Summary
This Form 8-K filing from Northeast Utilities (NU), dated May 19, 2008, reports on a significant executive change within the company. Specifically, on May 13, 2008, the Board of Trustees elected Leon J. Olivier as Executive Vice President and Chief Operating Officer. Mr. Olivier, aged 59, brings extensive experience within NU, having previously held key leadership roles such as Executive Vice President-Operations and President of the Transmission Group. He also serves as the CEO of NU's principal operating subsidiaries, including The Connecticut Light and Power Company and Public Service Company of New Hampshire. This appointment signifies a continuation of leadership from within the existing management structure, suggesting a focus on operational continuity.
Key Highlights
- 1Leon J. Olivier has been elected as Executive Vice President and Chief Operating Officer (COO) of Northeast Utilities (NU).
- 2The election took effect on May 13, 2008.
- 3Mr. Olivier is 59 years old.
- 4He will hold the COO position until the next annual election of officers.
- 5Olivier has a long-standing history with NU, holding various senior positions including Executive Vice President-Operations, Executive Vice President, and President of the Transmission Group.
- 6Since January 2007, he has also been CEO of NU's major operating companies: The Connecticut Light and Power Company, Public Service Company of New Hampshire, Western Massachusetts Electric Company, and Yankee Gas Services Company.
- 7There is no disclosed family relationship between Mr. Olivier and any NU Trustee, Director, or executive officer.