BNET Industries

Market Cap:$6.4B
Last Fiscal Year Sales:$6.8B
  • Public
  • US
Dow Jones Description

NRG Energy, Inc., a Fortune 500 company, owns and operates one of the country`s largest and most diverse power generation portfolios. NRG`s 48 plants provide approximately 24,000 megawatts of generation capacity-enough to power nearly 20 million homes. In November 2007, NRG won two of the industry`s highest honors-Platts Industry Leadership and Energy Company of the Year awards. Headquartered in Princeton, NJ, NRG is a member of the U.S. Climate Action Partnership (USCAP), a group of business and environmental organizations calling for mandatory legislation to reduce greenhouse gas emissions.

President and CEO
David W. Crane
Number of Employees 3,526
Contact Information

211 Carnegie Center

Princeton, New Jersey 08540-6213

www.nrgenergy.c...

(609) 524-4500

NAICS Code Electric Bulk Power Transmission and Control: 221121

Recent Events

  • Hires and fires through Dec. 10

    12/10/09 - Board Member - Entering - View Story

  • NRG buys big solar project in California

    11/28/09 - Merger / Acquisition - View Story

  • NRG Energy Inc announces dividend payment of USD10 per share

    11/26/09 - Stock Split / Dividend - View Story

  • Stock Picks: TIF Up; NRG Energy down

    11/25/09 - Bond / Stock Rating - View Story

  • Nuclear-Lite

    12/03/09 - Joint Venture / Alliance - View Story

  • UPDATE: First Solar Sells California Solar Farm To NRG Energy

    11/23/09 - Merger / Acquisition - View Story

  • First Solar sells Blythe project to NRG

    11/23/09 - Joint Venture / Alliance - View Story

  • First Solar Sells Solar Energy Project To NRG Energy - Update

    11/23/09 - Merger / Acquisition - View Story

  • First Solar Sells California Solar Power Project to NRG21 Megawatt Blythe Project is California's Largest...

    12/01/09 - Merger / Acquisition - View Story

  • A power struggle between two American electricity giants (Jul 9th)

    11/19/09 - Merger / Acquisition - View Story

  • Bluewater sale shows strength

    11/19/09 - Merger / Acquisition - View Story

  • Offshore Wind Power Capacity Estimates Rise, Yet Support Seems Weak

    11/13/09 - New Investment - View Story

  • NRG Energy acquires Bluewater Wind

    11/12/09 - Merger / Acquisition - View Story

  • Power earnings roundup: PG&E, AEP, Allegheny, NRG among those posting on busy day

    10/29/09 - Financial Announcement - View Story

  • Jefferies & Co. lowers NRG Energy Inc. to 'hold'

    10/21/09 - Bond / Stock Rating - View Story

  • Earnings Preview: Exelon to post 3Q results

    10/22/09 - Merger / Acquisition - View Story

  • NRG CFO to depart, Luterman named interim CFO

    10/20/09 - Mgmt. Change Entering - CFO - View Story

News & Analysis

nrg energy inc. and stock - All News and Analysis

Decision Makers

Name (plus bio) Position
David W. Crane President and CEO
Scott J. Davido Regional President
Clint Freeland Chief Financial Officer
Denise Wilson Executive Vice President and Chief Administrative Officer
James J. Ingoldsby Vice President & Chief Accounting Officer
Kevin T Howell Executive Vice President & Chief Administrative Officer
Michael Liebelson Executive Vice President & Chief Development Officer, Low-Carbon Technology
Robert C. Flexon Executive Vice President & Chief Operating Officer
Drew Murphy Executive Vice President and General Counsel
J Andrew Murphy Executive Vice President and Regional President, Northeast
John Brewster Executive Vice President, Plant Operations and Development Engineering and Procurement
John W. Ragan Executive Vice President and Regional President, Northeast
Jonathan Baliff Executive Vice President, Strategy
Steven C. Winn Executive Vice President, Mergers and Acquisitions
Thad Hill Executive Vice President and Regional President of Nrg Texas
Jan C Paulin Senior Vice President
Jeff Baudier Senior Vice President, Reg President, South Central
Mauricio Gutierrez Senior Vice President, Commercial Operations
Steve Hoffmann Senior Vice President & President, Western Region
Carolyn Burke Vice President
Christine Jacobs Vice President, Plant Operations
Christopher S. Sotos Vice President & Treasurer
Robert J. Brown Vice President
Robert K. Henry Vice President, Business Operations
Tim O'Brien Vice President
Tom May Vice President, Commercial Operations
Tom Richardson Managing Director, Australia
Michael Bramnick Senior Vice President, General Counsel
Thomas Osteraas Senior Counsel

Board of Directors

Name (plus bio) Position
Howard E. Cosgrove Chairman
Anne C. Schaumburg Board of Directors
Gerald Luterman Board of Directors
Herbert H. Tate Board of Directors
John F. Chlebowski Board of Directors
Kathleen McGinty Board of Directors
Kirbyjon H. Caldwell Board of Directors
Lawrence S. Coben Board of Directors
Maureen J. Miskovic Board of Directors
Paul William Hobby Board of Directors
Stephen L. Cropper Board of Directors
Thomas H. Weidemeyer Board of Directors
Walter R. Young Board of Directors
William E. Hantke Board of Directors

Mr. Crane has served as the President, Chief Executive Officer and a director of NRG since December 2003. Prior to joining NRG, Mr. Crane served as Chief Executive Officer of International Power plc, a UK-domiciled wholesale power generation company, from January 2003 to November 2003, and as Chief Operating Officer from March 2000 through December 2002. Mr. Crane was Senior Vice President — Global Power New York at Lehman Brothers Inc., an investment banking firm, from January 1999 to February 2000, and was Senior Vice President — Global Power Group, Asia (Hong Kong) at Lehman Brothers from June 1996 to January 1999. Mr. Crane holds a Bachelor of Arts degree from Princeton University's Woodrow Wilson School of Public and International Affairs and a Juris Doctor degree from Harvard Law School.

