PNM Resources Names Pat Vincent-Collawn New Board Chairman

The Board of Directors of PNM Resources

today announced it has elected Pat Vincent-Collawn as its new chairman. Vincent-Collawn, currently PNM Resources' president and CEO, will assume her new role on Jan. 1, 2012. She replaces Jeffry Sterba, who served as the company's chairman since 2000 and preceded Vincent-Collawn as PNM Resources CEO and president. The board yesterday unanimously elected Vincent-Collawn to succeed Sterba, who will retire from the board Dec. 31.