Dynegy's president and chief operating officer, Stephen A. Furbacher, will retire at year's end, the Houston company said today.
Bruce Williamson, Dynegy's chairman and chief executive, will add the title of president, which he's held before. Other executives on the company's senior management team will be taking on different or expanded roles, Dynegy said in a news release.
"Steve has contributed immeasurably to Dynegy at different stages of the company's history — from its early development to our successful self-restructuring and, today, to our focus on safe, reliable and economic operations and the growth of our power generation business," Williamson said.
Furbacher joined Chevron in 1973 and in 1994 was named president of a subidiary, Warren Petroleum, that later was acquired by Dynegy. He became Dynegy's president and chief operating officer in 2005.
Via: Houston Chronicle
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