BNET Industries

Northeast Utilities

(NU) is in the Energy Industry

Market Cap:$4.2B
Last Fiscal Year Sales:$5.8B
  • Public
  • US
Dow Jones Description

Holding Company; Electricity Distr

Chairman, President & CEO
Charles W. Shivery
Number of Employees 2,182
Contact Information

107 Selden St

Berlin, Connecticut 06037-1616

www.nu.com

(860) 665-5000

NAICS Code Electric Power Distribution: 221122

Recent Events

  • Northeast Utilities 3Q profit falls 11 pct 40 mins ago

    11/02/09 - Financial Announcement - View Story

  • Areva renews agreement with Northeast Utilities

    10/29/09 - Joint Venture / Alliance - View Story

  • Sourcing and Procurement Strategies for a Changing Economy - A Complimentary Webinar Featuring Northeast Utilities

    10/29/09 - Licensing / Contract - View Story

  • Northeast Utilities Declares Common Dividend

    10/13/09 - Stock Split / Dividend - View Story

  • Wunderlich Securities Inc. initiates coverage of Northeast Utilities at 'buy'

    10/08/09 - Bond / Stock Rating - View Story

  • NU Reports Second Quarter ResultsTransmission Outlook on Track Distribution Outlook Tempered by Economic Conditions, Mild...

    8/06/09 - Financial Announcement - View Story

News & Analysis

northeast utilities - All News and Analysis

  • Northeast Utilities Q2 2008 Earnings Call Transcript

    Seeking Alpha - 2008-08-04

    Question-and-Answer SessionThank you, sir. [Operator Instructions]. Jeffrey R. Kotkin - Vice President of Investor Relations Thank you. Our first question today is from Anthony Crowdell from Jeffries. Anthony? Anthony Crowdell - Jeffries Good morning. Just wanted to know if you could talk a little about the blended ROE in...

    Tags: Northeast Utilities

  • Northeast Utilities Q1 2008 Earnings Call Transcript

    Seeking Alpha - 2008-05-01

    Question-and-Answer SessionThank you, sir. [Operator Instructions] Jeff Kotkin - Vice President Investor Relations We have question from Maury May from Power Insights. Maurice? Maurice May - Power Insights Yes, good afternoon folks, and congratulations on a solid quarter. Jeff Kotkin - Vice President Investor Relations Thank you. Leon J....

    Tags: Northeast Utilities

  • Northeast Utilities Q4 2007 Earnings Call Transcript

    Seeking Alpha - 2008-02-21

    Question-and-Answer SessionThank you sir. At this time, we would like to begin the question and session of the conference. [Operator Instructions] Jeffrey R. Kotkin - Vice President, Investor Relations Thank you. Our first question today is from Anthony Crowdell from Jefferies. Anthony? Anthony Crowdell - Jefferies & Co. Hi,...

    Tags: Northeast Utilities

  • Northeast Utilities Q3 2007 Earnings Call Transcript

    Seeking Alpha - 2007-11-05

    Earnings Call Excerpt Northeast Utilities NU Q3 2007 Earnings Call November 5, 2007 10:00 am ET Executives Jeff Kotkin - IR Lee Olivier - Northeast EVP, Operations Dave McHale - CFO Chuck Shivery - Chairman, CEO, President Presentation Chuck Shivery Thank you and good morning and...

    Tags: Northeast Utilities

  • BNSF Railway VP-Corporate Relations Dick Russack is retiring, after 15 years of service

    - 2006-12-01

    BNSF Railway VP-Corporate Relations Dick Russack is retiring, after 15 years of service. Succeeding him on April 30, 2007, will be Mary Jo Keating, who joined the BNSF staff last month. Keating served previously as VP-corporate communications at Northeast Utilities. She has more than 20 years of experience working in...

