ISO New England Board Chair Steps Down

  ISO New England Board Chair Steps Down

Effective April 25, Chair Kathryn Jackson Leaves ISO New England Board

Business Wire

HOLYOKE, Mass. -- February 20, 2014

ISO New England Inc., the operator of the region’s bulk power system and
wholesale electricity markets, today announced that Kathryn J. Jackson, PhD,
current Chair of the ISO New England Board of Directors, will be leaving the
board effective April 25, 2014. Today, the ISO Board elected board member
Philip Shapiro as Vice Chair of the Board, who will become Chair upon
Jackson’s departure on April 25.

Jackson is leaving the ISO New England Board to join the Board of Portland
General Electric Company of Portland, Oregon, on April 26. Federal
interlocking rules generally prohibit ISO New England board members from
serving on another board that is an unaffiliated public utility.

“We are sorry to see Kate leave the ISO New England Board,” said Phil Shapiro,
Vice Chair of the ISO New England Board. “She has been a very strong
contributor since she joined the Board in 2008, and Kate’s deep experience in
the industry, as well as her skill in working with our broad stakeholder
community on the critical issues facing the region’s electricity
infrastructure, will be missed.”

Mr. Shapiro will become Chairman of the ISO New England Board on April 25. He
has been a member of the Board since 2010 and is currently Chief Financial
Officer of Babson College. Before this, he was a Managing Director of Standard
and Poor’s Rating Group, where he established and supervised their offices in
Boston, Chicago, and Dallas. Mr. Shapiro is a graduate of Amherst College and
holds masters' degrees in Education from the University of Maine and Business
Administration from Boston College.

“Kate has made invaluable contributions to the organization and we will all
miss her,” said Gordon van Welie, ISO New England President and CEO. “We are
fortunate to have an experienced group of directors who collectively have the
broad spectrum of skills needed to help oversee a complex organization facing
many operational challenges.

“We are pleased that Phil will be the next Chair of ISO New England’s Board of
Directors,” continued van Welie. “With his background in finance and
infrastructure, he will be able to work effectively with all the directors to
provide the leadership and guidance needed during this time of great change to
the region’s bulk power system.”

ISO New England elects its board members through a nominating process that
involves representatives from the ISO New England Board of Directors, the New
England Power Pool (NEPOOL), and the New England Conference of Public
Utilities Commissioners, the state regulatory group. Jackson’s replacement on
the Board will be selected through this nominating process.

To learn more about ISO New England’s governance structure, please visit the
ISO New England website: http://www.iso-ne.com/aboutiso/corp_gov/index.html.

Created in 1997, ISO New England is the independent, not-for-profit
corporation responsible for reliably operating New England’s bulk electric
power generation and transmission system, overseeing and ensuring the fair
administration of the region’s wholesale energy markets, and managing
comprehensive regional electric power planning.

Contact:

ISO New England Inc.
Ellen Foley, 413-535-4139
or
Marcia Blomberg, 413-540-4555
or
Lacey Girard, 413-540-4483
 
Press spacebar to pause and continue. Press esc to stop.