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- Guzman Energy Appoints John Foster as Executive Chairman and Michael Ott as CFO
Guzman Energy Appoints John Foster as Executive Chairman and Michael Ott as CFO
Slice of Energy Team
August 23, 2024
Key Highlights:
John Foster appointed as Executive Chairman and interim Chief of Power Generation Portfolio.
Michael Ott named Chief Financial Officer with extensive infrastructure and finance expertise.
Leadership changes aim to enhance Guzman Energy's growth and impact on the U.S. power grid.
Source (Business Wire)
Notable Quotes:
"John is a seasoned executive that brings extensive dispatchable generation experience to the Guzman team. This is especially valuable as we experience tremendous growth and American communities are seeking ways to smooth the energy transition."
"This is an organization unafraid of bold ideas. We’re scaling the company as well as our capabilities to have a major impact on the next generation power grid."
"Bold thinking and creative solutions will be needed for the power grids of tomorrow. I’m looking forward to rolling up my sleeves and working to make sure that Guzman plays a big part in this future."
Our Take:
The appointment of John Foster and Michael Ott signals Guzman Energy's commitment to fortifying its leadership team with experienced professionals in the power and finance sectors. Foster's track record of leading significant mergers and developing power portfolios, combined with Ott's deep expertise in energy finance, positions Guzman Energy to effectively navigate the complexities of the energy transition. This strategic move will likely accelerate the company's growth and expand its influence in the U.S. wholesale power market.