RICHMOND, Va., Oct. 2, 2019 /PRNewswire/ -- Dominion Energy
(NYSE: D) today announced organizational changes tied to a new
financial and operating reporting structure that will take effect
on Dec. 1, 2019. The changes are
aimed at improving the company's operating efficiency, customer
experience and transparency of its financial disclosures.
The company named two executives to the new position of co-chief
operating officer (co-COO).
Robert M. Blue, currently
executive vice president (EVP) and president and chief executive
officer-Power Delivery Group, and Diane
Leopold, currently EVP and president and chief executive
officer-Gas Infrastructure Group, were each named EVP and
co-COO-Dominion Energy, effective as of December 1.
Two of the company's five new operating segments will report to
Blue: Dominion Energy Virginia, the vertically integrated
electric utility in Virginia and
North Carolina; and Contracted
Generation, which includes Millstone Power Station and more
than 50 long-term contracted solar facilities.
Leopold will have responsibility for three operating segments –
Gas Transmission & Storage, consisting of 14,800 miles
of natural gas transmission, gathering and storage pipelines, gas
storage operations and the Cove Point LNG facility; Gas
Distribution, which has four gas local distribution companies
in Idaho, North Carolina, Ohio, Utah,
West Virginia and Wyoming; and Dominion Energy South
Carolina, a natural gas and electric utility in the Palmetto
State.
Also effective on December 1,
Carter M. Reid, currently EVP and
chief administrative and compliance officer, will become EVP and
chief of staff for Dominion Energy, and president of Dominion
Energy Services.
Blue, Leopold, Reid and James R.
Chapman – EVP, chief financial officer and treasurer – will
all continue to report to Thomas F.
Farrell, II, chairman, president and chief executive
officer.
Farrell said:
"Bob and Diane have led business units at Dominion Energy for a
combined decade and bring to their new roles vast understanding of
the energy sector and its relationship to customers, and superior
leadership skills. Our five new operating segments will be in
excellent hands."
The company also named two new segment heads for its realigned
reporting structure, also effective December
1. In addition to his new role as co-COO, Blue will serve as
president-Dominion Energy Virginia. Daniel G. Stoddard, SVP
and chief nuclear officer, will add the role of
president-Contracted Generation to his current responsibilities,
and report to Blue in that role.
P. Rodney Blevins will continue
in his role as president-Dominion Energy South Carolina and will
report to Leopold. Donald R. Raikes,
president-Gas Distribution, and Paul E.
Ruppert, president-Gas Transmission & Storage, will also
report to Leopold.
Each of the operating segment presidents will serve on Farrell's
senior leadership team.
"We will rely on Bob, Rodney, Don, Paul and Dan to provide
outstanding operations and customer service and be exceptional
stewards of our shareholders' money," Farrell said.
The company also announced a promotion for one officer, and
additional responsibilities for two senior officers.
On December 1:
- Corynne S. Arnett, vice
president-Customer Service (Power Delivery Group), will be promoted
to senior vice president (SVP)-Regulatory Affairs & Customer
Experience, reporting to Farrell. Her responsibilities will include
oversight of state and federal regulatory strategy, filings and
proceedings, as well as designing and implementing corporate
strategies and tools for enhancing the customer experience. She
will retain responsibility for customer account management centers,
customer revenue management and the customer information platform
for Dominion Energy Virginia.
- Carlos M. Brown, SVP and general
counsel, will add the role of chief compliance officer to his
title, with the legal, environmental and compliance groups
reporting to him. He will continue to report to Farrell.
- Edward H. Baine,
SVP-Distribution (Power Delivery Group), will become SVP-Power
Delivery (Dominion Energy Virginia), reporting to Blue. The new
role adds oversight of the utility's 6,600-mile electric
transmission system to his current responsibilities for the
57,600-mile distribution system.
For biographies of these executive officers, please click
here.
Nearly 7.5 million customers in 18 states energize their homes
and businesses with electricity or natural gas from Dominion Energy
(NYSE: D), headquartered in Richmond,
Va. The company is committed to sustainable, reliable,
affordable and safe energy and is one of the nation's largest
producers and transporters of energy with more than $100 billion of assets providing electric
generation, transmission and distribution, as well as natural gas
storage, transmission, distribution and import/export services. The
company expects to cut generating fleet carbon dioxide emissions 80
percent by 2050 and reduce methane emissions from its gas assets 50
percent by 2030. Please visit www.DominionEnergy.com to learn
more.
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SOURCE Dominion Energy