Organization Position Status
NRG Energy, Inc. President and CEO Current
Presidential Forum On Renewable Energy CEO: Nrg Energy, Inc. Current
Presidential Forum On Renewable Energy Board of Directors Current
NRG Energy, Inc. Board of Directors Current
International Power plc Chief Executive Officer Former
Lehman Brothers Holdings Inc. Senior Vice President Former
Harvard Law School Juris Doctor Degree Former
Princeton University Bachelor of Arts degree Former

Organization Position Status
NRG Energy, Inc. Regional President Current
NRG Energy, Inc. Executive Vice President & Ne Reg President Current
Calpine Corporation CFO Former
Calpine Corporation Executive Vice President Former
NRG Energy, Inc. General Counsel Former
Stage Stores, Inc. Audit Committee Chairman Former
NRG Energy, Inc. Board Chairman Former
Stage Stores, Inc. Director Former
NRG Energy, Inc. Secretary Former
Case Western Reserve University Jd Former
Case Western Reserve University Bachelors Degree Former
Stage Stores, Inc. member Former

Organization Position Status
NRG Energy, Inc. Chief Financial Officer Current
NRG Texas, LLC Vice President Former
NRG Texas, LLC Director, Finance Former
NRG Energy, Inc. Director, Finance Former
NRG Texas, LLC Treasurer Former
NRG Energy, Inc. Treasurer Former
Vanderbilt University MBA In Finance Former
The University of the South Bachelor of Arts Degree In Political Science Former

Ms. Wilson has been Executive Vice President and Chief Administrative Officer (CAO) since September 2008. As CAO, Ms. Wilson oversees several key corporate functions including Human Resources, Investor Relations, Communications and Information Technology. Prior to joining NRG, she served as Vice President, Human Resources Operations with Metris Companies Inc. and Director, Human Resources with General Electric ITS.

Organization Position Status
NRG Energy, Inc. Executive Vice President and Chief Administrative Officer Current
Nash-Finch Company Senior Vice President Human Resources Current
NRG Energy, Inc. Chief Administrative Officer Former
NRG Energy, Inc. Executive Vice President Former
NRG Energy, Inc. Vice President, Hr Former
Metris Companies Inc. Vice President, Human Resources Operations Former
NRG Energy, Inc. Executive Director, International Former
NRG Energy, Inc. Principal Consultant Former
University of Minnesota Master of Arts Degree In Industrial Relations Former
University of Minnesota Bachelor of Science Degree In Education Former

Mr. Ingoldsby has been Vice President and Chief Accounting Officer since March 2008. He is responsible for directing NRG’s financial accounting and reporting activities, as well as the financial planning and analysis function. Since August 2006, Mr. Ingoldsby served as Vice President, Financial Planning and Analysis. From May 2004 to July 2006, Mr. Ingoldsby served as NRG’s Vice President and Controller. Mr. Ingoldsby, who led the Sarbanes-Oxley implementation at chemical company Hercules, Inc., previously held various executive positions at GE Betz, formerly BetzDearborn from 1993 to 2003, including serving as Controller and Director of Business Analysis and Director of Financial Reporting. He also held various staff and managerial accounting and auditing positions at Mack Trucks, Inc. from 1982 to 1993. Mr. Ingoldsby began his career with Deloitte and Touche. Mr. Ingoldsby, a Certified Public Accountant, holds a Bachelor of Arts in Accounting and Business Administration from Muhlenberg College in Allentown, Pennsylvania and a Master of Business Administration from Lehigh University in Bethlehem, Pennsylvania.

Organization Position Status
NRG Energy, Inc. Vice President & Chief Accounting Officer Current
NRG Incorporated Current
NRG Energy, Inc. Vice President, Finance Planning & Analysis Former
Financial Reporting, Inc Controller and Director of Business Former
Mack Trucks, Inc. Staff and Managerial Accounting and Auditing Positions Former
NRG Texas, LLC Controller Former
NRG Energy, Inc. Controller Former
Mack Trucks, Inc. Auditing Positions Former
Hercules Incorporated Led the Sarbanes, Oxley Implementation Former
NRG Energy, Inc. Board of Directors Former
Lehigh University Master of Business Administration Degree Former
Muhlenberg College Bachelor of Arts Degree In Accounting and Business Administration Former
Muhlenberg College Business Administration Former

Mr. Howell has served as Executive Vice President, Commercial Operations since August 2005 and is responsible for the commercial management of the North America asset portfolio. Prior to joining NRG, he served as President of Dominion Energy Clearinghouse since 2001. From 1995 to 2001, Howell held various positions within Duke Energy companies including Senior Vice President of Duke Energy Trading and Marketing, Senior Vice President of Duke Energy International, and most recently, Executive Vice President of Duke Energy Merchants where he managed a global trading group dealing in refined products, LNG and coal. Prior to his five years at Duke, Howell worked in a variety of trading, marketing and operations functions at MG Natural Gas Corp., Associated Natural Gas and Panhandle Eastern Pipeline.

