NRG Energy Seeks CFO

(Comment on this article at http://www.financialwire.net/2009/10/21/nrg-energy-seeks-cfo/)

October 21, 2009 (FinancialWire) -- NRG Energy, Inc. (NYSE: NRG) said that its chief financial officer, Robert C. Flexon, is leaving the firm effective November 2 to assume the position of president and CEO of Foster Wheeler AG's 9NASDAQ: FWLT) U.S. subsidiary. NRG's board has named Gerald Luterman interim CFO while the company conducts an internal and external search for a new CFO.

Luterman, who currently sits on the NRG board and its audit committee, served for eight years as CFO of KeySpan, a gas distribution and integrated energy firm, until it was acquired in 2007 by National Grid (NYSE: NGG).

Flexon has served on the Foster Wheeler AG board since 2006.

Princeton, New Jersey-based NRG Energy owns and operates a power generation portfolio that include power plants that provide more than 24,000 megawatts of generation capacity.

NRG's retail business, Reliant Energy, serves more than 1.6 million residential, business, commercial and industrial customers in Texas.

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).

http://www.financialwire.net

Related terms: business, ceo, commercial, electricity, energy, gasoline, industrial, new jersey, nyse, power plant, president, residential, retail, texas, web