Mauricio Gutierrez Named Interim CEO of NRG Yield; John Chlebowski Assumes Role of Chairman of the Board
December 04 2015 - 6:14PM
Business Wire
NRG Yield, Inc. (NYSE:NYLD, NYLD.A) announced today that
following the announcement that David Crane has stepped down as
President and Chief Executive Officer of NRG Energy, Inc. (NYSE:
NRG), the Board of Directors of NRG Yield has acted to replace Mr.
Crane as Chairman, President and Chief Executive Officer of NRG
Yield.
The Board has named Mauricio Gutierrez interim President and
Chief Executive Officer of NRG Yield, effective immediately. Mr.
Gutierrez currently serves as a Director of NRG Yield and has
served as the Chief Operating Officer of NRG Yield since the
initial public offering in July 2013. Mr. Gutierrez was recently
named President and Chief Executive Officer of NRG Energy, where he
previously served as Chief Operating Officer since July 2010 and in
various roles since August 2004. During this interim period, the
Board of Directors will evaluate the optimal replacement for this
position as a result of Mr. Crane’s departure.
John Chlebowski will assume the role of Chairman of the Board
during the interim CEO evaluation process. Mr. Chlebowski has
served as Lead Independent Director of NRG Yield since its initial
public offering in July 2013 and previously served on the Board of
Directors of NRG Energy since its emergence from bankruptcy in
2003. During his tenure at NRG Energy, he served on numerous
committees of the board and chaired both the audit and compensation
committees.
About NYLD
NRG Yield owns a diversified portfolio of contracted renewable
and conventional generation and thermal infrastructure assets in
the United States, including fossil fuel, solar and wind power
generation facilities that provide the capacity to support more
than two million American homes and businesses. Our thermal
infrastructure assets provide steam, hot water and/or chilled
water, and in some instances electricity, to commercial businesses,
universities, hospitals and governmental units in multiple
locations. NRG Yield’s Class C and Class A common stock are traded
on the New York Stock Exchange under the symbols NYLD and NYLD.A,
respectively. Visit nrgyield.com for more information.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151204005891/en/
NRG Yield, Inc.Media:Karen Cleeve, 609.524.4608Marijke
Shugrue, 609.524.5262orInvestors:Chad Plotkin,
609.524.4526Lindsey Puchyr, 609.524.4527
NRG Energy (NYSE:NRG)
Historical Stock Chart
From Aug 2024 to Sep 2024
NRG Energy (NYSE:NRG)
Historical Stock Chart
From Sep 2023 to Sep 2024