VALLEY FORGE, Pa., May 5, 2020 /PRNewswire/ -- PJM Interconnection announced today that Ake Almgren, Ph.D., and Charles Robinson have been reelected to the PJM Board of Managers, while Margaret Loebl was elected as a new Board member during its Annual Meeting this week.
Dr. Almgren was also reelected by fellow Board members to continue serving as chair of the Board for one year.
Almgren has served on the PJM Board of Managers since 2003. He operates his own consulting company, Orkas Inc., which is focused on new energy technologies. Almgren was president of several ABB companies, including ABB Power T&D Co., which is involved in electric transmission and distribution worldwide. Previously, he served on the Department of Energy's Electricity Advisory Council.
In December 2019, the PJM Board waived its policy on term limits applicable to Almgren. While he was reelected to a three-year term, he has noted his intention is to serve for only one additional year for the purpose of helping to ensure a successful leadership transition.
"PJM is grateful for the leadership and continuity Dr. Almgren has provided us throughout a period of significant transition," said PJM President and CEO Manu Asthana.
Charles Robinson Elected to Additional Term
Robinson, first elected to the PJM Board in 2011, was also reelected by the Members Committee.
Robinson serves as the vice president of Legal Affairs and General Counsel for the Regents of the University of California, where he is the chief legal officer. He previously served for seven years as vice president, general counsel and corporate secretary for the California Independent System Operator. Prior to that, Mr. Robinson was assistant general counsel and director of litigation for Packard Bell, division counsel for the Raychem Corporation, and a partner at the Heller Herman White and McAuliffe law firm.
He graduated with a Bachelor of Arts from Harvard University in 1979 and earned his Juris Doctor from Yale University in 1983.
New Board Member Margaret "Margo" Loebl Welcomed, Susan Riley Recognized
PJM members also elected Margaret "Margo" Loebl to serve on the Board of Managers.
Loebl most recently served as executive vice president and chief financial officer of AgroFresh Solutions, Inc. in 2016. She has over 30 years of professional experience holding executive employment with Fortune 500 companies in areas of finance, accounting and risk management.
Loebl fills the Board vacancy left by retiring member Susan J. Riley. At Monday's meeting, Almgren recognized Riley's service as a member of the PJM Board and interim president & CEO of PJM.
"I have always been impressed by Sue's work ethic and commitment to PJM," said Almgren. "She brought a strong business acumen and financial sense to the PJM Board and has helped PJM to build stronger relationships with members, states and the market monitor."
Elections took place at the May 4 Members Committee session, part of this year's remotely hosted Annual Meeting. Election of the chair of the Board took place at the Board meeting on May 5.
PJM Interconnection, founded in 1927, ensures the reliability of the high-voltage electric power system serving 65 million people in all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia. PJM coordinates and directs the operation of the region's transmission grid, which includes over 84,236 miles of transmission lines; administers a competitive wholesale electricity market; and plans regional transmission expansion improvements to maintain grid reliability and relieve congestion. PJM's regional grid and market operations produce annual savings of $2.8 billion to $3.1 billion. For the latest news about PJM, visit PJM Inside Lines at insidelines.pjm.com.
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SOURCE PJM Interconnection