El Paso Electric Appoints El Pasoan Mary Kipp as New President
September 18 2014 - 10:30AM
Business Wire
The El Paso Electric Company (EPE) Board of Directors officially
announces that Mary Kipp, Senior Vice President, General Counsel
and Chief Compliance Officer, has been appointed as President of El
Paso Electric.
Mary Kipp, President El Paso Electric
(Photo: Business Wire)
Thomas V. Shockley will remain CEO and will continue to lead the
Company’s commitment to identify local talent and leadership
through the end of his contract in December 2015. Shockley has
served as CEO since January 2012 and is proactively engaging in
succession planning and leadership cultivation. From implementing a
high school summer internship program and apprenticeship to
identifying engineers, Shockley has been instrumental in
positioning EPE as leader in promoting local leadership and
diversity.
“Mary is the future of El Paso Electric, and I am confident,
together, we will continue to work closely with all of our talented
employees to provide safe and reliable energy to the communities we
serve,” said Thomas V. Shockley, El Paso Electric Chief Executive
Officer. “As a native of this region, Mary understands the needs of
our diverse community. During her time at EPE, Mary has been able
to enhance and change the way we do business by keeping our
customers’ needs at the forefront of every decision. She
understands our community and values the importance of supporting
economic development in the region.”
Under this new leadership structure, Kipp will oversee the
entire Company's overall operations, working collaboratively with
Shockley to prepare the Company for the future.
“I am extremely honored and humbled to work with Mr. Shockley
and our hard-working employees to shape the future of El Paso
Electric,” said Mary Kipp, President of El Paso Electric. “For over
100 years, El Paso Electric has been dedicated to the long-term
success and well-being of our region, continuing our rich history
of investing in our region’s economic growth while providing clean,
reliable energy for our growing community’s needs. We remain
committed to investing in a cleaner future with cost-effective new
technologies so the benefits to customers outweigh the costs of
maintaining and updating our safe and reliable grid. Working
together, it is our responsibility and commitment to meet the
growing energy needs of our community, and in doing so, we provide
a better quality of life for future generations to come.”
Deeply rooted in this community, Kipp, born in El Paso and
raised in southern New Mexico, has a family history that expands
six generations in this region. Kipp has been with El Paso Electric
since December 2007, and has held various positions and has
overseen several departments at the Company, including regulatory
and rates, human resources, external affairs, public relations, and
environmental, health and safety. Kipp has also served as the
Company’s Vice President, Legal and Chief Compliance Officer and
Assistant General Counsel and Director of FERC Compliance. Prior to
joining the Company, Kipp was a senior attorney in the Federal
Energy Regulatory Commission’s Office of Enforcement in Washington,
DC.
Kipp received a Bachelor of Arts cum laude from Williams
College, a Juris Doctor degree from the University of Texas School
of Law, and is an alumnus of Exeter College, University of Oxford.
She is a member of the Texas Bar (1994) and Colorado Bar (2002).
Kipp is active in numerous community organizations, including the
Greater El Paso Chamber of Commerce (Board of Directors), Executive
Women in Energy, the WomenCorporateDirectors Greater New Mexico
Chapter, Paso del Norte Health Foundation (Finance Council), the
Sun Bowl Association (Board of Directors), Borderplex Binational
Economic Alliance (Leadership Group), and Executive Forum.
El Paso Electric (NYSE:EE) is a regional electric utility
providing generation, transmission and distribution service to
approximately 395,000 retail and wholesale customers in a 10,000
square mile area of the Rio Grande valley in west Texas and
southern New Mexico. El Paso Electric has a net dependable
generating capability of 1,872 MW.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20140918005180/en/
El Paso Electric CompanyEddie Gutierrez, 915-497-3495Vice
President, External and Public
Affairseduardo.gutierrez@epelectric.com
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