Dominion Energy (D) Announces Executive Leadership Transition

Key Leadership Changes as Diane Leopold Announces Retirement

Author's Avatar
Dec 03, 2024
Article's Main Image

Dominion Energy, Inc. (D, Financial) has announced a significant transition in its executive leadership team. On November 25, 2024, Diane Leopold, the company's Executive Vice President, Chief Operating Officer, and President of Contracted Energy, provided notice of her intent to retire effective June 1, 2025. Ms. Leopold will continue to serve in her current roles until January 1, 2025, to ensure a smooth transition.

In light of Ms. Leopold's retirement, Dominion Energy has outlined its succession plan. Effective January 1, 2025, Edward H. Baine, currently the President of Dominion Energy Virginia, will take on additional responsibilities for the company's utility operations. His new title will be President of Utility Operations and Dominion Energy Virginia.

Additionally, Eric S. Carr, who serves as the Chief Nuclear Officer and President of Nuclear Operations, will expand his role to include oversight of the company's Contracted Energy operating segment. His title will be updated to Chief Nuclear Officer and President of Nuclear Operations and Contracted Energy.

This leadership transition is part of Dominion Energy's strategic plan to ensure continued operational excellence and growth in its utility and energy segments. The company remains committed to delivering reliable energy solutions while adapting to the evolving energy landscape.

Should you invest in Dominion Energy Inc (D, Financial) right now? Before you do it, it’s important to understand the business profitability and stock valuations, and find out what the warning signs are about. See the in-depth Dominion Energy Inc (D) stock research here.