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PRESS RELEASE | NYISO Names Teresa Marrinan to Board of Directors

March 29, 2019

Rensselaer, NY | The New York Independent System Operator (NYISO) announced today the selection of Teresa Marrinan to its Board of Directors, effective April 15, 2019.

The selection of Ms. Marrinan is the result of the NYISO’s stakeholder process in which representatives from each market sector join together to conduct a national search and recommend potential directors to the Board. The NYISO Board is a diverse body comprising members with backgrounds in the electric power industry, finance, information technology, markets, and the law.

“Teresa brings a diversity of experience and knowledge essential to the Board and the future of the competitive wholesale electric markets,” said Ave M. Bie, Chairperson of the Board. “Teresa has more than three decades of experience in the energy sector working for a major utility and later as a strategic advisor to a broad range of industry clients. We welcome her perspective and look forward to the expertise she brings.”

Teresa Marrinan

Ms. Marrinan has 35 years of energy experience ranging from her entry-level role as a utility Rate Analyst to a Senior Vice President responsible for commercial operations for a large US generation fleet. She has served as a senior commercial executive focused on strategic planning, portfolio risk management and commercial operations in wholesale and retail US electricity markets.

Ms. Marrinan was Senior Vice President, US SBU Commercial for The AES Corporation, where she was responsible for US commercial operations and portfolio strategies for fossil-fired, wind, solar and energy storage resources across the US, and management of the unregulated retail electricity marketing business. Ms. Marrinan also was an officer of the Dayton Power and Light Company, responsible for fuel procurement and power trading, 24-hour real-time generation dispatch, logistics management of physical commodities and the company’s participation in organized ISO/RTO markets.

Most recently, Ms. Marrinan has served as Founding Partner of Hanover Strategy Advisors LLC, where she advises a variety of clients on energy strategy, financial, regulatory and market issues.

Ms. Marrinan serves on the Board of Trustees for Goodwill Easter Seals Miami Valley, and as an adjunct professor in Economics and Finance at The University of Dayton School of Business Administration. She previously served as Board Chair of Foodbank Inc. and Cox Arboretum Foundation, and as a Board Member of the Premier Health Plan. Ms. Marrinan holds an MBA from Xavier University and a BS in Business Administration from the University of Dayton.

We are an independent, not-for-profit corporation responsible for operating NY’s electricity grid. We administer wholesale electricity markets, conduct planning for the state’s long-term needs, and advance our technological infrastructure.