NRG and NRG Yield Announce Management Changes
November 19 2015 - 8:30AM
Business Wire
NRG Energy, Inc. (NYSE:NRG) and NRG Yield (NYSE: NYLD, NYLD.A)
today announced the following executive appointments in finance
effective January 4, 2016: Gaetan Frotte, Senior Vice President,
Finance and Strategy of NRG Yield, will become Senior Vice
President and Treasurer of NRG; Chad Plotkin, Vice President,
Investor Relations, will become Senior Vice President, Finance and
Strategy for NRG Yield; and Kevin Cole will join NRG as Senior Vice
President of Investor Relations.
“At this important time in NRG’s history, we are pleased to be
leveraging existing talent and bringing in new expertise to further
strengthen our corporate finance resources, provide ongoing support
and leadership for NRG Yield while continuing to improve our
ability to clearly and effectively communicate with stakeholders,”
said Kirk Andrews, NRG and NRG Yield Chief Financial Officer.
Both Gaetan Frotte and Chad Plotkin bring deep industry
experience and financial expertise to their new roles in the NRG
and NRG Yield organizations. Prior to his role as Head Finance and
Strategy for NRG Yield, Gaetan Frotte served as Assistant Treasurer
of NRG. Prior to leading Investor Relations at NRG, Chad Plotkin
led the Finance organization for NRG Home Solar and previously
served in the Strategy, Mergers and Acquisitions organization for
NRG.
Kevin Cole joins NRG as Head of Investor Relations with a
highly-developed skillset having followed and researched NRG for
nearly 10 years. Kevin Cole most recently served as senior energy
equity and credit analyst and energy sector team captain with
Achievement Asset Management. From 2007-2014, Kevin Cole served as
Vice President on the Credit Suisse US power and utility equity
research team with a mix of lead and co-coverage across the
regulated utility, integrated power, and independent power producer
sectors. Prior to Credit Suisse, he served as an associate with
Jeffery Slocum & Associates conducting fixed income research
and investment consulting services.
Gaetan Frotte, Chad Plotkin and Kevin Cole will report directly
to Kirk Andrews, NRG and NRG Yield Chief Financial Officer.
About NRG
NRG is leading a customer-driven change in the U.S. energy
industry by delivering cleaner and smarter energy choices, while
building on the strength of the nation’s largest and most diverse
competitive power portfolio. A Fortune 200 company, we create value
through reliable and efficient conventional generation while
driving innovation in solar and renewable power, electric vehicle
ecosystems, carbon capture technology and customer-centric energy
solutions. Our retail electricity providers serve almost 3 million
residential and commercial customers throughout the country. More
information is available at www.nrg.com. Connect with NRG Energy on
Facebook and follow us on Twitter @nrgenergy.
About NRG Yield
NRG Yield owns a diversified portfolio of contracted renewable
and conventional generation and thermal infrastructure assets in
the U.S., including fossil fuel, solar and wind power generation
facilities that provide the capacity to support more than one
million American homes and businesses. Our thermal infrastructure
assets provide steam, hot water and/or chilled water, and in some
instances electricity, to commercial businesses, universities,
hospitals and governmental units in ten locations. NRG Yield’s
Class C and Class A common stock are traded on the New York Stock
Exchange under the symbols NYLD and NYLD.A, respectively. Visit
nrgyield.com for more information.
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version on businesswire.com: http://www.businesswire.com/news/home/20151119005390/en/
For NRG Energy, Inc.Media:Karen Cleeve,
609-524-4608orMarijke Shugrue, 609-524-5262orInvestors:Chad
Plotkin, 609-524-4526orLindsey Puchyr, 609-524-4527
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