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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