Wind Energy – delay and election
Dominion Energy recently announced that Ronald W. Jibson and Michael E. Szymanczyk will retire from the company’s board of directors, continuing to serve the company on the board until the 2024 Annual Meeting of Shareholders.
Jibson was elected to the board in 2016 after the completion of the combination of Dominion Energy and Questar Corporation, where he was chairman, president, and chief executive officer. He serves on the Finance and Risk Oversight and Sustainability and Corporate Responsibility Committees.
Szymanczyk was elected in 2012 after serving as chairman and chief executive officer of Richmond, Va.-based Altria Group. He chairs the Compensation and Talent Development Committee and serves on the Sustainability and Corporate Responsibility Committee.
“Ron and Mike have served Dominion Energy’s shareholders with distinction,” said Robert M. Blue, chair, president and chief executive officer. “Ron’s knowledge of the U.S. natural gas industry has been particularly useful in our gas operations and management over the past seven years, and Mike’s unique leadership and problem-solving skills have been foundational for our Finance and Risk Oversight Committee and the new strategic direction in which Dominion Energy is heading.”
The company also announced that the board of directors has elected two new independent directors, Vanessa L. Allen Sutherland and Paul M. Dabbar. Those elections are effective Dec. 1, 2023, and part of the company’s ongoing commitment to strong corporate governance and regular board refreshment of its board of directors.
Together, Sutherland and Dabbar bring leadership, industry (including nuclear), corporate governance, environmental, government, public policy and legal, as well as technology expertise to the board.
In its financial report for the third quarter of 2023, Dominion also reported that the first US-built and Jones Act-compliant offshore wind turbine installation vessel (WTIV), Charybdis, will be completed in late 2024 or early 2025. The Charybdis was initially expected to enter service this year.