Organization Position Status
NRG Energy, Inc. Executive Vice President & Chief Administrative Officer Current
NRG Texas, LLC Executive Vice President, Commercial Operations Current
Duke Energy International Executive Vice President of Duke Energy Merchants Former
Duke Energy Corporation Senior Vice President, Trading and Marketing Former
Panhandle Eastern Pipeline Company Trading, Marketing and Operations Functions Former

Mr. Liebelson joined NRG in April 2008 as Chief Development Officer, Low-Carbon Technology. Mr. Liebelson has over 25 years of experience developing and financing independent power projects, and commercializing process and power generation technologies. Most recently, he has been involved in various initiatives and regulatory efforts in the power generation area, including coal gasification, and carbon capture and sequestration. In 1990, Mr. Liebelson cofounded LS Power Corporation, which he co-managed for 8 years, successfully developing and financing several utility-scale independent power projects. Mr. Liebelson received a Bachelor of Sciences in Chemical Engineering from the University of California at Berkeley and a Masters in Business Administration (majoring in Finance) from the Wharton School of the University of Pennsylvania.

Organization Position Status
NRG Energy, Inc. Executive Vice President & Chief Development Officer, Low-Carbon Technology Current
Zolaris Biosciences Chief Executive Officer Former
LS Power Co-CEO Former
Wharton Graduate School of the University of Pennsylvania MBA Former
University of California, Berkeley B.S., Chemical Engineering Former

Mr. Flexon has been Executive Vice President (EVP) and Chief Financial Officer (CFO) since February 2009. In this capacity, he manages NRG’s corporate financial and control functions including Treasury, Accounting, Tax, Risk, Credit Management and Insurance programs. He previously served as EVP and Chief Operating Officer of NRG from March 2008 to February 2009, overseeing NRG’s Plant Operations, Commercial Operations, Environmental Compliance and Risk teams, as well as the Engineering, Procurement and Construction division. Prior to this, Mr. Flexon served as EVP and CFO from March 2004 to March 2008. Prior to joining NRG, from June 2000 to March 2004, he was Vice President, Corporate Development & Work Process and Vice President, Business Analysis and Controller of Hercules, Inc. Mr. Flexon also held various financial management positions from 1987 to June 2000, including General Auditor, Franchise Manager and Controller, during his 13 years with Atlantic Richfield Company. He began his career with the former Coopers & Lybrand public accounting firm. Mr. Flexon holds a Bachelor of Science degree in Accounting from Villanova University. He is a Certified Public Accountant.

Organization Position Status
NRG Energy, Inc. Executive Vice President & Chief Operating Officer Current
Foster Wheeler Ltd. Board of Directors Current
Hercules Incorporated Vice President, Corporate Development Former
Hercules Incorporated Controller Former
Villanova University Bachelor of Science Degree In Accounting Former

Organization Position Status
NRG Texas, LLC Executive Vice President Current
NRG Energy, Inc. Executive Vice President and General Counsel Current
NRG Texas, LLC General Counsel Former
The George Washington University Juris Doctor Degree Former
Harvard College Bachelor of Arts Degree Former
The George Washington University Degree Former

Drew Murphy has been Executive Vice President and Regional President, Northeast since February 2009. He previously served as NRG’s Executive Vice President and General Counsel from December 2006 to February 2009. Prior to joining NRG, Mr. Murphy was the partner in charge of the energy practice at the law firm of Hunton & Williams where he represented issuers, developers, investors and lenders in a wide variety of US and cross-border energy projects and structured financings. His expertise includes supporting various development projects and financings including coal- and gas-fired power plants, transmission lines, gas storage facilities, waste-to-energy facilities, water treatment facilities and renewable energy projects. Mr. Murphy has a Bachelor of Arts degree from Harvard College and a Juris Doctor degree from George Washington University.

Organization Position Status
NRG Energy, Inc. Executive Vice President and Regional President, Northeast Current
The George Washington University Juris Doctor Degree Former
Harvard College Bachelor of Arts Degree Former

Organization Position Status
NRG Energy, Inc. Executive Vice President, Plant Operations and Development Engineering and Procurement Current
NRG Texas, LLC Regional President, South Central Region Former
NRG Energy, Inc. Regional President Former
NRG Texas, LLC Executive Vice President, Development Engineering, Procurement and Construction Former
NRG Energy, Inc. Executive Vice President, International Operations and President, South Central Region Former
NRG Louisiana Generating LLC Vice President, North American Operations Former

John Ragan was appointed, effective December 18, 2006, Executive Vice President and Regional President, Northeast. Prior to joining, Mr. Ragan was Vice President of Trading, Transmission, and Operations at FPL Energy. Prior to this role, he served as Vice President of Business Management for FPLE s Northeast Region. Ragan has more than 20 years of experience in the energy industry, including serving as Senior VP and Chief Executive Officer of Mirant s International Group where he led operations in five countries and managed 3,450 MW of generation and integrated utility assets. Prior to working internationally, he served in various domestic roles during his eight years at Mirant/Southern Energy, including Senior Vice President of Commercial Operations for the company s North American trading and asset portfolio. Mr. Ragan has a bachelor s and master s degree in of science from West Virginia University. He also holds a master s degree in business administration from Tulane University, AB Freeman School of Business.

