Eversource 2009 Annual Report Download - page 75

Download and view the complete annual report

Please find page 75 of the 2009 Eversource annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 190

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190

66
PART III
Item 10. Directors, Executive Officers and Corporate Governance
The information in Item 10 is provided as of February 25, 2010 except where otherwise indicated.
Certain information required by this Item 10 is omitted for PSNH and WMECO pursuant to Instruction I(2)(c) to Form 10-K, Omission of
Information by Certain Wholly Owned Subsidiaries.
NU
In addition to the information provided below concerning the executive officers of NU, incorporated herein by reference is the
information to be contained in the sections captioned "Election of Trustees," "Governance of Northeast Utilities" and the related
subsections, "Selection of Trustees," and "Section 16(a) Beneficial Ownership Reporting Compliance" of NU's definitive proxy statement
for solicitation of proxies, expected to be filed with the SEC on or about April 1, 2010.
NU and CL&P
The following table sets forth certain information as of February 25, 2010 concerning NU’s and CL&P’s executive officers. All of the
Company’s officers serve terms of one year and until their successors are elected and qualified
Name Age Title
Jay S. Buth* 40 Vice President – Accounting and Controller of NU and CL&P.
Gregory B. Butler 52 Senior Vice President and General Counsel of NU and CL&P.
Jeffrey D. Butler** 54 President and Chief Operating Officer and a Director of CL&P.
Jean M. LaVecchia*** 58
Vice President - Human Resources of Northeast Utilities Service Company
(NUSCO), a subsidiary of NU.
David R. McHale 49 Executive Vice President and Chief Financial Officer of NU and CL&P.
Leon J. Olivier 61
Executive Vice President and Chief Operating Officer of NU; Chief Executive
Officer of CL&P.
James B. Robb*** 49 Senior Vice President, Enterprise Planning and Development of NUSCO.
Charles W. Shivery 64
Chairman of the Board, President and Chief Executive Officer of NU; Chairman of
CL&P.
* Mr. Buth was elected Vice President – Accounting and Controller, effective June 9, 2009.
** Mr. Butler was elected President and Chief Operating Officer and Director of CL&P effective July 1, 2009 and is therefore an
executive officer solely of CL&P.
*** Deemed executive officer of NU and CL&P pursuant to Rule 3b-7 under the Securities Exchange Act of 1934.
Jay S. Buth. Mr. Buth became Vice President – Accounting and Controller of NU, CL&P, PSNH and WMECO, effective June 9, 2009.
Previously, Mr. Buth served as Controller, and Vice President and Controller at NJR Service Corporation, a subsidiary of New Jersey
Resources Corporation, a gas utility holding company, from June 2006 to January 2009. He also served as Director – Finance at
Allegheny Energy, Inc. from May 2004 to May 2006.
Gregory B. Butler. Mr. Butler became Senior Vice President and General Counsel of NU effective December 1, 2005, and of CL&P,
PSNH and WMECO, subsidiaries of NU, effective March 9, 2006, and was elected a Director of CL&P, PSNH and WMECO April 22,
2009 and a Director of Northeast Utilities Foundation, Inc. effective December 1, 2002. Previously Mr. Butler served as Senior Vice
President, Secretary and General Counsel of NU from August 31, 2003 to December 1, 2005 and Vice President, Secretary and
General Counsel of NU from May 1, 2001 through August 30, 2003.
Jeffrey D. Butler. Mr. Butler became President and Chief Operating Officer and a Director of CL&P effective July 1, 2009. Previously,
Mr. Butler was employed by Pacific Gas & Electric Company for approximately 28 years, most recently as Senior Vice President -
Energy Delivery, before retiring in March 2008. Prior to his last assignment, Mr. Butler also held the positions of Senior Vice President
- Transmission and Distribution, Vice President - Operations, Maintenance and Construction, and Vice President - Distribution
Operations, Maintenance and Construction beginning in July 1997.
Jean M. LaVecchia. Ms. LaVecchia was elected Vice President - Human Resources of NUSCO, effective January 1, 2005 and was
elected a Director of CL&P, PSNH and WMECO April 22, 2009 and a Director of Northeast Utilities Foundation, Inc. effective
January 30, 2007. Previously Ms. LaVecchia served as Vice President - Human Resources and Environmental Services from May 1,
2001 to December 31, 2004.
David R. McHale. Mr. McHale was elected Executive Vice President and Chief Financial Officer of NU, CL&P, WMECO and PSNH,
effective January 1, 2009, elected a Director of PSNH and WMECO, effective January 1, 2005, of CL&P effective January 15, 2007 and
of Northeast Utilities Foundation, Inc. effective January 1, 2005. Previously, Mr. McHale served as Senior Vice President and Chief
Financial Officer of NU, CL&P, PSNH and WMECO from January 1, 2005 to December 31, 2008 and Vice President and Treasurer of
NU, WMECO and PSNH from July 1998 to December 31, 2004.