Posts Tagged ‘Michigan Consolidated Gas Company’

First “Outsider” Ever to Helm PG&E: Anthony F. Earley, Jr., will be New Chairman, CEO, President

Tuesday, August 9th, 2011

Straight outta Detroit comesĀ Anthony F. Earley, Jr to helm troubled Pacific Gas & Electric.

September 13, 2011 is the changeover date.

All the deets below.

 

PG&E Corporation Names Anthony F. Earley, Jr., as Chairman, Chief Executive Officer, and President

SAN FRANCISCO, Aug. 8, 2011 — PG&E Corporation (NYSE: PCG) today announced that Anthony F. Earley, Jr., 62, will become the company’s new Chairman of the Board, Chief Executive Officer, and President. Earley’s appointment – the first in PG&E’s history to come from outside the organization – puts the company under the leadership of one of the nation’s most experienced energy executives.

As head of Michigan-based DTE Energy for more than a decade, Earley built the company’s core businesses – Detroit Edison and Michigan Consolidated Gas Company – into two of the most highly respected electric and natural gas operating companies, with strong performance on many of the industry’s key safety and reliability measures.

“Tony is a highly respected and proven CEO who will provide fresh eyes and strong leadership as we focus on public safety and operations excellence,” said Lee Cox, interim Chairman, Chief Executive Officer, and President. “We looked across the industry and found the person best qualified to help us win back public confidence.”

Earley joined Detroit Edison in 1994 as President and Chief Operating Officer. He became CEO of DTE Energy in 1998 and served in that role through 2010. Most recently, he has been DTE’s Executive Chairman. DTE Energy is one of the nation’s largest diversified energy companies.

“PG&E has a proud legacy,” said Earley. “It’s a great privilege to help an iconic company recover from its recent challenges and reclaim its standing as the utility others admire and aspire to follow.”

Ever more deets after the jump.

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