Commerce Energy Group Announces Leadership Appointments
December 14 2005 - 4:43PM
PR Newswire (US)
COSTA MESA, Calif., Dec. 14 /PRNewswire-FirstCall/ -- Commerce
Energy Group, Inc. (AMEX:EGR) today announced the appointment of
Dennis R. Leibel as a new independent director, effective December
12, 2005, and set the authorized number of directors at six. Mr.
Leibel will serve as a Class III director. He also was appointed to
serve on the audit and compensation committees of the board. With
the addition of Mr. Leibel, the company has five independent
directors on its board. Additionally, the company announced the
promotion of Andrew V. Coppola to Senior Vice President -- Energy
Supply. Mr. Coppola joined Commerce Energy earlier this year and
most recently served as Vice President, Gas Supply, for the
company's principal operating subsidiary, Commerce Energy, Inc. "We
are extremely pleased to welcome Dennis Leibel to our board. His
extensive business, financial and legal experience is an excellent
complement to our board and its independent committees," said
Steven S. Boss, Chief Executive Officer of Commerce Energy Group.
"Andrew Coppola's experience in natural gas and electricity
marketing, supply and trading has been an important asset for our
company, and we welcome the opportunity to elevate his position and
further benefit from his talents." Mr. Leibel has served as a
founding partner of Esquire Associates LLC, a financial consulting
business, since 1998. He is also a private investor and a retired
financial and legal executive. Mr. Leibel has served on the board
of directors of Microsemi Corporation since May 2002 and as its
chairman since July 2004. He holds a B.S. degree in accounting from
Brooklyn College, a J.D. degree from Brooklyn Law School and an
L.L.M. degree in taxation from Boston University School of Law. Mr.
Coppola has 23 years of marketing and trading experience in the
non-regulated energy industry. He served as Vice President of
Energy Supply and Fulfillment at ACN Energy, responsible for retail
gas and power customers behind 11 distribution companies. He was
also Vice President of CoEnergy Trading Company and Director of Gas
Trading and Origination at DTE Energy Trading. He held similar
positions at CMS Energy and Coastal Gas Marketing Company. Coppola
earned a bachelor's degree in business administration at the
University of Michigan. About Commerce Energy Group, Inc. Commerce
Energy Group, Inc. (AMEX:EGR) is a leading U.S. electricity and
natural gas marketing company, operating through its wholly-owned
subsidiaries, Commerce Energy, Inc. and Skipping Stone Inc.
Commerce Energy, Inc. is a FERC-licensed unregulated retail
marketer of natural gas and electricity to homeowners, commercial
and industrial consumers and institutional customers operating in
nine states. Skipping Stone is an energy consulting firm serving
utilities, pipelines, merchant trading and technology companies.
For more information, visit http://www.commerceenergygroup.com/.
DATASOURCE: Commerce Energy Group, Inc. CONTACT: Investor Relations
of Commerce Energy Group, Inc., +1-800-962-4655, ; or Cecilia
Wilkinson, , or Wade Huckabee, , both of PondelWilkinson Inc.,
+1-310-279-5980, for Commerce Energy Group, Inc. Web site:
http://www.commerceenergygroup.com/
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