In conjunction with the transition of Jack Fusco to Executive Chairman and Thad Hill to Chief Executive Officer, Calpine Corporation (NYSE:CPN) is pleased to announce changes in the responsibilities of certain leaders on the executive team and as well as promotions for key leaders in our Commercial Operations organization.
- Alex Makler will become Senior Vice President, West Region and will lead origination, development and strategy for the West Region. He previously served as Calpine’s Vice President of Strategic Origination and Development for our West Region from January 2009 to May 2014 and as Vice President and Assistant General Counsel in the Company’s legal department, where he began working in 1999.
- Andrew Novotny will become Senior Vice President, Trading. Andrew joined Calpine in April 2012 as Vice President, Power Trading, and leads the asset portfolio trading teams, which include power and gas trading and logistics.
- Caleb Stephenson will become Senior Vice President, Commercial Analytics. Mr. Stephenson joined Calpine as Vice President, Commercial Analytics, in October 2008, prior to which he was extensively involved in the restructuring of Calpine while working for a consultant. He will continue to oversee the commodity analytic groups including Commodity Margin Analytics, Dispatch Analytics, Operations Reporting, Transaction Analysis and Calpine’s Rotational Program and will gain responsibility for Commercial Information Systems.
- Todd Thornton was named Senior Vice President of Origination and Development. Mr. Thornton now leads origination and development activities throughout our central and eastern regions. A 14-year Calpine veteran, Mr. Thornton has been Vice President, Commercial Development, since January 2013, before which he was the Company’s Vice President, Finance and Treasurer, for four years.