Commerce Energy Names Interim Chief Financial Officer
January 29 2008 - 8:07PM
Business Wire
Commerce Energy (AMEX: EGR), a leading U.S. electricity and natural
gas marketing company, names C. Douglas Mitchell as interim chief
financial officer (CFO), effective January 28. Mitchell succeeds J.
Robert Hipps, who has served as interim CFO since July. Mitchell,
57, is a partner in the Orange County practice of Tatum, LLC, an
executive services and consulting firm. Hipps, 67, is also a
partner of Tatum. �Doug has excellent credentials, as well as
significant experience in financial controls, reporting for
rapid-growth companies and in strategic planning,� said Commerce
Energy Chief Executive Officer Steven S. Boss. �He has the right
skills at the right time for Commerce Energy, and we welcome him to
our team.� Mitchell has more than 25 years of experience in public
and private financial executive positions with expertise in
planning and reporting, budgeting and forecasting, risk management,
SEC matters, strategic planning, tax and compliance. He also has a
strong background in the implementation of enterprise-wide
information technology solutions. He is a graduate of the
University of Southern California and is a certified public
accountant with a California certificate. �I want to thank Bob for
his commitment and hard work over the past six months,� said Boss,
�and we look forward to a seamless transition with Doug.� About
Commerce Energy Group, Inc. Commerce Energy Group, Inc. (Commerce)
is a leading independent U.S. electricity and natural gas marketing
company, operating through its wholly-owned subsidiaries, Commerce
Energy, Inc. and Skipping Stone Inc. Commerce is publicly traded on
the American Stock Exchange (Amex) under the symbol: EGR. Commerce
Energy, Inc. is licensed by the Federal Energy Regulatory
Commission and by state regulatory agencies as an unregulated
retail marketer of natural gas and electricity to homeowners,
commercial and industrial consumers and institutional customers.
Headquartered in Orange County, California, the company also has an
office in Dallas, Texas, as well as several area offices located
around the U.S. For nearly a decade, customers have relied on
Commerce to deliver competitive pricing, innovative product
offerings and personalized customer service, in addition to quality
gas and electric services. For more information, visit
www.CommerceEnergy.com.
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