Oglethorpe prepares to interview CEO candidates; name leader this year

Oglethorpe Power is continuing with a national CEO search the the utility said in an 8K report filed with the Securities & Exchange Commission (SEC) on Aug. 27.

The public power organization is seeking a successor to longtime CEO Tom Smith, who died in June after a long illness. The public power utility had essentially doubled in size under Smith’s leadership and in September of last year Oglethorpe Power renamed its 1,250-MW power plant in Murray County, Ga., after Smith.

Oglethorpe plans to announce a new president and CEO prior to year end.

The board and its executive search advisor will be screening and interviewing candidates over the next several weeks.

During the search process, Ronald Duffey, one of Oglethorpe’s directors, is acting as special liaison between the board and executive management.

Oglethorpe is 30% interest holder in the new Vogtle 3 and 4 nuclear units now under construction in Georgia.

Oglethorpe is one of the nation’s largest power supply cooperatives with more than $8bn in assets serving 38 Electric Membership Corporations which, collectively, provide electricity to more than 4.1 million Georgia citizens.

Oglethorpe’s energy portfolio includes natural gas, hydroelectric, coal and nuclear generating plants with a combined capacity of approximately 7,060 MW, as well as purchased power.         

About Wayne Barber 4201 Articles
Wayne Barber, Chief Analyst for the GenerationHub, has been covering power generation, energy and natural resources issues at national publications for more than 20 years. Prior to joining PennWell he was editor of Generation Markets Week at SNL Financial for nine years. He has also worked as a business journalist at both McGraw-Hill and Financial Times Energy. Wayne also worked as a newspaper reporter for several years. During his career has visited nuclear reactors and coal mines as well as coal and natural gas power plants. Wayne can be reached at wayneb@pennwell.com.