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Calpine Corporation
CPN today announced that Jack Fusco, President and
Chief Executive Officer since August 2008, has agreed to extend the term of
his contract through December 2015. Mr. Fusco will continue to serve as CEO
through the May 2014 Annual Meeting, immediately following which he will
become Executive Chairman of the Board of Directors.
The Company also appointed Thad Hill as President, effective immediately. Mr.
Hill joined Calpine in September 2008 as Executive Vice President and Chief
Commercial Officer and became Chief Operating Officer in October 2010. Mr.
Hill will continue to serve as COO and to report to Mr. Fusco.
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