Organization Position Status
NRG Energy, Inc. Executive Vice President and Regional President, Northeast Current
ISO New England Conference Board of Directors Current
NRG Energy, Inc. Regional President, Northeast Former
NRG Texas, LLC Regional President, Northeast Former
NRG Texas, LLC Executive Vice President Former
FPL Energy, LLC Vice President of Trading Former
Getty Oil Company Former
West Virginia University Master's Degree In Science Former
Tulane University Master’S Degree In Business Administration Former
West Virginia University Bachelor's Former

Mr. Baliff joined NRG as Executive Vice President, Strategy in May 2008. Prior to joining NRG, Mr. Baliff served as Managing Director of Credit Suisse's Global Energy Group, where he advised electric utility and independent power companies on more than $70 billion of mergers and acquisition assignments and $30 billion in project and corporate financings since 1996. He also headed up the Credit Suisse Global Business Development Council--an internal group of executives focused on new product development. Mr. Baliff started his business career in JP Morgan's Natural Resources Group. Prior to this, Mr. Baliff was an officer in the US Air Force for 8 years flying F-4G fighter-bomber aircraft in the Philippines, Germany and the Gulf region. Mr. Baliff earned a Bachelor of Aerospace Engineering degree from the Georgia Institute of Technology and graduated with a Masters in Foreign Service (majoring in International Finance) from Georgetown University.

Organization Position Status
NRG Energy, Inc. Executive Vice President, Strategy Current

Organization Position Status
NRG Energy, Inc. Executive Vice President, Mergers and Acquisitions Current
NRG Texas, LLC Regional President Former
NRG Texas, LLC Executive Vice President Former
NRG Energy, Inc. Executive Vice President, Strategy, Env and New Business Former

Organization Position Status
NRG Texas, LLC Regional President Current
Calpine Corporation Executive Vice President and Chief Commercial Officer Current
NRG Energy, Inc. Executive Vice President and Regional President of Nrg Texas Current
NRG Texas, LLC Executive Vice President Former
Vanderbilt University Bachelor of Science Degree Former

Organization Position Status
NRG Energy, Inc. Senior Vice President Current
NRG Texas, LLC Senior Vice President Current
Padoma Wind Power LLC Co-Founder, President and CEO, Padoma Wind Power Llc and Senior Vice President Current
Seawest Windpower Inc. CEO Former
Padoma Wind Power LLC President Former
Seawest Windpower Inc. President Former
Seawest Windpower Inc. First Vice President Former
Seawest Windpower Inc. Member of the Board of Directors Former
Southern Methodist University Master of Laws In International Comparative Law Former
Georgetown University Additional Studies In U.S. and International Law Former

Mr. Baudier was named Senior Vice President and Regional President, South Central Region in December 2006. He manages the asset portfolio for this region and most recently served as its General Counsel, a position he held since April 2005. Prior to joining NRG, Mr. Baudier was a Special Counsel and Partner from March 2001 to March 2005 with the New Orleans-based law firm Jones Walker. In private practice he represented public and closely-held companies in transactions and dispute resolution related to various aspects of the energy industry. Mr. Baudier also served from May 1993 to October 1998 and again from March 2000 to March 2001 as a Senior Attorney at Texaco, Inc., focusing on oil and gas exploration and development projects both domestically and abroad. From November 1998 to February 2000, he practiced with the Lafayette, Louisiana law firm of Caffery, Oubre, Dugas and Campbell.

Organization Position Status
NRG Energy, Inc. Senior Vice President, Reg President, South Central Current
NRG Energy, Inc. Regional President, South Central Region Former
NRG Texas, LLC Regional President, South Central Region Former
NRG Texas, LLC Senior Vice President Former
Jones Walker Partner Former
Texaco Senior Attorney Former
NRG Energy, Inc. General Counsel Former
NRG Texas, LLC General Counsel Former
Loyola University Juris Doctor Degree Former
University of New Orleans BA In English Former

Mauricio Gutierrez has been Executive Vice President, Commercial Operations, since January 2009. He previously served as Senior Vice President, Commercial Operations, from March 2008 to February 2009. In this capacity, he is responsible for the commercial management of the North America asset portfolio as well as the real time operations, origination and structuring for the Company. Prior to this, Mr. Gutierrez served as Vice President Commercial Operations Trading. Prior to joining NRG, he held various positions within Dynegy including Managing Director for the Southeast and Texas regions and Senior Trader east power. Prior to Dynegy, Mr. Gutierrez served as senior consultant and project manager involved in various energy and infrastructure projects in Mexico. He has served in the Board of the National Chamber of Consulting Firms in Mexico. Mr. Gutierrez has a Bachelor’s degree in Industrial Engineering from Universidad Panamericana and a Master’s degree in Mineral and Petroleum Economics from the Colorado School of Mines and the French Petroleum Institute

Organization Position Status
NRG Energy, Inc. Senior Vice President, Commercial Operations Current

Mr. Hoffmann has been Senior Vice President and President of NRG s West Region since May 2006. He is responsible for leading the management and development activities for the West Region. Prior to that, he led the West Region s business development and origination efforts. Mr. Hoffmann joined NRG in 2001 as General Manager of San Diego Energy Center, following 28 years in key business development and industrial sales roles with such power and gas companies as Energy Masters International, Planergy International, Reliant Energy and Utilicorp.

