David Crane Steps Down as CEO of NRG; Mauricio Gutierrez Becomes CEO
December 03 2015 - 8:30AM
Business Wire
NRG (NYSE:NRG) announced today that David Crane is stepping down
as President and Chief Executive Officer of NRG, effective
immediately. Mr. Crane has served in this position since 2003.
“During more than 12 years at the helm of NRG, Mr. Crane led the
company from emergence from bankruptcy to its current position as
leader in the wholesale and retail energy markets,” said Howard E.
Cosgrove, Chairman of the NRG Board. “The Board thanks Mr. Crane
for his leadership that helped transform NRG into the Company it is
today.”
Replacing Mr. Crane will be Mauricio Gutierrez, who will be
President and Chief Executive Officer and it is expected that Mr.
Gutierrez will be appointed as a Director of NRG. Mr. Gutierrez has
served as Executive Vice President and Chief Operating Officer
since July 2010 and has been with the Company in various roles
since August 2004.
Mr. Crane will assist in the CEO transition through the end of
the year.
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.
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