Dynegy Appoints Chief Commercial Officer
HOUSTON -- February 12, 2013
Dynegy Inc. (NYSE:DYN) announced that Hank Jones will join Dynegy as Executive
Vice President and Chief Commercial Officer. Mr. Jones will be responsible for
Dynegy’s commercial and asset management functions for our power generation
business. In addition, Mr. Jones will lead a team that develops and executes
both hedging and term contracting options for the entire fleet.
"Hank is an outstanding addition to the team. With more than 25 years in the
energy sector, he brings in-depth commercial expertise and extensive industry
experience," said Robert C. Flexon, Dynegy's President and CEO. "Hank is a
proven leader and great fit with the Dynegy leadership team. He has
successfully built and run commercial operations in the past. The Dynegy
management team and I are looking forward to working with Hank as we continue
to grow our operations."
Mr. Jones, 52, has served as Managing Director, North American Power and Gas
Sales, Trading and Origination for Deutsche Bank since 2010. He previously
held various key commercial roles at EDF Trading (EDFT), AEP Energy Services
and Duke Energy Corporation. Mr. Jones also ran his own energy consulting
business and was Director and Chairman of Renewable Fuel Supply Ltd., a
renewable fuels business in the UK providing alternative fuels to coal-fired
power stations in Western Europe, prior to joining EDFT. Mr. Jones will serve
on Dynegy's executive management team and report to Robert C. Flexon.
Dynegy's subsidiaries produce and sell electric energy, capacity and ancillary
services in key U.S. markets. The Dynegy Power, LLC power generation portfolio
consists of approximately 6,771 megawatts of primarily natural gas-fired
intermediate and peaking power generation facilities. The Dynegy Midwest
Generation, LLC portfolio consists of approximately 2,980 megawatts of
primarily coal-fired baseload power plants.
Katy Sullivan, 713.767.5800
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