GenOn Energy Announces Appointment of Two New Directors
January 11 2012 - 9:00AM
Marketwired
GenOn Energy, Inc. (NYSE: GEN) today announced that its board of
directors has appointed former Secretary of Energy Spencer Abraham
and former Federal Energy Regulatory Commission chair and Deputy
Secretary of Energy Betsy Moler to serve as directors.
"We are extremely pleased to have these outstanding leaders in
the energy sector join our board. Both Spencer and Betsy bring a
wide variety of experiences and perspectives that will complement
the existing expertise on the board," said Edward R. Muller,
Chairman and Chief Executive Officer of GenOn. "The merchant
generation business has many challenges and opportunities ahead and
the public policy and regulatory experience of Spencer and Betsy
will be valuable to GenOn in meeting these challenges and
capitalizing on new opportunities."
Spencer Abraham served as a U.S. Senator from Michigan from 1995
to 2001 and served as Secretary of Energy from 2001 to 2005. Since
2005, Abraham has been the Chairman and Chief Executive Officer of
The Abraham Group, an international strategic consulting firm based
in Washington, D.C. Abraham graduated with a bachelor of arts
degree from Michigan State University in 1973 and received his law
degree from Harvard Law School in 1978. He currently serves on the
board of Occidental Petroleum Corp.
Betsy Moler served as counsel and senior counsel to the U.S.
Senate Committee on Energy and Natural Resources from 1976 to 1988.
She served as a member of the Federal Energy Regulatory Commission
(FERC) from 1988 to 1997 and as FERC chair from 1993 to 1997. Moler
was Deputy Secretary of Energy from 1997 to 1998. After more than
twenty years of government service, Moler served for ten years as
Executive Vice President of Governmental Affairs and Public Policy
for Exelon Corp. Moler graduated with a bachelor's degree from
American University in 1971 and received her law degree from
Georgetown University in 1977. She currently serves on the board of
Schlumberger Limited.
About GenOn Energy, Inc.
GenOn Energy, Inc. (NYSE: GEN) is one of the largest competitive
generators of wholesale electricity in the United States. With
power generation facilities located in key regions of the country
and a generation portfolio of approximately 24,200 megawatts, GenOn
is helping meet the nation's electricity needs. GenOn's portfolio
of power generation facilities includes baseload, intermediate and
peaking units using coal, natural gas and oil to generate
electricity. We have experienced leadership, dedicated team
members, financial strength and a solid commitment to safety, the
environment, operational excellence and the communities in which we
operate. GenOn routinely posts all important information on its Web
site at www.genon.com.
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