and TXU operating system, who leads a new group that will purchase major equipment in the most strategic, cost-efficient way. Federwisch joined TXU in 1974. He was previously vice president of procurement and administrative services at TXU.
Dan Farell, senior vice president, who will manage the Capgemini joint venture relationship. TXU holds a 3 percent ownership stake in Capgemini Energy, a company providing business and technology services to TXU and, ultimately, to the utility industry. Farell joined TXU in 1972.
Reporting to Paul O'Malley, chairman and chief executive of TXU Energy, are:
Kevin Bohn, senior vice president of commercial and industrial sales and non-Price to Beat customers. Bohn was previously vice president/general manager of TXU Energy and has extensive finance and strategy experience.
Brian Tulloh, who has been named vice president of segmentation and analytics. He previously led TXU Energy's strategy group.
Mike Guyton, vice president of customer service for TXU Energy, who was vice president of gas asset services for TXU Gas.
Dung Tran, previously with the TXU Energy strategy group, who is the new vice president of commercial operations.
Reporting to Eric Peterson, executive vice president of legal and regulatory, are:
Bill Moore, vice president of regulatory law. Moore, who joined TXU this year as vice president and associate general counsel of regulatory and public policy, had previous experience practicing regulated industries law.
Curt Seidlits, senior vice president, government affairs. He continues to lead the government affairs area for TXU.
Paul Plunkett, senior vice president, regulatory affairs. He continues to oversee all U.S. electric and natural gas regulatory initiatives.
Saf Joshi, vice president commercial law. Joshi joined TXU this year as vice president and associate general counsel of corporate and securities. His prior experience also was in general corporate and securities law.
David Poole, senior vice president of litigation and employment law. Poole joined TXU this year as vice president and associate general counsel of litigation and labor and employment. His previous law career focused on a broad range of litigation areas.
Pete Tinkham has retired from his position as secretary and assistant treasurer of TXU effective today. Diane Kubin will serve as secretary in the interim.
Reporting to Kirk Oliver, executive vice president and chief financial officer, are:
Scott Longhurst, senior vice president and group controller, who was previously senior vice president and principal financial officer of Oncor.
Tony Horton, senior vice president and treasurer. Previously, he was director of finance and assistant treasurer of TXU Energy.
Reporting to David Campbell, executive vice president of planning, strategy and risk, are:
Tim Hogan, director of investor relations, who will remain in the same role.
Jeff Agee, vice president of planning, who previously was director of planning for TXU Energy.
Manu Asthana, vice president of enterprise and commodity risk, who previously worked in the TXU Energy portfolio management group.
These appointments are subject to confirmation by the appropriate governing bodies of TXU and its subsidiary companies. These approvals are expected to be completed within the next few weeks.
TXU, a Dallas-based energy company, manages a portfolio of competitive and regulated energy businesses in North America, primarily in Texas. In TXU's unregulated business, TXU Energy provides electricity and related services to more than 2.6 million competitive electricity customers in Texas, more customers than any other retail electric provider in the state. TXU Power owns and operates 18,500 megawatts of generation in Texas, including 2,300 MW of nuclear-fired and 5,837 MW of lignite/coal-fired generation capacity. The company is also the largest purchaser of wind-generated electricity in Texas and among the top five purchasers in the North America. TXU's regulated electric distribution and transmission business complements the competitive operations, using asset management skills developed over more than one hundred years, to provide reliable electricity delivery to consumers. TXU's electric delivery operations are the largest in Texas, providing power to 2.9 million delivery points over more than 98,000 miles of distribution and 14,000 miles of transmission lines. TXU has agreed to sell its energy business in Australia, TXU Australia, and has announced its intent to sell TXU Gas, its largely regulated natural gas transmission and distribution business in Texas. Visit http://www.txucorp.com/ for more information about TXU.
TXU
