HOUSTON, Oct. 5, 2012 /PRNewswire/ -- GDF SUEZ Energy Resources, one of the largest competitive market retail electricity providers to commercial, industrial, and institutional customers in the country, announced today that it has named Sam Henry as its new President and Chief Executive Officer. Henry succeeds Robert Wilson, who was recently named President and Chief Executive Officer of GDF SUEZ Gas NA Holdings LLC, responsible for the company's LNG activities in North America.
Henry has more than 30 years of experience in the energy industry, most recently as President and CEO of GDF SUEZ Energy Marketing North America Inc. – the commodity marketing business of IPR-GDF SUEZ North America. His responsibilities included the commercial optimization of GDF SUEZ's North American power generation fleet and hedging of commodity price risk for GDF SUEZ's other businesses in North America. In addition, Mr. Henry had management oversight of all North American government and regulatory affairs activities.
"I look forward to assuming this new role and to leading a truly great company into the future," said Henry. "While challenging, the competitive retail electricity market is full of opportunities, and I am confident we have a team in place that can maximize those opportunities by continuing to provide the level of service that our customers have come to expect from a top-tier organization like GDF SUEZ Energy Resources."
Previously, Henry served as Senior Vice President of Central Portfolio Management and as Executive Vice President of GDF SUEZ Energy Marketing before his appointment as President in June 2004. Before joining GDF SUEZ in 2002, he was Vice President, Risk Management, at Edison Mission Energy, a company with 25,000 MW of generation in the U.S., United Kingdom, and Australia. Henry spent most of his earlier career in the energy industry focused on asset and risk management, working for energy companies including Conoco and Chevron.
"Sam has a broad and deep background in the energy industry," said Zin Smati, President and CEO of IPR-GDF SUEZ North America. "He understands commodities, our markets, and our customers, and I am confident that he will help us build upon our retail success."
About GDF SUEZ Energy Resources NA
GDF SUEZ Energy Resources NA is one of the largest non-residential retail energy suppliers in the U.S. and currently serves commercial and industrial customers in 12 markets: Delaware, Texas, Massachusetts, Maine, Maryland, New York, New Jersey, Pennsylvania, Illinois, Connecticut, Ohio, and Washington, D.C. The company serves over 80,000 accounts for customers having a peak demand ranging from 50 KW to more than 200 MW, with an estimated peak load totaling nearly 10,000 MW. The company offers electricity service to small business customers under the brand Think Energy™.
For more about GDF SUEZ Energy Resources, visit www.gdfsuezenergyresources.com or call 1-866-999-8374. Follow GDF SUEZ Energy Resources on LinkedIn, Twitter: @GDFSUEZEnergy, and Facebook. GDF SUEZ Energy Resources is part of IPR-GDF SUEZ North America, which manages a range of energy businesses in the U.S., Mexico, and Canada, including electricity generation and cogeneration, natural gas and liquefied natural gas (LNG) distribution and sales, asset-based trading and origination, and retail energy sales and related services to commercial and industrial customers.
SOURCE GDF SUEZ Energy Resources NA