GE Hitachi Nuclear Energy names new president, CEO

Wilmington, N.C., May 24, 2010 — With the world’s increasing concerns about climate change and the rising demand for energy, nuclear energy is enjoying a global resurgence as one of the few available, virtually non-carbon emitting sources of electricity.

To continue the momentum and build off its success in the nuclear power industry under Jack Fuller’s excellent leadership, GE Hitachi Nuclear Energy has announced an organizational change that will provide additional leadership during this critical time.

The current role of GEH’s chairman of the board and president and CEO will be split into two positions, effective July 5. Fuller will remain as chairman of the board, and Caroline Reda will become president and CEO.

“Jack is recognized as a nuclear industry leader, and I am pleased that his expertise and knowledge will continue to be focused on strategic initiatives which are vital to our long-term success,” said Steve Bolze, president and CEO, GE Power & Water. “Taking on the daily operations of the business is Caroline Reda, who has spent many years in our nuclear organization. Her leadership experience across the company makes her a superb candidate to continue our momentum in the nuclear space.”

In her 17 years with GE’s nuclear business, Reda held leadership roles in new product introduction, quality and power plant operations, including serving as chief operating officer for Global Nuclear Fuel Americas.

For the last five years, Reda served as president and CEO of GE Sensing and Inspection Technologies, a global business unit with 4,300 employees that designs and manufacturers sensing and non-destructive testing equipment for numerous industries, including the nuclear energy sector.

She has also served in GE’s energy services business as president and CEO of GE Energy Parts and president and general manager of GE Energy Rentals.

Reda earned a Bachelor of Science degree in computer science from the University of North Carolina at Wilmington and a Master’s degree in industrial engineering from North Carolina State University. She and her family will relocate to Wilmington, NC.

Based in Wilmington, N.C., GE Hitachi Nuclear Energy  is a world-leading provider of advanced reactors and nuclear services. Established in June 2007, GEH is a global nuclear alliance created by GE and Hitachi to serve the global nuclear industry.

The nuclear alliance executes a single, strategic vision to create a broader portfolio of solutions, expanding its capabilities for new reactor and service opportunities. The alliance offers customers around the world the technological leadership required to effectively enhance reactor performance, power output and safety.


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