    Tags: Campbell Soup Co., E.I. Du Pont de Nemours & Co., Northeast Utilities

Decision Makers

Name (plus bio) Position
Lawrence E. De Simone President
David R. McHale Cfo & Senior Vice President
Leon J. Olivier Executive Vice President, Operations
Gregory B. Butler General Counsel & Senior Vice President
Gregory Bulter Secretary & Senior Vice President
Dana L. Louth Vice President, Services
Jean M. LaVecchia Vice President, Hr
John P. Stack Vice President, Accounting
Kerry J. Kuhlman Secretary & Vice President
Linda A. Jensen Treasurer, Secretary & Vice President
Lisa J. Thibdaue Vice President, Regulatory and Govern Affairs
Mary Jo Keating Vice President, Corp Communications
Randall A. Shoop Vice President & Treasurer
Randy A. Shoop Treasurer & Vice President
Roger C. Zaklukiewicz Vice President
David Driver Managing Director
Michael Thorburn Managing Director
Helen Green Hsq&E Manager
Karen Samide Manager, Marketing Communications
Louise Boag Commercial Manager
Michael Walker Contracts Manager
John M. Boardman Controller
Michael DiPietro Assistant Controller, Accounting Services
Stephen A. Stites Assistant Controller, Taxes
Timothy J. Griffin Assistant Controller, Corporate Accounting
Anne Harding
Daniel P. Venora Assistant Secretary
Don Flynn
Eric Swan
Frederic Klein Secretary
Jeff Tilghman Communications Specialist
Jorge Gelabert
Kay Comendul Assistant Secretary
O. Kay Comendul Assistant Secretary
Patricia Cosgel Assistant Treasurer, Finance
Robert Bersak Assistant Secretary
Robert E Patricelli Trustee
Richard H. Booth Director

Board of Directors

Name (plus bio) Position
Charles W. Shivery Chairman, President & CEO
Alfred F. Boschulte board member
Cotton M. Cleveland Board of Directors
E. Gail Deplanque Board of Directors
Elizabeth T. Kennan Board of Directors
James F. Cordes Board of Directors
John F. Swope Board of Directors
John G. Graham Board of Directors
John H. Forsgren Vice Chairman
Sanford Cloud Jr. Board of Directors
Sanford Cloud Jr. Board of Directors

Organization Position Status
Public Service of New Hampshire (Psnh) Chairman of the Board, President and Chief Executive Officer of Nu Current
Mode 1 Communications, Inc. Chairman, President & CEO Current
Northeast Utilities Chairman, President & CEO Current
The Rocky River Realty Company Chairman, President & CEO Current
Northeast Nuclear Energy Company Chairman, President & CEO Current
Western Massachusetts Electric Company Chairman of the Board, President and Chief Executive Officer of Nu Current
The Quinnehtuk Company Chairman, President & CEO Current
Connecticut Children's Medical Center Corporation Board of Directors Current
Edison Electric Institute Director Current
Electric Power Research Institute, Inc Director Current
Connecticut Children's Medical Center Corporation Vice Chairman Current
NU Enterprises, Inc. CEO Former
Constellation Power Source, Inc. CEO Former
Constellation Energy Source CEO Former
NU Enterprises, Inc. President Former
Constellation Power Source, Inc. President Former
Baltimore Gas & Electric Company Co-President, Constellation Engergy Group Former
Constellation Energy Source Chairman Former
Constellation Power Source, Inc. Chairman Former
Orion Power Holdings, Inc. Director Former
University of Baltimore MBA Former
The Johns Hopkins University Bachelor of Engineering Science Degree Former

Organization Position Status
Northeast Utilities President Current

Organization Position Status
Public Service Company of New Hampshire Cfo & Senior Vice President Current
Western Massachusetts Electric Company CFO & Executive Vice President Current
Northeast Utilities Cfo & Senior Vice President Current
The Connecticut Light & Power Company CFO & Senior Vice President Current
Northeast Utilities Board of Directors Current
Public Service Company of New Hampshire Board of Directors Current
Western Massachusetts Electric Company Board of Directors Current
Northeast Generation Company Vice President & Treasurer Former

