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Avangrid Inc (AGR.N)

AGR.N on New York Stock Exchange

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14 Dec 2018
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Summary

Name Age Since Current Position

Ignacio Sanchez Galan

67 2006 Chairman of the Board

James Torgerson

65 2015 Chief Executive Officer, Director

John Baldacci

63 2014 Vice Chairman of the Board

Douglas Stuver

55 2018 Chief Financial Officer, Principal Financial Officer and Senior Vice President

Laura Beane

43 2017 President and Chief Executive Officer of Renewables

Daryl Gee

54 2014 Chief Executive Officer of Gas

Douglas Herling

54 2018 President and Chief Executive Officer of CMP

Robert Kump

56 2010 President and Chief Executive Officer of Networks

Anthony Marone

54 2016 President and Chief Executive Officer of UIL

Carl Taylor

53 2017 Corporate Executive

Peter Church

2018 Chief Human Resource Officer

Scott Tremble

38 2018 Senior Vice President - Controller, Principal Accounting Officer

Daniel Alcain

44 2015 Senior Vice President, Controller

Sheila Duncan

53 2015 Senior Vice President – Human Resources & Corporate Administration

Ignacio Estella

48 2015 Senior Vice President – Corporate Development

R. Scott Mahoney

52 2015 Chief Compliance Officer, Senior Principal, General Counsel, Secretary

Jose Sainz Armada

58 2014 Director

Pedro Blazquez

49 2014 Director

Felipe de Jesus Calderon Hinojosa

55 2016 Director

Arnold Chase

66 2015 Director

Santiago Martinez Garrido

49 2015 Director

Juan Carlos Rebollo Liceaga

56 2015 Director

Alfredo Ayub

68 2014 Independent Director

Carol Folt

66 2015 Independent Director

John Lahey

72 2015 Independent Director

Alan Solomont

69 2014 Independent Director

Elizabeth Timm

64 2016 Independent Director

Patricia Cosgel

IR Contact Officer

Biographies

Name Description

Ignacio Sanchez Galan

Mr. Ignacio Sanchez Galan serves as Chairman of the Board of the Company. Since 2006, Mr. Galán has also served as the chairman of the board of directors of Scottish Power Ltd., an energy company in the United Kingdom (“Scottish Power”), since 2007, and as chairman of the board of directors of Neoenergia, S.A., a Brazilian energy company (“Neoenergia”), since 2017, each subsidiaries of Iberdrola, S.A. Mr. Galán holds honorary degrees from the Universities of Salamanca, Edinburgh and Strathclyde, where he is a visiting professor, and is Chairman of the Social Council of the University of Salamanca and a Patron of the Comillas-ICAI University Foundation. He is also on the Presidential CEO Advisory Board of Massachusetts Institute of Technology (MIT). He is a member of the Electricity Cluster at the World Economic Forum (Davos), which he chaired from 2014 to 2016, and is a member of the steering committee and board of the European Round Table of Industrialists. Mr. Galán graduated as an Industrial Engineer from the Escuela Superior de Ingeniería (ICAI) of the Universidad Pontificia Comillas (Madrid). He also holds a degree in Business Administration and Foreign Trade from ICADE of the Universidad Pontificia Comillas (Madrid) and a Degree in General Corporate Management and Foreign Trade from the Escuela de Organización Industrial (EOI) of Madrid.

James Torgerson

Mr. James P. Torgerson serves as Chief Executive Officer and Director of the Company. Mr. Torgerson had been president and chief executive officer and a director of UIL since 2006. Prior to 2006, Mr. Torgerson was president and chief executive officer of Midwest Independent Transmission System Operator, Inc. He is a trustee of the Yale-New Haven Hospital, a director of Yale New Haven Health System, board and executive committee member of the Edison Electric Institute and the American Gas Association, and trustee of the Hartford Bishops’ Foundation. Mr. Torgerson is the former chairman and a director of the Connecticut Business and Industry Association and chairman of the Connecticut Institute for the 21st Century. Mr. Torgerson holds a bachelor’s of business administration degree in accounting from Cleveland State University.

John Baldacci

Mr. John E. Baldacci serves as Vice Chairman of the Board of Directors of the Company. Mr. Baldacci has served as Senior Advisor for Economic Development & Government Relations at Pierce Atwood LLP since 2012, and has served as Chair of the board of the Northeast Midwest Institute since 2016. Mr. Baldacci served as the 73rd Governor of the State of Maine from 2003 until 2011. He previously served as director of the U.S. Department of Defense’s Military Health Care Reform Initiative from 2011 to 2012, and U.S. Representative for Maine’s 2nd Congressional District from 1995 to 2003. Mr. Baldacci is the former Chairman of the board of directors and current board member for Jobs for America’s Graduates, a national nonprofit organization that works to reduce barriers to high school graduation and help students to transition to college. Mr. Baldacci earned a B.A. in History from the University of Maine at Orono.

Douglas Stuver

Mr. Douglas K. Stuver is appointed as Chief Financial Officer, Principal Financial Officer and Senior Vice President of the company effective July 8, 2018. He joined the Corporation in 2015 as managing director, finance of Avangrid Renewables, LLC, and most recently served as Vice President – Controller of Avangrid Renewables, LLC. Mr. Stuver has more than 25 years of experience in the energy industry and, prior to joining the Corporation, served as chief financial officer of PacifiCorp from 2008 to 2015. Mr. Stuver joined PacifiCorp in 2004 as managing director and division controller of its commercial and trading business unit and served as managing director and division controller of PacifiCorp Energy, a division of PacifiCorp, from 2006 until 2008. Among numerous other leadership roles in the industry, Mr. Stuver served as vice president of corporate risk management for Duke Energy Corporation and vice president of risk control and reporting at Duke Energy North America, LLC, a subsidiary of Duke Energy Corporation. Mr. Stuver graduated magna cum laude with a B.A. from University of Pittsburgh and is a Certified Public Accountant (inactive status).

Laura Beane

Ms. Laura Beane is President and Chief Executive Officer of Renewables , a subsidiary of the Company. She was formerly Vice President, Operations and Management Services at Avangrid Renewables from September 2015 to May 2017. Ms. Beane was Director of Market Structure/Policy at Avangrid Renewables from February 2007 to September 2015. Prior to joining Iberdrola/Avangrid Renewables, Ms. Beane worked for the Company’s prior affiliate, PacifiCorp, where she held regulatory and project management positions beginning in 1995. Ms. Beane graduated with distinction from the Comillas and Strathclyde universities as part of Iberdrola’s first MBA program in the Global Energy Industry cohort and has also earned an MBA and Bachelor of Science degree from the University of Utah.

Daryl Gee

Mr. Daryl W. Gee serves as Chief Executive Officer of Gas., a subsidiary of the Company. He has also served as Chief Executive Officer and President of Enstor Energy Services LLC and Enstor, Inc. since 2014, both subsidiaries of AVANGRID. Previously, Mr. Gee served as chief compliance officer and vice president of Gas, Enstor Energy Services LLC and Enstor, Inc. between March, 2013 and May, 2014. From 2002 through March 2013, Mr. Gee served as director of regulatory affairs and director of business development for Enstor, Inc. Mr. Gee holds a bachelor of applied arts and sciences in petroleum land management /petroleum technology and marketing from the Stephen F. Austin State University.

Douglas Herling

Mr. Douglas A. Herling is President and Chief Executive Officer of CMP , a subsidiary of the Company. Mr. Herling also has functional responsibility for AVANGRID’s electrical operations. Previously, Mr. Herling served as Networks vice president – electric operations from 2016 to 2017. From 2001 to 2016 Mr. Herling held various executive management positions at Avangrid Networks and CMP, including vice president – special projects, vice president – engineering & asset management, and engineering and vice president of CMP field operations. Mr. Herling joined CMP in 1985. Mr. Herling earned his Bachelor of Science degree in Marine Engineering from the Maine Maritime Academy.

Robert Kump

Mr. Robert D. Kump is the President and Chief Executive Officer of Networks of the Company. Mr. Kump served as AVANGRID’s Chief Corporate Officer from January 2014 to December 2016. Mr. Kump also has served as a director of AVANGRID’s subsidiaries CMP, NYSEG, and RG&E since 2009, as the President of the Avangrid Management Company, LLC since March 2012, and as the Chief Executive Officer of Avangrid Service Company since October 2009. Mr. Kump held various positions from February 1997 to October 2009 as AVANGRID’s senior vice president and chief financial officer, vice president, controller and chief accounting officer, treasurer and secretary. Mr. Kump also previously held a number of positions at NYSEG from 1986 to 1997, including senior accountant-external financial reporting, director-investor relations, director-financial services, and treasurer. Mr. Kump earned a B.A. in accounting from Binghamton University and is a C.P.A. in New York.

