Central Hudson Gas & Electric names new executive vice president

CH Energy Group has appointed James Laurito as executive vice president of the holding company and of its utility subsidiary, Central Hudson Gas & Electric, effective November 1, 2009. Mr Laurito will succeed Carl Meyer as president of Central Hudson, effective with Mr Meyer's retirement on December 31, 2009.

Between 2003 and 2009, Mr Laurito served as the president of New York State Electric and Gas Corporation and Rochester Gas and Electric Corporation, as well as president and CEO of RGS Energy Group, all subsidiaries of Iberdrola/Energy East Corporation.

Mr Meyer joined Central Hudson as a junior engineer in 1970 and was promoted to positions of increasing responsibility before his appointment as vice president of engineering and production in 1988. He later served as vice president and senior vice president of customer services before assuming the duties of president in 1999.

Steven Lant, chairman of the board, president and CEO of CH Energy Group, said: "On behalf of the entire organization, I express sincere appreciation to Carl, who served so capably as president and COO of Central Hudson for the past 10 years and for his outstanding 40-year career with our company.

"Jim has established a reputation as a proven senior executive who has been a leader and architect of motivated, cohesive teams that quickly assess problems, address and manage change, cut costs and increase profitability."

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