Dynegy Inc. (NYSE:DYN) today announced that Richard W. Eimer, Executive
Vice President of Operations, will retire effective October 1, 2009.
With Eimer’s retirement, Lynn A. Lednicky will be named Executive Vice
President of Operations, and certain other members of the company’s
Executive Management Team will take on expanded responsibilities.
“Rich has made numerous contributions during his four decades of service
to Dynegy and its predecessor, Illinois Power,” said Bruce A.
Williamson, Chairman, President and Chief Executive Officer of Dynegy
Inc. “He has developed a strong operations team with a commitment to
keeping our facilities available to capture market opportunities. We
thank him for his dedication and service to the company and wish him
well in his retirement.”
Eimer, 61, joined Dynegy predecessor Illinois Power in 1971, and held
positions of increasing responsibility with the company, primarily
associated with power plant operations and management.
Lednicky, 49, joined Dynegy predecessor Destec Energy, Inc. in 1991. He
most recently served as Executive Vice President, Asset Management,
Government and Regulatory Affairs. As Executive Vice President of
Operations, Lednicky will have overall responsibility for the
operational management of the company’s fleet of power generation
assets. Lednicky will continue to oversee the company’s construction
projects and continue to report to Williamson.
“Lynn has developed a comprehensive understanding of Dynegy, our power
plants and our markets through a variety of commercial and corporate
roles over a career with the company that spans almost 20 years. Under
his leadership, we will continue our focus on safe, reliable and
cost-efficient operations,” Williamson said.
With Lednicky’s appointment to the Operations position, J. Kevin
Blodgett, General Counsel and Executive Vice President, Administration,
will assume responsibility for government and regulatory affairs.
Charles C. Cook, Executive Vice President, Commercial and Market
Analytics, will assume asset management responsibilities.
Through its subsidiaries, Dynegy Inc. produces and sells electric
energy, capacity and ancillary services in key U.S. markets. The power
generation portfolio consists of approximately 17,700 megawatts of
baseload, intermediate and peaking power plants fueled by a mix of
natural gas, coal and fuel oil. DYNC
