July 11, 2018 / 5:41 PM / 2 months ago

Puerto Rico Electric Power Authority names Diaz-Granados as CEO

NEW YORK, July 11 (Reuters) - The Puerto Rico Electric Power Authority said on Wednesday it named former General Electric executive Rafael Diaz-Granados as its new chief executive, replacing Walter Higgins who will remain a member of the board.

Diaz-Granados was an independent member of the deeply indebted utility’s board of governors since July 29, 2017. He will assume his new role on July 15.

Reporting By Daniel Bases and Rodrigo Campos

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