Longtime working relationship ensures a seamless, successful
transition
DETROIT, June 24, 2019 /CNW/ -- DTE Energy President and
Chief Operating Officer Jerry Norcia
will become president and chief executive officer beginning
July 1. Norcia succeeds Gerry Anderson, who will serve as executive
chairman of the board and continue as a full-time employee of the
company.
The DTE Energy board of directors elected Norcia to the post
June 23.
"Jerry Norcia and I have worked
closely together for more than 15 years. He is a great business
leader with a big heart for our people and our communities. One of
the most important responsibilities of a CEO is to, at some point,
hand off the job to a great successor at the right time. I'm
confident I'm doing that," said Anderson.
Norcia has served as DTE Energy president and chief operating
officer since 2016, responsible for strategic oversight and
operations of the electric and gas utilities, and the two large
non-utility businesses.
He joined the company in 2002 as president of the Gas Storage
and Pipelines business. He has also held the positions of president
of DTE Gas and DTE Electric prior to his current role. As president
and COO, Norcia assumed increasing responsibility for key business
functions over the last few years. [Read Jerry Norcia's full bio
here.]
"I'm grateful for the confidence that Gerry and the Board have
in me to lead this company through such an exciting and
transformative time in the energy industry," said Norcia. "DTE's
top priorities remain the same: to be a great energy company, to
continue to foster a world-class employee engagement culture, to
drive customer service excellence, to be a force for good in our
communities and to deliver distinctive shareholder returns.
"I also want to thank Gerry for his mentorship and support since
joining DTE Energy. In his decade leading DTE, Gerry transformed
our culture, drove a highly-successful growth agenda, and put us on
a path to reduce carbon emissions more than 80 percent in a way
that also supports customer reliability and affordability. He
readied DTE for long-term success, and I look forward to building
on the strong foundation he's set," Norcia added.
Anderson joined DTE in 1993 and held various senior executive
leadership roles throughout the enterprise until being named
president in 2004, CEO in 2010 and chairman in 2011. [Read Gerry
Anderson's full bio here.]
As executive chairman, Anderson will serve as an advisor to
Norcia on business issues and will focus on DTE's community,
political and broader industry roles. He will continue his
leadership in the Detroit Regional CEO Group, the recently created
Detroit Regional Partnership, the Detroit Economic Club, Business
Leaders for Michigan (BLM) and the
Edison Electric Institute. Anderson also chairs several non-profit
organizations.
"This change is part of a multiyear succession plan and we are
unanimously confident in Jerry
Norcia's leadership and vision," said Ruth Shaw, lead
independent director of the board. "On behalf of the board, I thank
Gerry for leading us through such a transformative decade and
congratulate Jerry on his new role."
About DTE Energy
DTE Energy (NYSE: DTE) is
a Detroit-based diversified energy company involved in the
development and management of energy-related businesses and
services nationwide. Its operating units include an electric
company serving 2.2 million customers in Southeastern
Michigan and a natural gas company serving 1.3 million
customers in Michigan. The DTE portfolio includes energy
businesses focused on power and industrial projects, renewable
natural gas, natural gas pipelines, gathering and storage, and
energy marketing and trading. As an environmental leader, DTE will
reduce carbon dioxide and methane emissions by more than 80 percent
by 2040 to produce cleaner energy while keeping it safe,
reliable and affordable. DTE is committed to being a force for
good in the communities where it serves through volunteerism,
education and employment initiatives, philanthropy and
economic progress. Information about DTE is available at
dteenergy.com, empoweringmichigan.com,
twitter.com/dte_energy and facebook.com.
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SOURCE DTE Energy