IRVING,
Texas, Feb. 1, 2023 /PRNewswire/ -- Vistra (NYSE:
VST) today announced a new addition to its board of directors.
Effective today, Julie Lagacy has
been appointed as independent director. She will serve on the
board's Sustainability & Risk Committee and the Social
Responsibility & Compensation Committee. Lagacy's appointment
will expand Vistra's board to 11 members.
"We are pleased to welcome Julie to our board of directors,"
said Scott Helm, Vistra's chairman
of the board. "Her extensive leadership, particularly in the fields
of strategy, sustainability, and cybersecurity further enhance and
balance the diverse skills on the board. We look forward to
benefitting from her expertise as Vistra continues its leadership
role in the energy transition through the responsible
transformation of its fleet."
Helm continued, "Ensuring we have the right board in place to
guide the company's strategy and oversee its net zero commitment
continues to be a top priority. This expansion is the culmination
of a robust board composition review process to ensure that we have
the diversity and mix of skills and experience to advance our
goals."
About Vistra's New Director:
Julie Lagacy most recently served
as Caterpillar Inc.'s first chief sustainability and strategy
officer. Lagacy began her career at Caterpillar in 1988 and held
various leadership roles, including chief financial officer of the
global mining division, and vice president of global information
services and chief information officer.
Lagacy brings extensive executive management experience
including financial, strategic, technology, cybersecurity, ESG,
management development, acquisitions, and capital allocation. She
also serves on the board of the Illinois Cancer Care Charitable
Foundation.
About Vistra
Vistra (NYSE: VST) is a leading Fortune 500 integrated retail
electricity and power generation company based in Irving, Texas, providing essential resources
for customers, commerce, and communities. Vistra combines an
innovative, customer-centric approach to retail with safe,
reliable, diverse, and efficient power generation. The company
brings its products and services to market in 20 states and the
District of Columbia, including
six of the seven competitive wholesale markets in the U.S. Serving
nearly 4.3 million residential, commercial, and industrial retail
customers with electricity and natural gas, Vistra is one of the
largest competitive electricity providers in the country and offers
over 50 renewable energy plans. The company is also the largest
competitive power generator in the U.S. with a capacity of
approximately 37,000 megawatts powered by a diverse portfolio,
including natural gas, nuclear, solar, and battery energy storage
facilities. In addition, Vistra is a large purchaser of wind power.
The company owns and operates the 400-MW/1,600-MWh battery energy
storage system in Moss Landing,
California, the largest of its kind in the world. Vistra is
guided by four core principles: we do business the right way, we
work as a team, we compete to win, and we care about our
stakeholders, including our customers, our communities where we
work and live, our employees, and our investors. Learn more about
our environmental, social, and governance efforts and read the
company's sustainability report at
https://www.vistracorp.com/sustainability/.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/vistra-announces-expansion-of-its-board-of-directors-with-the-appointment-of-julie-lagacy-301736591.html
SOURCE Vistra Corp.