SMUD GM & CEO John Di Stasio announces retirement

Sacramento Municipal Utility District (SMUD) General Manager and Chief Executive Officer John Di Stasio is retiring after more than 30 years at SMUD. He announced his intention to retire in 2014 to the SMUD Board of Directors Thursday.

Di Stasio’s tenure at the helm includes many accomplishments, including keeping electric rates among the lowest in California, vastly improving reliability, and launching the SMUD SmartSacramento® smart grid project, which included completion of a successful smart meter deployment. Under his stewardship, SMUD continued its globally recognized leadership in renewable and sustainable energy and in energy efficiency as well as maintaining customer satisfaction to levels that are among the best in the state, region and nation.

Di Stasio joined SMUD in 1981. He was appointed General Manager & CEO in June 2008. Prior to his appointment, he served for eight years as the Assistant General Manager of Energy Delivery and Customer Services, responsible for overseeing SMUD’s retail operations, including customer service, energy delivery, program development and communications, energy efficiency and pricing. His previous responsibilities were as Director of Distribution Services, and Manager of Supply Chain Services. Di Stasio began his career in the industrial gas business for Liquid Air of North America in the Pacific Northwest.

“John has provided excellent leadership in his tenure as SMUD’s chief executive and in his more than 30 years at the company,” said SMUD Board President Bill Slaton. “John guided this company through the rough patches of a struggling economy, especially locally. John has represented SMUD very well in the political arena, ensuring SMUD and its customer-owners’ concerns were heard at the highest levels of state and federal government. His leadership will be dearly missed,” said Slaton.

“It’s been my privilege to serve our community in my more than 30 years at SMUD,” said Di Stasio. “We have a strong executive management team that is focused on the needs of the customer, the community and the company’s role in our region. SMUD’s in good hands and well positioned for the future,” said Di Stasio.

Following Di Stasio’s retirement announcement, the SMUD Board of Directors is initiating the process of finding a successor.

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