On May 28, PJM Interconnection announced Andrew L. Ott, president and chief executive officer, is retiring from the organization on June 30, 2019.
To ensure a smooth leadership transition, Ott has agreed to serve as an adviser to the PJM Board of Managers through December 31, 2019.
“I want to thank Andy for his many contributions since joining PJM in 1996. Andy has served in many capacities, has been instrumental in developing competitive markets, maintaining system reliability and has helped PJM achieve its status as a leader in our industry,” said Dr. Ake Almgren, chairman – PJM Board of Managers. “My colleagues on the Board and I look forward to working with Andy to ensure a smooth transition as we begin a search for a new CEO.”
Ott has had a distinguished career with PJM for 22 years. He joined the regional transmission organization in 1996 and helped launch the wholesale energy market in April 1997.
Prior to his appointment as president and CEO in 2015, Ott held a number of senior leadership positions.
“It has been a great privilege to serve as CEO and lead an incredibly talented group of professionals,” said Ott. “I am grateful to have worked with such a talented group of people throughout my career at PJM, and I know PJM will continue to move ahead with solid values and integrity.”
The PJM Board of Managers has formed a committee to oversee the search for a new CEO. In the interim, the Board has announced that Susan J. Riley, a Board member since 2005, will serve as interim CEO, beginning July 1, 2019.
For more information on PJM visit the PJM Interconnection website.
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