Commerce Energy Group Names David Yi as Chief Risk Officer
May 07 2008 - 5:00AM
Business Wire
Commerce Energy Group, Inc. (Amex:EGR), a leading U.S. electricity
and natural gas marketing company, today announced it has named
David J. Yi as chief risk officer. Most recently, Yi was director
of Accounting and Risk Control for Pacific Summit Energy LLC, a
subsidiary of Sumitomo Corp. Previously, Yi served as chief credit
officer for Cook Inlet Energy Supply, LLC, a multi-billion dollar
North American energy supply services company that was purchased by
Macquarie Bank of Sydney and renamed Macquarie Cook Energy. He has
also held leadership positions with GearyEnergy, LLC and Southern
California Edison. �Dave brings a wealth of energy industry
experience to our company and has a stellar reputation in the
credit world,� said Chairman and Chief Executive Officer Gregory L.
Craig. �I worked with Dave for 10 years at Cook Inlet. We are
fortunate to have an individual of his experience and reputation as
part of our organization.� Yi earned a bachelor of arts degree in
business economics from the University of California, Los Angeles,
and completed the Minority Business Entrepreneur Program at
Dartmouth College. He is a past president of the International
Energy Credit Association (IECA). 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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