Welcome!

News Feed Item

Iberdrola USA names new members to Board of Directors and Chief Corporate Officer for U.S. operations

NEW GLOUCESTER, Maine, Jan. 16, 2014 /PRNewswire/ -- Iberdrola USA, a subsidiary of Iberdrola, S.A., has appointed a new eight-member board of directors that will be led by Chairman Ignacio Galan of Iberdrola. Robert Kump, chief executive officer for Iberdrola USA Networks and a member of the Iberdrola USA board, has also been appointed chief corporate officer for Iberdrola in the U.S.

The board includes four independent members: John Elias Baldacci, previously governor of the State of Maine and member of the U.S. House of Representatives; Jose W. Fernandez, U.S. assistant secretary of state for economic, energy, and business affairs from 2009 - 2013; Alan D. Solomont, U.S. ambassador to Spain and Andorra from 2009 - 2013 and Alfredo Elias Ayub, for more than a decade director general of the Comision Federal de Electricidad, Mexico's largest integrated utility.

"We are honored to have such distinguished individuals join the board of Iberdrola USA," said Iberdrola Chairman Ignacio Galan. "Their depth of experience in industry and government will help guide our U.S. investments in our networks businesses and generation."

Other new members of the board include Jose Sainz Armada, chief financial officer for Iberdrola Group and Pedro Azagra Blazquez, chief development officer for Iberdrola Group. R. Scott Mahoney, vice president and general counsel for Iberdrola USA was also appointed secretary of the board.

Robert Kump, as chief corporate officer of Iberdrola in the U.S., will head the development of the group's strategy in the U.S. and position the company to take advantage of opportunities for growth and expansion. He will remain in his role as chief executive officer of Iberdrola USA Networks, as well.

"Robert Kump is an outstanding choice to be chief corporate officer for U.S. operations," said Galan. "His team will coordinate the activities of the Iberdrola USA group and its subsidiary companies to support the growth of our businesses in the U.S."

The new appointments follow an internal corporate re-organization last November to align U.S. operations with Iberdrola's corporate practice of establishing a single, national subholding company in the principal countries where it operates. Iberdrola USA comprises three intermediate holding companies that operate separately under the direction of separate board of directors. Iberdrola USA Networks operates the company's regulated businesses; Iberdrola Renewables focuses on the development and operation of the company's renewable energy generation fleet; and Iberdrola Energy Holdings operates natural gas storage and energy services.

The US is a priority market for Iberdrola, with more than $30 billion in assets, a quarter of the Group's total. The company has tripled investments there since 2006 and expects to invest between $1 and $1.5 billion dollars per annum in the coming years. The Iberdrola USA companies employ 5,000 people with operations in 24 states from New England to the West Coast and Texas.

"Iberdrola USA companies are leaders in their respective segments of the energy industry," said Robert Kump, chief corporate officer for Iberdrola USA. "Our challenge will be to coordinate our strategies and maximize our expertise and resources as we look for opportunities to grow our U.S. businesses."

Click here more information on the Iberdrola USA Board of Directors bylaws and members.

Notes to editors:

  • Iberdrola USA Networks, based in New Gloucester, Maine, holds ownership of the company's regulated utilities serving electricity and gas to a population of 6 million in Maine, New Hampshire and New York with assets of about $13.5 billion. The holding company has 100% ownership of operating subsidiaries New York State Electric & Gas Corporation, Rochester Gas and Electric Corporation, Central Maine Power, Maine Natural Gas, and New Hampshire Gas Corporation.
  • Iberdrola Renewables, based in Portland, Oregon, holds ownership of the company's unregulated or lightly regulated renewable and thermal generation businesses. Iberdrola Renewables is the second largest wind producer in the U.S. with 60 plants and operations in 19 states and a total owned-generation capacity of 6,130 megawatts. In 2012, Iberdrola Renewables produced 14 million megawatt-hours of electricity and held about $15.7 billion in assets.
  • Iberdrola Energy Holdings, LLC, based in Houston, Texas, holds ownership of the company's portfolio of underground storage facilities across the country, as well as the energy services trading floor in Houston, Texas and Salt Lake City, Utah. The company is one of the top independent gas storage operators and gas traders in the U.S. with more than 130 billion cubic feet of storage capacity.
  • Iberdrola, S.A., employs 31,000 people around the globe, with a special focus on Spain, the UK, the U.S., Brazil, and Mexico. It is one of the world's largest electricity companies with more than $40 billion in market capitalization. Through its 30 million points of supply it serves a population of 100 million. It has 45,000 megawatts of installed capacity, and is a global leader in renewable energy capacity.

For more information about Iberdrola USA, visit www.iberdrolausa.com.

 

SOURCE Iberdrola USA

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Did you know that you can develop for mainframes in Java? Or that the testing and deployment can be automated across mobile to mainframe? In his session at @DevOpsSummit at 20th Cloud Expo, Vaughn Marshall, Sr. Principal Product Owner at CA Technologies, will discuss and demo how increasingly teams are developing with agile methodologies using modern development environments and automating testing and deployments, mobile to mainframe.
The goal of Continuous Testing is to shift testing left to find defects earlier and release software faster. This can be achieved by integrating a set of open source functional and performance testing tools in the early stages of your software delivery lifecycle. There is one process that binds all application delivery stages together into one well-orchestrated machine: Continuous Testing. Continuous Testing is the conveyor belt between the Software Factory and production stages. Artifacts are ...
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and 21st International Cloud Expo, which will take place in November in Silicon Valley, California.
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory?
NHK, Japan Broadcasting, will feature the upcoming @ThingsExpo Silicon Valley in a special 'Internet of Things' and smart technology documentary that will be filmed on the expo floor between November 3 to 5, 2015, in Santa Clara. NHK is the sole public TV network in Japan equivalent to the BBC in the UK and the largest in Asia with many award-winning science and technology programs. Japanese TV is producing a documentary about IoT and Smart technology and will be covering @ThingsExpo Silicon Val...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...
SYS-CON Events announced today that Hitachi Data Systems, a wholly owned subsidiary of Hitachi LTD., will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City. Hitachi Data Systems (HDS) will be featuring the Hitachi Content Platform (HCP) portfolio. This is the industry’s only offering that allows organizations to bring together object storage, file sync and share, cloud storage gateways, and sophisticated search an...
SYS-CON Events announced today that Hitachi, the leading provider the Internet of Things and Digital Transformation, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., offers an integrated portfolio of services and solutions that enable digital transformation through enhanced data management, governance, mobility and analytics. We help globa...
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTred processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across supply chain networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost and time for product recall as well as advance trade. Are you curious about Blockchain and how it can provide you with new opportunities for innovation and growth? In her session at 20th Cloud Exp...
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing be...
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single threaded, you can effectively identify hot spots in your serverless code. In his session at 20th Cloud Expo, David Martin, Principal Product Owner at CA Technologies, will give a live demonstration and code walkthrough, showing how to o...
SYS-CON Events announced today that Hitachi, the leading provider the Internet of Things and Digital Transformation, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., offers an integrated portfolio of services and solutions that enable digital transformation through enhanced data management, governance, mobility and analytics. We help globa...