Anthony Marone

Mr. Anthony Marone, III serves as President and Chief Executive Officer of UIL., a Subsidiary of the Company. In this role, he has overall responsibility for Avangrid Networks’ electric and natural gas operating companies in Connecticut and Massachusetts and functional responsibility for AVANGRID’s regulatory and asset management & planning. Mr. Marone also serves as President – Connecticut and Massachusetts Operations of Networks. Previously Mr. Marone served as senior vice president of customer and business services of UIL since May 14, 2013. Mr. Marone served as senior vice president – business services of UI and vice president of business services of UIL from November 16, 2010 to May 2013. Mr. Marone received his master’s degree in engineering and business management from the University of New Haven and a bachelor’s degree in mechanical engineering from the New York Institute of Technology.

Carl Taylor

Mr. Carl A. Taylor is President and Chief Executive Officer of NYSEG and RG&E ., a subsidiary of the Company. Previously, Mr. Taylor served as Vice President of Customer Service of AVANGRID. Mr. Taylor started with NYSEG in 1987 as an electrical engineer in the generation planning area and progressed through positions of increasing seniority in the organization including president of NYSEG Solutions, Inc., a subsidiary of NYSEG. He earned a Bachelor of Electrical Engineering Degree from Rochester Institute of Technology and a Master’s of Business Administration Degree from State University of New York at Binghamton.

Peter Church

Mr. Peter Church is Chief Human Resource Officer of the Company. Church has more than 20 years of broad human resources experience in a variety of business sectors and in multiple HR leadership roles including The Hartford, Aetna and United Technologies. He received a Bachelor's and Master's Degree from the University of Hartford with concentrations in Psychology. He is a member of the National Leadership Council with RAINN, the nation's largest anti-sexual violence organization.

Scott Tremble

Mr. Scott Tremble is appointed as Senior Vice President - Controller, Principal Accounting Officer of the company effective May 1, 2018. He joined the Corporation as chief accounting officer of Avangrid Management Company, LLC, a wholly-owned subsidiary of the Corporation, in 2015, and was responsible for oversight in the areas of consolidation, financial reporting, internal controls, technical accounting, and corporate accounting for the Corporation. From 2015 to 2014, he served as the international controller of Cole Haan LLC. Mr. Tremble started his career at PricewaterhouseCoopers in October 2002 and served various roles, including, most recently, as senior manager in the assurance practice. Mr. Tremble received his B.S. in Accountancy from Bentley University and is a Certified Public Accountant.

Daniel Alcain

Mr. Daniel Alcain serves as Senior Vice President and Controller of the Company. Previously, Mr. Alcain served as the chief financial officer of Scottish Power, from April 2012 until December 2015, and Iberdrola USA, Inc., from December 2009 until March 2012. Mr. Alcain joined the Iberdrola Group in 2001 and worked for four years in Latin America within the Control area. He holds two degrees in economy and law from the University of Valladolid.

Sheila Duncan

Ms. Sheila Duncan is the Senior Vice President – Human Resources & Corporate Administration of the Company. She previously served as human resources and shared services director of Scottish Power from March 2009 until December 2015. She holds a Master of Arts (Hons) from the University of Glasgow and is a chartered fellow of the Institute of Personnel & Development in the UK.

Ignacio Estella

Mr. Ignacio Estella serves is the Senior Vice President – Corporate Development of the Company. Previously, Mr. Estella served as corporate vice president of business origination of Iberdrola from May 2009 until November 2013 and vice president – corporate development of Iberdrola USA, Inc., from December 2013 to December 16, 2015. He served as gas markets development director of Iberdrola between February 2007 and April 2009. Mr. Estella holds a degree in law and business administration from the Universidad Pontificia Comillas and a Master of Public Administration, with concentration in industry analysis and strategic negotiation from Harvard University.

R. Scott Mahoney

Mr. R. Scott Mahoney is the Chief Compliance Officer, Senior Principal, General Counsel and Secretary of the Company. He was appointed Secretary of AVANGRID on January 27, 2016, and previously served as vice president-general counsel and secretary of Networks. Mr. Mahoney has served as AVANGRID’s General Counsel since June 2012. Mr. Mahoney previously served as Deputy General Counsel and Chief FERC Compliance Officer for AVANGRID from January 2007 to June 2012, and previously served in legal and senior executive positions at AVANGRID subsidiaries from October 1996 until January 2007. Mr. Mahoney also serves on the board of directors of the Gulf of Maine Research Institute. Mr. Mahoney earned a B.A. from St. Lawrence University, a J.D. from the University of Maine, a master’s degree in environmental law from the Vermont Law School, and a postgraduate diploma in business administration from the University of Warwick. He has received bar admission to the State of Maine, the State of New York, the U.S. Court of Appeals, the U.S. District Court and the U.S. Court of Military Appeals.

