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October 15th, 2009

Laurito will succeed Central Hudson's Carl Meyer

The Board of Directors CH Energy Group, Inc. has announced the appointment of James P. Laurito as Executive Vice President of the holding company and of its utility subsidiary, Central Hudson Gas & Electric Corporation, effective Nov. 1, 2009
Poughkeepsie - The Board of Directors CH Energy Group, Inc. (NYSE: CHG) has announced the appointment of James P. Laurito as Executive Vice President of the holding company and of its utility subsidiary, Central Hudson Gas & Electric Corporation, effective Nov. 1, 2009. Laurito will succeed Carl E. Meyer as President of Central Hudson, effective with Meyer’s retirement on Dec. 31, 2009.

“On behalf of the entire organization, I express sincere appreciation to Carl, who served so capably as President and Chief Operating Officer of Central Hudson for the past 10 years and for his outstanding 40-year career with our Company,” said Steven V. Lant, Chairman of the Board, President and C.E.O.

“During the last decade, under Carl’s leadership, we confronted such challenges as deregulation of our industry, the requirement to provide superior service while controlling costs, and the need to meet our customers’ growing expectations for ever-more reliable power,” Lant said. “We thank him for his dedicated service to the Company and to the community and we wish him the best in retirement.”

Reflecting on his four-decade-long career with Central Hudson, Meyer said, “I have had the pleasure of working with a very talented, dedicated and skilled team of employees — professionals as well as craftsmen/women.  I feel privileged to have been able to contribute to the Company’s success in achieving ‘best-in-class’ employee safety and in producing cost-efficient, sustainable improvements in service quality, as well as in preparing the Company to face future operating challenges and to pursue opportunities to improve earnings.”

            Meyer joined Central Hudson as a Junior Engineer in 1970 and was promoted to positions of increasing responsibility before his appointment as Vice President of Engineering and Production in 1988. He later served as Vice President and Senior Vice President of Customer Services before assuming the duties of President in 1999. He earned both Bachelor and Master of Science degrees in Electric Power Engineering from Rensselaer Polytechnic Institute.

“Although I am retiring, I plan to continue volunteering my time and energy to support the many organizations who work tirelessly to improve the quality of life in the Hudson Valley,” Meyer said.

            Lant said he has every confidence that Laurito will also provide excellent leadership as Central Hudson continues its more than century-long commitment to providing residents and businesses of the Hudson Valley with reliable, cost-effective and innovative energy products and services.

“Jim has established a reputation as a proven senior executive who has been a leader and architect of motivated, cohesive teams that quickly assess problems, address and manage change, cut costs and increase profitability,” Lant said. “We welcome his expertise and high-energy approach to executive oversight, and I am certain that our customers, employees and investors will benefit from his strong leadership and innovative thinking,” Lant said.

            Between 2003 and 2009, Laurito served as the President of both New York State Electric and Gas Corporation (NYSEG) and Rochester Gas and Electric Corporation (RG&E), as well as President and Chief Executive Officer of RGS Energy Group, Inc., all subsidiaries of Iberdrola/Energy East Corporation. NYSEG and RG&E distribute electricity and natural gas to more than 1.8 million customers, serving about 50 percent of the population of upstate New York; Laurito was responsible for executive oversight of $3.5 billion in annual revenue and 4,300 employees.

"I am very excited to be joining the dynamic CH Energy Group team, and I look forward to making a meaningful contribution to furthering the great tradition of operational excellence and shareholder-value creation,” said Laurito.

            He earned a Bachelor of Science degree in Civil Engineering from West Virginia University in 1978, and completed an executive program in Finance and Manufacturing Management at Columbia University in 1996.

            “Central Hudson’s future success is clear due to the strong foundation that Carl has helped to mold and to Jim’s promise as a visionary leader. I congratulate and offer very best wishes to both of them,” said Lant.

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Reader Response
  • Jessica Diaz
  • February 22nd, 2013 February 21, 2013

    The White House
    1600 Pennsylvania Avenue
    Washington, DC 20500

    Dear Mr. President:

    I am writing you because no one else will listen or help and I am tired of the lack of respect from big companies to the general public. I am shocked at the lack of professionalism on the part of Central Hudson and the straight up griminess of the staff at Dutchess County Social Services.

    My electric company (Central Hudson Gas & Electric Corp., 284 South Avenue, Poughkeepsie, NY 12601, (845) 452-2700) made a mistake with our electric bill. My husband and I moved to 123 Widmer in July 2012 and we had called to switch over to the new address. We had to call Central Hudson twice because they did not have the right information the first time. For eight months we never got a letter, call, email, final termination notice or shutting off the electric, nothing. Then, on February 20th, a note was taped to the entrance door saying that we are to pay $603 by today (February 21) or the electric will shut off. Now let me clarify were we reside. It is an old brick house that has been renovated into 8 small studio units. So, we called the electric company and spoke to a woman named Patty (from customer service) who just wanted us to get government assistance instead of acknowledging their mistake and trying to make it better. She assumed that we were trying to skip out on the bill and was rude asking us why we did not call to ask what was going on. Patty told us on the phone, that Central Hudson had been to our residence several times which it not true we never got a notice, no one rang the buzzer. We were informed that the bill was being mailed to another address. But we did not even get any email notices, something they did when we lived at our last address. I really do not know how this happened. What angers me the most is that no one wanted to acknowledge the mistake and I am sure Patty thought we were lying. I understand these are hard times and people have lots of pressure on them but we all do and people working with the public should be nicer, friendlier during these tough times and they are not. They are rude, assuming the worst of people and they treat everyone like low lives. These people have a lack of respect for their customers for whatever reason but it is not right.

    So we took Patty’s advice and called HEAP (Dutchess County HEAP Department, 60 Market Street, Poughkeepsie, New York 12601, (845) 486-3249), and that was an experience.

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