Leadership Transition at PSEG: A New Era Begins

9/17/2024, 8:31:48 AM

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The recent SEC filing by PSEG highlights a significant leadership transition as Executive Vice President and General Counsel Tamara L. Linde plans her retirement in March 2025. Grace Park, currently Deputy General Counsel, will succeed Linde, ensuring continuity within the legal framework of the organization. This planned succession indicates a stable corporate governance approach and reflects positively on the company’s strategic foresight.

Linde's tenure has been marked by critical legal guidance through various energy transitions, positioning PSEG for a sustainable future. The appointment of Park, with her impressive background, suggests a seamless transition and continued commitment to the company's goals.

Leadership Transition at PSEG: A New Era Begins

PSEG, or Public Service Enterprise Group, has recently made headlines with its announcement regarding a significant leadership transition. In a filing with the SEC, the company revealed that Tamara L. Linde, the current Executive Vice President and General Counsel, will retire on March 14, 2025. This move is part of a well-planned succession strategy aimed at ensuring smooth leadership continuity within the company.

Grace Park, who currently serves as the Deputy General Counsel and Chief Litigation Counsel, has been appointed to succeed Linde as Executive Vice President and General Counsel, effective September 16, 2024. Linde will transition to the role of Executive Vice President and Chief Legal Officer until her retirement, facilitating a gradual handover of responsibilities.

Ralph LaRossa, PSEG’s chair, president, and CEO, expressed gratitude for Linde's contributions, emphasizing her invaluable role over her 30-year career at PSEG. Linde’s tenure has been characterized by her adept navigation through crucial industry shifts, including the company’s transition toward a regulated utility model and support for renewable energy initiatives.

Grace Park, a seasoned attorney, joined PSEG in 2017 and has rapidly ascended through the ranks, showcasing her legal acumen and leadership skills. Her experience includes roles as Acting Prosecutor in Union County, N.J., and Senior Corporate Counsel at Pfizer Inc. Park’s appointment reflects the company’s commitment to internal talent development and strategic succession planning.

This transition comes at a pivotal time for PSEG as it continues to focus on its Powering Progress vision, which aims for a cleaner and more reliable energy future. The company has been recognized for its sustainability efforts, making consistent appearances on the Dow Jones Sustainability North America Index.

As PSEG prepares for this leadership transition, stakeholders can remain confident that the company is well-positioned to navigate future challenges in the energy landscape. The appointment of Grace Park ensures that PSEG will continue to have robust legal guidance and a clear vision as it moves forward.

Original filing