Jose Sainz Armada

Mr. Jose Sainz Armada serves as Director of the Company. Mr. Sáinz Armada has been the Chief Financial and Resources Officer of Iberdrola, S.A. since 2015. Previously, Mr. Sáinz Armada served as Chief Financial Officer from 2004 to 2015. Mr. Sáinz Armada also serves as a member of the board of Scottish Power and Neoenergia. Before joining Iberdrola, S.A., Mr. Sáinz Armada started his professional career at JP Morgan. He then held different positions at Corporación Bancaria de España including serving as its chief financial officer from 1996 to 2000 and then moved to Banco Bilbao Vizcaya Argentaria (“BBVA”), where he was general manager of Asset Management from 2001 to 2002, and managing director of Corporate Value of BBVA from 2000 to 2001. Mr. Sáinz Armada earned a degree in Law and Business Administration from the Catholic Institute of Business Administration from the Universidad Pontificia de Comillas Madrid and a M.B.A. from INSEAD in Fontainebleau, France.

Pedro Blazquez

Mr. Pedro Azagra Blazquez serves as Director of the Company. He previously served as Director of Strategy from 1997 to 2001 and was responsible for corporate development activities of the Iberdrola group from 2001 to 2008. He served as a board member of Iberdrola México, S.A. de C.V, a subsidiary of Iberdrola, S.A. from 2014 until 2016, and currently serves as a board member of Neoenergia. Mr. Azagra Blázquez has served as Professor of Corporate Finance and Mergers and Acquisitions at Universidad Pontificia de Comillas, Madrid, Spain since 1998. Before joining the Iberdrola Group he worked at Morgan Stanley in London and New York in the investment banking division in advisory, equity and debt transactions. He earned a business degree and a law degree from Universidad Pontificia de Comillas and a M.B.A. from the University of Chicago.

Felipe de Jesus Calderon Hinojosa

Mr. Felipe de Jesus Calderon Hinojosa serves as Director of the Company. President Calderón served as the 56th President of Mexico from 2006 to 2012. Since 2012, President Calderón has served as the Chair of The Global Commission on the Economy and Climate. President Calderón also serves as a member of the Policy Advisory Council of the World Business Council for Sustainable Development, president of the Sustainable Human Development Foundation, a member of the board of directors of the World Resources Institute, a member of the visiting committee at the John F. Kennedy School of Government of Harvard University, and as president of the Environment and Sustainability Commission Fédération Internationale de l’Automobile. President Calderón has a law degree from the Escuela Libre de Derecho, a master’s degree in economics from the Instituto Tecnológico Autónomo de México and a master’s degree in public administration from the John F. Kennedy School of Government at Harvard University.

Arnold Chase

Mr. Arnold L. Chase serves as Director of the Company. Mr. Chase currently serves as President and a Director of Gemini Networks, Inc. and Managing Member of Chase Enterprises Holding LLC, Hartford, Connecticut, both of which are privately owned investment holding companies. Mr. Chase previously served as a Director of UIL Holdings Corporation (“UIL”) from 1999 to 2015 and served as the chair of the retirement benefits plans investment committee. Mr. Chase is also a trustee of Connecticut Public Broadcasting, Inc. and Talcott Mountain Science Center and a member of the board of directors of Hartford Hospital. Mr. Chase holds a Bachelor of Science degree in business administration from Babson College.

Santiago Martinez Garrido

Mr. Santiago Martinez Garrido serves as Director of the Company. Since 2016 Mr. Martinez Garrido has served as the Head of Legal Services for Iberdrola, S.A., and served as Deputy Secretary of the Iberdrola, S.A. board of directors since 2015. Mr. Martinez Garrido also currently serves as a member of the board of Neoenergia. Previously, he served as Head of Corporate Legal Services of Iberdrola, S.A. and director, legal counsel, and secretary of the board of directors of Iberdrola Renovables, S.A. Before joining Iberdrola, S.A., Mr. Martinez Garrido served as Chief of Staff of the Minister of Justice of Spain and of the Justice Secretary of State of Spain from 2000 to 2004. Mr. Martinez Garrido has served as the secretary of the board of trustees of the Royal Academy of Jurisprudence and Legislation in Madrid since 2014. Mr. Martinez Garrido is a State Lawyer and has a degree in Law from Universidad Complutense in Madrid, a degree in Business Studies from Colegio Universitario San Pablo in Madrid and a PhD from Universidad Autónoma de Barcelona.

