NRG Energy, Inc. (NRG Energy) has appointed Robert Flexon to his prior role as chief financial officer (CFO) and John Ragan as chief operating officer (COO). It has also appointed J. Andrew Murphy as head of Northeast Region; Michael Bramnick as senior vice president and general counsel and Clint Freeland as NRG Energy’s strategy, mergers & acquisitions group. Robert Flexon returns to his previous role as CFO, a position he held from 2004-2008. Ragan succeeds Flexon as COO.
Currently, Ragan is the president of NRG Energy’s Northeast region. Currently Murphy is NRG Energy’s general counsel. Currently, Bramnick is the deputy general counsel and chief compliance officer. Currently, Freeland is the CFO of NRG Energy. While at NRG Energy’s strategy, mergers & acquisitions group, Freeland will best be able to deploy his substantial experience and considerable talent for financial structuring for the benefit of NRG Energy’s shareholders.
Flexon will oversee all aspects of NRG’s financial organization including accounting, treasury, tax, risk and credit management. In 2008, Flexon served as the company’s first COO, NRG Energy’s plant and commercial operations groups to record performance.
Ragan will be overseeing NRG Energy’s plant operations (including FORNRG), commercial operations, engineering, procurement and construction and environmental business. Ragan joined NRG Energy in 2006 as regional president, Northeast. Under his direction, NRG Energy has completed a RepoweringNRG effort at the company’s Cos Cob plant and has several projects underway at the Devon, Middletown and Montville plants. He has more than 20 years of experience in the energy industry, working in all areas of the business including trading, transmission and operations, both domestic and international.
In his new role as regional president, Murphy will lead NRG Energy’s Northeast region, representing more than 7,000 megawatts of electricity in Connecticut, Delaware, Maryland, Massachusetts and New York. Since Murphy first joined NRG Energy in 2006 as general counsel, he has played a central role in key aspects of NRG Energy’s business, particularly transaction, project development and financing, as well as a vast scope of energy and regulatory issues. Prior to NRG Energy, Murphy headed Hunton & Williams’ energy practice where he represented issuers, developers, investors and lenders in a wide variety of energy projects and structured financings.
As general counsel, Bramnick will advise and support NRG on all legal matters relevant to the company in terms of compliance, governance and general business operations. Bramnick has nearly 20 years experience dealing with litigation, corporate and regulatory matters, most recently serving as NRG Energy’s deputy general counsel and chief compliance officer. He joined the company in 2004 after having worked at several public companies and a law firm.
“We were very successful in 2008 operationally – in terms of financial results, plant operating performance, safety record, and environmental results,” said David Crane, president and chief executive officer, NRG Energy. “As we enter 2009, we are well aware that we face increased industry, market and external challenges and to achieve NRG’s maximum potential, we need to have our people in the positions where each individual’s skills and experience can be best deployed to meet the challenges and capitalize on the opportunities that currently present themselves.”