Organization Position Status
NRG Energy, Inc. Senior Vice President & President, Western Region Current
NRG Energy, Inc. President, Western Region Former
NRG Energy, Inc. General Manager, San Diego Energy Center Former
Coe College Bachelor of Arts Degree In Biology Former

Organization Position Status
NRG Energy, Inc. Vice President Current
NRG Texas, LLC Vice President Current
NRG Energy, Inc. Controller Current
NRG Texas, LLC Executive Director, Financial Planning and Analysis Former
NRG Energy, Inc. Executive Director, Financial Planning and Analysis Former
Yale University Executive Director of Financial Administration Former
Analysis, Inc. Executive Director Former
NRG Texas, LLC Controller Former
University of Chicago Master of Business Administration Degree In Finance Former
Wellesley College Bachelor of Arts Degree In Economics and Political Science Former

Organization Position Status
NRG Energy, Inc. Vice President, Plant Operations Current
ARAMARK Corporation Executive Vice President, Facility Services Former
Stanford University Master of Business Administration Former

Organization Position Status
NRG Energy, Inc. Vice President & Treasurer Current

Mr. Brown is a former VP and Managing Director, Europe-Middle East for NRG Energy Inc., the third largest IPP developer in the world. He is also former Head of Power Generation, UK and International for British Gas. In this capacity, Mr. Brown developed a portfolio of gas fired power generation stations in the UK and international independent electricity markets. Mr. Brown has extensive experience and expertise in creating and developing business opportunities in connection with power generation facilities in Europe and the Middle East.

Organization Position Status
NRG Energy, Inc. Vice President Current
Petroquimica Colombiana S.A. Petco's Managing Director Current
Petroquimica Colombiana S.A. Board of Directors Current
NRG Energy, Inc. Managing Director, Europe Former

Robert K. Henry is executive vice president and chief operating officer of Harris Corporation. In this role, Mr. Henry oversees the company’s government businesses in addition to providing leadership to a broad group of corporate functions, including research and development, technology transfer, acquisition integration, facilities, supply chain management, manufacturing, information systems, government affairs, contracts, and security. Mr. Henry joined Harris Corporation in 1997 as vice president–general manager of the former Government Communications Systems Division (GCSD), which developed and produced ground-based, terrestrial, and satellite communication systems; electronic warfare simulation and evaluation systems; networks for command, control, communication, and intelligence applications; and high-technology applications for special systems. In 2003, he was named senior vice president of Harris Corporation and president of GCSD, and in 2006, he was promoted to the position of executive vice president of the company and president of GCSD. Prior to joining Harris, Mr. Henry was vice president of Engineering for Sanders, a Lockheed Martin company headquartered in Nashua, New Hampshire. He held positions of increasing responsibility during his career there, including vice president–general manager of the Information Systems Division. Mr. Henry has a broad technical, business, and operations background with 34 years in the aero-space and defense industry, including 8 years with the Department of Defense (U.S. Army Communications Command) and the Defense Communications Agency. Mr. Henry has a B.S.E.E. degree from the University of Pittsburgh, and a master’s degree in management from Frostburg University. He is a member of the Air Force Association, the Armed Forces Communications and Electronics Association, the Navy League of the United States, the National Defense Industrial Association, the Security Affairs Support Association, the Association of the United States Army, the United States Space Foundation, the Aerospace Industries Association, the National Association of Manufacturers, and the Manufacturers Alliance/MAPI. He is a former chairman of the board for the Astronauts Memorial Foundation and he currently serves on the Board of Directors for MILCOM through 2009.

Organization Position Status
Harris Corporation - Government Communications Systems Division President Current
Harris Corporation Executive Vice President and Chief Operating Officer Current
NRG Energy, Inc. Vice President, Business Operations Current
Portfolio Management, Inc. Head Current
Harris Communications International, Inc. Current
The Astronauts Memorial Foundation Board of Directors Current
Aerospace Industries Association, Inc Member Current
National Association of Manufacturers Member Current
Manufacturers Alliance/Mapi, Inc. Member Current
Air Force Association Member Current
Harris Corporation - Government Communications Systems Division Vice President Former
Lockheed Martin Corporation Former
The Astronauts Memorial Foundation Chairman of the Board Former
Milcom 2007 Executive Chair Former
Seton Hall University Juris Doctor degree Former
University of Pittsburgh Master of Business Administration Degree Former
University of Pittsburgh B.S.E.E. degree Former
University of Delaware Bachelor of Science Degree In Accounting Former

Organization Position Status
NRG Energy, Inc. Vice President Current
NRG Energy, Inc. General Counsel Current
NRG Energy, Inc. Secretary Current
Sheppard, Mullin, Richter & Hampton Llp Associate Former
University of Minnesota Law School Juris Doctor Degree Former
Princeton University Bachelor of Arts Degree In History Former

Organization Position Status
Calpine Corporation Executive Vice President, Commercial Operations Current
NRG Energy, Inc. Vice President, Commercial Operations Current
Dynegy Marketing & Trade Vice President, West Coast Power Former
Dynegy, Inc. Senior Director Former

