LG&E and KU Energy have announced that Paul W. Thompson has been named president and COO of the companies. Victor A. Staffieri remains the chairman and CEO.
Under the new structure, Staffieri will continue to report to Bill Spence, PPL chairman, president and CEO. Thompson will continue to report to Staffieri.
Thompson joined LG&E in 1001 in Business Development and has held a number of leadership roles. In his current role, he is responsible for all operational areas including generation, energy supply and analysis, electric distribution and transmission, gas distribution and storage, and customer service.
Thompson has a bachelor’s degree in mechanical engineering from Massachusetts Institute of Technology and a master’s degree in business administration in finance and accounting from the University of Chicago.
Additionally, Lonnie Bellar, vice president of Gas Distribution, will be promoted to senior vice president-Operations and report to Thompson. John P. Malloy, vice president of Customer Services, will be promoted to vice president-Gas Distribution; and Beth McFarland, director of Asset Management, will be promoted to vice president-Customer Services.
“This new structure will allow me to continue to oversee the strategic and financial direction of the company, while providing Paul increased responsibility in day-to-day activities,” Staffieri said. “The energy industry and the needs of our customers continue to evolve, and we have a solid team dedicated to meeting those challenges.”