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Power Authority Board Elects Kelley President, CEO

Contact:
Michael Saltzman
914-390-8181
michael.saltzman@nypa.gov

May 29, 2007

FOR IMMEDIATE RELEASE  

WHITE PLAINS—Governor Eliot Spitzer today announced that the New York Power Authority (NYPA) trustees had elected Roger B. Kelley President and Chief Executive Officer, to replace Timothy S. Carey, who is retiring. 

“I’m delighted by this selection,” Governor Spitzer said.  “I recommended that the board consider Roger Kelley because of his extensive and impressive accomplishments in the electric utility industry.” 

Kelley, who lives in East Amherst near Buffalo, has been Senior Vice President and Chief Technical Officer for Fortistar for the past decade.  In this position he oversees technical and operational matters for Fortistar power plants and assets, acquisition activities and development activities for power plant projects. 

He is a graduate of Northeastern University in Boston and took graduate courses at C.W. Post College on Long Island.  He began his professional career with the New York State Electric and Gas Corp. He also worked for Empire Energy Corp.; Commercial Union Energy Corp.; and LS Power Corporation before joining Fortistar in 1992 as a vice president and general manager. 

Kelley is a Registered Professional Engineer in New York State and holds a membership in the Institute of Electrical and Electronic Engineers.  He is a board member and past chairman of the Independent Power Producers of New York and he has written extensively on electric energy matters. 

Frank S. McCullough, Jr., Chairman of the Power Authority, said the trustees were glad to be able to turn to such a qualified individual to take on the heavy burdens of President and CEO.  

“The Power Authority has an outstanding 76-year history of service to the people of New York State,” said McCullough.  “We operate 18 power plants, 1,400 miles of transmission lines and provide about a quarter of all electricity used in the state.  We are industry leaders in clean, renewable energy and we actively promote energy efficiency measures from one end of the state to the other.  Running this organization is a big job and I’m happy to say we found the right man in Roger Kelley to take it on.” 

Kelley will join the Power Authority on June 25 as President-elect and will take on his full duties when Carey retires June 30. 

Governor Spitzer congratulated Carey on his retirement and noted his many years of public service. Carey began his public service in 1984 as a member of the Westchester County Board of Legislators and later served in several State-level positions, including President and CEO of the Battery Park City Authority.  In January 2006 he was selected as President and CEO of the Power Authority, after serving as NYPA’s chief operating officer and previously as a trustee.

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  About NYPA:

 ■    NYPA uses no tax money or state credit.  It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity.  ■    NYPA is a leader in promoting energy-efficiency, new energy technologies and electric transportation initiatives.  ■    It is the nation’s largest state-owned electric utility, with 18 generating facilities in various parts of the state and more than 1,400 circuit-miles of transmission lines.

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