Printer Friendly

NEW ENGLAND ELECTRIC SYSTEM ANNOUNCES MANAGEMENT CHANGES

 NEW ENGLAND ELECTRIC SYSTEM ANNOUNCES MANAGEMENT CHANGES
 WESTBOROUGH, Mass., Nov. 26 /PRNewswire/ -- New England Electric System (NYSE: NES) (NEES) today announced two management changes to become effective Jan. 1, 1992.
 NEES Treasurer Richard P. Sergel, 42, will become a NEES vice president with responsibilities for rates, economic planning, budgets and load forecasting. Sergel will report to John W. Rowe, NEES president and chief executive officer.
 Named NEES treasurer is Michael E. Jesanis, 35, currently director of corporate finance. Jesanis will report to Alfred D. Houston, NEES senior vice president and chief financial officer.
 NEES vice president Glenn Schleede, 57, is retiring after 10 years of service with the company, effective Feb. 1, 1992.
 Sergel, NEES treasurer since July 1990, joined NEES in 1978 as manager of load forecasting. He became director of rates in 1982 and became a service subsidiary vice president in 1988.
 Jesanis joined NEES in 1983 as financial analyst. In 1984 he became a senior financial analyst and in 1986 became manager of financial planning. Prior to joining NEES, Jesanis was an engineer with Raytheon Company.
 New England Electric System (NEES) is a public utility holding company headquartered in Westborough, Mass. Subsidiaries include three retail operating companies -- Massachusetts Electric Company, which serves 906,000 customers in 146 Massachusetts communities; The Narragansett Electric Company, which serves 314,000 customers in 27 Rhode Island communities; and Granite State Electric Company, which serves 34,000 customers in 21 New Hampshire communities. Other subsidiaries include a wholesale generating company, New England Power Company, which operates 21 generating stations; an oil and gas exploration and fuels company, New England Energy Incorporated; three New England Hydro-Transmission Electric Company, Inc.; a wholesale electric generation company, Naragansett Energy Resources Company; a conservation and energy management services company, NEES Energy, Inc.; and a service company, New England Power Service Company.
 -0- 11/26/91
 /CONTACT: W. Jeffery Dennard, 508-366-9011 (days) or 617-498-9880 (evenings); or Linwood B. Stockwell, 508-366-9011, of New England Electric System/
 (NES) CO: New England Electric System ST: Massachusetts IN: UTI SU: PER


DD-SD -- NE009 -- 7328 11/26/91 13:08 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 26, 1991
Words:348
Previous Article:WAINOCO ANNOUNCES ELECTION OF NEW VICE PRESIDENT
Next Article:HOLIDAY GAS PRICE DOWN 22 CENTS FROM LAST THANKSGIVING
Topics:


Related Articles
NEW ENGLAND ELECTRIC REPORTS 11-MONTH EARNINGS
NEW ENGLAND POWER COMPANY ANNOUNCES PARTIAL RATE CASE SETTLEMENT
NEW ENGLAND ELECTRIC SYSTEM RECEIVES PRESIDENT'S ENVIRONMENT AND CONSERVATION CHALLENGE AWARD; THE NATION'S HIGHEST ENVIRONMENTAL HONOR
NEW ENGLAND ELECTRIC SYSTEM COMPANIES ANNOUNCE NEW INTERNATIONAL SUBSIDIARY
NEW ENGLAND POWER COMPANY COMMITS TO WINDPOWER, OTHER RENEWABLE ENERGY
CHARLES E. SOULE ELECTED NEW ENGLAND ELECTRIC SYSTEM DIRECTOR
NEW ENGLAND ELECTRIC RECEIVES APPROVAL ON 'GREEN RFP' RENEWABLE ENERGY PROJECTS
New England Electric System and Eastern Enterprises Form Retail Energy Marketing Joint Venture
NEES Purchases Eastern Enterprises' Share of AllEnergy Marketing Company, L.L.C.
Energy East Calls for FERC to Stay the Course: A Three-Region RTO for New York, PJM and New England is Best.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters