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Bangor-based Versant Power has a new president, John Flynn, who began work Monday.
With over 30 years of utility industry experience, Flynn succeeds President and Chief Operating Officer Mike Herrin, who announced last year he would be leaving the company at the end of 2020.
Flynn was selected by Versant after an extensive search process, according to a news release Monday. Herrin will stay on with the company through the end of December to assist with the transition.
In his most recent role, Flynn led strategy and public affairs work for Vermont Electric Co. He previously served as global head and senior vice president of strategy and development at National Grid plc, a multinational electricity and gas utility company headquartered in London. He also held leadership positions within American Transmission Co. and American Electric Power.
Originally from Connecticut, Flynn has a bachelor’s degree in accounting from Fairfield University and studied at the University of Michigan School of Business and the Massachusetts Institute of Technology's Sloan School.
"I am very pleased to join the dedicated and talented team at Versant Power, and look forward to getting to know the team, our valued customers and our many important stakeholders as we continue to deliver essential electricity services to the communities of eastern and northern Maine," Flynn said in the release.
Herrin has served as president since 2018, overseeing a period of major changes for Versant, the state’s second-largest electric utility, with 159,000 customers in eastern and northern Maine.
Among the changes: the adoption in May of a new name for the company, formerly known as Emera Maine. The rebrand was required under terms of its sale for $1.3 billion in March to ENMAX Corp., of Calgary, Alberta.
Emera Maine was formed in 2010 from the merger of Bangor Hydro and Maine Public Service Co., both of which were subsidiaries of Emera Inc., a Halifax, Nova Scotia-based utility holding company with 2018 revenues of $6.5 billion CAD.
Herrin said in the release, "It has been an honor to serve our customers and contribute to the future of the great state of Maine. As the company moves forward, I am confident that under John's leadership, Versant Power's commitments to our customers and communities will continue to be delivered on, and I look forward to partnering to ensure a smooth transition ahead."
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