PJM CEO Andy Ott on Friday announced organizational changes that will give additional responsibilities to senior vice presidents Stu Bresler and Vince Duane — a move Ott had foreshadowed following the departure of Executive Vice President and Chief Operations Officer Mike Kormos in March.
Bresler, who has been overseeing the Markets Division, will add the Operations Division, formerly overseen by Kormos, to his duties. Vice President Mike Bryson will continue to lead Operations.
The newly formed Law, Compliance and External Relations Division will report to Duane, the RTO’s general counsel, and include the State & Member Services Division and the Compliance Division, which already had been moved under Duane’s supervision earlier this year. Vice President Denise Foster will continue to lead State & Member Services.
The new division will address legal and regulatory components and oversee communications with various audiences.
“We are making some changes to our structure as our organization continues to grow and evolve,” Ott said. “Our objective with this realignment is to better serve our stakeholders by positioning internal processes — and those conducting them — to better support company strategies.”
The changes will take effect July 6.
Ott was named CEO in October after a six-month transition period at the side of Terry Boston, who retired. (See Boston Retirement Prompts Additional Promotions at PJM).
When PJM announced Kormos’ departure, Ott had said that his position would not be filled. (See PJM COO Kormos Leaving; Post Won’t be Filled.)
— Suzanne Herel