Central Vermont fills position of vice president of finance and administration.RUTLAND, Vt.--(BUSINESS WIRE)--Oct. 30, 1995--Central Vermont Public Service has hired Francis J. Boyle to fill the positions of vice president of finance and administration and chief financial officer. Boyle was previously chief financial officer for Westmoreland Coal Co. in Philadelphia. Before that he was chief financial officer at El Paso Natural Gas El Paso Natural Gas is a system of natural gas pipelines that brings gas from the Permian Basin in Texas and the San Juan Basin in New Mexico and Colorado to West Texas, New Mexico, Nevada, California and Arizona. It also exports some natural gas to Mexico. Co. He brings experience in both regulated and competitive industries to Vermont's largest electric company. Central Vermont officials said Boyle's experience in unregulated markets will be valuable to the company as it prepares for the restructuring of the electric industry and more open competition in Vermont. "Frank's diverse background should serve us well. The deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. of the natural gas industry took place during Frank's tenure with El Paso Natural Gas," said Central Vermont's chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , Robert H. Young Robert H. Young (March 4 1929 - October 9 1950) was a soldier in the U.S. Army during the Korean War. He was posthumously awarded the Medal of Honor for his actions on October 9, 1950. Medal of Honor citation Rank and organization: Private First Class, U.S. , who will become the company's president and chief executive officer at year's end. Among Boyle's many assignments will be helping the company prepare for restructuring and competition in the electric industry. His work will be important in the company's continuing effort to control costs. Boyle will also research new business ventures in unregulated energy markets, adding to the successful track record of Catamount catamount: see puma. Energy Corp. Catamount, Central Vermont's wholly owned and unregulated subsidiary, invests in power projects throughout North America. Boyle has a master's degree in business administration from Temple University in Philadelphia. He also is a certified public accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. . CONTACT: Bruce Simons, 802/747-5427 or 775-1593 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion