The PJM Board of Managers has re-elected Mark Takahashi to his fourth one-year term as its chair and named David Mills as chair-elect.
The chair-elect position signifies that Mills is slated to take over in 2025 if his election is reaffirmed by a second vote next year.
“Both Mark Takahashi and David Mills have the wealth of experience needed to help PJM manage the challenges of our evolving energy landscape,” CEO Manu Asthana said in a May 16 announcement. “I look forward to our ongoing work together toward maintaining a reliable grid amid our current energy transition.”
Takahashi joined the board in 2016 and has served as chair since 2021, having previously chaired the Competitive Markets Committee. Until 2018 he was CFO for the Ascendant Group, the parent company of Bermuda Electric Light Co. He also served as CFO of CLP Holdings, a vertically integrated utility in Hong Kong, between 2008 and 2014.
Mills was elected to the board in 2021 and serves as chair of the Competitive Markets Committee, in addition to being a member of the Risk & Audit and Human Resources committees, according to the announcement. He was re-elected to his second term on the board during the May 6 Members Committee meeting. (See “Stakeholders Re-elect 3 PJM Board Members Over Consumer Dissent,” PJM Members Committee Briefs: May 6, 2024.)
The announcement also included board committee assignments, with Terry Blackwell selected as chair of the Reliability & Security Committee and Vickie VanZandt named chair of the Human Resources Committee.
