PRINCETON, N.J. — NRG Energy (NYSE:NRG) and NRG Yield (NYSE: NYLD, NYLD.A) announced the following executive appointments in finance effective January 4, 2016: Gaetan Frotte, Senior Vice President, Finance and Strategy of NRG Yield, will become Senior Vice President and Treasurer of NRG; Chad Plotkin, Vice President, Investor Relations, will become Senior Vice President, Finance and Strategy for NRG Yield; and Kevin Cole will join NRG as Senior Vice President of Investor Relations.
“At this important time in NRG’s history, we are pleased to be leveraging existing talent and bringing in new expertise to further strengthen our corporate finance resources, provide ongoing support and leadership for NRG Yield while continuing to improve our ability to clearly and effectively communicate with stakeholders,” said Kirk Andrews, NRG and NRG Yield Chief Financial Officer.
Both Gaetan Frotte and Chad Plotkin bring deep industry experience and financial expertise to their new roles in the NRG and NRG Yield organizations. Prior to his role as Head Finance and Strategy for NRG Yield, Gaetan Frotte served as Assistant Treasurer of NRG. Prior to leading Investor Relations at NRG, Chad Plotkin led the Finance organization for NRG Home Solar and previously served in the Strategy, Mergers and Acquisitions organization for NRG.
Kevin Cole joins NRG as Head of Investor Relations with a highly-developed skillset having followed and researched NRG for nearly 10 years. Kevin Cole most recently served as senior energy equity and credit analyst and energy sector team captain with Achievement Asset Management. From 2007-2014, Kevin Cole served as Vice President on the Credit Suisse US power and utility equity research team with a mix of lead and co-coverage across the regulated utility, integrated power, and independent power producer sectors. Prior to Credit Suisse, he served as an associate with Jeffery Slocum & Associates conducting fixed income research and investment consulting services.
Gaetan Frotte, Chad Plotkin and Kevin Cole will report directly to Kirk Andrews, NRG and NRG Yield Chief Financial Officer.
NRG is leading a customer-driven change in the U.S. energy industry by delivering cleaner and smarter energy choices, while building on the strength of the nation’s largest and most diverse competitive power portfolio. A Fortune 200 company, we create value through reliable and efficient conventional generation while driving innovation in solar and renewable power, electric vehicle ecosystems, carbon capture technology and customer-centric energy solutions. Our retail electricity providers serve almost 3 million residential and commercial customers throughout the country.
About NRG Yield
NRG Yield owns a diversified portfolio of contracted renewable and conventional generation and thermal infrastructure assets in the U.S., including fossil fuel, solar and wind power generation facilities that provide the capacity to support more than one million American homes and businesses. Our thermal infrastructure assets provide steam, hot water and/or chilled water, and in some instances electricity, to commercial businesses, universities, hospitals and governmental units in ten locations. NRG Yield’s Class C and Class A common stock are traded on the New York Stock Exchange under the symbols NYLD and NYLD.A, respectively.