Organization Position Status
The Connecticut Light & Power Company CEO Current
Northeast Utilities Executive Vice President, Operations Current
CLP Corporation Executive Officer of Registrant Current
The Connecticut Light & Power Company Board of Directors Current
CLP Corporation Director Current
Northeast Utilities President, Transmission Group Former
The Connecticut Light & Power Company President Former
Northeast Nuclear Energy Company Chief Nuclear Officer Former
The Connecticut Light & Power Company Coo Former
Boston Edison Company Svpâ?? Nuclear Former
Northeast Nuclear Energy Company Senior Vice President Former
Boston Edison Company Nuclear Regulatory Commission Licensed Senior Reactor Operator Former
Lawrence & Memorial Hospital Director Former
Bridgewater State College Doctorate Degree In Public Service Former
Northeastern University MBA Former

Gregory B. Butler, J.D., is senior vice president and general counsel of the Northeast Utilities system (NU). Currently, Butler serves on the Board of Directors of The Mark Twain House & Museum, the Naismith Memorial Basketball Hall of Fame, the Northeast Utilities Foundation, the New England Legal Foundation, and is a committee member of the Energy Bar Association. Previously, Butler held several positions at NU, including secretary, vice president and general counsel, and vice president of governmental affairs. He also served as vice president of federal affairs at New England Electric System and senior counsel at Niagara Mohawk Power Corporation, senior attorney with the United States Department of Justice and associate counsel to the minority leader for the New York State Assembly.

Organization Position Status
Connecticut Health Foundation Senior Vice President and General Counsel of The Northeast Utilities System Current
The Mark Twain House & Museum Senior Vice President, Northeast Utilities Current
Northeast Utilities General Counsel & Senior Vice President Current
CLP Corporation Vice President Current
Madison County Republican Party Chairman Current
The Mark Twain House & Museum Board of Directors Current
Connecticut Health Foundation Board Member Current
Buckingham Congregational Church President Former
Niagara Mohawk Power Corporation Vice President Former
Northeast Utilities General Counsel Former
CLP Corporation General Counsel Former
Niagara Mohawk Power Corporation Senior Counsel Former
United States Department of Justice Senior Attorney Former
Albany Law School of Union University Doctor of Jurisprudence Degree Former
The State University of New York Bachelor’S Degree In History Former

Organization Position Status
Northeast Utilities Secretary & Senior Vice President Current

Organization Position Status
The Connecticut Light & Power Company Vice President, Energy Delivery Services Current
Northeast Utilities Vice President, Services Former
Western Massachusetts Electric Company Former

Organization Position Status
Northeast Utilities Service Company Vice President, HR & Environ Services Current
Northeast Utilities Vice President, Hr Current

Organization Position Status
The Connecticut Light & Power Company Vice President, Accounting & Controller Current
Northeast Utilities Vice President, Accounting Current
Northeast Utilities Board of Directors Current
RCN Metro Optical Networks Controller & Vice President, Finance Former
Western Massachusetts Electric Company Vice President, Accounting & Controller Former
Public Service Company of New Hampshire Vice President, Accounting & Controller Former
Boston College B.S. Former

Organization Position Status
Northeast Utilities Secretary & Vice President Current
Springfield Library Board Member Current
Baystate Medical Center Board Member Current
Northeast Utilities President, Wmeco Former
Northeast Utilities General Manager, Connecticut Light & Power Former
Northeast Utilities Law Clerk Former
Trinity College Master's Degree In Public Policy Former
University of Connecticut School of Law Law Degree Former
University of Connecticut Bachelor of Arts Degree In Political Sciene Former

Organization Position Status
Select Energy Services, Inc. Vice President, Finance Current
Northeast Utilities Treasurer, Secretary & Vice President Current
Reeds Ferry Supply Co. Inc. Treasurer Current
Reeds Ferry Supply Co. Inc. Treasurer Former

Organization Position Status
Northeast Utilities Vice President, Regulatory and Govern Affairs Current
Northeast Utilities Service Company Vice President, Rates, Regulatory Affairs & Compliance Current
Connecticut Water Service, Inc. Board of Directors Current
U.S. Chamber of Commerce Regulatory Committee Member Current
Edison Electric Institute Regulatory Committee Member Current
Northeast Utilities Executive Director Â?? Rates and Regulatory Affairs Former
Michigan State University Bachelor of Arts Degree Former

Organization Position Status
The Connecticut Light & Power Company Vice President, Corp Communications Current
Northeast Utilities Service Company Vice President, Corp Communications Current
Northeast Utilities Vice President, Corp Communications Current

Organization Position Status
Northeast Utilities Vice President & Treasurer Current

Organization Position Status
Northeast Utilities Treasurer & Vice President Current

Organization Position Status
The Connecticut Light & Power Company Vice President, Transmission Projects Current
Northeast Utilities Vice President Current

Organization Position Status
Northeast Utilities Managing Director Current

Organization Position Status
Northeast Utilities Managing Director Current

Organization Position Status
Northeast Utilities Hsq&E Manager Current

Organization Position Status
Northeast Utilities Manager, Marketing Communications Current
The Connecticut Light & Power Company Manager, Communications Current

Organization Position Status
Northeast Utilities Commercial Manager Current

Organization Position Status
Northeast Utilities Contracts Manager Current

Organization Position Status
Northeast Utilities Controller Current

Organization Position Status
CLP Corporation Assistant Controller, Accounting Services Current
Northeast Utilities Assistant Controller, Accounting Services Current

Organization Position Status
CLP Corporation Assistant Controller, Taxes Current
Northeast Utilities Assistant Controller, Taxes Current

Organization Position Status
CLP Corporation Assistant Controller, Corporate Accounting Current
Northeast Utilities Assistant Controller, Corporate Accounting Current

Anne Harding has a long standing belief that the process by which changes are made is sometimes as important as the changes themselves. To that end, although a non-resident, she attended some of the public meetings surrounding the controversial awarding of the cable contract in 2001. Anne bought a house in Turners Falls in 2004, is mostly unpacked and is beginning to be more involved in the community. She has a variety of work experience in academic, non-profit, small business and corporate environments. Anne's positions have included: teacher with Nauset Head Start; administrative director for the River Valley Performing Arts Center; marketing, publicity and LAN management for the Northfield Mountain Environmental & Recreation Center; contract manager for Systems, Software, Support; and trade spending analyst for Light Life Foods. She is currently employed by Northeast Utilities dividing her time between the Northfield Mountain Pumped Storage Station and Cabot Station in Turners Falls. Anne also has a small fiber arts business. A resident of Bernardston from 1989-2003, Anne has a consistent and varied history of long term community service: parent volunteer and PTO member at the Bernardston Elementary School (7 yrs); editor of Bernardston Town Newsletter (5 yrs); teacher and coordinator for the Bernardston Instructional and Family Swim programs (6 yrs); and chairperson of the Bernardston Cultural Council (6 yrs). She believes in conservative fiscal oversight of public monies and was active in budget administration with most of the above groups. Anne is currently the recording secretary for the Pioneer Valley Regional School District and a volunteer with Franklin County Big Brother/Big Sister.

Organization Position Status
Northeast Utilities Current
Montague Community TV Treasurer Current

Organization Position Status
Northeast Utilities Assistant Secretary Current

Organization Position Status
Southeastern Ct Chapter of Score Current
Northeast Utilities Current
Rensselaer Polytechnic Institute MBA Former
University of Cincinnati Bachelor of Science Degree Former

Organization Position Status
Rlw Analytics, Inc. Manager Current
Rlw Analytics, Inc. Western Regional Mngr, Senior Engineer Current
Northeast Utilities Current
Florida Power Corp Current

Organization Position Status
Northeast Utilities Secretary Current
Northeast Utilities Secretary Former

Organization Position Status
Northeast Utilities Communications Specialist Current
Delaware Corporation Chapter Liaison Current
Iabc Heritage Region Treasurer Current
The American National Red Cross Former
Towson University Bachelor's Degree In English Former

Array

Organization Position Status
Project Managers, Inc. Project Manager Current
Snec-PMI Board of Directors Current

Organization Position Status
Northeast Utilities Assistant Secretary Current

Organization Position Status
Northeast Utilities Assistant Secretary Current
Virginia Commonwealth University Associate’S Degree Former

Organization Position Status
Northeast Utilities Assistant Treasurer, Finance Current
Federal Reserve Bank of Boston Financial Positions Former
The University of Iowa Master's Degree In Economics Former
Dickinson College Bachelor of Arts Degree In Economics Former

