William J. Keese and Walter L. Revell Join Calpine's Board of Directors
September 20 2005 - 5:30PM
PR Newswire (US)
SAN JOSE, Calif., Sept. 20 /PRNewswire-FirstCall/ -- The Calpine
Corporation (NYSE:CPN) Board of Directors has named two new
independent directors: William J. Keese, former Chairman of the
California Energy Commission, and Walter L. Revell, Chairman and
Chief Executive Officer of Revell Investments International, Inc.
Keese and Revell are replacing two distinguished directors, Jeffrey
E. Garten, who retired September 14, and John O. Wilson, who plans
to retire later this year. Calpine Director Gerald Greenwald has
been appointed Chair of Calpine's Compensation Committee, replacing
Garten, and Director Susan Wang will serve as Chair of Calpine's
Audit Committee upon Wilson's retirement. "We are honored to have
Bill Keese and Walter Revell join Calpine's Board of Directors,"
said Calpine Chairman, President and Chief Executive Officer Peter
Cartwright. "Together they bring to Calpine extensive experience
and service in the energy, government and private sectors. Their
commitment to excellence and diverse public policy and management
leadership will strengthen our Board and further enhance Calpine's
core operating strengths and corporate culture." Keese brings to
Calpine more than 25 years of experience in the energy industry,
most recently serving as Chairman of the California Energy
Commission (CEC). During his eight-year tenure with the CEC, Keese
was Chair of the National Association of State Energy Officials and
the Western Interstate Energy Board. Prior to his distinguished
career at the CEC, he served as a California public affairs
advocate and consultant, representing energy and professional
clients. He currently is a California Representative to, and
Co-Chair of, the Western Governors' Association Clean and
Diversified Energy Advisory Committee and the Board of the Alliance
to Save Energy. Keese earned his Juris Doctorate at Loyola
University, Los Angeles and is a member of the American, California
and Sacramento Bar Associations. Chairman and Chief Executive
Officer of Revell Investments International, Inc., an investment,
development and management company, Revell has enjoyed a successful
career in the public and private sectors. Prior to founding Revell
Investments in 1984, he was Chairman and Chief Executive Officer of
H. J. Ross Associates, an engineering services company. He has
served in a variety of senior management positions in leading
engineering, telecommunications and real estate firms. During
Revell's years of public service in Florida, he served as Secretary
of Transportation and as Vice Chairman of the Public Facilities
Financing Commission. He chaired the Florida Energy 2020 Study
Commission, and the Florida and Greater Miami Chambers of Commerce.
Revell earned a Bachelor of Science degree from Florida State
University. Calpine Chairman, Chief Executive Officer and President
Peter Cartwright stated, "Jeff Garten and John Wilson have helped
guide Calpine during our company's transition from a small, power
plant developer, to a 27,000-megawatt North American power company,
active in every major North American power market. Their
contributions over the past eight years have helped create a
collaborative and independent Board. We wish them every success in
their new ventures." Garten and Wilson joined Calpine's Board in
1997, shortly after the company's initial public offering. Their
counsel, leadership and wide-ranging contributions have gone well
beyond their highly regarded careers in academia, finance and
government service. Garten is retiring to pursue a new business
venture and to devote more time to his new teaching
responsibilities at Yale. Wilson plans to devote his time to
academia and will continue to serve as a faculty member of the
University of California at Berkeley. About Calpine A major power
company, Calpine Corporation supplies customers and communities
with electricity from clean, efficient, natural gas-fired and
geothermal power plants. Calpine owns, leases and operates
integrated systems of plants in 21 U.S. states and in three
Canadian provinces. Its customized products and services include
wholesale and retail electricity, natural gas, gas turbine
components and services, energy management, and a wide range of
power plant engineering, construction and operations services.
Calpine was founded in 1984. It is included in the S&P 500
Index and is publicly traded on the New York Stock Exchange under
the symbol CPN. For more information, visit http://www.calpine.com/
. DATASOURCE: Calpine Corporation CONTACT: Katherine Potter, Media
Relations, ext. 1168, or Karen Bunton, Investor Relations, ext.
1121, both of Calpine Corporation, +1-408-995-5115 Web site:
http://www.calpine.com/
Copyright
Calpine (NYSE:CPN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Calpine (NYSE:CPN)
Historical Stock Chart
From Jul 2023 to Jul 2024