Bocanegra named president -- Peoples Gas and North Shore Gas
Rhea-AI Summary
WEC Energy Group (NYSE: WEC) has appointed Maria Bocanegra as president of Peoples Gas and North Shore Gas, effective January 2, 2025. Bocanegra, previously chief legal and government relations officer at the Port of Cleveland, will oversee daily operations, strategy, and administrative activities for the two Illinois utilities serving nearly 1 million customers in Chicago and 54 northern suburban communities.
Prior to her Port of Cleveland role, Bocanegra served as a commissioner with the Illinois Commerce Commission, regulating utilities and engaging in energy and water issues. She holds a bachelor's degree in political science from Quincy University and a juris doctor from DePaul University College of Law.
AI-generated analysis. Not financial advice.
Positive
- Appointment of experienced utility regulation professional to lead Illinois operations
- Strategic leadership addition for utilities serving nearly 1 million customers
Negative
- None.
News Market Reaction – WEC
On the day this news was published, WEC gained 0.02%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
"Maria has an impressive list of accomplishments in utility regulation and creating successful engagement strategies within the government, private and public sectors," said Scott Lauber, president and chief executive officer — WEC Energy Group. "I know her broad experience, along with her strong leadership, will be instrumental in helping us achieve our goals in
Bocanegra will have primary responsibility for managing the daily operations, strategy and administrative activities of the two
Bocanegra holds a bachelor's degree in political science from Quincy University and a juris doctor from DePaul University College of Law.
Prior to her position at the Port of
WEC Energy Group (NYSE: WEC), based in
The company's principal utilities are We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources. Another major subsidiary, We Power, designs, builds and owns electric generating plants. In addition, WEC Infrastructure LLC owns a growing fleet of renewable generation facilities in states ranging from
WEC Energy Group (wecenergygroup.com) is a Fortune 500 company and a component of the S&P 500. The company has approximately 34,000 stockholders of record, 7,000 employees and more than
View original content:https://www.prnewswire.com/news-releases/bocanegra-named-president--peoples-gas-and-north-shore-gas-302325516.html
SOURCE WEC Energy Group