Dominion Energy is to implement organisational changes tied to a new financial and operating reporting structure that will take effect on December 1, 2019.
The changes are aimed at improving the company’s operating efficiency, customer experience and transparency of its financial disclosures. The company named two executives to the new position of co-Chief Operating Officer (co-COO).
Robert M. Blue, currently Executive Vice President (EVP) and President and Chief Executive Officer-Power Delivery Group, and Diane Leopold, currently EVP and President and Chief Executive Officer-Gas Infrastructure Group, were each named EVP and co-COO-Dominion Energy, effective as of December 1.
Two of the company’s five new operating segments will report to Blue: Dominion Energy Virginia, the vertically integrated electric utility in Virginia and North Carolina; and Contracted Generation, which includes Millstone Power Station and more than 50 long-term contracted solar facilities.
Leopold will have responsibility for three operating segments – Gas Transmission & Storage, consisting of 14,800 miles of natural gas transmission, gathering and storage pipelines, gas storage operations and the Cove Point LNG facility; Gas Distribution, which has four gas local distribution companies in Idaho, North Carolina, Ohio, Utah, West Virginia and Wyoming; and Dominion Energy South Carolina, a natural gas and electric utility in the Palmetto State.
Also effective on December 1, Carter M. Reid, currently EVP and Chief Administrative and Compliance Officer, will become EVP and Chief of Staff for Dominion Energy, and President of Dominion Energy Services.
Blue, Leopold, Reid and James R. Chapman – EVP, Chief Financial Officer and Treasurer – will all continue to report to Thomas F. Farrell, II, Chairman, President and Chief Executive Officer.
The company also named two new segment heads for its realigned reporting structure, also effective December 1. In addition to his new role as co-COO, Blue will serve as President-Dominion Energy Virginia. Daniel G. Stoddard, SVP and Chief Nuclear Officer, will add the role of President-Contracted Generation to his current responsibilities, and report to Blue in that role.
P. Rodney Blevins will continue in his role as president-Dominion Energy South Carolina and will report to Leopold. Donald R. Raikes, president-Gas Distribution, and Paul E. Ruppert, president-Gas Transmission & Storage, will also report to Leopold.
Each of the operating segment Presidents will serve on Farrell’s senior leadership team.
For more information visit www.dominionenergy.com
