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Stock impact report

AVANGRID Announces Retirement of CEO James P. Torgerson

Avangrid, Inc. (AGR) 
Last avangrid, inc. earnings: 4/28 04:15 pm Check Earnings Report
Company Research Source: Business Wire
ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE: AGR) announced today that CEO James P. Torgerson, 67, will retire on June 23, 2020, the day immediately following the annual meeting of shareholders. The company is conducting an internal and external search for Torgerson’s successor.“Jim has successfully led the integration of AVANGRID, making the company a leading sustainable energy group in the U.S. His long and successful career is widely recognized by his peers in the industry. AVANGRID has benefitted from his leadership and guidance over the past five years,” said Ignacio Galan, Chairman of the Board for AVANGRID.Torgerson has served as CEO of AVANGRID since it was formed in 2015 as the result of the merger of Iberdrola USA and UIL Holdings Corporation. Previously, Torgerson served as President and CEO of UIL Holdings. During this time, he has presided over the expansion of this regional electric utility to the diversified energy company that AVANGRID is today, serving 3. Show less Read more
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