Organization Position Status
Northeast Utilities Assistant Secretary Current

Organization Position Status
Women's Health USA, Inc. Chief Executive Officer Current
Women's Health Connecticut, LLC Chairman, President and Chief Executive Officer, Women's Health USA Current
Evolution Benefits, Inc. Chief Executive Officer Current
Northeast Utilities Trustee Current
National Academy of Sciences Current
Prodigy Health Group, Inc. Non-Executive Chairman of The Board Current
Evolution Benefits, Inc. Chairman Current
CuraGen Corporation Chairman of the Board Current
454 Life Sciences Corporation Director Current
Wesleyan University Board of Directors Current
Northeast Utilities Director Current
Value Health, Inc. CEO Former
In Vitro Sciences, Inc Chairman and Chief Executive Officer Former
Women and Company Chief Executive Officer Former
Value Health, Inc. President Former
CIGNA Corporation Executive Vice President Former
Women's Health USA, Inc. Founder, Chairman Former
Value Health, Inc. Founder Former
Women's Health Connecticut, LLC Principal Former
In Vitro Sciences, Inc Principal Former
Connecticut General Corporation Former
Columbia/HCA Healthcare Corporation Former
Value Health, Inc. Chairman Former
Women and Company Chairman Former
Harvard Law School J.D. Former
Wesleyan University B.A. Former

Organization Position Status
Leapstone Systems, Inc. Current
Probe Financial Associates, Inc Chairman Current
TranSwitch Corporation Board of Directors Current
Symmetricom, Inc. Board of Directors Current
Northeast Utilities board member Current
NYNEX Vice President, Strategic Planning and Marketing Former
Detecon, Inc. Founder Former
AT&T Inc. Director of Cross Industry Information Systems Former
AirTouch Communications Former
US WEST, Inc. Former
City University of New York M.S. degree in Engineering Former
City College of New York B.S. degree Former
New York Independent System Operator, Inc. member Former

Organization Position Status
Ledyard National Bank President, Mather Associates Current
Northeast Utilities Board of Directors Current
Ledyard National Bank Board of Directors Current
Ngm Insurance Company Director Former
University of New Hampshire B.S. Former

Organization Position Status
Bng America Current
Landauer, Inc. Board of Directors Current
Northeast Utilities Board of Directors Current
U.S. Nuclear Regulatory Commission Commissioner Former
TXU Corp. Board of Directors Former
New York University Ph.D. in Environmental Health Science Former
New Jersey Institute of Technology M.S. in Physics Former

Organization Position Status
Mount Holyoke College President Emeritus Current
The Talbots, Inc. Director Current
National Trust for Historic Preservation Board of Directors Current
University of Notre Dame Board of Directors Current
Northeast Utilities Board of Directors Current
Putnam Investments, LLC Board of Trustees Current
University of Notre Dame Trustee Former
Northeast Utilities Chairman Former
University of Washington Ph.D. Former
University of Oxford M.A. Former
Mount Holyoke College A.B. Former

Organization Position Status
Comerica Incorporated Board of Directors Current
Northeast Utilities Board of Directors Current
Houston Symphony Director Former
University of Nebraska M.S. In Industrial and Management Systems Engineering Former
Creighton University M.B.A. Former
Saint Louis University B.S. Former

Organization Position Status
Northeast Utilities Board of Directors Current
PBS Enterprises, Inc. Director Current
Public Broadcasting Service Director Current
Tabor Academy Board of Directors Current
Public Broadcasting Service Chief Executive Officer Former
Public Broadcasting Service President Former
Yale Law School J.D. Former
Amherst College Bachelor's Degree Former

Organization Position Status
Northeast Utilities Board of Directors Current
Rutgers School of Law Adjunct Professor of Law Former
Viatel (UK) Ltd. Director Former
Rutgers School of Law J.D. Former
Upsala College A.B. Former
Viatel (UK) Ltd. Audit Committee Member Former

