Bob Grimm, Alaska Power & Telephone’s CEO for the past 32 years, is stepping down at the end of the year.
Grimm has worked for AP&T since 1972, helping guiding the once small regional provider to a major utility in the nation’s largest state area-wise.
“Through it all Bob’s unwavering commitment to AP&T, and its shareholders, has served as the North Star, keeping us true to our Mission: “˜To Be a Strong, Growing and Innovative Leader in the Energy and Communications Industries.’ Bob is leaving AP&T in good stead, poised to take advantage of the many opportunities it has in both the energy and telecommunications sectors,” AP&T Chairman William Squires said in an open letter to employees.
“The Board of Directors has engaged outside consultants to help design and direct a process for seeking and selecting AP&T’s next President and CEO. That process has already begun, and will continue in earnest after the New Year. We intend to be very purposeful in moving through this process. We are thankful for the lead-time Bob has given us to seek his successor. We have no firm date set by which we must conclude the process, but we will make every effort to communicate our progress along the way,” Squires added.
Grimm helped push AP&T to enhance its hydropower and even its solar power capacity. He recently was named Electric Light & Power magazine’s Small Utility CEO of the Year and will be honored at the awards ceremony February 8 in Orlando as part of the ELP Executive Conference and the DistribuTECH show.