CH Energy Group, Inc. Appoints Treasurer
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(POUGHKEEPSIE, NY) The Board of Directors of CH Energy Group, Inc. (NYSE: CHG) has appointed Stacey Renner to the position of Treasurer, effective immediately. He will be charged with oversight of access to financial markets for the Poughkeepsie-based energy firm, which had 2005 operating revenues of $973 million, and will continue to represent CH Energy Group with stock analysts, shareholders, rating agencies, banks, and other financial institutions.
"Stacey has demonstrated a keen business sense and developed an outstanding perspective on our industry. His ability to work effectively with the financial community will also continue to add great value for shareholders," said Steven V. Lant, Chairman of the Board, President and Chief Executive Officer. "His experience -- ranging from the analysis of new business ventures to long-range financial planning -- provides him with a solid grounding on CH Energy Group's financial health, fiscal management and investment strategy." |
Renner joined subsidiary Central Hudson Gas & Electric Corporation in 1990 as a Cost & Rate Analyst. Six years later, he joined the IBM Corporation as a Financial Analyst and served in finance positions of increasing responsibility at that corporation's Global Services Division. He re-joined CH Energy Group in 2003 as its Director of Investment Planning and Analysis and was named Assistant Treasurer in June 2005.
Renner, who resides in Hyde Park with his wife Hilary, holds a Bachelor of Economics from Union College and a Master's degree in Business Administration from Marist College. He is currently a member of the Board of Directors of Rehab Programs, Inc., including service as its treasurer.
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