Industry & Services >> CEO Interviews >> May 2, 2003

Stephen Reynolds – Puget Energy Inc (psd)

STEPHEN P. REYNOLDS is President and Chief Executive Officer of Puget Energy and its utility subsidiary, Puget Sound Energy. Under his leadership, Puget Energy is focused on rebuilding its financial strength by concentrating on its core business: retail utility service within a regulated environment. In addition to his responsibilities with Puget Energy, Mr. Reynolds serves on the Boards of Directors for the following organizations: ArtsFund; The 5th Avenue Theatre; The Nature Conservancy of Washington; Washington Roundtable; Oregon Steel Mills; Unova, Inc.; the Edison Electric Institute and American Gas Association. Mr. Reynolds has three decades of experience in both the natural gas and electric power business, including significant accomplishments in energy matters at the state and federal levels, both within North America and internationally. He was formerly CEO of Reynolds Energy International and also served for 10 years as CEO of Pacific Gas Transmission Company of Portland, Oregon. He has a Bachelor's degree in Economics from the University of California-Berkeley and a Master's degree in Business Administration from the University of Oregon. Profile
TWST: Could you give us an overview of Puget Energy?

Mr. Reynolds: We are two entities: we are a holding company for

Puget Sound Energy, which is the largest integrated gas and

electric