Organization Position Status
NRG Energy, Inc. Managing Director, Australia Current
NRG Incorporated Current

Michael Bramnick has been Senior Vice President, General Counsel, since February 2009. In this capacity, Mr. Bramnick is responsible for NRG’s legal affairs. He previously served as Deputy General Counsel and Chief Compliance Office, having joined NRG in December 2004. In that position, he managed all litigation and dispute resolution for the Company, was responsible for the Corporate Compliance Program including the Company’s Code of Conduct, and led the Regulatory Compliance Group. Prior to joining NRG, Mr. Bramnick was head of litigation at Millennium Chemicals. He previously held in-house positions at Lucent Technologies and EnviroSource and served in private practice for six years at Pepper Hamilton, LLP. Mr. Bramnick holds a Bachelor of Arts degree from George Washington University and a Juris Doctor degree from The Dickinson School of Law of Pennsylvania State University.

Organization Position Status
NRG Energy, Inc. Senior Vice President, General Counsel Current

Organization Position Status
Excelsior Energy, Inc. Senior Vice President and General Counsel Current
NRG Energy, Inc. Senior Counsel Current
Cogeneration General Counsel Former
Faegre & Benson LLP Former
University of Minnesota Law Degree Former
Harvard University Undergraduate Degree Former
University of Minnesota Degree Former

Organization Position Status
Delmarva Power & Light Co Chief Executive Officer Current
Delmarva Power & Light Co Chairman Current
University of Delaware Chairman, Board of Trustees Current
NRG Energy, Inc. Chairman Current
NRG Energy, Inc. Board of Directors Current
NRG Texas, LLC Director Current
Delmarva Power Chief Executive Officer Former
Conectiv Chief Executive Officer Former
Delmarva Power & Light Co Chief Operating Officer Former
Delmarva Power Chairman Former
Conectiv Chairman Former

Ms. Schaumburg was appointed a director of NRG, effective April 1, 2005. From 1984 until her retirement in 2002, she was at Credit Suisse First Boston in the Global Energy Group, where she last served as Managing Director. From 1979 to 1984, she was in the Utilities Group at Dean Witter Financial Services Group, where she last served as Managing Director. From 1971 to 1978, she was at The First Boston Corporation in the Public Utilities Group.

Organization Position Status
NRG Energy, Inc. Board of Directors Current
The First Boston Corporation Managing Director, Public Utilities Group Former
Global Energy Group, Inc. Managing Director Former
The First Boston Corporation Public Utilities Group Former
Global Energy Group, Inc. Credit Suisse First Boston Former

Gerald Luterman has been a member of the board of directors of our general partner since May 2006. Mr. Luterman has served as executive vice president and chief financial officer of KeySpan Corporation since August 1999. Prior to this time, Mr. Luterman had more than 30 years experience with companies including American Express, Booz Allen & Hamilton and Arrow Electronics. Mr. Luterman is a director of IKON Office Solutions, Technology Solutions Company and Lutheran Medical Center. Mr. Luterman has qualified as a Canadian Chartered Accountant and holds a Bachelor of Commerce degree from McGill University and an MBA from Harvard Business School.

Organization Position Status
KeySpan Corporation Chief Financial Officer Current
KeySpan Corporation Executive Vice President Current
U.S. Shipping Partners L.P. Independent Director Current
Long Island Lighting Company Current
Brooklyn Union Current
Greater Jamaica Development Corp Director Current
Technology Solutions Company Director Current
Missionpoint Capital Partners Board of Directors Current
KeySpan Corporation Board of Directors Current
NRG Energy, Inc. Board of Directors Current
Ramsey Industries Inc. Board of Directors Current
U.S. Shipping Partners L.P. Board of Directors Current
Lutheran Medical Center Board of Directors Current
Arrow Electronics, Inc. Senior Vice President & Chief Financial Officer Former
KeySpan Energy Delivery Cfo Former
Emerson Electric Co. Senior Finance Position, Xomox Division Former
Harvard Corporation Baker Scholar Former
Booz Allen Hamilton, Inc. Principal Former
Harvard Business School MBA Former
McGill University Bachelor of Commerce Degree Former

Mr. Tate has been a director of NRG Energy since December 2003, pursuant to the NRG Energy plan of reorganization. Mr. Tate joined NiSource, Inc. as Corporate Vice President, Regulatory Strategy in July 2004. He was Of Counsel of Wolff & Samson P.C., a law firm, from September 2002 to July 2004. Mr. Tate was Research Professor of Energy Policy Studies at the New Jersey Institute of Technology from April 2001 to September 2002 and President of New Jersey Board of Public Utilities from 1994 to March 2001. Mr. Tate is also a director of IDT Capital and IDT Spectrum. Previously, Mr. Tate was a member of the Board of Directors for Central Vermont Public Service from April 2001 to June 2004, where he was a member of the Audit Committee.

