This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Dominion Announces Executive Changes

RICHMOND, Va., Nov. 27, 2012 /PRNewswire/ -- Dominion (NYSE: D) announced today a number of executive changes.

Effective Feb. 1, 2013:
  • Margaret E. "Lyn" McDermid will retire as senior vice president and Chief Information Officer after a career of more than 30 years with the company. Upon leaving Dominion, McDermid will become Chief Information Officer for the Federal Reserve System.

Effective Jan. 1, 2013:
  • Steven A. Rogers, currently president of Dominion Resources Services and Chief Administrative Officer, will succeed McDermid as senior vice president and Chief Information Officer. In recognition of the increasing importance of information security, this position will report directly to Dominion Chairman, President and CEO Thomas F. Farrell II. McDermid will continue to report to Rogers until her retirement to assist with the transition.
  • Carter M. Reid, currently vice president, General Counsel and Corporate Secretary, will be promoted to senior vice president-Administrative Services and Corporate Secretary. In addition to assuming responsibility for human resources and shared services, Reid will retain her responsibilities as corporate secretary and will continue to report to Farrell.
  • Mark O. Webb will be promoted to vice president and General Counsel from his current position as deputy general counsel-Electric Regulation, Litigation & Environment. He will report to Robert M. Blue, senior vice president-Law, Public Policy & Environment, and will be responsible for management of the Law Department.
  • Christine M. Schwab, currently vice president-Regulatory Compliance and Chief Risk Officer, will become vice president, Chief Compliance and Risk Officer. She will continue to report to Mark F. McGettrick, executive vice president and Chief Financial Officer, for her corporate risk responsibilities. In her new role being responsible for the company's Ethics and Compliance program, Schwab will report to Blue.

In acknowledging McDermid's contributions to Dominion, Farrell said: "Lyn consistently has shown herself to be an inspiring, caring and committed leader as well as a wise counsel. Her accomplishments in industry and community organizations are equally impressive. She is universally respected for all that she has done. We have been extremely fortunate to have Lyn as part of our organization. We wish her all the best as she moves into a critical role serving the interests of our nation. Dominion's loss is the country's gain."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.99 0.00%
FB $102.01 0.00%
GOOG $682.40 0.00%
TSLA $151.04 0.00%
YHOO $27.04 0.00%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs