Summary
Dominion Energy, Inc. (D) has announced changes to its Board of Directors, effective December 1, 2023. Two long-serving directors, Ronald W. Jibson and Michael E. Szymanczyk, are retiring in 2024, continuing their service until the 2024 Annual Meeting of Shareholders. This transition brings new expertise to the board with the election of Ms. Vanessa L. Allen Sutherland and Mr. Paul M. Dabbar. Ms. Sutherland brings extensive experience in government affairs, legal counsel, and corporate governance, with prior roles at Phillips 66 and Norfolk Southern, as well as significant public sector experience. Mr. Dabbar offers expertise in quantum technology, energy policy, investment banking within the energy sector, and a background in nuclear engineering. These appointments aim to enhance the board's capabilities in key strategic areas, including technology, public policy, and risk oversight.
Key Highlights
- 1Retirement of Directors Ronald W. Jibson and Michael E. Szymanczyk in 2024.
- 2Election of Vanessa L. Allen Sutherland and Paul M. Dabbar to the Board of Directors, effective December 1, 2023.
- 3Ms. Sutherland brings expertise in legal, government affairs, and corporate governance from Phillips 66 and Norfolk Southern.
- 4Mr. Dabbar adds expertise in quantum technology, energy policy, and investment banking from Bohr Quantum Technology Corp. and previous DOE roles.
- 5Ms. Sutherland appointed to the Audit Committee.
- 6Mr. Dabbar appointed to the Finance and Risk Oversight Committee.
- 7New directors will serve until the 2024 Annual Meeting of Shareholders and will be compensated according to the Non-Employees Directors Compensation Plan.