Courtesy / Avangrid
Robert Kump, currently president and CEO of Avangrid Networks, has been promoted to the newly created role of deputy CEO and president of Avangrid Inc., parent company of Central Maine Power Co.
June 10, 2019
CMP’s parent company announces leadership changes
By Staff
Avangrid Inc. (NYSE: AGR), parent company of Central Maine Power Co., has promoted Robert Kump, currently president and CEO of Avangrid Networks, to the newly created role of deputy CEO and president.
James P. Torgerson, who became CEO of Avangrid when the company was created by the merger of UIL and Iberdrola in 2015, will remain CEO. Kump will report to Torgerson.
Kump has more than three decades of experience in the energy sector, having held a number of executive positions at Energy East, Iberdrola USA and now Avangrid.
He was appointed to lead the company’s Networks business in 2015, overseeing eight electric and gas utilities, including Berkshire Gas Co., Central Maine Power Co., Connecticut Natural Gas Corp., New York State Electric & Gas Corp., Rochester Gas and Electric Corp., Southern Connecticut Gas Co. and The United Illuminating Co.
He will be succeeded by Anthony Marone as president and CEO of Avangrid Networks.
Currently, Marone is president and CEO of Avangrid Networks’ subsidiary UIL Holding and the company’s utilities in Massachusetts and Connecticut, including Berkshire Gas Co., Connecticut Natural Gas Corp., Southern Connecticut Gas Co. and United Illuminating Co. and he is responsible for regulatory, asset management and planning for Avangrid Networks.
Marone has held leadership positions in engineering, marketing and customer service since joining UIL in 1987.
In addition to these appointments, the company is creating a new role of chief operations officer of Avangrid Networks, reporting to Marone, and responsible for the supervision, management and oversight of the day-to-day operations of the Networks business.
A search is underway to identify the best candidate to fill that new position.
“These changes will enable us to continue to successfully execute on our strategic plan and look critically at how we can accelerate our path to lead the industry in sustainability, innovation and performance with a great workplace culture, and a reputation for delivering clean, reliable and affordable energy for our customers,” said Torgerson.
“Bob and I have developed a strong working relationship over the last four years and we share a vision to transform Avangrid’s business to deliver our ambition to be a top tier clean energy company in the United States,” Torgerson continued. “I have worked with Tony for many years and am very confident in his leadership as he takes the reins from Bob to oversee our Avangrid Networks business.”
“Avangrid has a long runway for growth. It is already leading the clean energy transformation in the U.S.,” said Ignacio Galan, chairman of the board. “Moving forward with a focus on innovation and efficiencies, as well as achieving positive outcomes in ongoing regulatory proceedings, requires continued assessment to ensure that the organization of the Avangrid Group optimizes the strengths of the group’s experienced management team and provides effective and efficient supervision and decision-making.”
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