Pat Vincent-Collawn Joins EEI as Interim President and CEO

Pat Vincent-Collawn Joins EEI as Interim President and CEO

Pat Vincent-Collawn Joins EEI as Interim President and CEO

WASHINGTON (November 04, 2024) - The Edison Electric Institute (EEI) today announced that Pat Vincent-Collawn, Chairman and CEO of TXNM Energy and an EEI board member, has been appointed interim President and CEO, effective immediately. Vincent-Collawn will lead EEI while the board of directors conducts a comprehensive national search for a permanent replacement.

"The board is grateful to Pat for stepping in to lead EEI during this critical time for the industry," said EEI Chair Maria Pope, President and CEO of Portland General Electric. "With more than three decades of experience in the industry, Pat understands all aspects of what electric companies do-from business and system operations to finance to legislative and regulatory policy. She is one of the longest-serving directors on the EEI board and has helped to shape EEI strategy for more than a decade. Pat is well-positioned to lead our industry and the talented EEI team while we conduct a search for EEI's next President and CEO."

Vincent-Collawn joined the EEI Board in 2010, has served on the EEI Executive Committee since 2012, and was the first woman elected to chair EEI, which she did from June 2017-June 2018. Vincent-Collawn was awarded the EEI Distinguished Leadership Award in September 2019.

Vincent-Collawn said, "I am honored to lead EEI during such a pivotal time, as demand for electricity is growing at the fastest pace in decades. We have an incredible opportunity as an industry to build a brighter future and stronger economy for all Americans, while also delivering on our commitment to get the energy we provide as clean as we can as fast as we can without compromising customer reliability and affordability.

"As an industry, we are ready to meet the challenges we face head-on and to collaborate in new ways with regulators, policymakers, and key stakeholders on both sides of the aisle. EEI is at the epicenter of critical policy and regulatory discussions, and I have a deep appreciation and respect for the depth of talent across the organization and for the work they do on behalf of electricity customers nationwide. I look forward to leading and supporting the team as we work together to advance the board's strategic priorities and to continue to deliver the Power by Association that EEI so effectively represents."

About Pat Vincent-Collawn

Vincent-Collawn is serving as a loaned executive to EEI and remains Chairman and CEO of TXNM Energy. TXNM Energy is the parent company of PNM and TNMP, which combined deliver electricity to approximately 800,000 homes and businesses in New Mexico and Texas.

Vincent-Collawn joined TXNM Energy in 2007 as Utilities President. She was named President and Chief Operating Officer in 2008, and, in March 2010, became President and CEO. The board elected her Chairman in January 2012.

Before joining PNM in 2007, she served as President and CEO of Public Service Company of Colorado, a subsidiary of Xcel Energy. Before that, she served as Xcel Energy's President of Customer and Field Operations, overseeing transmission and distribution operations as well as customer service across 10 states. Vincent-Collawn also held management positions with Arizona Public Service, and outside the energy industry with Price Waterhouse and Quaker Oats.

In addition to EEI, Vincent-Collawn also serves on the boards of Cheniere Energy and Nuclear Electric Insurance Limited. She previously served as chair of the Electric Power Research Institute. Internationally, she is current Chair, North America for the World Energy Council, and she co-chaired the B20 Italy 2021 Energy & Resource Efficiency Task Force, highlighting her global influence in the energy industry.

Vincent-Collawn holds a bachelor's degree in journalism from Drake University and an MBA from Harvard Business School.