NYISO restructures leadership team
The New York Independent System Operator’s (NYISO’s) board of directors announced the extension of President and CEO Stephen Whitley’s contract through mid-2016 when he will retire, capping a 46-year career in the energy industry, including eight years as NYISO president and CEO. The board also announced the promotion of two key leaders.
The NYISO is restructuring its leadership team to drive internal efficiencies, expand the scope of its key leaders and best position the company to meet the emerging challenges in the industry. The new structure will ensure the proper focus and leadership on key strategic initiatives and enhance the organization’s ability to proactively address the significant challenges facing the energy industry, including the growing dependence on natural gas, increased penetration of renewable and distributed energy resources and the impact of new environmental regulations on the operations of existing generating units.