Laserfiche WebLink
~~ News Re%ase <br />STEVE THOMPSON PROMOTED TO CHIEF EXECUTIVE OFFICER; <br />LARRY BLAINE JOINS CMMPA AS CHIEF FINANCIAL OFFICER <br />Move completes management succession plan. <br />FOR IMMEDIATE RELEASE MEDIA CONTACT <br />June 30, 2010 Lori Frisk-Thompson <br />507-526-2193 <br />Blue Earth, MN -The Central Minnesota Municipal Power Agency (CMMPA) and its wholly- <br />owned subsidiary, Utilities Plus (UP), announce that Steve Thompson has been promoted to <br />Chief Executive Officer (CEO) of both organizations, effective July I, 2010. Thompson had <br />been Deputy CEO since January. <br />"Steve Thompson has demonstrated his readiness to lead CMMPA and UP," said Bob Schulte <br />of Schulte Associates LLC, who is completing a consulting assignment as Interim CEO. "This <br />well-deserved promotion completes the management succession planning we have been doing <br />the past months. The agency will be in good hands going forward." <br />"I am honored with this responsibility, and excited about continuing the success and growth of <br />the agency in the future," said Thompson. Mr. Thompson has over 30 years of experience in <br />the electric utility industry. He graduated from the University of Minnesota with a BS in <br />electrical engineering and the University of St. Thomas with a MBA. He joined CMMPA/UP in <br />2000. <br />In other news, Larry Blaine has joined CMMPA/UP as Chief Financial Officer (CFO). He has <br />served in that role as a contract employee since 2006. He graduated from Pepperdine University <br />with a BS in accounting and the University of Denver with a MBA. "We are very pleased that <br />Larry has accepted this critically-important position with the agency," said Schulte. <br />About CMMPA <br />CMMPA is a joint action agency of twelve municipally-owned member utilities located in <br />south central Minnesota. CMMPA is aproject-oriented agency and manages the power supply <br />portfolios on behalf of its Members providing future Power Supply Planning and Procurement <br />Services and MISO Market Scheduling Services. CMMPA was created in 1987 under <br />Minnesota Statutes, Sections 453.51 through 453.61. For more information, visit <br />www.cmmpa.org. <br />### <br />CENTRAL MINNESOTA MUNICIPAL POWER AGENCY <br />459 South Grove Street Blue Earth, Minnesota 56013 507-526-2193 <br />