– USA, NJ – Public Service Enterprise Group (NYSE: PEG) today announced the appointment of Ralph LaRossa to its Board of Directors as president and CEO effective Sept. 1, 2022, succeeding Ralph Izzo who remains as executive chair until Dec. 31, 2022, when Ralph LaRossa will assume the additional responsibilities of chair of the PSEG board from Jan. 1, 2023.
“For almost 20 years, Ralph LaRossa and I have worked side-by-side building out PSEG’s vision. I am proud of the accomplishments our 12,500-strong workforce has made, and I look forward to what PSEG will accomplish in the years to come.” commented executive chair, Ralph Izzo.
About Ralph LaRossa
For over three decades, Ralph LaRossa held leadership roles overseeing all of the operating businesses of PSEG, including Public Service Electric & Gas (PSE&G); PSEG Power; PSEG Long Island; and PSEG Services Corp. functions, including information technology and cyber and physical security.
His track record and in-depth knowledge of PSEG and the industry enable him to take the helm of the company at a pivotal time, as PSEG, New Jersey and our nation look to pursue significant energy and climate programs to help customers and communities thrive in a challenging environment.
“I am incredibly honored to step into this role after working so closely with Ralph Izzo for so many years. As CEO for 15 years, Ralph Izzo has had a significant impact on not only the performance and culture of PSEG but also on the business and energy landscape across New Jersey and nationally,” said CEO, Ralph LaRossa.
He added, “Combined with our relentless focus on the safety of our employees, customers, and communities, a strengthened infrastructure, as well as a strong, diverse talent pipeline, PSEG is well positioned for the future.”
Public Service Enterprise Group is a predominantly regulated infrastructure company focused on a clean energy future. Guided by its Powering Progress vision, PSEG aims to power a future where people use less energy, and it’s cleaner, safer, and delivered more reliably than ever. PSEG’s commitment to ESG and sustainability is demonstrated in our net-zero 2030 climate vision, our pursuit of science-based emissions reductions targets, and participation in the U.N. Race to Zero, as well as our inclusion on the Dow Jones Sustainability North America Index, the Bloomberg Gender-Equality Index and the list of America’s most JUST Companies. PSEG’s businesses include Public Service Electric and Gas Co., PSEG Power, and PSEG Long Island.
For more information: https://landing.pseg.com/
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