Organization Position Status
NRG Energy, Inc. Board of Directors Current
IDT Spectrum, Inc. Director Current
New Jersey Institute of Technology President of New Jersey Board of Public Utilities Former
NiSource Inc. Corporate Vice President, Regulatory Strategy Former
Central Vermont Public Service Corporation member Former
New Jersey Institute of Technology Research Professor of Energy Policy Studies Former
NRG Energy, Inc. Nuclear Oversight Subcommittee Chairman Former
Central Vermont Public Service Corporation Board of Directors Former

John F. Chlebowski, age 61, has served as a director of the Company since June 23, 2003. He served as the President and Chief Executive Officer of Lakeshore Operating Partners, LLC, a bulk liquid distribution firm, from March 2000 until his retirement in December 2004. From July 1999 until March 2000, Mr. Chlebowski was a senior executive and co-founder of Lakeshore Liquids Operating Partners, LLC, a private venture firm in the bulk liquid distribution and logistics business, and from January 1998 until July 1999, he was a private investor and consultant in bulk liquid distribution. Prior to that, he was employed by GATX Terminals Corporation, a subsidiary of GATX Corporation, as President and Chief Executive Officer from 1994 until 1997. He served as Chief Financial Officer and Vice President Finance of GATX Corporation, a specialized finance and leasing company, from 1986 until 1994 and Vice President Finance from 1984 until 1986. Mr. Chlebowski joined GATX Corporation in 1983 as Vice President Financial Planning. Mr. Chlebowski is also a director of NRG Energy, Inc.

Organization Position Status
NRG Energy, Inc. Board of Directors Current
Spectrasite, Inc. Director Current
First Midwest Bancorp, Inc. Board of Directors Current
Laidlaw International Inc. Director Current
Laidlaw International Inc. Audit Committee Chairman Former
NRG Texas, LLC Board of Directors Former

Organization Position Status
Secci Group - Inter-American Development Bank Board of Directors Current
Environmental Trading Network Board of Directors Current
NRG Energy, Inc. Board of Directors Current
Natsource LLC Vice President for Asset Management Former
Proton Energy Systems Director Former
Columbia University Law School Degree Former

Organization Position Status
Houston NFL Holdings, L.P. Limited Partner Current
Windsor Village United Methodist Church Senior Pastor Current
Baylor College of Medicine Board of Directors Current
Southern Methodist University Board of Directors Current
NRG Energy, Inc. Board of Directors Current
Continental Airlines, Inc. Board of Directors Current
Carleton College Degree, Economics Former
The Wharton School of the University of Pennsylvania MBA Former
Southern Methodist University Master's Degree Former

Organization Position Status
Prisma Energy International, Inc. Current
NRG Texas, LLC Compensation Committee Chairman Current
NRG Energy, Inc. Board of Directors Current
Sunrise Capital Partners LP Senior Principal Former
NRG Texas, LLC Director Former
Harvard Law School doctorate degree Former
Yale University B.A. In Economics Former

Maureen J. Miskovic is executive vice president and State Street’s chief risk officer responsible for leading the company’s risk management function globally. She is also a member of the company’s Operating Group, State Street’s most senior strategy and policy-making team. Before being appointed to this role, Ms. Miskovic served on State Street’s Board of Directors and was senior advisor at Eurasia Group, a global political risk advisory and consulting firm based in New York. Previously, Ms. Miskovic spent six years as chief risk officer for Lehman Brothers and prior to this appointment she was Treasurer at Morgan Stanley in London responsible for capital planning, bank relations and cash management for its European and Indian businesses. She has also held senior management roles at S.G. Warburg in London. In addition to her State Street board appointment, Ms, Miskovic also served as a member of the board at NRG Energy. Ms. Miskovic has published a book entitled Futures and Options – A Handbook for Institutional Investors and serves as an honorary member of the Leadership Council of the Betty Ford Foundation. She holds a Bachelor of Arts degree in Russian and German from King’s College, London University.

Organization Position Status
State Street Corporation Executive Vice President & Chief Risk Officer Current
NRG Energy, Inc. Board of Directors Current
Lehman Brothers Holdings Inc. Chief Risk Officer Former
Eurasia Group principal Former
State Street Corporation Board of Directors Former
Morgan Stanley Treasurer Former
University of London Degree Former

Array

Organization Position Status
Stewart Information Services Corporation Co-Founder of Genesis Park Current
Genesis Park LP Co-Founder Current
College for All Texans Foundation Current
CapRock Communications Inc. Chairman Current
EGL, Inc. Chairman, Compensation Committee Current
Ut Law Board of Directors Current
Comptel/Ascent Board of Directors Current
Harris County 9-1-1 Board Member, City of Houston Current
Stewart Information Services Corporation Director Current
NRG Energy, Inc. Board of Directors Current
Baylor College of Medicine Director Current
NRG Texas, LLC Director Current
Stewart Title Co Board of Directors Current
Stewart Transaction Solutions Board of Directors Current
Genesis Park LP Partner Former
University of Virginia Trustee Former
EGL, Inc. Board Member Former
University of Texas School of Law Graduate Former
University of Virginia Graduate Former
University of Virginia Bachelor of Arts In History Former
The University of Texas with a law degree Former
First Presbyterian Church Former

Organization Position Status
Williams Energy Services CEO Current
NRG Texas, LLC Commercial Operations Oversight Committee Chairman Current
NRG Energy, Inc. Board of Directors Current
Energy Transfer Partners, L.P. Board of Directors Current
Berry Petroleum Company Director Current
Rental Car Finance Corporation Director Current
Sunoco, Inc. Board of Directors Current
Sunoco Logistics Partners L.P. Director Current
Oklahoma State University Board of Directors Current
Sunoco Logistics Partners L.P. Member of Compensation Committee Current
The Williams Companies, Inc. Chief Executive Officer Former
The Williams Companies, Inc. President Former
Williams Energy Services President Former
Williams Pipeline Co. President Former
Berry Petroleum Company Chairman, Audit committee Former
NRG Energy, Inc. Commercial Operations Oversight Committee Chairman Former
Dollar Thrifty Automotive Group, Inc. Board of Directors Former
NRG Texas, LLC Director Former

