Morning Briefing - January 23, 2017
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January 23, 2017

Entergy’s Nuclear President to Retire in February

By ExchangeMonitor

Bill Mohl, president of Entergy’s nuclear power segment, will retire in February after 35 years in the utility business, the company announced last week.

Mohl’s departure comes as Entergy continues its exit from the merchant power business, which is operated by Entergy Wholesale Commodities: the company’s nuclear business. Entergy has shifted its focus to growth in the regulated utility business. Mohl’s responsibilities will shift to other senior managers March 1, the company said.

“Bill’s contributions have been key in helping us to achieve our business objectives,” Entergy’s Chairman and CEO Leo Denault said in a statement. “In particular, the successful transition from the merchant power business is allowing us to focus on growing the utility.”

Mohl joined Entergy in 2002 and was previously vice president of the company’s commercial operations. He has also been Entergy’s vice president of system planning and operations; and chairman, president and chief executive officer of the defunct Entergy Louisiana LLC and Entergy Gulf States Louisiana LLC utilities. Before Entergy, Mohl worked seven years at Houston-based Koch Industries in several senior management positions. Prior to that, Mohl worked in system operations for Xcel Energy of Denver for 14 years.

Entergy owns 11 reactors at nine locations across the U.S.

Within the past year, the company has announced closure of five plants: the Indian Point Energy Center in Buchanan, N.Y.; the James A. FitzPatrick Nuclear Power Plant in Oswego, N.Y., which has tentatively been sold to Exelon and could remain in operation; the Pilgrim Nuclear Power Station in Plymouth, Mass.; the Vermont Yankee Nuclear Power Plant in Vernon, Vt.; and the Palisades Nuclear Power Plant near South Haven, Mich.

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