Juan Carlos Rebollo Liceaga

Mr. Juan Carlos Rebollo Liceaga serves as Director of the Company. Since 2010 Mr. Rebollo Liceaga has been Administration and Control Director of Iberdrola, S.A. Mr. Rebollo Liceaga also currently serves as a member of the board and the audit committee of Iberdrola España, S.A., Neoenergia, and Scottish Power. Prior to joining Iberdrola, S.A., Mr. Rebollo Liceaga worked at Arthur Andersen. Mr. Rebollo Liceaga holds a degree in Business Administration from the Universidad Comercial de Deusto.

Alfredo Ayub

Mr. Alfredo Elias Ayub serves as Independent Director of the Company. Mr. Elías Ayub is currently the president of the board of directors of Promociones Metropolis, S.A. de C.V. From 2012 to 2015, Mr. Elías Ayub served as a director of Arcos Dorados Holdings Inc. (NYSE: ARCO). Mr. Elías Ayub previously served as chief executive officer and a director of Federal Electricity Commission, a Mexican state owned electricity company, from 1999 to 2011 and held a number of positions in the state owned industry and energy sector including Deputy Minister of Mines and Basic Industry and Deputy Energy Minister. He previously served as deputy director and director of Universidad Anáhuac’s Engineering School from 1978 to 1981 and a member of the Dean of Students Board of Advisors of Harvard University Business School from 2010 to 2013. Mr. Elías Ayub earned a degree in Civil Engineering from Universidad Anáhuac, in Mexico City, and a M.B.A. from Harvard University.

Carol Folt

Ms. Carol Lynn Folt, Ph.D. serves as Independent Director of the Company. Ms. Folt has been a member of the board of directors and president of the University of North Carolina at Chapel Hill since 2013. Ms. Folt became the 11th Chancellor of the University of North Carolina at Chapel Hill and its 1st female leader on July 1, 2013. Ms. Folt previously served as interim president of Dartmouth College from 2012 to 2013 and provost from 2009 to 2012, among other roles, and was on the faculty in Biology. She holds tenured appointments in the faculties of Biological Sciences and the School of Global Public Health at the University of North Carolina. Ms. Folt earned a bachelors and masters of arts at the University of California, Santa Barbara, and a Ph.D. from the University of California, Davis.

John Lahey

Mr. John L. Lahey serves as Independent Director of the Company. Mr. Lahey currently serves as President of Quinnipiac University in Hamden, Connecticut, a private, coeducational university. Mr. Lahey has also served as a director of Independence Holding Company (NYSE: IHC) since 2006. Mr. Lahey previously served as a Director of UIL from 1994 to 2015, and as its non-executive chair from 2010 until 2015. Mr. Lahey is also a trustee of Yale-New Haven Hospital and a director of the Yale New Haven Health System, The NYC Saint Patrick’s Day Parade, Inc., Standard Security Life Insurance Company of New York, and Alliance for Cancer Gene Therapy. Mr. Lahey holds bachelor’s and master’s degrees from the University of Dayton, a master’s degree from Columbia University, and a Ph.D. from the University of Miami.

Alan Solomont

Mr. Alan D. Solomont serves as Independent Director of the Company. Mr. Solomont has served as Pierre and Pamela Omidyar Dean of the Jonathan M. Tisch College of Civic Life at Tufts University since January 2014. Mr. Solomont has also served on the board of directors of MAPFRE U.S.A. Corp., the U.S. subsidiary of MAPFRE S.A., since February 2014, and as the chairman of the board of directors of the Spain-U.S. Chamber of Commerce since 2013. He served as United States Ambassador to Spain and Andorra from 2009 to 2013. Prior to his posting to Madrid, he was a member of the bipartisan board of directors of the Corporation for National and Community Service beginning in 2000, and he was elected chair in 2009. Mr. Solomont has a B.A. in political science and urban studies from Tufts University and a B.S. in nursing from the University of Massachusetts Lowell.

Elizabeth Timm

Ms. Elizabeth Timm is an Independent Director of the Company. Ms. Timm serves as chair of the board of directors of the Girl Scouts of Maine and as a board member of the Olympia Snowe Leadership Institute and the University of Maine System. She also serves as a member of the Boston Club and its corporate board committee and the leadership counsel of Let’s Get Ready, and as the treasurer of the Maine chapter of the Internal Women’s Forum. Most recently she was a management and financial consultant for RE/MAX By the Bay in Portland until December 2015. From 1998 until 2012, Ms. Timm served as the Maine Market President of the Bank of America (NYSE: BAC) and its predecessor company, Fleet Bank. Ms. Timm served as an independent director of Networks, a wholly-owned subsidiary of the company, and chair of the Networks audit and compliance committee from March 2015 until her election to our board. Ms. Timm holds a Bachelor of Arts degree in Psychology from the University of Maine and an M.B.A. in Business from the University of Southern Maine.

Patricia Cosgel