Organization Position Status
Tri-R Systems Corp Current
The Goodyear Tire & Rubber Company Inc. Director Current
NRG Energy, Inc. Board of Directors Current
Waste Management, Inc. Director Current
AMSTED Industries Incorporated Director Current
U.P. & S., Inc. Chief Operating Officer Former
United Parcel Service of America, Inc. Chief Operating Officer Former
United Parcel Service of America, Inc. Senior Vice President Former
U.P. & S., Inc. Senior Vice President Former
United Parcel Service of America, Inc. Director Former
United Parcel Service of America, Inc. Management Committee Member Former
United Parcel Service of America, Inc. member Former

Mr. Young has been a director of NRG Energy since December 2003, pursuant to the NRG Energy plan of reorganization. Mr. Young was Chairman, Chief Executive Officer and President of Champion Enterprises, Inc., an assembler and manufacturer of manufactured homes, from May 1990 to June 2003. Mr. Young has held senior management positions with The Henley Group, The Budd Company and BFGoodrich.

Organization Position Status
NRG Energy, Inc. Board of Directors Current
Champion Enterprises, Inc. Chief Executive Officer Former
Champion Enterprises, Inc. President Former
The Budd Company Senior Management Former
The Henley Group Senior Management Positions Former
Champion Enterprises, Inc. Chairman Former

Mr. Hantke was appointed a director of NRG, effective March 8, 2006. Mr. Hantke served as Executive Vice President and Chief Financial Officer of Premcor, Inc., a refining company, from 2002 through 2005. He was with the refining and marketing company, Tosco Corporation, from 1993 through 2001, serving as Corporate Vice President of Development and earlier, as Corporate Controller and Chief Financial Officer. Prior to Tosco, Hantke was Senior Manager, Mergers and Acquisitions for Coopers and Lybrand and spent 13 years in various senior management positions with AMAX. Mr. Hantke is on the Board of NTR Acquisition Co., an oil refining start-up, and Process Energy Solutions, a non-public alternative energy company. He is a graduate of Fordham University.

Organization Position Status
NRG Energy, Inc. Board of Directors Current

Executive News

  • Exelon, Rebuffed by NRG Energy's Shareholders, Drops Merger Offer

    The American Lawyer - 7/23/09 - View Story

  • Exelon Ends Bid to Acquire NRG

    The Wall Street Journal Interactive Edition - 7/22/09 - View Story

  • NRG shareholders reject Exelon takeover bid

    Philadelphia Inquirer - 7/22/09 - View Story

  • Exelon kills bid to acquire NRG

    TradingMarkets - 7/21/09 - View Story

  • UPDATE 4-Exelon withdraws hostile $7.7 billion bid for NRG

    Forbes.com - 7/21/09 - View Story

  • Exelon walks away from $7.4 billion bid for NRG

    Fort Mills Times - 7/21/09 - View Story

  • UPDATE 4-Exelon withdraws hostile $7.7 billion bid for NRG

    Reuters - 7/21/09 - View Story

  • CORRECT: UPDATE: NRG Board Expansion Rejected, Ends Exelon Bid

    Morningstar.com - 7/21/09 - View Story

  • Exelon walks away from $7.4 billion bid for NRG (Today)

    Pittsburgh Post-Gazette - 7/21/09 - View Story

  • Exelon withdraws hostile $7.7 billion bid for NRG

    Forbes.com - 7/21/09 - View Story

  • UPDATE 3-Exelon withdraws hostile $7.7 billion bid for NRG

    Forbes.com - 7/21/09 - View Story

  • UPDATE 3-Exelon withdraws hostile $7.7 billion bid for NRG

    Reuters - 7/21/09 - View Story

  • Exelon withdraws hostile US$7.7-billion bid for NRG

    Financial Post - 7/21/09 - View Story

  • Exelon withdraws hostile bid for NRG

    Chicago Tribune - 7/21/09 - View Story

  • Exelon abandons NRG takeover

    Philadelphia Inquirer - 7/21/09 - View Story

  • Exelon Walks Away From $7.4 Billion Bid for NRG

    ABC News - 7/21/09 - View Story

  • Exelon pulls bid for NRG after shareholders reject directors

    Chicago Tribune - 7/21/09 - View Story

  • Exelon ends $7.4 bn bid for NRG

    Power Engineering - 7/21/09 - View Story

  • NRG Energy Stockholders Re-Elect Company`s Director Nominees at 2009 Annual Meeting

    Reuters - 7/21/09 - View Story

  • NRG Energy Stockholders Re-Elect Companys Director Nominees at 2009 Annual Meeting

    Business Wire - 7/21/09 - View Story

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     NRG $25.04 +0.49 (2.00% )
Average Volume 3,262,940
Shares Outstanding 256.41M
Market Cap 6.4B
Year High 29.26
Year Low 15.19
Earnings Per Share 3.75
P/E Ratio 6.68
Dividend N/A
Yield N/A
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