PJM Interconnection on Tuesday announced that Andrew L. Ott, president and CEO, is retiring from the organization on June 30, 2019. To ensure a smooth leadership transition, Ott has agreed to serve as an adviser to the PJM Board of Managers through Dec. 31.
“I want to thank Andy for his many contributions since joining PJM in 1996. Andy has served in many capacities, has been instrumental in developing competitive markets, maintaining system reliability and has helped PJM achieve its status as a leader in our industry,” said Dr. Ake Almgren, chairman – PJM Board of Managers. “My colleagues on the board and I look forward to working with Andy to ensure a smooth transition as we begin a search for a new CEO.”
Ott has had a distinguished career with PJM for 22 years. He joined the regional transmission organization in 1996 and helped launch the wholesale energy market in April 1997. Prior to his appointment as president and CEO in 2015, Ott held a number of senior leadership positions.
“It has been a great privilege to serve as CEO and lead an incredibly talented group of professionals,” said Ott. “I am grateful to have worked with such a talented group of people throughout my career at PJM, and I know PJM will continue to move ahead with solid values and integrity.”
The PJM Board of Managers has formed a committee to oversee the search for a new CEO. In the interim, the board has announced that Susan J. Riley, a board member since 2005, will serve as interim CEO, beginning July 1, 2019.
Executive Appointments Announced
PJM also announced several executive appointments effective July 3.
The appointments, among five executives, are designed to realign responsibilities and refine the focus on PJM’s key functions of system reliability, competitive wholesale electricity markets and infrastructure planning.
“We’re ensuring that the structure of the company reinforces our commitment to reliable operations, fair and efficient wholesale markets and infrastructure planning,” said President and CEO Andrew L. Ott. “Each of these promotions helps ensure we continue to be an electric industry leader in areas that are critical for our members, stakeholders and the 65 million people in the region served by PJM.”
Michael E. Bryson has been appointed senior vice president – Operations, and will report to the CEO. Bryson previously was vice president of Operations. He will be an officer of the company.
Bryson, who joined PJM in 1998, is responsible for PJM’s Operations Division, including 24/7 transmission operations for real-time systems, scheduling, transmission dispatch and generation dispatch, reliability coordination, training and engineering analysis.
Bryson earned a Bachelor of Science in general engineering from the United States Military Academy at West Point, a Master of Business Administration from Saint Joseph’s University and a graduate certificate in power engineering from the Worcester Polytechnic Institute.
Frederick S. “Stu” Bresler III has been named senior vice president – Markets and Planning. He previously was senior vice president – Operations and Markets.
Steven Herling, vice president – System Planning, will move to the role of executive consultant, where he will focus on strategic system planning projects.
“A 29-year veteran of PJM, Steve has been integral in developing a robust system planning process aimed at delivering a strong, reliable, economical grid, and we look forward to his continued leadership and contributions as he transitions to this new role,” said Ott.
Kenneth Seiler has been promoted to vice president – Planning, where he will be responsible for the oversight of the System Planning Division, which includes Transmission Planning, Interregional Planning, Interconnection Analysis, Interconnection Projects, Infrastructure Coordination and Resource Adequacy Planning. Seiler previously was executive director – System Planning. He will report to Bresler, senior vice president – Markets and Planning.
Adam Keech has been promoted to vice president – Markets where he will oversee the conduct of all of the wholesale markets operated by PJM, including those for Capacity, Day-Ahead and Real-Time Energy, Ancillary Services and Financial Transmission Rights. Keech previously was executive director – Market Operations. He will also report to Bresler, senior vice president – Markets and Planning.