PSEG Names H.C. Shin to Board of Directors
May 09 2008 - 11:12AM
PR Newswire (US)
Executive Vice President of 3M Company NEWARK, N.J., May 9
/PRNewswire-FirstCall/ -- Public Service Enterprise Group (PSEG)
has elected Hak Cheol (H.C.) Shin to its Board of Directors,
effective May 8, 2008. Mr. Shin is executive vice president,
industrial and transportation business, at the 3M Company of St.
Paul, MN. "Mr. Shin has achieved a strong record of operational
experience in the technology and consumer products business arena,"
said Ralph Izzo, chairman, president and CEO of PSEG. "This will
make him especially valuable to our company as it increasingly
focuses on operational excellence as the key to success and future
growth." Mr. Shin has been with 3M since 1984 and has held posts
with increasingly broader responsibilities. He became a division
vice president in 2001 and was named an executive vice president in
2005. He holds a bachelor of science degree in mechanical
engineering from Seoul National University in South Korea. 3M
Company (NYSE) is a diversified technology company with product
lines in the consumer and office, health care, electronics,
graphics, transportation, safety and telecommunications markets.
Public Service Enterprise Group (PSEG) (NYSE:PEG) is a publicly
traded diversified energy company with annual revenues of more than
$12 billion, and three principal subsidiaries: PSEG Power, PSEG
Energy Holdings, and Public Service Electric and Gas Company
(PSE&G). PSEG Power, one of the largest independent power
producers in the U.S. has three main subsidiaries: PSEG Fossil,
PSEG Nuclear, and PSEG Energy Resources & Trade. PSEG Energy
Holdings has two main unregulated energy-related businesses: PSEG
Global and PSEG Resources. PSE&G, New Jersey's oldest and
largest regulated gas and electric delivery utility, serves nearly
three-quarters of the state's population. DATASOURCE: Public
Service Enterprise Group (PSEG) CONTACT: Denise Denk of Public
Service Enterprise Group (PSEG), +1-973-430-6336 Web site:
http://www.pseg.com/
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