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PSEG Merchant Power Leader Adds COO Role At Parent; New VP Of Trading Named
November 22,2019 Public Service Enterprise Group (PSEG) announced several organizational changes Of note is that Ralph A. LaRossa has been elected chief operating officer of PSEG. In this newly created position, LaRossa will be responsible for all operating functions of PSEG, including many of the functions within PSEG Services Corp. LaRossa also will continue in his role as president and COO of PSEG Power, the company's merchant generation business. LaRossa was elected president and COO of PSEG Power in June 2017. Previously, he served as president and COO of Public Service Electric & Gas, PSEG's regulated utility business, since October 2006. Dave Daly, who will now report into LaRossa, has been named president and COO of PSEG Utilities and Clean Energy Ventures, with oversight of the company's utility operations, as well as development of its clean energy and renewable generation businesses. Daly also will continue as president of PSE&G, the company's regulated utility, and chairman of the board of PSEG Long Island. Lathrop Craig, vice president - ISO Operations, has been dedicated on assignment to lead PSEG's offshore wind ventures. Craig joined PSEG in 2000 and most recently was responsible for PSEG Energy Resources and Trade's power asset management functions and oversees power generation development. Daun Forester has been promoted to vice president - Trading & Origination / ISO Operations. Forester has been managing director - Power Trading and Origination for PSEG ER&T since 2014, responsible for Power's generation hedging program and capacity bidding strategies, as well as ER&T's marketing efforts and renewables obligations.
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