Organization Position Status
CuraGen Corporation Chairman Current
Northeast Utilities Vice Chairman Current
The Regents Board of Directors Current
RCN Metro Optical Networks Director Current
The Phoenix Companies, Inc. Director Current
Northeast Utilities Cfo Former
Northeast Utilities Executive Vice President Former
University of Geneva M.S. Former
Columbia University M.B.A. Former
Georgetown University Bachelor of Arts Degree In Economics Former

Organization Position Status
American International Group, Inc. Senior Vice President & Chief Administrative Officer Current
The Hartford Steam Boiler Inspection and Insurance Company Chairman Current
Worldbusiness Capital, Inc Chairman of the Board of Directors Current
Society of Financial Service Professionals Board of Directors Current
Association for Investment Management and Research Board of Directors Current
Metrohartford Alliance Board Member Current
The Hartford Society of Financial Analysts,Inc. Board of Directors Current
St. Francis Hospital Board Member Current
Greater Hartford Board of Directors Current
The Florence Griswold Museum Board Member Current
Northeast Utilities Director Current
American Institute of Certified Public Accountants Member Current
National Association of Corporate Directors Member Current
Society of Financial Service Professionals Member Current
The Hartford Society of Financial Analysts,Inc. Member Current
Association for Investment Management and Research Member Current
Hartford Steam Boiler Inspctn Chief Executive Officer Former
HSB Group, Inc. Chief Executive Officer Former
The Hartford Steam Boiler Inspection and Insurance Company Chief Executive Officer Former
HSB Group, Inc. President Former
Hartford Steam Boiler Inspctn President Former
The Hartford Steam Boiler Inspection and Insurance Company President Former
HSB Associates Inc. President Former
Phoenix Home Life Mutual Insurance Co. Executive Vice President Former
American International Group, Inc. Vice President Former
HSB Group, Inc. Chairman Former
Hartford Steam Boiler Inspctn Chairman Former
Phoenix Home Life Mutual Insurance Co. Director Former
Beverly National Corporation Board of Directors Former
The Hartford Steam Boiler Inspection and Insurance Company Director Former
University of Hartford doctorate Former
University of Hartford Master's Degrees Former
University of Hartford B.S. Former

Sanford Cloud Jr. (Vice Chair) is chairman and CEO of The Cloud Company, LLC. He is a former president of The National Conference for Community Justice (NCCJ). Currently, Cloud serves on the Board of Directors of Northeast Utilities, The Phoenix Companies, Inc., Ironwood Mezzanine Fund LP, the Joint Center for Political and Economic Studies, the Thomas J. Dodd Research Center and the Hartford Courant Foundation. Previously, Cloud held a broad range of professional and philanthropic positions, including partner in the law firm of Robinson & Cole, executive director of the Aetna Foundation, Connecticut state senator and member of the Council on Foundation Board of Directors.

Organization Position Status
Northeast Utilities Board of Directors Current
The Hartford Courant Foundation Board of Directors Current
Connecticut Health Foundation Board of Directors Current
National Conference for Community & Justice President Former

Organization Position Status
The Phoenix Companies, Inc. Chairman and Chief Executive Officer, The Cloud Company, LLC Current
Cloud Co Chief Executive Officer Current
Ironwood Capital Partner Current
Cloud Co Chairman Current
The Phoenix Companies, Inc. Board of Directors Current
Northeast Utilities Board of Directors Current
Aetna Inc. Vice President, Corporate Public Involvement Former
Aetna Foundation, Inc Executive Director Former
Robinson & Cole Llp Partner Former
Howard University Law School J.D. Former
Howard University B.A. Former

Executive News

  • Duke Energy Names Two New Directors

    Reuters - 8/25/09 - View Story

  • Duke Energy adds 2 board members

    Washington Post - 8/25/09 - View Story

  • Duke Energy Names Two New Directors

    PR Newswire - 8/25/09 - View Story

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     NU $23.95 +0.32 (1.35% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 1,415,800
Shares Outstanding 175.46M
Market Cap 4.2B
Year High 25.31
Year Low 19.01
Earnings Per Share 1.90
P/E Ratio 12.61
Dividend 0.95
Yield 3.97
IndustryTop Rated

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