PSEG CEO Ralph LaRossa (left) and PSEG’s previous CEO Ralph Izzo (right). Courtesy: PSEG

In another high-profile leadership shuffle at a major U.S. power generating company, PSEG’s longtime president and CEO Ralph Izzo on Sept. 1 passed leadership of the regulated infrastructure company to Ralph LaRossa, who was previously PSEG’s chief operating officer (COO).

Izzo, who will continue to serve as executive chair of the PSEG board until December 2022, will also pass that role to LaRossa. LaRossa will become chair of the PSEG Board on Jan. 1, 2023, when he will also join the executive committee of the PSEG board.

The leadership milestone at PSEG follows several notable leadership changes across the industry in recent months. In August, Entergy Corp. Chairman and CEO Leo P. Denault announced he would retire in 2023, ending a decade-long role as the head of the New Orleans–headquartered power generating giant. Denault will be succeeded by Andrew “Drew” Marsh, Entergy’s current executive vice president and chief financial officer.…

Read More »