GREEN
MOUNTAIN POWER CREATES
NEW
POWER SUPPLY AND RISK MANAGEMENT POSITION,
HIRES
NEW CFO
COLCHESTER, VT… Green Mountain Power (NYSE:GMP)
has announced that on March 20, 2006, Robert Griffin, who has been with Green
Mountain Power since 1982 and served as Vice President and Chief Financial
Officer for the past three years, will take on the new position of Vice
President, Power Supply and Risk Management. This position was created to help
the Company respond appropriately to the volatile wholesale power supply market
and the challenges associated with exploring long-term power contracts over the
course of the next several years.
“Bob’s strong analytical skills and insights will be very important
to us as we enter a critical period in planning for Vermont’s energy future,” said
Chris Dutton, Green Mountain Power President and Chief Executive Officer.
“We also look for Bob to continue to enhance the Company’s risk
management practices,” he added.
Dawn Bugbee, 49, will become the Company’s new Vice President and Chief
Financial Officer, also beginning March 20. Ms. Bugbee is currently Chief
Financial Officer at the Northwestern Medical Center
in St. Albans, Vermont.
In making the announcement, Mr. Dutton said he is "very pleased to
strengthen our management team with the addition of Dawn as Chief Financial
Officer. She brings strong financial and leadership capabilities to the
position, and we will welcome her perspective.”
Ms. Bugbee, a certified
public accountant, has been with Northwestern
Medical Center
since 1989, serving as CFO since 1996. She is a graduate of Castleton State
College and lives in Colchester with her
husband and four children.
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For further information, please contact Dorothy Schnure, Manager of Corporate
Communications, at 802-655-8418.