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131
PART III
Item 10. Directors, Executive Officers and Corporate Governance
The information in Item 10 is provided as of February 15, 2013, except where otherwise indicated.
Certain information required by this Item 10 is omitted for NSTAR Electric, 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 March 21, 2013.
NU and CL&P
Each member of CL&P’s Board of Directors is an employee of CL&P, NU or an affiliate. Directors are elected annually to serve for one
year until their successors are elected and qualified.
Set forth below is certain information as of February 15, 2013 concerning CL&P’s Directors and NU’s and CL&P’s executive officers:
Name
Age
Title
Thomas J. May
65
President and Chief Executive Officer of NU; Chairman of CL&P.
Leon J. Olivier
64
Executive Vice President and Chief Operating Officer of NU; Chief Executive Officer of the
Regulated companies; Director of CL&P.
James J. Judge 57
Executive Vice President and Chief Financial Officer of NU and the Regulated companies; Director
of CL&P.
Gregory B. Butler 55
Senior Vice President, General Counsel and Secretary of NU; Senior Vice President and General
Counsel of the Regulated companies; Director of CL&P.
Christine M. Carmody
1
50
Senior Vice President-Human Resources of NUSCO, NSTAR Electric & Gas, and the Regulated
companies; Director of CL&P.
William P. Herdegen III 2
58
President and Chief Operating Officer and a Director of CL&P.
David R. McHale
52
Executive Vice President and Chief Administrative Officer of NU and the Regulated companies;
Director of CL&P.
James A. Muntz
55
Senior Vice President-Transmission of NU and the Regulated companies.
Joseph R. Nolan, Jr. 1
49
Senior Vice President-Corporate Relations NUSCO, NSTAR Electric & Gas, and the Regulated
companies; Director of CL&P.
Jay S. Buth 43 Vice President, Controller and Chief Accounting Officer of NU and the Regulated companies.
1 Deemed an executive officer of NU pursuant to Rule 3b-7 under the Securities Exchange Act of 1934.
2 Mr. Herdegen is the President and Chief Operating Officer and Director of CL&P and is therefore an executive officer solely of
CL&P.
Thomas J. May. Mr. May became President and Chief Executive Officer and a Trustee of NU, Chairman and a Director of CL&P,
NSTAR Electric, NSTAR Gas, PSNH, WMECO and Yankee Gas, and Chairman, President and Chief Executive Officer and a Director
of NUSCO upon completion of the Merger. He has been President and Chief Executive Officer of NSTAR Electric & Gas since
January 1, 2002. Mr. May has served as a Director of NSTAR Electric, NSTAR Gas and NSTAR Electric & Gas (or their predecessor
companies) since September 27, 1999. Previously, Mr. May served as Chairman, President and Chief Executive Officer and a Trustee
of NSTAR, and as Chairman, President and Chief Executive Officer of NSTAR Electric, NSTAR Gas and NSTAR Electric & Gas until
the closing of the Merger. He served as Chairman, Chief Executive Officer and a Trustee since NSTAR was formed in 1999, and was
elected President in 2002. Mr. May became a Director of Northeast Utilities Foundation, Inc. upon completion of the Merger. He has
served as a Trustee of the NSTAR Foundation since August 18, 1987.
Leon J. Olivier. Mr. Olivier has served as Executive Vice President and Chief Operating Officer of NU and NUSCO since May 13, 2008,
and of NSTAR Electric & Gas since the completion of the Merger. He became Chief Executive Officer of NSTAR Electric and NSTAR
Gas upon completion of the Merger. Mr. Olivier has served as Chief Executive Officer of CL&P, PSNH, WMECO and Yankee Gas
since January 15, 2007. Mr. Olivier was elected a Director of NSTAR Electric, NSTAR Gas and NSTAR Electric & Gas effective
November 27, 2012, of PSNH, WMECO and Yankee Gas effective January 17, 2005, and of CL&P effective September 10, 2001.
Previously, Mr. Olivier served as Executive Vice President-Operations of NU from February 13, 2007 to May 12, 2008. Mr. Olivier
became a Trustee of the NSTAR Foundation upon completion of the Merger. He has served as a Director of Northeast Utilities
Foundation, Inc. since April 1, 2006.