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April 18, 2015 5:44 PM ET


Company Overview of Puget Energy Inc.

Company Overview

Puget Energy, Inc., through its subsidiary, Puget Sound Energy, Inc., operates as a regulated electric and natural gas utility company. It engages in the generation, transmission, and distribution of electricity; and natural gas distribution. The company produces electricity through coal, natural gas combined cycle and co-generation, wind, and hydroelectric resources. It sells electric and natural gas services to residential and commercial customers in a service territory covering approximately 6,000 square miles, primarily in the Puget Sound region of the state of Washington. The company was founded in 1912 and is headquartered in Bellevue, Washington. Puget Energy, Inc. is a subsidiary of ...

10885 NE 4th Street

Suite 1200

Bellevue, WA 98004

United States

Founded in 1912

2,700 Employees



Key Executives for Puget Energy Inc.

Chief Executive Officer, President, Director, Chief Executive Officer of Puget Sound Energy, President of Puget Sound Energy and Director of Puget Sound Energy
Age: 49
Chief Financial Officer, Senior Vice President, Chief Financial Officer of Puget Sound Energy Inc and Senior Vice President of Puget Sound Energy Inc
Age: 56
Chairman of InfrastruX and Chief Executive Officer of InfrastruX
Age: 78
Chief Ethics & Compliance Officer, Senior Vice President and General Counsel
Age: 52
Senior Vice President
Compensation as of Fiscal Year 2014.

Puget Energy Inc. Key Developments

Puget Energy Inc. and Puget Sound Energy Inc. Announce Management Changes

On January 22, 2015, William S. Ayer retired from his position as Chairman of the Board of Directors of each of Puget Energy Inc. and Puget Sound Energy Inc., to be effective immediately. Effective January 22, 2015, the Board of Directors of each of the Companies appointed Melanie J. Dressel as Chairman of the Board of Directors of each of the Companies to replace Mr. Ayer. Also effective January 22, 2015, the sole shareholder of each of the Companies appointed and elected Steven W. Hooper to the Boards of Directors of the Companies. Mr. Hooper will serve on the Audit Committee of each of the Companies. Mr. Hooper is currently the Co-Founder and Partner of Ignition Partners. Prior to founding Ignition Partners, Mr. Hooper was the Co-CEO of Teledesic from 1998 to 2000 and held various leadership positions, including CEO, of Nextlink. Mr. Hooper also currently serves on the boards of directors of Recreational Equipment Inc. and Blucora Inc.

Puget Energy Inc. Reports Earnings Results for the Third Quarter of 2014

Puget Energy Inc. reported earnings results for the third quarter of 2014. For the quarter, net income fell 89% to just $3.1 million, despite revenue that stayed almost flat at $594 million. The reason was not fallen trees, but fallen wholesale prices for natural gas and electricity.

Puget Energy Inc. Presents at 49th Edison Electric Institute Financial Conference, Nov-11-2014 through Nov-14-2014

Puget Energy Inc. Presents at 49th Edison Electric Institute Financial Conference, Nov-11-2014 through Nov-14-2014. Venue: Hilton Anatole, 2201 North Stemmons Freeway, Dallas, TX 75207, United States. Presentation Date(s): Nov-12-2014. Nov-13-2014.

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